Early Career Trainee- Finance

GE Vernova; Riyadh; On-site; SAR 48,000 - 120,000; Full time

Job summary

A leading energy company in Riyadh is offering an internship in finance. This 6-month program provides hands-on experience in project finance, where interns will collaborate closely with professionals and be trained in various financial processes. Candidates should have a Bachelor's degree in finance or a related field, strong analytical skills, and proficiency in Microsoft Office. This role requires self-motivation and a willingness to work full-time. Fluency in English is essential, and relocation assistance is not provided.

Qualifications

• A Bachelor's degree in finance, accounting, or business administration is required.
• The candidate should exhibit strong analytical and communication skills.
• A self-driven attitude with attention to detail is essential.

Responsibilities

• Work on financial issues post-tender phase until project completion.
• Monitor costs and ensure compliance with contract terms.
• Participate in contract reviews and project setup.

Skills

Analytical skills

Strong communication skills

Attention to detail

Self-driven

Curiosity and desire to learn

Education

Bachelor's in finance, Accounting or Business Administration

Tools

Microsoft Office suite (Excel, PowerPoint)

Job description

Job Description Summary

GE Vernova is leading a new era of energy by helping to accelerate the path to more reliable, affordable and sustainable energy. This internship with GE Vernova Grid team will offer a unique opportunity to gain hands‑on experience through challenging projects, learn from some of the brightest and most innovative minds in the business and network with a variety of professionals.

Job Description

The Early Career Training is a 6‑month program extendable to one year, and it is an investment in young talents where GE Vernova trains fresh graduates who meet the required criteria to perform their traineeship in a GE Vernova business. The traineeship duration varies upon business requirement and will develop the general skills of the trainee and provide on‑the‑job knowledge and technical experience. Positions requiring understanding of a concepts, methods and procedures.

What you’ll do:

Project Finance Execution and Excellence

• To work with PFCs and PMs on all financial issues on the project after tender (ITO) phase, i.e. from contract award to TOC or contract close.
• To work with PFCs, PCCs & other stakeholders of the project to review, monitor and control the costs to achieve a good level of finance performance.
• Review, track and ensure the timely & US GAAP compliant revenue recognition supported by proper documentation.
• Work with PFCs to ensure full compliance with contract T&C including billing and collection (LC, payment against documents).
• Work on the margin review calculations to enable OTR finance to work with Project Managers to optimize the performance of the contracts.
• Execute project accounting within ERPs per the global standards set by the business.

Operations Excellence

• Maintain strong connection with all functions of operations to understand the dynamics of our projects and translate into financial output, and communicate to Operations team and broader finance community.
• Support operations to analyze and present the data related to outstanding bonds and its retrieval and reduction from the customers.
• To work with operations for the pacing of sales, margin, billing and cash of the project under the supervision of Lead PFCs.
• Actively participate in contract handover reviews from Inquiry to Order (ITO), to Order to Remittance (OTR) i.e., T&C clarifications, project setup, payment security, hedging evaluation, etc. in collaboration with Lead PFC of the project.

What you’ll bring:

• Bachelor's in finance, Accounting or Business Administration.
• Analytical & strong communication skills.
• Self‑driven, attentive to details, outcome oriented, good working attitude.
• Basic knowledge of Microsoft Office suite (Excel, PowerPoint).
• Willingness and ability to work full‑time for 6 months period.
• Fluency in English.

What will make you stand out:

• Above average GPA / academic grades preferred.
• Demonstrated EHS and Quality focus.
• Demonstrated leadership potential.
• Record of achievement with a passion to achieve positive business results.
• Curiosity and desire to learn and expand skill set.
• Adaptable and open to change.

Additional Information

Relocation Assistance Provided: No