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Job Description Summary
Responsible for providing accounting support for GEHC pension and defined contribution plans for both US and international plans. Includes regulatory reporting, technical accounting compliance, financial and operational internal controls, systems administration, and process simplifications to deliver accurate financial reporting.
GE HealthCare is a leading global medical technology and digital solutions innovator. Our mission is to improve lives in the moments that matter. Unlock your ambition, turn ideas into world-changing realities, and join an organization where every voice makes a difference, and every difference builds a healthier world.
Job Description
Roles and Responsibilities
Provides accounting support for GEHC’s Principal Pension Plans by preparing journal entries and preparing and reviewing account reconciliations. Also play a role in the accounting process of 50+ Non-US plans
Become Subject Matter Expert (SME) on the GEHC Pension Trust including working with asset custodian and internal resources to record transactions and ensure integrity of the trust.
Coordinate reporting of benefit payment disclosures for 15 plans worldwide in addition to ensuring accuracy of US plan payments with Treasury and Banking teams
Assists in preparing regulatory reporting including employee benefit financial statements and Form 5500s.
Provides support for SEC reporting for Pension processes for 10K/10Q reporting.
Assists in financial reporting by providing variance explanations, cash-flow forecasts, and other analysis and data.
Develops process improvements for monthly/quarterly/yearly activities that will streamline tasks and increase capacity.
Backup System Administrator for GEHC’s system for health & welfare accounting (TORCH) and Pension subledger systems
Project work as GEHC continues improvements to financial processes including ; change in Pension subledger system to new tool, process documentation of new tool and supporting the broader team on company-wide new query tool for ledger details
Qualifications
Bachelor’s degree from an accredited university or college in accounting or finance
Minimum 6 years accounting experience
At least 3 years experience with pension GAAP accounting
Experience managing multiple ERISA audits
Experience with Qualified and Non-Qualified defined benefit plans
Desired Characteristics
Experience with pension trust accounting
Experience with multi-country company and multiple ledger systems
Experience with Oracle ERP systems
Strong financial analysis skills
Strong orientation towards process improvements
Self-starter/team player
Ability to plan, manage, and prioritize multiple tasks and resources with changing priorities.
Proficiency in Microsoft Suite (Excel, PowerPoint and Word)
We expect all employees to live and breathe our behaviors: to act with humility and build trust; lead with transparency; deliver with focus, and drive ownership –always with unyielding integrity.
Our total rewards are designed to unlock your ambition by giving you the boost and flexibility you need to turn your ideas into world-changing realities. Our salary and benefits are everything you’d expect from an organization with global strength and scale, and you’ll be surrounded by career opportunities in a culture that fosters care, collaboration, and support.
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For U.S. based positions only, the pay range for this position is $97,920.00-$146,880.00 Annual. It is not typical for an individual to be hired at or near the top of the pay range and compensation decisions are dependent on the facts and circumstances of each case. The specific compensation offered to a candidate may be influenced by a variety of factors including skills, qualifications, experience and location. In addition, this position may also be eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). GE HealthCare offers a competitive benefits package, including not but limited to medical, dental, vision, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurance, and tuition reimbursement.
Additional Information
GE HealthCare offers a great work environment, professional development, challenging careers, and competitive compensation. GE HealthCare is an Equal Opportunity Employer (https://www.eeoc.gov/sites/default/files/2022-10/22-088_EEOC_KnowYourRights_10_20.pdf) . 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 HealthCare 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).
While GE HealthCare does not currently require U.S. employees to be vaccinated against COVID-19, some GE HealthCare customers have vaccination mandates that may apply to certain GE HealthCare employees.
Relocation Assistance Provided: No