Financial Controller - West Africa at GE - General Electric

Ref No: R3589419
Location: Victoria Island, Lagos
Category: Healthcare Finance

Job Description Summary

• You will provide technical Controllership guidance to both finance and operations leaders for a specialist area within controllership, and/or support to Zone controller
• You will also manage the controllership team in West Africa.

Responsibilities

• Establish standard operating procedures (SOPs) for operational and transactional processes impacting the financial statements, including closing, reporting and analysis
• Drive consistent and effective policies and procedures during monthly/quarterly close process including account reconciliations, account reconciliation audits, GE Data Request (DR) submissions, representation letters and adjusting entries.
• Monitor and Drive GE and GEHC initiatives, simplification projects and integration projects. Provide leadership on these projects.
• Plan and budget the resources necessary to complete all activities on-time and in accordance with authoritative guidance.
• Ensure that the balance sheet account reconciliations are completed within corporate guidelines
• Ensure US, GE and local GAAP finance records are maintained in timely, accurate and complete fashion
• Ensure Controllership and Compliance of all Finance Activities and Documentation within Local Statutory, GE Corporate and Business practices, policies and requirements
• Ensure compliance with provided requirements
• Proactively lead adherence to GE GAPs
• Perform quality assurance on all documentation.
• Research and advise on complex technical accounting issues
• Support commercial and operations leaders/teams to understand financial/accounting implications of transactions and other matters by providing GE expertise and technical accounting guidance.
• Reports finance status and key metrics to the Business Zone Controller
• Special projects related to internal control over financial operations and reporting as determined by Business Zone Controller and West Africa CFO.
• Drive business growth through simplification processes with P&L and Functional Finance Leaders
• Participate in annual pre-close and monthly controllership reviews with key operations and financial management personnel.
• Partner with GE Corporate Audit Staff and Internal audit for internal GE compliance reviews. Drive closure of open audit issues and proactively work to prevent future issues / manage risk. Lead resulting corrective action process implementation and follow up throughout the organization.
• Perform financial analysis of balance sheet accounts to ensure compliance, integrity of account balances/financial reporting and effectiveness of business processes.
• Manage relationship with auditors to drive efficient and effective audit processes (audit planning, debrief meeting, audit fees etc.)
• Partner with GE Healthcare Tax leader to manage the relationship with Tax Advisors to drive efficient and effective tax processes (CIT/ VAT/WHT tax returns preparation, tax audit support, FAS 109 completion)
• Ensure readiness for tax field audits and establish right archiving mechanism for processes owned by GEHC and monitor/test archiving mechanism for processes owned by business teams and BPOs and ensure compliance
• Work closely with financial and operational leadership to pro-actively assess and manage financial risk. Identify potential risks and opportunities and communicate effectively. Interpret finance risks and opportunities to local circumstances and present workable solutions.

Qualifications

• Graduate (BA /B.Sc or MBA) in Finance with progressive accounting and finance experience including developing forecasts and operating plans and leading business / finance reviews.
• Demonstrated proficiency in U.S. GAAP, local GAAP and authoritative accounting literature (i.e. FASB pronouncements).
• Experience working in a global business environment with sound understanding of global process and transactional flows.
• Excellent verbal and written communication skills and the ability to communicate complex business issues in a clear/concise manner.
• Strong analytical skills: able to clearly link financial results to operational performance drivers, generate alternatives and drive positive change.
• Clear thinking/problem solving: successfully led projects/process improvements within operations/finance functions; 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.
• Experience working in a matrix environment.
• Experience leading in a global business environment; minimum of two years’ experience leading team members.