Company: Baker Hughes
Skills: Accounting
Education: Masters Degree
Employment Type: Full Time Salaried Employee
Location: BRISTOL, United Kingdom

In order to apply for this position, applicants MUST meet the following criteria. If your resume does not match these criteria, you will not be able to apply for this position.

About Us:

Baker Hughes, a GE company (NYSE:BHGE) is the world's first and only fullstream provider of integrated oilfield products, services and digital solutions. Drawing on a storied heritage of invention, BHGE harnesses the passion and experience of its people to enhance productivity across the oil and gas value chain.

BHGE helps its customers acquire, transport and refine hydrocarbons more efficiently, productively and safely, with a smaller environmental footprint and at lower cost per barrel. Backed by the digital industrial strength of GE, the company leverages minds, machines and the cloud to break down silos and reduce waste and risk, applying breakthroughs from other industries to advance its own.

With operations in over 120 countries, the company's global scale, local know-how and commitment to service infuse over a century of experience with the spirit of a startup - inventing smarter ways to bring energy to the world.

Follow Baker Hughes, a GE company on Twitter @BHGECo, or visit us at

Role Summary:

The SPS Project Finance Manager will manage large complex multi-currency EPC contracts with a value of $200 million to $500 million for the SPS business, and support ongoing reviews with Finance and Operational leaders within the business. In addition, the Project Finance Manager will drive process simplification in cost control and provide Finance expertise to support key business strategic goals including margin expansion and cost-out initiatives.

Essential Responsibilities:

Project budgeting, margin reviews:

•Engage with Project Directors, Operations and Cost Controller to develop the Project Margin Review model on a quarterly basis

•Drive margin expansion and monitor project costs on a continuous basis by working with the product line cost controllers

•Lead internal commercial & strategy discussions to seek opportunities for margin accretion

•Own communication of key project metrics and lead development of enhanced analytics to support SPS goals and objectives.

Quarterly closing and reporting activities:

•Lead quarterly closing activities for portfolio of projects across the various legal entities (SOP81-1 accounting)

•Provide timely inputs during the closing process to the G-16 Treasury teams, SPS FP&A and Controllership teams

•Perform ongoing ad hoc reporting based on SPS internal business needs

•Lead automation of PMR processes to drive simplification and productivity

•Support account reconciliation activities on the relevant SPS accounts Special projects

•Develop foreign currency strategy to minimize risk & maximise margin & cash

•Align with Treasury, Controllership, Tax and Regional finance teams to repatriate cash from Fx sensitive countries


•Bachelor or Master's Degree in Accounting, Finance, Economics, or Business Administration

•Experience in managing large and complex EPC projects and SOP 81-1 accounting

•Execution Oriented: Confidence to challenge operations teams on budgets; work closely with business leaders to achieve business objectives while driving controllership/GE values

•Problem solving, imaginations and abstract thinking

•Excellent communication skills; experience working across multiple levels of operations, functions and regions; able to clearly communicate complex financial information in an easy to understand manager; able to deliver message effectively, verbally and in writing

•Fluency in English

•Experience working in a global business environment with sound understanding of global process, foreign exchange and transactional flaws

•Experience of complex international legal entity structures and restructuring of entities

•Adaptable/flexible; being open to change in response to new information, different or unexpected circumstances, and/or to work in ambiguous situations

•IT literacy: Ability to leverage tools and build on IT vision to support simplification, efficiency and quality output

•Strong verbal and written communication skills.

Desired Characteristics:

•Ability to thrive in an ambiguous environment and embrace change.

•PC proficiency, MS PowerPoint, MS Excel, Oracle, SAP and other financial systems.

•Strong interpersonal, process management and leadership skills.

•Excellent analytical and accounting skills - able to analyse information and identify implications.

•Ability to work with teams across functions and around the globe.

•Extensive knowledge of GE business operations.


Bristol - Aztec West, UK

Salary: Competitive

Job posting closes on 28th August 2019

Applications from job seekers who require sponsorship to work in the UK are welcome and will be considered alongside all other applications. However, non-EU/EEA candidates may not be appointed to a post if a suitably qualified, experienced and skilled EU/EEA candidate is available to take up the post, as the employing body is unlikely, in these circumstances, to satisfy the Resident Labour Market Test. For further information please visit the UK Border Agency website

This is your opportunity to learn more, do more, live the career you have imagined and be part of a truly diverse organization

Baker Hughes, a GE company is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law. Learn more