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 and customers to evaluate deal economics, risk profiles, and progress deals towards commercial closure.
- Negotiate and manage financial guarantee, and 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 and operational risks and opportunities within the portfolio and engage with Business Partners to escalate as required
- 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.
Basic Qualifications
- 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
Desired Characteristics:
- 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. We've 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.
Inclusion & Diversity
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.
Relocation Assistance Provided: No
Top Skills
What We Do
GE Vernova is a planned purpose-built company on a mission to electrify the planet while simultaneously working to decarbonize it.
If we want our energy future to be different…we must be different.
Our mission is embedded in our name. We retain our treasured legacy, “GE,” in our name as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy that GE Vernova will help deliver.
GE Vernova brings together GE’s portfolio of energy businesses including Power, Wind, Electrification and Digital businesses. With focus, GE Vernova is accelerating the path to more reliable, affordable, and sustainable energy, while helping our customers power economies and deliver the electricity that is vital to health, safety, security, and improved quality of life.
Together, we have The Energy to Change the World.
Why Work With Us
Join our team, to evolve and grow, surrounded by some of the brightest minds in the industry who help you get better every day. You’ll get the chance to rewrite the rules, work on cutting-edge technology, and be part of a global team for positive change.
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