The Rest of Power Cash Accounting Leader will set and manage the company’s cash governance framework, ensuring effective cash management practices, policy compliance, and operational execution across regions. This role oversees an indirect transactional accounting team and collaborates closely with business finance leaders to enhance cash visibility, improve forecasting accuracy, and optimize end-to-end cash processes. 

What you’ll do  

• Lead the global cash governance framework, establishing and maintaining policies, standards, and controls related to cash management and cash accounting. 

• Review and approve Rest of Power related manual payments and act as gate keeper to guarantee business asset’s efficient usage 

• Oversee (indirectly or through matrix leadership) transactional accounting teams responsible for cash postings, bank reconciliations, and related processes. 

• Take part in Account Reconciliation Quality Review process and/or Cash related Account Rec targeted review upon need 

• Ownership and clear understanding on all Rest of Power Cash balance (composition and movements) on monthly and quarterly basis 

• Partner with business finance leaders, Treasury, and Accounting to improve cash forecasting accuracy and visibility. 

• Identify and drive process improvements, automation initiatives, and best practices across cash processes, including bank reconciliation, cash application, and cash reporting. 

• Monitor compliance with internal policies, external regulations, and audit requirements; work with stakeholders to remediate gaps. 

• Develop dashboards, KPIs, and reporting tools to track cash performance, policy adherence, and process efficiency. 

• Prepare and provide timely and accurate input for dedicated area on BS reviews and FRP reviews 

• Support global cash management initiatives, including optimization of banking structures, standardization of processes, and implementation of new systems or tools. 

• Act as a key liaison for internal and external auditors on all cash-related governance topics. 

• Provide thought leadership and training to regional teams to reinforce strong cash discipline and controls. 

• Champion continuous improvement, ensuring governance aligns with evolving business needs and regulatory environments. 

• Provide insights and recommendations to support strategic planning and decision-making. 

What you’ll bring (Basic Qualifications) 

• Bachelor’s degree in Finance, Accounting (this is a must in Hungary), or related field or equivalent knowledge or experience  

• Significant experience in cash management roles 

• Proven experience in managing cash flows and banking relationships. 

• Experience in working with Managed Service Providers as Cash Accounting sponsor 

• Fluent English knowledge is essential 

What will make you stand out 

• Professional certification (e.g., CPA, CFA) preferred. 

• Rest of Power business understanding/experience is a strong advantage 

• Strong knowledge of cash management principles and practices. 

• Excellent analytical, problem-solving, and decision-making skills. 

• Proficient in cash management software and treasury systems (e.g., Treasury Workstation, SAP,Treasury). 

• Strong leadership and team management abilities. 

• Excellent communication and interpersonal skills. 

Additional Notes: 

• Flexible to office, hybrid or remote work location 

• Successful applicant will be legally eligible to enter into an employment relationship under the laws of Hungary 

Benefits Available to You  

GEV employees rise to the challenge of building a world that works. In order to meet this mission, we provide varied, competitive benefits to help support our workforce.  

• Our compensation & benefits are designed to help you manage your personal and family needs, while rewarding high performers. We offer a robust benefits package depending on your employment status and your national requirements. 

• A healthy, balanced lifestyle can mean different things to different people. We've created programs that support the way you live and work today. 

• GE invests to provide opportunities to grow your career by providing a path for continued on-the-job learning and development. 

Inclusion & Diversity 

At GEV, we believe in the value of your unique identity, background and experiences. We are committed to fostering an inclusive culture, where everyone feels empowered to do their best work because they feel accepted, respected and that they belong.