Job Description Summary
The Senior Asset Management Leader is responsible for asset strategies that drive optimal investment and disposition decisions across GE Vernova to improve cost of capital for machinery and equipment. By partnering with Global Supply Chain Teams Sourcing Finance Development and Engineering this role will be integral in delivering financial savings throughout the entire equipment lifecycle. Beginning with CAPEX/OPEX savings during the budgeting and acquisition phase of equipment through dispositioning surplus/idle investments this role will enhance our ability to reduce base costs align to our sustainability goals and off-set financial impairments as well as generating cash income for the business.
Job Description
Essential Responsibilities
- Establish a four (4) phased end-to-end process for managing machines & equipment: planning acquisition operation & maintenance disposition to improve cash and reduce CAPEX.
- Establish KPIs to ensure the capital investment structure proposed is the best use of capital. Promote investment strategies (i.e. lease v. buy) that provides optimal benefits after considering install complexity technology proposed usage and end of life value.
- Launch a digital Asset Lifecycle Portal to centralize investment asset platforms links SOPs and people. Remove organizational/system barriers that negatively impact current cost of capital due to different ERPs Fixed Asset COEs functions investment tools and local disposition decisions.
- Define a standard process across Gas Power for requesting managing refinancing buying out and ending operational lease schedules. Mitigate accounting risks by ensuring all equipment leases are booked according to ASC 842 and early buyout options (EBOs) are included in the budget for CAPEX.
- Expand the existing Asset Redeployment process by encompassing all surplus machines & equipment in scope including finished goods inventory leased equipment and obsolete program assets purchased as expense. Ensure a consistent process is in place when the Business remarkets surplus assets to third-party buyers in an As Is Where Is transaction.
- Drive a culture of rigor around the idle asset annual inventory policy.
- Work closely with the finance team to provide analyses and estimates to the business.
Qualifications / Requirements
Basic Qualifications:
- Technical or Bachelors Degree from an accredited college or university
- Minimum of 10 years in a leadership role in a manufacturing and/or field service environment
- General understanding of machinery capabilities and GEs manufacturing/service applications
- Proven leadership in communicating business goals/programs/processes
- Experience in global project management
Desired Characteristics
- Strong technical and financial acumen associated with the procurement and redeployment of assets globally
- Insatiable curiosity about emerging digital tools and solutions
- Demonstrated use of experience and expertise to solve problems
- Demonstrated expertise designing and deploying solutions
- Strong analytical and critical thinking skills
- Excellent written and verbal communication skills
- Experience working in multiple matrixed and cross-functional teams
- Self-starter
Additional Information
Relocation Assistance Provided: No
Required Experience:
Senior IC
Job Description SummaryThe Senior Asset Management Leader is responsible for asset strategies that drive optimal investment and disposition decisions across GE Vernova to improve cost of capital for machinery and equipment. By partnering with Global Supply Chain Teams Sourcing Finance Development an...
Job Description Summary
The Senior Asset Management Leader is responsible for asset strategies that drive optimal investment and disposition decisions across GE Vernova to improve cost of capital for machinery and equipment. By partnering with Global Supply Chain Teams Sourcing Finance Development and Engineering this role will be integral in delivering financial savings throughout the entire equipment lifecycle. Beginning with CAPEX/OPEX savings during the budgeting and acquisition phase of equipment through dispositioning surplus/idle investments this role will enhance our ability to reduce base costs align to our sustainability goals and off-set financial impairments as well as generating cash income for the business.
Job Description
Essential Responsibilities
- Establish a four (4) phased end-to-end process for managing machines & equipment: planning acquisition operation & maintenance disposition to improve cash and reduce CAPEX.
- Establish KPIs to ensure the capital investment structure proposed is the best use of capital. Promote investment strategies (i.e. lease v. buy) that provides optimal benefits after considering install complexity technology proposed usage and end of life value.
- Launch a digital Asset Lifecycle Portal to centralize investment asset platforms links SOPs and people. Remove organizational/system barriers that negatively impact current cost of capital due to different ERPs Fixed Asset COEs functions investment tools and local disposition decisions.
- Define a standard process across Gas Power for requesting managing refinancing buying out and ending operational lease schedules. Mitigate accounting risks by ensuring all equipment leases are booked according to ASC 842 and early buyout options (EBOs) are included in the budget for CAPEX.
- Expand the existing Asset Redeployment process by encompassing all surplus machines & equipment in scope including finished goods inventory leased equipment and obsolete program assets purchased as expense. Ensure a consistent process is in place when the Business remarkets surplus assets to third-party buyers in an As Is Where Is transaction.
- Drive a culture of rigor around the idle asset annual inventory policy.
- Work closely with the finance team to provide analyses and estimates to the business.
Qualifications / Requirements
Basic Qualifications:
- Technical or Bachelors Degree from an accredited college or university
- Minimum of 10 years in a leadership role in a manufacturing and/or field service environment
- General understanding of machinery capabilities and GEs manufacturing/service applications
- Proven leadership in communicating business goals/programs/processes
- Experience in global project management
Desired Characteristics
- Strong technical and financial acumen associated with the procurement and redeployment of assets globally
- Insatiable curiosity about emerging digital tools and solutions
- Demonstrated use of experience and expertise to solve problems
- Demonstrated expertise designing and deploying solutions
- Strong analytical and critical thinking skills
- Excellent written and verbal communication skills
- Experience working in multiple matrixed and cross-functional teams
- Self-starter
Additional Information
Relocation Assistance Provided: No
Required Experience:
Senior IC
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