Job Information
GE Vernova Early Career Traineeship - Finance in Dammam, Saudi Arabia
Job Description Summary
GE 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 reviews
Perform Margin Review calculations to enable Finance to work with Project Managers to optimize the performance of the contracts
Execute 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 community
Support operations by approving credit notes, recording bad debt and bonus/liquidated damages
Monitor intercompany transactions related to projects & partner with central Internal Billing System (IBS) team to problem solve rejects & holds
Actively 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 equivalent
Analytical & strong communication skills
Self-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 period
Fluency in English
Above average GPA / academic grades preferred but not essential
What will make you stand out;
Demonstrated EHS and Quality focus.
Demonstrated leadership potential
Record of achievement with a passion to achieve positive business results
Curiosity and desire to learn and expand skill set
Adaptable and open to change
Additional Information
Relocation Assistance Provided: No
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.
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