Job Description Summary
The Executive Finance Manager for Monitoring Solutions is responsible for providing strategic P&L and operational finance leadership to the businesses. The role will serve as business partner to the operating team to drive business initiatives & strategies investment tradeoffs with an overall objective to drive global growth and profitability. Monitoring Solutions is a $1.3B global business that enables hospitals to monitor patient status (ECG SpO2 gases BP metabolics EEG other) in wards ICUs and ORs. The portfolio includes capital equipment consumables and services.
Job Description
Role Summary/Purpose
The Executive Finance Manager for Monitoring Solutions is responsible for providing strategic P&L and operational finance leadership to the businesses. The role will serve as business partner to the operating team to drive business initiatives & strategies investment tradeoffs with an overall objective to drive global growth and profitability. Monitoring Solutions is a $1.3B global business that enables hospitals to monitor patient status (ECG SpO2 gases BP metabolics EEG other) in wards ICUs and ORs. The portfolio includes capital equipment consumables and services.
Responsibilities
- Establish long term strategy plans operating plan forecast for the business and help deliver financials and segment growth globally.
- Partner with regions and operations to prioritize between New Product Introductions (NPI) & Installed Base (IB) projects manage product cost spend and identify cost productivity through all operational levers
- Coordinate with regions to maintain pricing discipline and track NPI performance.
- Support Business Development around partnerships acquisitions and external agreements
- Work with manufacturing plants and Sourcing in managing M6 (end of life) for the products and minimize on parts obsolescence. Manage phasein & phaseout of products working with regions and communicate back to plants and sourcing to avoid excess inventory and drive margin accretion.
- Manage segment inventory and P&E cash spend
- Develop reporting packages and presentations for monthly and quarterly senior leadership operation reviews / town halls inclusive of complete P&L understanding and action planning associated with known gaps and opportunities
- Educate product managers on usage of reporting tools (ie PowerBI) and help drive product pricing and product structure simplifications
- Lead crossfunctional projects to drive simplification throughout the organization and to improve rigor while reducing costs & improving compliance and simplification
- Ensure compliance and controllership across financial transactions and ensure 100 account recs with no Schedule IIs
- Build organizational culture and develop people
Qualifications/Requirements
- Bachelors degree in Accounting Finance Business Administrationor similar concentration
- A minimum of 10 years financial work experience in increasingly more responsible positions.
- Experience in finance roles at multinational health care companies
- Experience leading in a global business environment; minimum of five years experience leading team members
- Experience with financial systems/applications (i.e.: Oracle SAP Hyperion Business Objects etc. strong Excel skills in data compilation and aggregation (i.e. pivot tables VLookup and Macros)
- Excellent communication skills: experience working across multiple levels functions and regions; ability to clearly communicate complex financial information in an easy to understand manner both verbally and in writing
- Integrity: Accepting and adhering to high moral ethical and personal values in decisions communications actions and when dealing with others
Desired Characteristics
- Strong analytical skills: ability to clearly link financial results to operational performance drivers generate alternatives and drive positive change
- Sound understanding of global process and transactional flows
- Clear thinking/problem solving: successfully led projects/process improvements within operations/finance functions; ability to quickly grasp new ideas
- Adaptable/Flexible: open to change in response to new information different or unexpected circumstances and/or to work in ambiguous situations
- Confidence/Assertiveness: strong influencing skills across business functions; confidence to approach business leaders with difficult messages and defend position
- Experience working in a matrixed environment
For U.S. based positions only the pay range for this position is $192000.00$288000.00 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 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 COVID19 some GE HealthCare customers have vaccination mandates that may apply to certain GE HealthCare employees.
Relocation Assistance Provided: No
Required Experience:
Manager