Finance Director - International Cash

Job Description SummaryThe Finance Director International Cash is responsible for developing and implementing strategic initiatives for the International Region, being focused on accelerating cash collections, reducing Days Sales Outstanding (DSO), and maximizing working capital efficiency. He/She is responsible of leading a team of cash leaders, analyzing customer credit profiles, and implementing best practices to streamline collections processes.
The Finance Director International Cash collaborates with cross-functional teams to drive working capital improvement initiatives, such as inventory management and unbilled. This role requires strong leadership, analytical skills, and a deep understanding of financial principles.
The Finance Director International Cash plays a crucial role in driving financial performance by ensuring efficient cash management, minimizing bad debt exposure, and optimizing working capital utilization for the region.
The role can be based anywhere in the international region (preferably India or Hungary, but open to all other countries between the UK and India having a GE HealthCare presence) with a high workplace flexibility!

Job Description

Your Responsibilities

• Managing the region cash collection resources effectively, ensuring optimal working capital. Responsible for overseeing all aspects of cash collection processes & outcome in the region. This includes developing and implementing cash collection policies and procedures

• Develop and execute strategic initiatives to optimize collections processes and reduce Days Sales Outstanding (DSO) across all customer segments

• Drive forecasting accuracy improvement, and ensure zones are accountable for delivering on targets & forecasts, with clear visibility on variances

• Lead a team of 3-4 cash leaders, providing guidance to the zone cash teams (in total 30-35), training, and performance management to ensure targets are met or exceeded

• Centralize reporting, forecasting & analysis to ensure reviews with zones focused on operational performance and actions

• Drive improved billing quality & predictability to minimize collection delays

• Lead cash standardization & simplification initiatives across all international zones, including delivery model, organization & outsourcing strategy & management

• Analyze customer payment behavior, aging reports, and credit profiles to prioritize collection efforts and minimize bad debt exposure

• Implement best practices and leverage technology solutions to streamline collections workflows and improve efficiency & predictability

• Oversee working capital management initiatives, including accounts receivable, unbilled, and inventory, to improve cash flow and liquidity

• Partner with cross-functional teams to implement working capital improvement projects, driving process efficiencies and maximizing cash flow

• Develop and implement credit risk strategies to minimize bad debt losses while supporting sales growth objectives

• Prepare and present to the high leadership financial reports related to collections, and working capital to identify trends, variances, and improvement opportunities

• Provide regular updates and insights to senior management on key performance indicators (KPIs) related to collections & billing effectiveness, and working capital efficiency

• Collaborate with Finance and Accounting teams to ensure accurate and timely reporting metrics and performance

• Drive continuous improvement initiatives to enhance processes, streamline workflows, and improve overall efficiency

• Lead change management efforts to ensure successful adoption of new processes and technologies within the cash function

• Cultivate strong relationships with internal stakeholders, including zone cash leaders & CFOs, Sales, Service, and Operations teams, to facilitate timely resolution of customer disputes and billing inquiries

Your experience and qualifications:

• Bachelor’s degree in accounting, business administration with relevant accounting background

• Strong previous experience in a regional leadership role in finance cash management, controllership, Financial planning & analysis

• Big picture thinking/creative problem solving ability to identify roadblocks, connect the dots to find solutions

• Excellent communication skills: experience working across different levels (incl C-suite); able to synthesize complexity and communicate concisely verbally and on power point

• Effective people management skills and an ability to influence in a matrix organization

• Highly organized, self-starter with a sense of urgency in a fast paced environment to balance multiple priorities and possess high accountability to deadlines and results

• Strong analytic skills & precision with numbers: able to clearly link financial results to operational performance drivers, generate alternatives and drive positive change

• Integrity: Accepting and adhering to high moral, ethical, and personal values in decisions, communications, actions, and when dealing with others

• Solid excel skills: experience with financial modelling

Preferred Qualifications:

• Graduate of GE's Financial Management Program (FMP)

• Operation Financial Leadership Program (OFLP) or Corporate Audit Staff (CAS); or graduate of other financial leadership programs Financial acumen

• Preferably experience in the large industrial multi-national companies

• Matured Leadership : strong influencing skills across business functions;

• Confidence to approach all levels of management and staff and facilitate necessary dialogue

• Adaptable/Flexible: ability to deal with high level of work stress due to deadlines and open to change in response to unexpected/ambiguous situations

• High understanding of the GE HealthCare financial and commercial processes

• Employees from all countries within international region are welcome to apply
*APPLICATIONS ARE WELCOME IN ALL COUNTIRES WITHIN THE INTERNATIONAL REGION

About us

GE HealthCare is a leading global medical technology and digital solutions innovator with over 100 years of healthcare industry experience and around 50,000 employees globally. We enable clinicians to make faster, more informed decisions through intelligent devices, data analytics, applications and services, supported by our Edison intelligence platform. We operate at the center of an ecosystem working toward precision health - digitizing healthcare, helping drive productivity and improving outcomes for patients, providers, health systems and researchers around the world.

Our total rewards are designed to unlock your ambition by giving you the boost and flexibility you need to turn your ideas into world-changing realities. Our salary and benefits are everything you’d expect from an organization with global strength and scale, and you’ll be surrounded by career opportunities in a culture that fosters care, collaboration and support.

GE HealthCare is an Equal Opportunity Employer where inclusion matters. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

GE HealthCare - Creating a world where healthcare has no limits

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