Chief Financial Strategist for Global Cash Management
Há 1 mês
Estimated Salary: $120,000 - $180,000 per annum
About GE HealthCareWe are a leading global medical technology and digital solutions innovator with over 100 years of healthcare industry experience. Our company is committed to creating a world where healthcare has no limits.
About the RoleWe are seeking a highly skilled Chief Financial Strategist for Global Cash Management to lead our cash management efforts across the globe. This role will be responsible for developing and implementing strategic initiatives to optimize collections processes, reduce Days Sales Outstanding (DSO), and improve working capital efficiency.
Key Responsibilities- Develop and execute strategic initiatives to optimize collections processes and reduce 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, accounts payable, unbilled, and inventory, to improve cash flow and liquidity
- Analyze working capital metrics and identify opportunities for improvement, such as reducing inventory levels, optimizing payment terms, and accelerating cash conversion cycles
- 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
- 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 PowerPoint
- 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
- 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
- Preferably experience in the Healthcare industry
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.
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