Job Description Summary
GE Vernova (NYSE: GEV) Addressing the climate crisis is an urgent global priority and we take our responsibility seriously. That is our singular mission at GE Vernova: continuing to electrify the world while simultaneously working to help decarbonize it.

If we want our energy future to be different...we must be different.

Our mission is embedded in our name. We retain our treasured legacy, "GE," in our name as an enduring and hard-earned badge of quality and ingenuity. "Ver" / "verde" signal Earth's verdant and lush ecosystems. "Nova," from the Latin "novus," nods to a new, innovative era of lower carbon energy that GE Vernova will help deliver.

Together, we have The Energy to Change the World. Learn more at www.gevernova.com

As a member of the Steam Power Services Nuclear segment ITR finance team, you will provide finance leadership and oversight to support the strategic initiatives of the business in the Americas. In this leadership role, you will serve as a strategic partner to the Nuclear commercial team.

The Nuclear market is experiencing a resurgence in commercial activity driven by the need to extend plant life (with planned license extensions) and to provide incremental carbon-free output to support increasing load demand from PPAs/AI/electrification/C02 reduction. These dynamics, coupled with growing global supply chain constraints and economic benefit from the Inflation Reduction Act, is resulting in the Nuclear customer base to accelerate its commercial investment.

This role is responsible for the financial governance of approximately $3 billion of commercial tenders per year, ensuring the highest levels of deal underwriting. You will collaborate with segment leadership, risk management, treasury, FP&A, and the project management organization to achieve customer outcomes, drive profitable growth, and manage company risk effectively. Success in this role requires strong commercial acumen, the ability to drive change and respond effectively to evolving business landscapes, and a focus on continuous improvement.

Job Description

• Partner with the Nuclear General Manager, CFO, commercial leadership team, project directors, and project teams to enhance commercial and operational focus, thereby facilitating timely decision-making and optimizing both short-term and long-term financial performance.
• Act as a strategic business partner to the Nuclear commercial leadership team, shaping deal strategy weekly by considering accelerating market trends, global supply chain constraints, and geopolitical economic conditions, while ensuring customer solutions align with GE Vernova's profitability and risk objectives.
• Implement robust underwriting procedures in a dynamic environment to support approximately $3 billion in annual commercial tenders, directly advancing the segment strategy of achieving over 25% year-over-year market share growth and enhancing commercial connectivity into fulfillment and execution.
• Design policies and procedures based on a rapidly changing market to streamline the tendering process, enabling swift pricing and profitability decisions.
• Actively participate in the development of commercial strategies, offering guidance and technical direction to stakeholders involved in the commercial process.
• Oversee deal underwriting and offer clear, actionable recommendations to support decision-making. Conduct pricing analysis and support cost estimation for active bids, and spearhead initiatives to improve billing linearity & receivables turnover.
• Drive the financial reconciliation component of the Sales and Operations Planning (S&OP) process. Collaborate with cross-functional teams, including sales, fulfillment, services, and finance, to develop and execute a unified plan that supports business objectives. Analyze data to forecast demand accurately, identify potential risks, and propose solutions to improve efficiency and responsiveness. Facilitate continuous improvement in the planning process to leverage S&OP to produce quarterly forecasts, budget outlooks, and long-range strategic forecasts.
• Partner with FP&A to own the orders and as sold margin submissions for all planning cycles, pacing, and monthly operating rhythms.
• Prepare and support presentations required to communicate the Nuclear segment's financial position and progress towards strategic, operational, and financial objectives to Steam Power, Gas Power, and GE Vernova/Corporate.
• Define and drive daily management, continuous improvement, and transformative initiatives associated to the priorities listed above to best meet the demands of a highly evolving market; also resulting in efficiency gains in the finance function (ITR & Operations finance).
• Assist in order acquisition by managing financial instruments (Letters of Credit and Bank Guarantees) and maintain oversight of the advance release process. Ensure a rigorous handover process from Commercial to Operations.
• Collaborate with the commercial, operations, and fulfillment teams on settlements, change orders, liquidated damages, and cost of poor quality to attain targeted economic and financial outcomes.
• Utilize business analytics, such as as-sold versus as-executed/quarterly project reviews/NCR data, to drive continuous improvement and inform the segment team of potential optimization opportunities.
• Work in close collaboration with Project Operations Finance on critical processes such as pacing and forecasting, long-term financial planning, project margin reviews, and accounting.
• Responsible for commercial process governance across global Steam Power Services.
• Support development of the SIC plan and manage process with key stakeholders.
• Lead the pursuit of excellence in controllership (spirit & letter, adherence to GEV policies, regulatory compliance, audit support, transfer of best practices, internal controls, etc.).
• Maintain systems and processes for analyzing and reporting operating results to management, collaborating with IT to drive system automation and optimize processes as needed.

Basic Qualifications:

• If hired in the U.S. - Bachelor's degree in Accounting or Finance from an accredited university or college, or related discipline, and 10+ years of relevant Accounting or Finance experience within the power generation or relevant industry.
• If hired outside of the U.S. - Bachelor's degree in Accounting or Finance from an accredited university or college, or related discipline, and significant years of relevant Accounting or Finance experience within the power generation or relevant industry.
• Strong technical finance acumen, including in-depth knowledge of US GAAP accounting, controllership principles, financial reporting, and analysis.
• Experience in Commercial Finance and Service projects with practical experience in Revenue Recognition Standards.
• Proven ability to lead and influence dispersed teams, providing clear direction, actively communicating and ensuring consistent performance.
• Solid understanding of key operational disciplines, including project management & planning, sourcing, contract management, engineering, construction & commissioning, tax and legal.
• Proven ability to drive change, including tactical planning, change management, coordination across the organization.

Desired Qualifications:

• Strategic thinker with the ability to create and execute concrete action plans.
• Prioritization skills: proven ability to prioritize effectively and drive performance of the organization.
• Ability to clearly communicate financial results and operational issues to various audiences and levels in the organization.
• Resiliency/Adaptability: being open to change in response to new information and in different or unexpected circumstances.
• Integrity: accepting and adhering to high moral, ethical, and personal values in decisions, communications, actions and when dealing with others.

If hired in the U.S. - The salary range for this position is $147,400 to $221,050 USD Annual. The specific salary offered to a candidate may be influenced by a variety of factors including the candidate's experience, their education, and the work location. In addition, this position is eligible for a 15% performance bonus.

*The Company pays a geographic differential of 110%, 120% or 130% of salary in certain areas.

Please Note: If being hired to United States location- GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen.

Healthcare benefits include medical, dental, vision, and prescription drug coverage; access to a Health Coach, a 24/7 nurse-based resource; and access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling and referral services. Retirement benefits include the GE Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity resources and planning consultants. Other benefits include tuition assistance, adoption assistance, paid parental leave, disability insurance, life insurance, and paid time-off for vacation or illness.

General Electric Company, Ropcor, Inc., their successors, and in some cases their affiliates, each sponsor certain employee benefit plans or programs (i.e., is a "Sponsor"). Each Sponsor reserves the right to terminate, amend, suspend, replace, or modify its benefit plans and programs at any time and for any reason, in its sole discretion. No individual has a vested right to any benefit under a Sponsor's welfare benefit plan or program. This document does not create a contract of employment with any individual.

Please Note: If being hired to Canada location, you must have legal authorization to work in Canada and any offer of employment is conditioned upon the successful completion of a background investigation.

In case of comparable skill set and talent Steam Power candidates will be prioritized.

Additional Information

GE Vernova offers a great work environment, professional development, challenging careers, and competitive compensation. GE Vernova is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

GE Vernova will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).

Relocation Assistance Provided: No

#LI-Remote - This is a remote position

Application Deadline: