Posted Position Title Senior Financial Analyst Oil & Gas - Edmonton, AB

Job Number	1877052
Business	GE Oil & Gas
Business Segment	Oil & Gas
About Us	GE Oil & Gas is a world leader in advanced technologies and services with 35,000 employees in more than 100 countries supporting customers across the industry—from extraction to transportation to end use. Making the environment, health and safety, quality and integrity our highest priorities is The Way We Work. Our technologies and services include: surface and subsea drilling and production, monitoring and diagnostics, measurement and controls, large-scale LNG, pipeline compression and inspection, well site and industrial power generation, technologies for the refining and petrochemical industries, and modular CNG and LNG units for transportation sectors. Through our customized service solutions, training programs and technologies, GE Oil & Gas partners with customers to maximize their efficiency, productivity and equipment reliability; develop their next generation workforce; and fully benefit from the megatrends of natural gas, the growth of subsea and hard-to-reach reserves and the revolution in asset health management.
Career Level	Experienced
Function	Finance
Function Segment	Financial Planning and Analysis
Location(s) Where Opening Is Available	Canada
U.S. State, China or Canada Provinces	Alberta
City	Edmonton
Postal Code	T6E 5S7
Relocation Expenses	No
Role Summary/Purpose	Senior Financial Analyst will report to Finance Manager and will drive detailed analysis, particpate and lead planning cycles, measure results and promote accountability against objectives as well as enable financial decision support on special projects and initiatives. The role will support business managers and their operating teams engaged in a complex Oil & Gas manufacturing operation located in Edmonton.
Essential Responsibilities	1. Financial Planning & Analysis: * Drive planning cycles with Finance Manager including developing estimates and operating plans & reviews for Growth Playbook, SII & Operating Plan * Partner with O&G Operations Leaders engaged in manufacturing and service operations * Support monthly closing and the ongoing estimate process, such as weekly pacing, and develop continuous variance analysis on key business metrics to understand trends, risks, opportunities and variances to targets * Support business operating rhythm including performance metrics and financial and non-financial reports in order to support Business decisions and to evaluate business results * Work together with Comm Ops and Inquiry-to-Order (ITO) team to develop profitability reports for key deals/customers * Understand key processes and transactions and ensure they are being booked in the proper Accounts and Cost Centers * Own and disseminate knowledge around relevant Systems 2. Supply Chain Finance & Inventory Costing: * Responsible for overall accuracy of inventory balances and for ensuring all inventory related methodologies & processes are adhered to within O&G Canada P&Ls * Ensure appropriate cost methodologies are used for various types of inventory (standard, average actual, average specific) * Performing inventory costing duties across manufacturing and operations functions * Perform standard cost rolls and review and resolve inter-site variances, purchase price, efficiency, etc. * Review WIP open jobs analysis and drive closure * Develop budgets for material, labor overhead liquidation and monitor hours into inventory * Perform cost of goods sold calculation and margin analysis * Perform analysis of obsolete & slow-moving inventories, partnering with Operations to minimize inventory write-offs * Prepare analysis of aging of work-in-progress inventory * Work with Finance Manager and Controllership Team to implement cycle count processes to ensure accuracy of inventory quantities on hand * Perform analysis and develop bottoms-up estimates for operating plans, forecasts, reviews, etc. 3. Other: * Support balance sheet analysis for key accounts and ensure appropriate backup is maintained for account reconciliation purposes * Ensure adherence to financial policies and procedures with respect to financial reporting, consolidation and consistency across GE Oil & Gas * Coordinate audits and reviews with Corporate Audit Staff and external auditors * Perform internal audits and ensure controllership and consistency of accounting process across the operations, drive controllership awareness and processes through operations teams and ensure financial compliance * Develop and implement simplification efforts of key operating processes
Qualifications/Requirements	* Bachelor’s Degree in Accounting, Finance, Economics, or Business Administration * Minimum of 7 years of financial work experience being at least 2 years of experience in inventory costing in a manufacturing operations * Subject matter expertise in inventory costing * Demonstrate ability to work independently and collaboratively within a team environment * Excellent verbal and written communication skills and the ability to communicate complex business issues in a clear/concise manner, including communications at the executive level * Strong interpersonal skills with the ability to influence others and drive change while working across all levels, functions, and regions * Strong critical thinking skills and ability to add value to operating teams * Strong analytical skills with ability to clearly link financial results to operational performance drivers, generate alternatives and drive positive change * Adaptable/flexible with ability to be open to change in response to new information, different or unexpected circumstances, and/or to work in ambiguous situations * Unyielding integrity demonstrated by accepting and adhering to high moral, ethical, and personal values in decisions, communications, actions and when dealing with others * Demonstrate confidence/assertiveness with strong influencing skills across business functions * Solid PC skills including experience with financial systems/applications, strong Excel skills in data compilation and aggregation (i.e. pivot tables, V-Lookup and macros) * Clear thinking/ problem solving: successfully led cross-functional projects/process improvement within operations/finance function involving process improvement; able to quickly understand new concepts * Proactive attitude to simplify processes and tools/ Capacity to adapt to a changing environment * Ability to manage simultaneously multiple tasks, promote team work, accountability and speed
Desired Characteristics	* Graduate of GE's Financial Management Program (FMP), or graduate of other GE financial leadership programs * Professional accountant designation (CA, CMA or CGA) * Trained and/or certified in process improvement methodology such as LEAN or Six Sigma * Experience working in a matrix environment * Strong knowledge of Oil & Gas financial and commercial operating systems