Job Description Summary
Looking to make a global impact and solve problems
Through relentless innovation and continuous collaboration with our customers GE Gas Power part of GE Vernova is providing more advanced cleaner and efficient power that people depend on today and building the energy technologies of the future.
The Services ITR Finance Manager is the strategic partner to business operations responsible for driving growth profitability and cash and accountable for the business financials for each contract in their portfolio. This role will leverage their region level expertise to assist the commercial and operations teams in planning and driving action around punch-list items during pacing (commercial or operational in nature).
Job Description
Essential Responsibilities
- Partner with Service Directors and Commercial teams to provide inputs for decision making to optimize financial performance both short term and long term
- Provide county or contract specific knowledge to the commercial team & customers to evaluate deal economics risk profiles and progress deals towards commercial closure.
- Negotiate & manage financial guarantee & letters of credit to be issued for bids and sales contracts. Maintain oversight of key operational processes such as Advance Release
- Perform gatekeeping role to minimize commercial currency and tax exposure and optimize cash collection. Including negotiating appropriate payment security and payment terms.
- Identify potential commercial & operational risks and opportunities within the portfolio and engage with Business Partners to escalate as
- Leverage business analytics (e.g. as sold vs executed annual margin review learnings etc.) to drive the continuous improvement of business performance and inform operations teams of optimization opportunities
- Drive cash metrics BOT POT PD - conduct PSRs and identify action items to drive better cash cycle
- Execute above in-line with standards set up by the HDGT Services business line
- Partnership with operations team on concession review board discussions and reviews
- Support the ITR Asia Pole Finance Leader in their partnership with the regional GM on operational decision making
- Provide guidance to the commercial operation team regarding financial cost model assumptions calculations and financial contingencies to protect margins and/or mitigate risks.
- Review contracts for commercial and controllership risks and ensure commitment order and revenue recognition compliance.
- Ensure completeness and accuracy of project scope and corresponding cost roll-up.
- Partner with FP&A to own the financial submissions for all planning cycles and pacing/punchlist call
- Own the local regulatory compliance for their portfolio along with the Stat & Tax team.
- BS in Finance Accounting or Business Administration or equivalent international degree
- 5-7 years of experience in finance or operations function in progressively larger positions of responsibility
- Foster strong analytical skills to produce in-depth future profitability metrics based on historical trends
- Experience leading large complex projects that balance multiple stakeholders
- Experience and interest in driving process improvement
- Excellent time management organizational and data driven skills
- Demonstrated ability to deliver with focus prioritize and perform in a fast-paced environment and respond quickly
Benefits Available to You
GEV employees rise to the challenge of building a world that works. In order to meet this mission we provide varied competitive benefits to help support our workforce.
- Our compensation & benefits are designed to help you manage your personal and family needs while rewarding high performers. We offer a robust benefits package depending on your employment status and your national requirements.
- A healthy balanced lifestyle can mean different things to different people. Weve created programs that support the way you live and work today.
- GE invests to provide opportunities to grow your career by providing a path for continued on-the-job learning and development.
At GEV we believe in the value of your unique identity background and experiences. We are committed to fostering an inclusive culture where everyone feels empowered to do their best work because they feel accepted respected and that they belong.
Additional Information
Relocation Assistance Provided: Yes
Required Experience:
Manager
Job Description SummaryLooking to make a global impact and solve problemsThrough relentless innovation and continuous collaboration with our customers GE Gas Power part of GE Vernova is providing more advanced cleaner and efficient power that people depend on today and building the energy technologi...
Job Description Summary
Looking to make a global impact and solve problems
Through relentless innovation and continuous collaboration with our customers GE Gas Power part of GE Vernova is providing more advanced cleaner and efficient power that people depend on today and building the energy technologies of the future.
The Services ITR Finance Manager is the strategic partner to business operations responsible for driving growth profitability and cash and accountable for the business financials for each contract in their portfolio. This role will leverage their region level expertise to assist the commercial and operations teams in planning and driving action around punch-list items during pacing (commercial or operational in nature).
Job Description
Essential Responsibilities
- Partner with Service Directors and Commercial teams to provide inputs for decision making to optimize financial performance both short term and long term
- Provide county or contract specific knowledge to the commercial team & customers to evaluate deal economics risk profiles and progress deals towards commercial closure.
- Negotiate & manage financial guarantee & letters of credit to be issued for bids and sales contracts. Maintain oversight of key operational processes such as Advance Release
- Perform gatekeeping role to minimize commercial currency and tax exposure and optimize cash collection. Including negotiating appropriate payment security and payment terms.
- Identify potential commercial & operational risks and opportunities within the portfolio and engage with Business Partners to escalate as
- Leverage business analytics (e.g. as sold vs executed annual margin review learnings etc.) to drive the continuous improvement of business performance and inform operations teams of optimization opportunities
- Drive cash metrics BOT POT PD - conduct PSRs and identify action items to drive better cash cycle
- Execute above in-line with standards set up by the HDGT Services business line
- Partnership with operations team on concession review board discussions and reviews
- Support the ITR Asia Pole Finance Leader in their partnership with the regional GM on operational decision making
- Provide guidance to the commercial operation team regarding financial cost model assumptions calculations and financial contingencies to protect margins and/or mitigate risks.
- Review contracts for commercial and controllership risks and ensure commitment order and revenue recognition compliance.
- Ensure completeness and accuracy of project scope and corresponding cost roll-up.
- Partner with FP&A to own the financial submissions for all planning cycles and pacing/punchlist call
- Own the local regulatory compliance for their portfolio along with the Stat & Tax team.
- BS in Finance Accounting or Business Administration or equivalent international degree
- 5-7 years of experience in finance or operations function in progressively larger positions of responsibility
- Foster strong analytical skills to produce in-depth future profitability metrics based on historical trends
- Experience leading large complex projects that balance multiple stakeholders
- Experience and interest in driving process improvement
- Excellent time management organizational and data driven skills
- Demonstrated ability to deliver with focus prioritize and perform in a fast-paced environment and respond quickly
Benefits Available to You
GEV employees rise to the challenge of building a world that works. In order to meet this mission we provide varied competitive benefits to help support our workforce.
- Our compensation & benefits are designed to help you manage your personal and family needs while rewarding high performers. We offer a robust benefits package depending on your employment status and your national requirements.
- A healthy balanced lifestyle can mean different things to different people. Weve created programs that support the way you live and work today.
- GE invests to provide opportunities to grow your career by providing a path for continued on-the-job learning and development.
At GEV we believe in the value of your unique identity background and experiences. We are committed to fostering an inclusive culture where everyone feels empowered to do their best work because they feel accepted respected and that they belong.
Additional Information
Relocation Assistance Provided: Yes
Required Experience:
Manager
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