1. Imagination at work
GE Capital Treasury
CDP Internship Overview
Brady Boyer
GE Proprietary Information—Class III (Confidential)
Export Controlled—U.S. Government approval is required
prior to export from the U.S., re-export from a third
country, or release to a foreign national wherever located.

2. 2
8/3/2015
Brady Boyer
Background
CDP Intern – Treasury
eFinance Team
Manager: Lou
Rodrigues
June 1 – August 7,
2015
WhatI’vedoneatGE
InternshipProjects
Education
• Penn State University
• MAcc Program (Accounting and Finance)
Personal
• Hometown: York, Pennsylvania
• Have a younger brother in the Navy
• Living in 101 Park Place this Summer
Hobbies & extra-curricular
• I enjoy playing sports; played Soccer an Volleyball in H
• Favorite sports teams: Penn State, Steelers, Heat, Fly
• Watching TV and movies
Summer activities
• Played on a GE Capital summer league soccer team
• Volunteered at Treasury Patio Picnic, Health Ahead Day
• 2nd Place in Treasury Volleyball Tournament (at Picnic)
• Attended the Treasury Beach day
• Bowling and mini-golfing with the CDP’s
• Went to the Belmont Stakes with fellow Interns
• Went to a Yankees game with CDP’s
• Volunteered at habitat for humanity, and soup kitchen
• Studied for the business section of my CPA exam
• 1st Place in Volleyball Tournament (Health Ahead day)
 eFinance reporting
Completed
 Activity monitoring
In progress
 Limit booking errors
Not started

3. 3
8/3/2015
eFinance and reporting simplification
Project Overview:
• Look for ways to simplify the statutory
reporting process and time by reducing
unused ledgers
Key Steps:
• Identified statutory ledgers
• Found the domicile country for each BLE
and compare to the statutory ledger
• If country of domicile matches one of the
statuary ledgers then the ledger is needed for
that BLE and reporting process is unchanged
• If the country of domicile doesn’t match one of
the statuary ledgers, then we perform
additional analysis (see next slide)
Business impact:
• By reducing the number of statutory ledgers
we can simplify ledger structure, reducing
potential number of manual journal entries,
and reduce reconciling efforts
Project Overview:
• Build processes to monitor both Treasury
activity being recorded to LE 001 and total
GECC balances
Key Steps:
• Used Discoverer to build reports for each of
the GE Capital business units
• Tied each of the business units back to ACE
(consolidated ledger) to ensure accuracy of
reports
• Create a monitoring process
• Use the created process to monitor
transactions booked as a result of Project
Hubble
Business impact:
• Ensure that transactions booked as a result of
Project Hubble occur accurately, and to the
proper accounts.
Project #1: eFinance reporting Project #2: Activity monitoring
0%
20%
40%
60%
80%
100%
Percent complete
25
15
10
0
5
10
15
20
25
Capital statutory ledgers

4. 4
8/3/2015
Decision process for removal of
statutory ledger
Look to see where
balances are located
Yes No
Are entered balances
on P/L activity?
Are entered balances
on balance sheet
activity and retained
earnings.
Can be removed.
Follow up with
controllers to confirm
ledger is not needed.
Ledger can be
removed.
Are their current
entered balances?
If multiple ledgers
contain balances.
If only Statutory ledger
contain balances.
Ledger can be
removed.

5. 5
8/3/2015
eFinance and reporting simplification
Project Overview:
• Look for ways to simplify the statutory
reporting process and time by reducing
unused ledgers
Key Steps:
• Identified statutory ledgers
• Found the domicile country for each BLE
and compare to the statutory ledger
• If country of domicile matches one of the
statuary ledgers then the ledger is needed for
that BLE and reporting process is unchanged
• If the country of domicile doesn’t match one of
the statuary ledgers, then we perform
additional analysis (see next slide)
Business impact:
• By reducing the number of statutory ledgers
we can simplify ledger structure, reducing
potential number of manual journal entries,
and reduce reconciling efforts
Project Overview:
• Build processes to monitor both Treasury
activity being recorded to LE 001 and total
GECC balances
Key Steps:
• Used Discoverer to build reports for each of
the GE Capital business units
• Tied each of the business units back to ACE
(consolidated ledger) to ensure accuracy of
reports
• Create a monitoring process
• Use the created process to monitor
transactions booked as a result of Project
Hubble
Business impact:
• Ensure that transactions booked as a result of
Project Hubble occur accurately, and to the
proper accounts.
Project #1: eFinance reporting Project #2: Activity monitoring
0%
20%
40%
60%
80%
100%
Percent complete
25
15
10
0
5
10
15
20
25
Capital statutory ledgers

6. 6
8/3/2015
Process of creating discoverer
reportsAdd desired items to the report Create conditions to present only desired data
Full list of conditions Ensure consistency among all reports

7. 7
8/3/2015
What I’ve learned this summer
• Different types of ledgers (local, reporting, statutory)
• Complexities around financial reporting in a
multinational corporation
• Mass amount of data GE is required to store