Exciting Job Opportunity at GE Digital for Finance Specialist Role. Commerce Graduate/ BCOM/ MCOM candidates can apply for the post.
Table of Contents
The complete details of this jobs are as follows :
- Company – GE Digital
- Role – Finance Specialist
- Qualification – Commerce Graduate/ BCOM/ MCOM
- Experience – 2-4 Years
- Location – Bangalore/ Hyderabad
- Salary – 4 LPA – 8 LPA
ABOUT COMPANY
GE Digital is a subsidiary of General Electric (GE) that focuses on digital transformation and providing industrial software solutions. It was established in 2015 with the goal of leveraging digital technologies to enhance productivity, efficiency, and operational performance in various industries.
GE Digital offers a range of software and analytics solutions designed to optimize industrial operations, asset management, and workforce efficiency. Its portfolio includes software platforms, such as Predix, which is an industrial Internet of Things (IoT) platform that enables the collection and analysis of data from connected devices and machines.
The company’s software solutions are aimed at sectors such as manufacturing, energy, utilities, transportation, and healthcare. By leveraging data analytics, machine learning, and artificial intelligence (AI), GE Digital helps organizations make data-driven decisions, predict equipment failures, optimize maintenance schedules, and improve overall operational efficiency.
One key area of focus for GE Digital is the Industrial Internet of Things (IIoT), which involves connecting industrial assets and systems to collect and analyze data for improved performance and decision-making. GE Digital’s solutions enable businesses to monitor and control their assets remotely, detect anomalies, and take proactive measures to prevent downtime or optimize processes.
In addition to software solutions, GE Digital provides consulting and professional services to assist organizations in their digital transformation journeys. These services include implementation, integration, and customization of software solutions, as well as training and support to help clients maximize the value of their digital investments.
Over the years, GE Digital has established partnerships and collaborations with other technology companies, software developers, and industrial organizations to expand its capabilities and offerings. This includes collaborations in areas such as cybersecurity, advanced analytics, and digital twin technology.
It’s worth noting that in recent years, GE has undergone strategic transformations, including changes to its digital business. As of my knowledge cutoff in September 2021, GE announced plans to sell a majority stake in GE Digital, but it continues to operate as a significant player in the digital industrial space.
Overall, GE Digital is focused on leveraging digital technologies to drive digital transformation and improve industrial operations. Its software solutions, analytics capabilities, and consulting services aim to help organizations unlock the potential of data and digital technologies to drive efficiency, productivity, and competitiveness in various industries.
What You Will Be Doing As An Finance Specialist
- Responsible for general accounting and policy application for all cycles including Cash, Fixed assets, accruals, other liabilities, other assets.
- Responsible for GL accounting for the GE Digital.
- Work closely with FP&A, Commercial Finance team and the Revenue controller to manage day to day accounting and any organizational improvement projects.
- Prepare and review account reconciliations; maintain accounting rigor.
- Prepare and review journal entries ensuring compliance with accounting principles.
- Drive the timely preparation of assigned journal entries driving increased efficiency.
- Prepare periodic balance sheet analysis.
- Engage with auditors in regard to audit requests, control processes and account reconciliations.
- Prepare analysis and explanations behind variations and their drivers.
- Responsible for verify, analyze, investigate and resolve accounting discrepancies and deficiencies.
- Bank accounts management.
- Ensure the accounting accuracy of systems and cost data.
- Supporting in special projects, driving analytics.
- Drive process improvements / transactional quality.
- A job at this level requires good interpersonal skills.
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Skills Required For An Finance Specialist
- Financial Analysis: Strong financial analysis skills are crucial for a Finance Specialist. You should be able to interpret financial data, analyze trends, and draw meaningful insights to support decision-making and provide recommendations.
- Accounting Knowledge: A solid understanding of accounting principles, financial statements, and financial reporting is essential. This includes knowledge of concepts like accruals, depreciation, revenue recognition, and budgeting.
- Financial Planning and Forecasting: Proficiency in financial planning and forecasting is necessary to assist in budgeting, financial modeling, and long-term strategic planning. This involves understanding key financial metrics, conducting scenario analysis, and preparing accurate financial projections.
- Financial Systems and Software: Familiarity with financial software systems, such as Enterprise Resource Planning (ERP) systems, accounting software, and spreadsheet tools (e.g., Microsoft Excel), is important. You should be comfortable working with financial data, manipulating spreadsheets, and utilizing software for financial analysis and reporting.
- Risk Management: Understanding and identifying financial risks is essential. This includes knowledge of risk assessment, mitigation strategies, and compliance with regulatory requirements. A Finance Specialist should be able to analyze risks, propose controls, and contribute to risk management initiatives.
- Data Analysis and Interpretation: Strong analytical skills and the ability to work with large sets of financial data are crucial. You should be able to analyze data, identify patterns and trends, and extract meaningful insights to support financial decision-making.
- Attention to Detail: Paying close attention to detail is essential in financial roles. Accuracy in data entry, financial calculations, and financial reporting is critical to maintain data integrity and ensure compliance with accounting standards.
- Communication Skills: Effective communication skills, both written and verbal, are important for collaborating with team members, presenting financial information to stakeholders, and providing clear and concise explanations of financial concepts to non-financial individuals.
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HOW TO APPLY FOR GE Digital 2023 ?
To apply for the GE Digital 2023 Off Campus Drive – interested candidates must follow the procedure outlined below:
- Click on the “Apply here” button provided below. You will be redirected to GE Digital company official career page.
- Click on “Apply Online”.
- If you have not registered before, create an account.
- After registration, login and fill in the application form with all the necessary details.
- Submit all relevant documents, if requested (e.g. resume, mark sheet, ID proof).
- Provide accurate information in your application.
- Verify that all the details entered are correct.
- Submit the application process after verification.
INTERESTED CANDIDATES CAN APPLY THROUGH THE BELOW LINK
Finance Specialist Role – Bangalore , Hyderabad
GE Digital – Frequently Asked Question ?
What is the GE Digital selection process?
The selection process will be based on a Written test followed by Technical and HR interviews.
What is the average salary for the post?
The average salary is 4 LPA – 8 LPA for the this role.
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DISCLAIMER:
The Recruitment Information Provided above is for Informational Purposes only . The above Recruitment Information has been taken from the official site of the Organization. We do not provide any Recruitment guarantee. Recruitment is to be done as per the official recruitment process of the company. We don’t charge any fee for providing this job Information.