Service Finance Regional Manager – Europe
Share
Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Job Description Summary
Responsible for a cost center a profit center; product project or service. Managers of people from multiple families within the function. This DAW is predominantly EB SEB but could include other bands. Has in-depth knowledge of best practices and how own area integrates with others; has working knowledge of competition and the factors that differentiate them in the marketJob Description
Roles and Responsibilities
Service Portfolio Financial Management
Own the bottom-up revenue and contribution margin forecast for the region; consolidate inputs across service lines.
Manage the full financial cycle including annual budget 3-year plan and periodic forecasts.
Lead weekly R&O calls and monthly regional finance reviews.
Deliver monthly and quarterly variance analysis (licenses projects M&S) comparing actuals vs. forecasts.
Define monitor and analyze KPIs across Service operations.
Provide insight into customer profitability contract margins and cost performance.
Follow up on DR4 SAP sites monthly (P&L review).
Controllership & Project Finance Governance
Oversee project financial reporting in alignment with controllership guidelines and internal controls.
Validate milestone planning and collaborate with accounting for revenue recognition.
Lead monthly project reviews from initiation to closure; drive consistency with project delivery teams.
Ensure P&L integrity accuracy of postings and alignment between project systems and the general ledger.
Approve service sales orders and project creations in Fusion; reconcile orders and backlog monthly.
Coordinate with Project Controller community on write-downs invoicing deferred charges and revenue scheduling.
Drive reconciliation of Project/OM Financials and Product Revenue to GL.
Cash Billing & Working Capital
Prepare billing and cash forecasts for the region consolidating data from Fusion and SAP forecasts.
Support and follow up with the Cash Collection team on overdue receivables.
Validate and track quarterly intercompany re-invoicing and quarterly cost transfers (VDC Transport/Logistics).
Operational Support & Process Excellence
Monitor labor and PLM expenditure progress on a bi-weekly (M1/M2) and weekly (M3) basis.
Execute monthly portfolio analysis using financial project reports (cost progress contract assets).
Support statutory audit requests including consolidated financial files for key sites (e.g. Massy).
Act as backup for customer allowance processes.
Lead or support ad-hoc project closures financial adjustments and internal process optimizations.
Provide informal guidance to junior colleagues and act as a resource for less experienced team members.
Required Qualifications
Advanced experience in Finance FP&A and/or Project Controlling with knowledge equivalent to a Bachelors degree (or a high school diploma with relevant experience).
Demonstrated experience in financial analysis forecasting and business partnering.
Bachelors degree from an accredited university or college (or high school diploma/GED with at least 6 years of relevant experience).
Desired Characteristics
Strong oral and written communication skills with the ability to clearly explain complex financial information.
Demonstrated ability to analyze and resolve problems using sound professional judgment.
Experience documenting planning and executing financial processes and programs.
Proven project management capability and ability to drive cross-functional collaboration.
High attention to detail strong ownership and ability to prioritize in a fast-paced environment.
Ability to develop consensus and influence stakeholders across functions and countries.
Additional Information
Relocation Assistance Provided: No
Required Experience:
Manager
About Company
GE Vernova's Asset Performance Management software can help you increase asset reliability, minimize costs and reduce operational risks. View a demo today.
