Sr. Finance Manager - Service Profitability
GE HealthCareAbout the role
Job Description Summary
The Sr. Finance Manager - Service Profitability is responsible for developing innovative solutions to deliver customer outcomes and drive growth while managing company risk and reward. This role involves interpreting internal and external business challenges and recommending best practices to improve products, processes, or services. The Sr. Finance Manager also stays informed of industry trends that may influence their work.GE HealthCare is a leading global medical technology and digital solutions innovator. Our mission is to improve lives in the moments that matter. Unlock your ambition, turn ideas into world-changing realities, and join an organization where every voice makes a difference, and every difference builds a healthier world.
Job Description
Roles and Responsibilities
Oversee $1B+ of annual service costs across U.S. & Canada regions and segments
Be an active voice in global segment initiatives and reoccurring reviews. Interact with segment VPs/CEOs/CFOs.
Be able to link strategic global product/service initiatives to US & Canada sub-regions and vice-versa.
Play a leading role in the Long-Term Strategy (LTS) and Budget setting processes for U.S. & Canada service
Support the service Pricing efforts by bringing costing analytics and insights to the commercial strategy. Measure Pricing performance by segment and service offering categories
Consolidate inputs from regions, global supply chain, global products and productivity groups to produce monthly forecasts and variance analysis
Conduct deep analysis on cost drivers and drive targeted actions around key learnings
Lead customer level productivity actions while partnering with sales, sourcing, service delivery and ops.
Manage cost accounting processes and serve as subject matter expert to contain and troubleshoot errors
Develop and lead daily management systems (DMS) for key expense accounts within US & Canada service
Drive finance transformation efforts with focus on centralized forecasting, digitization of reports (Power BI), process automation and manual journal entry reduction.
Support SMAX implementation in U.S. & Canada region
Produce financial targets and drive achievement with rigorous monitoring and problem solving while partnering with various finance and non-finance leaders
Build and maintain service profitability walks with segment and sub-region layers. Find applicability of the learnings and drive targeted actions to improve profitability
Lead key projects and initiatives to enhance service profitability. Drive low margin socket conversion initiatives while working with cross functional teams
Responsible for designing and implementing internal controls over financial reporting, including accounting policy implementations, SOX, distributed controllership, process simplification and internal controls over IPP monitoring and risk. Serve as controllership experts on financial system and ERP implementations.
Requires specialized depth and/or breadth of expertise within their discipline. May require strong commercial awareness, and is expected to influence the development of strategy within own area, including control of resources and influences policy formulation.
May lead functional teams or projects with minimal resource requirements, risk, and/or complexity. Communicates difficult concepts and may influence others' options on particular topics. May guide others to consider a different point of view.
Impacts the team's ability to achieve service, quality and timeliness of objectives. Work is subject to functional policy objectives. Regularly advises management in the function and/or in the business. Has a supportive role in decision making about important subjects. High levels of evaluative judgment are required to achieve outcomes required.
Uses high level of judgment to make decisions and handle complex tasks or problems that impact the function. Has ability to assess quality of information given and ask pertinent questions to stakeholders. Able to offer new solutions to problems outside of set parameters and is able to construct and provide recommendations. Uses multiple internal and some external sources outside of own function to help arrive at a decision.
Qualifications
Bachelor's degree (Economics, Finance, Accounting) from an accredited university or college, with 8+ years of progressive experience in areas such as accounting, budgeting, financial analysis, reporting, forecasting, compliance management, and team leadership OR a graduate of GE HealthCare’s Financial Mana
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