Commercial Finance Manager Greece, Cyprus and Balkans

GE HealthCare•Greece, NY

14h

About The Position

Responsible to develop innovative solutions to deliver Customer outcomes and drive growth while managing company risk/reward Has knowledge of best practices and how own area integrates with others; is aware of the competition and the factors that differentiate them in the market Job Description Support the LCT Finance Manager to provide financial leadership to the entire LCT Leadership team. Conducting comprehensive financial analyses to provide insightful recommendations and support strategic business decisions effectively. Manage payment terms and credit limits to customers and distributors based on appropriate financial and commercial analysis Contact and engage with customers and financial institutions as necessary to assist the commercial team to handle the financial aspects of all sales opportunities, Analyze market trends and propose and implement suitable financing programs to facilitate sales to end customers Compiling and presenting detailed financial reports tailored to the needs of upper management, ensuring clarity and accuracy in conveying financial insights. Accountable for accurate budgeting and forecasting activities, collaborating with FP&A central and local teams and leveraging historical data and market trends to develop robust financial plans aligned with organizational goals. Assisting in the evaluation of investment opportunities by conducting thorough financial assessments and risk analyses, contributing valuable insights to the decision-making process. Identifying key performance indicators (KPIs) and implementing monitoring mechanisms to track financial performance, enabling timely adjustments and proactive management of financial targets. Actively participating in strategic planning exercises, providing financial expertise and contributing to the development of long-term business strategies that drive sustainable growth and profitability. Conducting in-depth analyses of operational processes and financial metrics to identify areas for improvement, proposing actionable recommendations to enhance efficiency and drive cost savings. Work closely with Controllership and drive understanding of GE HealthCare policies by the commercial and operational teams. Support Controllership and Stat team to prepare Greek legal entity financial statement. Support review of balance sheet in collaboration with controllership to identify operational trends & potential risks. Cultivating and managing relationships with both internal stakeholders, such as department heads and executives, and external partners, including clients and vendors, to foster collaboration and support organizational objectives. Overseeing the billing, cash collection and credit recovery processes, implementing efficient procedures and controls to ensure timely invoicing and minimize delinquencies, thereby optimizing cash flow management.

Requirements

Bachelor’s Degree in Accounting, Finance, Economics, or Business Administration
8+ years of experience in Finance roles
3+ years of experience in Finance leadership roles
Independence in problem solving and decision making.
Fluent in Greek and English.
Strong knowledge of GE financial and commercial operating systems.
Demonstrated experience and understanding of Commercial Finance principles.
Excellent verbal and written communication skills and ability to communicate complex business cases.
Strong interpersonal skills with the ability to influence others and drive change while working across all levels, functions, and regions.
Strategic and critical thinker with the ability to add value to operating processes, create and execute concrete action plans.
Strong analytical, project management, and organizational skill.
Ability to work under tight deadlines and to prioritize under pressure; accelerate pacing of actions; collaborate for a dynamic daily management system.
Adaptable/Flexible: being open to change in response to new information, different or unexpected circumstances, and/or to work in ambiguous situations.
Experience working in a matrixed environment and a multi-cultural environment.

Responsibilities

Provide financial leadership to the entire LCT Leadership team.
Conduct comprehensive financial analyses to provide insightful recommendations and support strategic business decisions effectively.
Manage payment terms and credit limits to customers and distributors based on appropriate financial and commercial analysis
Contact and engage with customers and financial institutions as necessary to assist the commercial team to handle the financial aspects of all sales opportunities
Analyze market trends and propose and implement suitable financing programs to facilitate sales to end customers
Compile and present detailed financial reports tailored to the needs of upper management, ensuring clarity and accuracy in conveying financial insights.
Accountable for accurate budgeting and forecasting activities, collaborating with FP&A central and local teams and leveraging historical data and market trends to develop robust financial plans aligned with organizational goals.
Assist in the evaluation of investment opportunities by conducting thorough financial assessments and risk analyses, contributing valuable insights to the decision-making process.
Identify key performance indicators (KPIs) and implementing monitoring mechanisms to track financial performance, enabling timely adjustments and proactive management of financial targets.
Actively participate in strategic planning exercises, providing financial expertise and contributing to the development of long-term business strategies that drive sustainable growth and profitability.
Conduct in-depth analyses of operational processes and financial metrics to identify areas for improvement, proposing actionable recommendations to enhance efficiency and drive cost savings.
Work closely with Controllership and drive understanding of GE HealthCare policies by the commercial and operational teams.
Support Controllership and Stat team to prepare Greek legal entity financial statement.
Support review of balance sheet in collaboration with controllership to identify operational trends & potential risks.
Cultivate and manage relationships with both internal stakeholders and external partners to foster collaboration and support organizational objectives.
Oversee the billing, cash collection and credit recovery processes, implementing efficient procedures and controls to ensure timely invoicing and minimize delinquencies, thereby optimizing cash flow management.