Dammam, Eastern Region, Saudi Arabia
7 days ago
early career traineeship - finance
Job Description SummaryGE Vernova is leading a new era of energy by helping to accelerate the path to more reliable, affordable and sustainable energy. This internship with GE Vernova Gas Power team will offer a unique opportunity to gain hands-on experience through challenging projects, learn from some of the brightest and most innovative minds in the business and network with a variety of professionals.
This internship will make you ready to apply for a next level career move which is our Financial Management Program (FMP).

Job Description

The Early Career Training is a 6 months program and it is an investment in young talents where GE trains fresh graduates who meet the required criteria to perform their traineeship in a GE business. The traineeship duration varies upon business requirement and will develop the general skills of the trainee and provide on the job knowledge and technical experience. Positions requiring understanding of a concepts, methods and procedures. 

What you’ll do;

Financial Execution and Excellence:

Account for financials of the projects in line with GAAP & STAT policies & standards (e.g., revenue recognition, journal entries, etc.)Review and reconcile periodic balance sheet accounts related to projects & prepare and present monthly balance sheet reviewsPerform Margin Review calculations to enable Finance to work with Project Managers to optimize the performance of the contractsExecute project accounting within ERPs per the global standards set by the business

Operations and Process Problem Solving:

Maintain strong connection with operations to validate contract data (project cost, invoicing), prepare financial output, and communicate to Operations team and broader finance communitySupport operations by approving credit notes, recording bad debt and bonus/liquidated damagesMonitor intercompany transactions related to projects & partner with central Internal Billing System (IBS) team to problem solve rejects & holdsActively participate in contract handover reviews from Inquiry to Order (ITO), to Order to Remittance (OTR) i.e., T&C clarifications, project setup, payment security, hedging evaluation, etc.

What you’ll bring (Basic Qualifications);

Bachelors in Finance, Accounting or Business Administration, Engineering or equivalentAnalytical & strong communication skillsSelf-driven, attentive to details, outcome oriented, good working attitude.Basic knowledge of Microsoft Office suite (Excel, PowerPoint)Willingness and ability to work full-time for 6 months periodFluency in EnglishAbove average GPA / academic grades preferred but not essential

What will make you stand out;

Demonstrated EHS and Quality focus.Demonstrated leadership potentialRecord of achievement with a passion to achieve positive business resultsCuriosity and desire to learn and expand skill setAdaptable and open to change

Additional Information

Relocation Assistance Provided: No

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