Lct Finance Manager Me

2 weeks ago

Al Qaţīf, Eastern Province, Saudi Arabia GE HEALTHCARE Full time

Job Description Summary:

ME Finance Manager has responsibility for commercial finance activities across the full portfolio of Imaging, PCS, Ultrasound as well as Services for the entire LCT (Middle East and Saudi) along with coordination of all finance functions in LCT.

The LCT MF is responsible for providing financial leadership for the LCT performance ensuring profitable growth, cash conversion cycle improvements and driving productivity plans.

The LCT MF will work with the LCT General Manager to drive strategic initiatives, make capital allocation decisions, and deal review tradeoffs across the entire LCT to drive outcomes for customers & positive business results.

The LCT Finance Manager reports directly to EAGM CFO.

Responsibilities:

  • Provide financial leadership to the entire LCT Leadership team to establish and accomplish Functional/Operational financial goals and objectives.
  • Provide finance leadership to the LCT GM. Role will provide analytical insights on the P&Ls financials, from Sales to Operating profit, Balance Sheet and Cash elements, driving also financial leadership direction at HCS Franchise level.
  • Be a strategic business partner for Commercial and Operational teams to plan and execute growth plans with balanced risk profile and proper risk management.
  • Validate bid risk and reward balance (e.g. terms and conditions, margin, security of payment and optimization of cash flow). Partner with functional experts in controllership, tax, legal, treasury to ensure STAT/Tax compliant deal structuring. Drive completion of Know-YourCustomer process, Revenue Recognition models, compliant Order recognition.
  • Utilize indepth financial expertise and a disciplined, analytical thinking to execute strategy and company growth initiatives.
  • Ensure data driven decisions in the

LCT:

closely work with FP&A team on P&L visibility, ensure business leaders and commercial teams are supported to improved visibility, business decisions and financial outcomes as well as grounded planning and estimate cycles.


  • Partner with OTR (Order To Remittance) function to ensure clean Order entry and support OTR and Project Management team to drive timely sales execution.
  • Work closely with Controllership and drive understanding of GE Healthcare policies by the commercial and operational teams. Deliver trainings to commercial teams to ensure awareness and understanding of key policies and their operational implications.
  • Drive and support financing solutions in coordination with Healthcare Financial Services team in the LCT.
  • Manage FX risks and banking infrastructure in coordination with GE Healthcare Treasury.
  • Actively support credit risk management and drive cash improvement in collaboration with the cash leader through operational & process improvements, drive Cash Flow (Collections $, Unbilled $, Past Due $, DSO #) and with OTR to reduce Inventory $ and Obsolescence $.
  • Review balance sheet in collaboration with controllership to identify operational trends & potential risks.
  • Provide oversight and mentoring to the LCT finance team.

Qualifications/Required Qualifications:

  • Bachelor's Degree in Accounting, Finance, Economics, or Business Administration and 10+ years financial work experience.
  • Senior level professional position requiring technical knowledge and experience, independence in problem solving and decision making.
  • Fluent in English and any other local language required.
  • At least 5 years of experience working in Finance Leadership role.
  • Strong knowledge of GE financial and commercial operating systems.
  • Demonstrated experience and understanding of Accounting Principles and Controllership.
  • Excellent verbal and written communication skills and 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. Prioritize minimum gemba walks to enable frontline dynamics.
  • Strong critical thinking skills and ability to add value to operating teams.
  • Strategic thinker with the ability to 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 multicultural environment.

Additional Information:

Relocation Assistance Provided:
No

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