Ref: KP132-498

Job description / Role

Employment: Full Time

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.

Role Summary:

Support EGM Cash Leader and Mid East & Saudi CFO in managing cash forecasting, cash operations and cash simplification in Saudi. Ensure GEHC Saudi achieves its quarterly CFOA commitments and associated metrics in close collaboration with operations, services, commercial and local collection team.

Essential Responsibilities:

- FP&A: Act as the central point of contact for CFOA in Saudi. Lead forecasting activity of CFOA, cash certification/collection, past dues, deferred revenue, billings, unbilled AR, BDR. Drive quarterly financial closing activities for CFOA in Saudi.
- Operations: be a team player, connecting multiple teams and functions to drive cash KPIs effectiveness and deliver on cash targets
- Operations: drive aged accounts resolution to reduce BDR and Past dues; build customer relations along with commercial and cash teams to speed cash on problematic tickets
- Operations: Facilitate weekly cash call process rigor to drive past dues reduction and work with operations, commercial operations/sales for resolving past dues including disputes.
- Controllership: ensure accuracy of cash accounts on balance sheet, drive reduction of aged balances... progress collection, deferred revenue, unbilled
- Cash processes: support Billing quality leader & endorse BQ policies and initiatives to proactively reduce billing errors
- Cash visibility: publish billing, collections & certification dashboards, with streamlined accountability across Operations, Services, Commercial
- Credit Controls: endorse Credit Policy for Saudi, make sure all necessary actions are taken for Blacklist and Watch List customers. Liaise with Commercial so that credit issues are resolved smoothly. Stream line Credit terms across the Equipment & Service business. Suggest to EGM Cash leader and Saudi CFO potential increase/decrease of customers' credit lines.
- Partner with collection team to drive the AR cash application. Oversee the cash application activity, supervise the cash analyst in charge of the cash application, coordinate with Global Ops team to ensure timely submission of cash application requests.
- Lead cash simplification project in partnership with controllership, OTR and IT to improve cycle time, drive compliance of billings to contract terms and facilitate new customer set up, proactively eliminating billing disputes
- Monitor and manage Letter of Credits, drive reduction of LC discrepancies and build bank relationship to reduce bank fees

Requirements

Qualifications/Requirements:

- Confirmed leadership experience with 8 to 10 experience in Finance / Operations / Collection leadership roles with minimum 2- 4 years' experience in collection with public sector / industrial businesses. Experience on Saudi MOH collection / Saudi Public sector is highly regarded.
- Strong interpersonal skills with the ability to influence others and drive change/new business solutions while working across all levels, functions. Demonstrated ability to lead programs / projects and strategic / simplification initiatives
- Excellent verbal & written communication skills: fluency in English and Arabic, experience working across multiple, functions and businesses; able to clearly communicate complex financial information in an easy manner to various functions and leadership teams. Able to deliver a message effectively verbally and in writing
- Strong accounting skills. Demonstrated ability to analyze and resolve problems, high attention to detail. Solid Excel and PowerPoint skills
- Results oriented: working to deadlines, ability to plan, prioritize and deliver results under pressure in a fast paced environment.
- Confirmed team management skills and experience

Locations: Saudi Arabia; Riyadh

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.

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