South Commercial Finance Leader at GE MOTORS

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Apr, 26

Salary

231000.0

Posted On

04 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Analysis, Modeling Skills, Accounting Principles, Strategic Thinking, Leadership Qualities, Interpersonal Skills, Matrix Environment Experience, Adaptability, Cash Flow Management, Cost Management, Revenue Recognition, Deal Pricing, Margin Improvement, Financial Advisory, Risk Evaluation, Investment Management

Industry

Industrial Machinery Manufacturing

Description

Job Description Summary The South Commercial Finance Leader has responsibility for commercial finance activities across the full portfolio of Imaging, PCS, and AVS equipment and services for the region ($2.5B topline). Commercial finance activities includes: supporting orders and sales growth, meeting cost targets, support pricing and strategic deal reviews, support cash / past-due/dispute resolution, review and approve/decline concessions, change orders (including returns), and warranty requests, calculate and properly account for key commercial commitments (rebates, tech non-obso, other). The South Commercial Finance Leader will support and provide financial advisory to the South Region President. 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 Provide financial leadership to establish and accomplish Regional financial goals and objectives: orders and sales growth, pricing, cost targets. Partner with commercial and service organization to drive growth objectives and execution strategy to meet financial goals. Establish and implement financial corrective actions. Provide financial analysis and insight in support of business decision making needs, including evaluation of major risks and opportunities. Manage appropriate cash flow, investment, expenses, receivables, inventory, payables to support division operating activities. Review and approve/decline deal pricing and margin. Including supporting the Pricing and the Deal Hub team to ensure adequate modelling Review, approve/decline and estimate the margin impact of concessions, change orders (including returns), and warranty requests. Improve margin by reducing cost of poor quality. Partnership with controllership on orders and revenue recognition and key accounting entries, including calculating and properly accounting for key commercial commitments (rebates, tech non-obso, other). T&E and headcount management. Understand and drive actions in relation to costs (direct and indirect) on financial goals and measurements. Drive intensity and execution within the region around cash collections: past due resolution, invoice dispute resolution, credit approvals and credit holds (under the guidance of the USCAN central Cash team). Qualifications Bachelor's degree (Economics, Finance, Accounting, Business) from an accredited university or college. 6 years of progressive experience in areas such as accounting, budgeting, financial analysis, reporting, and forecasting OR OFLP grad with 5 years of relevant experience in finance, accounting and forecasting, financial analysis. Desired Characteristics Strong financial analysis and modeling skills Deep understanding of accounting principles and compliance requirements Strategic thinking and ability to align financial plans with business objectives Leadership qualities to inspire and motivate team members Graduate of GE’s Financial Management Program (FMP), Operations Financial Leadership Program (OFLP) or Corporate Audit Staff (CAS); or graduate of other financial leadership programs Ability to communicate complex business issues in a clear/concise manner Strong interpersonal skills with the ability to influence others and drive change while working across all levels, functions and regions Experience leading in a matrixed environment Adaptable/flexible: being open to change (positive or negative) in response to new information, different or unexpected circumstances, and/or to work in ambiguous situations Strong knowledge of GEHC financial, commercial and service operating systems 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. #LI-BR3 #LI-Hybrid We will not sponsor individuals for employment visas, now or in the future, for this job opening. For U.S. based positions only, the pay range for this position is $154,000.00-$231,000.00 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. 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

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Responsibilities

The South Commercial Finance Leader is responsible for commercial finance activities across a $2.5B portfolio, supporting orders and sales growth, cost targets, and pricing strategies. This role also involves financial analysis to inform business decisions and managing cash flow and investments.