GE Power is a world leader in power generation with deep domain expertise that helps customers deliver electricity from a wide spectrum of fuel sources. We are transforming the electricity industry with the digital power plant, the world’s largest & most efficient gas turbine, full balance of plant solutions and our data-leveraging software. Our innovative technologies and digital offerings help make power and water more affordable, reliable, accessible and sustainable.
Job Description Summary
Risk Modeling Intern will be reviewing, updating and analyzing complex financial & operational models of long-term performance management contracts for Aero derivative gas turbine technologies. The individual will be using a proprietary modeling tool and following strict policies and guidelines, while ensuring the accuracy of the financial model, process rigor and compliance as well as identifying potential contract risks, including commercial, technical & operational risks, as well as opportunities for productivity.
Main tasks include:
- Partner with Operations & Finance teams to perform annual review of the financial performance vs. budget and update projections for each contract.
- Understand contractual terms & conditions; identify potential risks & opportunities
- Understand gas turbine technology operating & maintenance considerations.
- Understand Multi Year agreements policies, modeling procedures & business forecasting standards.
- Provide detailed scenario & variance analysis; identify & recommend ways to maximize contractual profitability.
- Provide training and analytical support to the Operations team in ongoing contract execution to maximize contract profitability based on unit operational profile, contractual requirements, technology state of the art and financial / accounting rules within GE Gas Power.
Qualifications/Requirements
- Currently pursuing degree in Engineering, Finance or Business Administration
- Strong knowledge in Microsoft office skills (MS Excel, Word, PowerPoint).
- Strong analytical and problem-solving skills combined with great communication ability.
- Results oriented and deadline driven personality
- Fluent in English
Desired Characteristics
- Affinity to think strategically, able to present complex problems in a simple way
- Soft/influencing skills, team work, communication
- Process analysis/design, problem solving, pro-activeness, curious
- Able to work independently, curious, challenge-driven, asks questions
Related Job Searches:
- Company:
GE Repair Solutions Singapore Pte. Ltd. - Designation:
Risk Modeling Intern - Profession:
Engineering - Industry:
Energy and Chemicals - Location:
Queenstown