Job Description Summary

At Steam Power we are used to change and have been continuously adapting to respond to the to the many factors shaping our industry. Change is how we keep pace with the world around us and ensure our long-term sustainability. To achieve this requires us adopting a strong services mindset that becomes the very DNA of Steam Power. As a result, we have become more of a services organization.

We believe our success in large part will depend on us being as diverse of a team as our customers and regardless of our role, every one of us can contribute to making Steam Power the service provider of choice by customers around the globe.

Job Description

As Nuclear and Industrial cash leader, you will be responsible for leading the cash flow optimization for GE Nuclear and Industrial businesses. This will include setting the strategy and driving execution in the following areas:

• Operational cash flow management. In partnership with accountability and functional leaders, you will focus on the direct cash. This includes determination of cash requirements and maintaining cash flows by type of spend for the Nuclear and Industrial Services portfolio, setting up operational rigor for cross-functional execution on cash out management.
• Billings, Collections, and Past Due. You will lead the Nuclear and Industrial Billing COE and Shared Services / External vendor (Genpact) engagements with regards to invoice to cash processes and metrics.
• Financial planning and analysis related to Free cash Flow. You will require in-depth understanding of the Steam Power industry and businesses, and a background in supply chain operations and commercial markets. You will lead regional forecasting, planning and reporting cycles relative to cash and drive improvement in the ledger-based reporting of cash as one of the key finance transformation priorities.
• Establish yourself as a subject matter expert by demonstrating your knowledge of financial statements, ability to monitor business activities such as billing, collections, and spending, calculating free cash flow using direct and indirect method, reporting, planning, understanding trends, and key performance indicators.
• You will be an indispensable cash leader, with excellent leadership, analysis, strategic, communication, and interpersonal skills.

Responsibilities:

• Organize knowledge sharing to convey information about new approaches and best practices in cash management (direct and indirect)
• Lead Nuclear and Industrial new services teams working on strategic functional or cross-functional Initiatives, particularly across the direct cash out, cash in, and cash forecasting accuracy
• Regularly advise Nuclear and Industrial leadership on cash performance and levers to improve cash results by analyzing and reporting on business operating activities
• Collaborate with Controllership and FP&A for triangulation of the financial metrics across the financial statements (bridge direct and indirect views, connectivity of cash, balance sheet and income statements). Provide analysis and insights on working capital, projects and services cash, external and intercompany scopes
• Accountable for implementation, performance and smooth running of the end-to-end Billing and Collections processes for Nuclear and Industrial businesses.
• Ensure transparency and relevance of IT infra-structures to support the both the billing/collection, disbursements, and cash forecasting processes
• Develop and publish key performance indicators (KPIs) to partners and executive management, including past dues, late billings, day to pay, etc.
• Support the FP&A planning, budgeting, forecasting cycles, and performance pacing throughout the quarter as well as monthly/quarterly closings
• Partner across the finance community and with other functions to support the implementation of strategic initiatives/priorities, linking to operational/business value streams, and facilitating simplification/LEAN
• Analyze and report on business operating activities

Basic Qualifications:

• Bachelor's Degree or higher form of education in Accounting, Finance or related discipline from an accredited university or college
• Minimum of 5 years of experience in Operational Finance, Controllership, Cash or FP&A

Desired Qualifications:

• Strong technical finance acumen, including in-depth knowledge of US GAAP accounting, controllership principles, financial reporting, and analysis
• Previous experience in overseeing multiple financial statements, planning, and reporting cycles
• Prioritization skills: proven ability to prioritize effectively and drive performance of the organization
• Strong technical finance acumen, including in-depth knowledge of US GAAP accounting, controllership principles, financial reporting, and analysis
• Strong oral and written communication skills and ability to clearly communicate financial results and operational issues to various audiences and levels in the organization
• Strong interpersonal and leadership skills
• Demonstrated ability to analyze and resolve problems
• Ability to deal with ambiguity and setting cross-functional strategy and rigor

Additional Information