Assistant Financial Controller

Job description / Role

About Us:

GE is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. Through our people, leadership development, services, technology and scale, GE delivers better outcomes for global customers by speaking the language of industry.

Role Summary:

"Assistant Financial Controller - ME" position is to actively support the Turkey & Middle East Controller in the areas of finance and accounts related to Middle East. In this role the person will integrate and develop processes that meet business needs across the organization, manage complex issues within functional area of expertise, and be involved in long-term planning.

Essential Responsibilities:

- Ensure integrity of the general ledger
- Serve as the key audit contact for CAS/external auditors and drive closure of open audit issues
- Serve as the key contact for compiling and filing documentation with Tax authorities
- Oversee AP and withholding tax & VAT compliances
- Advice business leaders regarding complex financial accounting and reporting issues and transaction structuring
- Be the compliance focal point for accounting issues
- Maintain accounting, financial reporting, financial control, and information systems to ensure adequate records, appropriate authorizations of transactions, and safeguard assets
- Initiate process improvements, IT development requests on systems if needed
- Manage / support the business teams in preparing quarterly accounting documentation and preparation of appropriate accounting procedures and policies
- Manage the controllership reviews including quarterly balance sheet reviews, reserve updates, etc.
- Monitoring and increasing the effectiveness of the controls for the Contract reviews and their approvals
- Oversight for the monitoring of contractual risks of the existing commitments
- Ensure Order Review & Entry rules are well-known & followed in the region
- Sustain the Compliance with Revenue Recognition Rules across the region
- Work with Commercial Controller & Commercial Teams to determine the appropriate Revenue Recognition approach for specific deals
- Standardize and monitor the accounting of Commercial Reserves across the legal entities,
- Ensure timely closure of books and records
- Build strong relationship with GOF and finance hubs ensuring the accounts are reconciled 100% and well supported by the backups
- Risk related to accounts need to highlight upfront and plan accordingly for the mitigation
- In depth knowledge of US GAAP and International accounting standards
- Preparation of statutory Financial Statement for Final Audit
- Ensure processes are running correctly for correct financial statements & Collaborate with other teams as needed

Requirements

Qualifications/Requirements:

- Graduate BA/BSc in finance with 6 years of progressive accounting & finance experience including developing forecasts & operating plans and leading business / finance reviews
- Qualified Accountant (ACCA/CIMA/CPA/CFA) & demonstrated experience and understanding of Accounting Principles and Controllership
- Clear thinking / problem solving: successfully led cross-functional projects/process improvement within operations/finance function involving process improvement; able to quickly grasp new ideas
- Excellent communication skills: experience working across multiple levels (including executive level), functions and regions; able to clearly communicate complex financial information in an easy to understand manner; able to deliver message effectively verbally and in writing.
- Integrity: Accepting and adhering to high moral, ethical, and personal values in decisions, communications, actions, and when dealing with others
- Proven ability to work on multiple projects & to meet strict deadlines

Desired Characteristics:

- Confidence / Assertiveness: strong influencing skills across business functions; confidence to approach business leaders with difficult messages and defend position; for example, work closely with business leaders to achieve business objectives while driving controllership/GE Values- Experience working in global business environment with sound understanding of global process and transactional flows - Experience leading in a matrixed environment- Fluent English, speaking & reading- Experience with leading a cross functional team in a complex business organization.- External Auditing Firm graduate will be preferred (Big four)

Locations: United Arab Emirates; Dubai

About the Company

GE is a diversified technology, media and financial services company, dedicated to creating products that make life better. From aircraft engines and power generation to financial services, medical imaging, television programming and oil and gas, GE operates in more than 100 countries and employs over 300,000 people worldwide.

GE's Oil & Gas business is a leader in the development and delivery of advanced product and service offerings for the global oil and gas industry. As a consequence of the rapid expansion of its technology base, GE's Oil & Gas is capable of addressing the largest and most complex engineering and application challenges entirely from its own worldwide resources. So whether it's the world's largest LNG compression trains, re-injection of high sulfur gas, enhancing the safety and productivity of the world's oil and gas pipelines, or equipment for the production of oil and gas from harsh environments, GE is leading the charge.