Risk Finance Manager, GE Power

GE Power| Date Posted: 18-Aug-2019
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Job Nature:
Permanent
Position Level:
Experienced, Manager
Qualification:
Bachelor's / Honours

Job Description

Role Summary:

This role reports to the Senior Risk Finance Manager. The Risk Finance Manager will serve as a business partner supporting the Contractual Service Agreements (CSA) portfolio.

 

Essential Responsibilities:

In this role, you will partner with the regions stakeholders to: (1) develop the operation risk model for the long term service portfolio and evaluate the financial implications; (2) assist to oversee the margin review process; (3) partner with cross functional team in driving the renegotiation of key CSA deals meeting the business risk profile and performance objectives; and (4) support the business in execution and growth of the CSA portfolio.

  • Recommend and partner with Commercial and Operation teams to develop creative commercial structure that minimize Deferred Revenue exposure, maximize cash, profitability and termination protection for key CSA renegotiation/upgrade deals
  • Provide financial & technical expertise in the development of an overall risk management strategy
  • Work with region and HQ stakeholders to identify key opportunities for the application of risk assessment tools
  • Oversight in quarterly margin review process, partnering with operations and improving visibility in the quarterly productivity actions and pacing efforts
  • Develop expertise in financial & technical modeling to support commercial and operation teams 
  • Prepare and support (Op Plan, SII, Growth Playbook, Blueprints, and Operating Reviews) CSA Core and cum catch (CCU) annual target setting exercise 
  • Support regular CSA pacing for Core & CCU, including financial KPI (orders, revenue, CM, billings, cash, backlog) reporting post quarter close
  • Support simplification initiatives and actions to simplify the Finance and Operation process

 

Qualifications/Requirements:

  • Bachelor's degree in Accounting or Finance or Business Management from a local or internationally recognised university
  • Minimum 5 years of finance experience 
  • Financial Management Program (FMP) / Corporate Audit Staff graduate (applicable for internal employees only)
  • Understanding of US GAAP and/or IFRS

 

Desired Characteristics:

  • Strong accounting, analytical, problem-solving, with hands-on attitude & attention to details. 
  • Ability to work in cross functional environment and matrix organization
  • Demonstrate ability to multitasks, promote team work, accountability, and speed
  • Ability to work under tight deadlines, able to confront and handle ambiguity and to prioritize under pressure
  • Strong analytical, project management, and organizational skills 
  • Communication skills to work with multiple levels, functions and regions. Ability to communicate in a clear and concise manner.
  • Ability to build relationships, trust, and interface effectively across multiple organizations and businesses
  • Finance background (FMP/CAS) or equivalent
Company Overview
GE Power