South Commercial Finance Leader

GE HealthCare • Chicago, IL

4d • Hybrid

About The Position

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.

Requirements

• 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.

Nice To Haves

• 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

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).

Benefits

• 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.
• 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.
• GE HealthCare offers a great work environment, professional development, challenging careers, and competitive compensation.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees