Controller - Corporate Healthcare Accounting

Company: General Electric
Location: Schenectady
Posted on: January 15, 2020

Job Description:

Role Summary:Responsible for leading a team of eight accounting professionals to execute all accounting and controllership responsibilities for the -$2 billion Corporate Healthcare & Benefits supply chain component; driving technical accounting compliance, financial and operational internal controls, process simplification, and operational excellence to deliver accurate financial reporting and analysis.Essential Responsibilities:

• Drive strong performance management in the team through clear expectations, performance development and feedback
• Champion training and induction processes for new team members and role changes; coordinate and implement training to effectively meet team needs
• Develop effective relationships with key stakeholders to ensure understanding of customer needs and drivers
• Manage budget to drive continued cost reductions
• Prepare and submit plan financial statements and IRS Form 5500s in accordance with DOL/ERISA regulations
• Oversight of the GE Insurance Plan Trust accounting and funding processes
• Maintain an accounting and reporting data warehouse, including interfaces with external healthcare suppliers to ensure timely and accurate processing
• Manage relationships with external consultants that conduct annual reviews of the payment and administrative processes of 8-10 external suppliers to ensure compliance with GE standards and benefit designs
• Support the preparation of the annual retiree health & life valuation and related GE Company annual report processes, including generation of source data and analytical reviews of actuarial results
• Lead annual risk management review for Corporate Healthcare
• S-OX compliance owner for Corporate Healthcare processes
• Prepare and review general ledger account reconciliations per Corporate guidelines
• Manage healthcare financial processes during the transition of acquired and divested businesses
• Interface with Corporate Accounting, Corporate Audit Staff, and external auditors on key accounting and controllership initiatives
• Participate on cross-functional project teams, with a focus on simplification and development of processes to support Company initiatives
• Assess, validate, and continually strengthen the effectiveness of internal controlsQualifications/Requirements:
  • Bachelor's degree from an accredited university or college (or a high school diploma/GED or equivalent with at least 8 years of experience in Controllership/Accounting/Finance)
  • Minimum of 5 additional years of experience in Operational Controllership/Accounting/Finance.Desired Characteristics:
    • Strong oral and written communication skills; ability to interface well at all organizational levels
    • Strong interpersonal and leadership skills
    • Demonstrated ability to analyze and resolve problems
    • Demonstrated ability to lead programs / projects
    • Ability to document, plan, market, and execute programs
    • Established project management skills
    • Direct supervisory/people leader responsibility
    • CPA
    • Public accounting experience
    • ERISA/DOL knowledgeAbout Us:GE (NYSE:GE) drives the world forward by tackling its biggest challenges. By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely. GE people are global, diverse and dedicated, operating with the highest integrity and passion to fulfill GEs mission and deliver for our customers. www.ge.com At GE, developing people is embedded in our culture and integralto our growth. Developing people is how we have succeeded across industries and around the world. Its how wevesustained a 130-year record of innovation and reputation for leadership. Its how we solve the toughest challenges forour customers and society. Developing people allows us the build, power, move and cure. It prepares us all for thefuture. Today, that is as important as ever. Globalization and technology are converging with unprecedented speedto reshape every job, workplace and industry. Our commitment to developing people starts with a belief thateducation systems must align early and always with the changing requirements of the new economy. It continueswith the understanding that employers and educational institutions must collaborate over skills development,enabling people to learn new, relevant skills and work smarter over the entire course of a career. And it createsglobal leaders, people who can navigate the complexity of our times with clarity, courage and integrity. Developingpeople is commitment that doesnt just make us better; it makes everyone better. Let GE invest in helping you growboth personally and professionally.GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, gender (including pregnancy), sexual orientation, gender identity or expression, age, disability, veteran status or any other characteristics protected by law.Additional Eligibility Qualifications: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 drug screen (as applicable).Additional Locations:United States;New York;Schenectady;

Keywords: General Electric, Schenectady , Controller - Corporate Healthcare Accounting, Healthcare , Schenectady, New York