Health & Welfare Accountant

GE Vernova
US - Georgia - Atlanta
November 11, 2024
Accounting

Summary
The Health & Welfare Accountant is a newly created role for GE Vernova. This position will be responsible for key accounting and reporting processes associated with GE Vernova Health and Welfare Plans (Medical, Pharmacy, Life, and more), focused on US Based Employees & Retirees.
The role will require partnering with Total Rewards, Legal, People Ops, HR, and Treasury to agree on the GE Vernova strategy, then execution culminating in an efficient and effective process.

Essential Responsibilities

The US Health and Welfare Accountant will be responsible for the following:

Accounting lead for Retiree Health & Life (RH&L) valuation

Monthly JE's & FAS 158 workpaper

Hyperion updates

Census file review/reconciliation

10-K/10-Q tie-out

Lead contact for Deloitte review

MARVAL

Prepare quarterly EBNI calculations

Assist with preparing monthly ledger over/under analysis

CAVOL process owner including annual filings

Owner of monthly contributions process

Owner of pay-all life insurance plans

Prepare quarterly PCORI accrual & billing

Union negotiations - support pricing analysis & cost model

Account rec / JE/ wire prep & review

Qualifications/Requirements

Bachelor's Degree, preferably in Accounting/Finance. CPA preferred, not required.

Knowledge of US ERISA law and other DOL regulatory requirements; experience managing and accounting for US-based health and welfare programs

8+ years of experience in accounting or finance

Experience with financial systems/applications (i.e.: Oracle, Hyperion, TORCH), strong Excel skills.

Clear thinking / strong problem solving able to work independently; manage multiple tasks.

Strong communication skills: experience working across multiple levels, functions, and regions

Integrity: Adherence to high moral and ethical values in decisions, communications, and actions

You must be willing to submit to a background investigation, including for example, verification of past employment, criminal history, and educational background.

You must be legally authorized to work in the United States.

Desired Characteristics

Confidence / Assertiveness: strong influencing skills across business functions.

Experience working in global business environment with sound understanding of global process and transactional flows

Demonstrated ability to succeed in a matrix environment

Adaptable/flexible: being open to change in response to latest information, different or unexpected circumstances, and/or to work in ambiguous situations

Strong project management skills and ability to manage multiple priorities

Strategic mindset and strong analytic skills - must be able to analyze information, identify implications, and recommend solutions

The base pay range for this position is $95,300 - $158,800. The specific pay offered may be influenced by a variety of factors, including the candidate's experience, education, and skill set. This position is also eligible for 10% performance bonus. This posting is expected to close on 13th November.

Healthcare benefits include medical, dental, vision, and prescription drug coverage; access to a Health Coach, a 24/7 nurse-based resource; and access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling and referral services. Retirement benefits include the GE Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity resources and planning consultants. Other benefits include tuition assistance, adoption assistance, paid parental leave, disability insurance, life insurance, and paid time-off for vacation or illness.

General Electric Company, Ropcor, Inc., their successors, and in some cases their affiliates, each sponsor certain employee benefit plans or programs (i.e., is a "Sponsor"). Each Sponsor reserves the right to terminate, amend, suspend, replace, or modify its benefit plans and programs at any time and for any reason, in its sole discretion. No individual has a vested right to any benefit under a Sponsor's welfare benefit plan or program. This document does not create a contract of employment with any individual.

Additional Information

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, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

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).

Relocation Assistance Provided: No
• LI-Remote - This is a remote position

Read the full job description and apply online on the recuiter's web-site

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