Lead Financial Reporting Analyst - Houston, TX at Baker Hughes

Houston, Texas, United States

Baker Hughes Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Energy, Oil & GasIndustries

Requirements

  • Bachelor's degree from an accredited university or college
  • Experience in Financial Reporting
  • Excellent communications and leadership skills
  • Ability to analyze and resolve problems
  • Ability to lead programs/projects
  • Ability to document, plan, market, and execute programs
  • Established project management skills

Responsibilities

  • Accounting of cross-segment transactions via cross business schedule (CBS) involving equity and cost method investments, capital infusions, dividends distributions, acquisitions/dispositions, and maintaining relevant governing policies
  • Leading quarterly and year-end analysis necessary for Baker Hughes consolidated financial statement and reporting requirements
  • Managing consolidated investment database ensuring accuracy and understanding of QoQ & vOB balance drivers, and summarizing into quarterly senior leadership presentation packs
  • Coordinating with segment controllership teams to obtain information relevant for the financial close and related analysis
  • Working closely with the Corporate Cashflow Statement Leader to prepare the cash flow statement, adjustments, and analysis assuring accuracy, integrity, and alignment to relevant GAAP literature
  • Partnering cross-functionally with FP&A, Treasury, Tax, and other functions to support the Corporate Financial Reporting team
  • Other duties as assigned

Skills

Key technologies and capabilities for this role

Financial ReportingGAAPCash Flow StatementEquity InvestmentsCost Method AccountingConsolidated Financial StatementsProject ManagementFinancial AnalysisAcquisitions AccountingDispositions Accounting

Questions & Answers

Common questions about this position

What benefits are offered for this role?

Benefits include contemporary work-life balance policies and wellbeing activities, comprehensive private medical care options, life insurance and disability programs, tailored financial programs, education assistance, generous parental leave, mental health resources, virtual therapy programs, dependent and partners care, pet insurance, and additional elected or voluntary benefits.

What is the work schedule or flexible working patterns for this position?

The role offers a day shift from 8AM to 5PM as a flexible working pattern.

What qualifications and skills are required for the Lead Financial Reporting Analyst role?

Candidates need a Bachelor's degree from an accredited university or college, experience in Financial Reporting, excellent communications and leadership skills, ability to analyze and resolve problems, ability to lead programs/projects, and established project management skills.

What is the company culture like at Baker Hughes?

The company places people at the heart of what they do, focusing on development, engagement, allowing authentic selves at work, investing in health and well-being, training and rewarding talent, and developing leaders at all levels.

What makes a strong candidate for this Lead Financial Reporting Analyst position?

A strong candidate will have a Bachelor's degree, financial reporting experience, excellent communication and leadership skills, proven problem-solving abilities, and strong project management skills to lead programs and handle complex financial analysis.

Baker Hughes

Energy technology solutions for oil and gas

About Baker Hughes

Baker Hughes provides a wide range of services and products aimed at improving the performance and sustainability of businesses in the oil and gas industry. Their offerings include advanced technology solutions, consultancy services, and training programs that help clients optimize operations, enhance safety, and minimize environmental impact. The company focuses on machine asset management and health monitoring solutions, and their training services combine e-learning with classroom instruction to boost workforce competency. Unlike many competitors, Baker Hughes integrates sustainability into its core business model, emphasizing environmental, social, and governance principles. Their goal is to lead the transition to cleaner energy by reducing their carbon footprint and promoting diversity and inclusion within their workforce.

Houston, TexasHeadquarters
1972Year Founded
IPOCompany Stage
Consulting, EnergyIndustries

Risks

Increased competition in decarbonization technology could impact market share.
Geopolitical risks may affect operations in Namibia and Abu Dhabi.
New product launches may face challenges in market adoption due to competition.

Differentiation

Baker Hughes offers advanced technology solutions for optimizing oil and gas operations.
Their sustainability strategy integrates ESG principles, enhancing their market appeal.
The company provides a unique blend of e-learning and classroom training services.

Upsides

Collaboration with UC Berkeley could lead to innovative decarbonization solutions.
Expansion in Namibia and Abu Dhabi strengthens their global market presence.
Recent investments indicate strong investor confidence in Baker Hughes' growth.

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