Finance Leader

Job description / Role

Role Summary:

The focus of this role will be mainly on assisting the NEA Commercial Finance Manager on finance activities for NEA LCT in addition on leading FP&A activities.

Essential Responsibilities:

Support the Commercial Finance Manager on Finance activities which include but not limited to:
- Own w2w financial activities for big deals in Sudan, Libya & Egypt
- Support in LC cycles validation, document submission follow up, cash collection and application
- LC tracker and status updates
- Support Financing status for customers tracking in addition to credit status, tracking cash status and payment terms milestones
- Support in credit override and approval of deals
- Support in cash flow estimate and requests of buying USD from Bank
- Support in ad hoc requests with different functions - B2P, R2R, controllership Suppliers payments acceleration etc
- Lead GE Healthcare finance/business planning cycles including blue print review
- Participate in quarterly / yearly Accounting closing processes
- Deliver FP&A process for monthly/quarterly financials and communicating results
- Provide financial data to finance and operating teams to drive growth
- Support the improvement of growth by challenging the drivers, developing contingency scenarios, driving stronger management accountability, improving financial forecast process, enhance management performance measures and improve execution discipline
- Understand, communicate and explain variance drivers within the business segment them into unusual, controllable, operating drivers and identify root cause and action owners
- Provide necessary analytics to highlight key business performance drivers; Identify risks and opportunities throughout the quarter and develop processes to mitigate risks while capitalizing on opportunities
- Drive standardization & process improvement across operating businesses in all aspects of planning and reporting, including best practice sharing.
- Work with Commercial teams and operations leaders to drive opportunities for pricing, variable cost, base cost, and material variance
- Lead and / or participate in simplification projects that will facilitate and increase capacity for value-added financial analysis
- Lead LG exposure reduction with operations team and other functions

Requirements

Qualifications/Requirements:

- Bachelor's Degree in Accounting, Finance, Economics, or Business Administration and more than 7 years financial work experience
- Strong analytical skills: able to clearly link financial results to operational performance drivers, generate alternatives and drive positive change
- Solid PC skills: experience with financial systems/applications (i.e.: Oracle, Hyperion, SAP, COGNOS, Business Objects, etc.), strong Excel skills in data compilation and aggregation (i.e. pivot tables, Vlookup and macros) and power point presentation
- Excellent verbal and written communication skills in English and the ability to communicate complex business issues in a clear/concise manner
- Strong interpersonal skills with the ability to influence others and drive change while working across all levels, functions, and regions
- Strong critical and clear thinking skills and ability to add value to operating teams.

Desired Characteristics:

- CPA, CFA, CMA, MBA or any other recognized external finance qualification
- Experience working in a global business environment with sound understanding of global process and transactional flows
- Clear thinking/problem solving: successfully led projects/process improvements within operations/finance function; able to quickly grasp new ideas
- Adaptable/Flexible: being open to change in response to new information, different or unexpected circumstances, and/or to work in ambiguous situations
- Integrity: accepting and adhering to high moral, ethical, and personal values in decisions, communications, actions and when dealing with others
- Confidence/Assertiveness: strong influencing skills across business functions
- Experience working in a matrix environment

About Us:

GE is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. Through our people, leadership development, services, technology and scale, GE delivers better outcomes for global customers by speaking the language of industry.

Locations: Egypt; Cairo

About the Company

GE is a diversified technology, media and financial services company, dedicated to creating products that make life better. From aircraft engines and power generation to financial services, medical imaging, television programming and oil and gas, GE operates in more than 100 countries and employs over 300,000 people worldwide.

GE's Oil & Gas business is a leader in the development and delivery of advanced product and service offerings for the global oil and gas industry. As a consequence of the rapid expansion of its technology base, GE's Oil & Gas is capable of addressing the largest and most complex engineering and application challenges entirely from its own worldwide resources. So whether it's the world's largest LNG compression trains, re-injection of high sulfur gas, enhancing the safety and productivity of the world's oil and gas pipelines, or equipment for the production of oil and gas from harsh environments, GE is leading the charge.