Assistant Commercial Finance Manager at GE - General Electric

Job Ref.: R3568359
Location: Victoria Island, Lagos
Category: Healthcare Finance

Job Description Summary

• You will be responsible for supporting the West Africa Commercial Finance Manager on finance activities for the West Africa region Local Customer Team (LCT).
• You will also lead the Financial, Planning and Analysis (FP&A) activities.

Responsibilities

• Own the wing to wing financial activities for big deals in Nigeria, Ghana and the West Africa sub region
• Support in the validation, document submission, follow up, cash collection and application
• 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 and supplier payment acceleration
• Support in cash flow estimation and requests of buying foreign currency from banks
• Support in ad hoc requests with different functions – Buy to pay, Record to Report,  controllership
• Lead GE Healthcare finance/business planning cycles including blue print review
• Participate in quarterly / yearly accounting closing processes
• Deliver Financial, Planning and Analysis (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 and 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 exposure reduction with operations team and other function

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/problem solving skills and ability to add value to operating teams.
• CPA, CFA, CMA, MBA or any other recognized external finance qualification
• Experience working in a global and matrixed business environment with sound understanding of global process and transactional flows
• 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