Budapest, Budapest, Hungary
8 hours ago
I2R Assistant Controller
Job Description SummaryWhat impact you'll make?

The Assistant Inquiry-to-Receipt Controller will work with a team of Commercial & Technical Controllers on controllership and accounting matters, and will ensure financial oversight, accuracy & compliance with applicable policies. This individual will be a key technical accounting resource to the operations and finance organizations regarding complex financial accounting & reporting matters. This individual will also work closely with the commercial, operations, & finance organizations to analyze commercial arrangements and ensure appropriate application of revenue recognition policies & procedures, in addition to other technical accounting matters. Additionally, this individual will play a key role in monitoring critical accounting processes and executing month and quarter end closing procedures.

Job Description

What you’ll do

Operate as part of the Electrification Commercial & Technical Controllership organization, and support Commercial & Technical Controllership leaders

Perform order booking assessment and documentation to ensure appropriate recognition and reporting of remaining performance obligation (RPO) in accordance with US GAAP and GEV policiesDefine and document revenue recognition method prior to contract execution, and identify accounting triggering events during life of contract to ensure timely and accurate accountingPerform variation orders accounting assessment in accordance with US GAAP and GEV policiesReview project estimates at completion and participate in project margin reviews (PMR) to ensure accurate cost to complete and risk provision estimates including liquidated damagesReview/monitor project contingency provisionsReview contract assets & accounts receivable reserves e.g. CECL/age-based/specificMonitor aged projects balances/ project close-out monitoringReview warranty processes and reserves to ensure appropriate accountingReview projects margin levelizationPrepare B/S account analysis & quarterly balance sheet review materials for Financial Reporting Package (FRP), Data Requests ( DRs) and balance sheet deep dives for owned areasPerform or review account reconciliationsReview Inventory estimates and overhead cost per hour (OCPH) e.g. inventory in transit, ICP eliminations, point-in-time lag tables

What you’ll bring (Basic Qualifications)

Bachelor’s degree in finance/accounting from an accredited college or university

Siginificant experience in a controllership roleFluent English knowledge is a mustProven acumen in timely identifying accounting risk and driving resolutionProven skills in business partnering and driving accounting compliance with key stakeholders e.g. CFO/I2R teamsProficient use of Microsoft Office (eg. Excel, Word, PowerPoint).

What will make you stand out

Knowledge of US GAAP or GEV accounting policies and proceduresKnowledge of the Electrification business (including products, business processes, and systems)Hungarian language knowledge is a plusHighly analytical with well-developed risk identification and problem-solving skillsStrong interpersonal and leadership skillsStrong oral and written communication skillsDemonstrated ability to collaborate across all finance structures (shared services, local team, outsourced service providers), but also firm in driving controllership & compliance with stakeholdersResilient and quickly adapts to change

Additional Notes:

Successful applicant will be legally eligible to enter into an employment relationship under the laws of HungaryThis is a hybrid role with three days remote and two days in the office.

Additional Information

Relocation Assistance Provided: No

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