GSI Lead Commercial Finance Specialist
Location
Staffordshire | United Kingdom
Job description
Job Description Summary
Become part of a winning team and help to deliver the Green Energy transition.
Lead finance professional requiring extensive knowledge and experience of Commercial Finance daily activities and Grid business, critical thinking and autonomy to support commercial operating rhythm and decision making.
Actively developing innovative solutions to deliver Customer outcomes and drive profitable growth while managing company risk/reward. Interprets internal targets and external business challenges and recommends best practices to improve products, processes and services.
Proposes and supports implementation of initiatives to preserve and improve Company Profitability and Working Capital.
Learns about market practices, industry trends, statutory constraints and economic factors that may influence negotiation and execution.
Reports to Business Line Finance structure and is aligned with GSI priorities, supporting BL Commercial Leader along with Comm Ops, Sales Ops and other supporting functions to meet BL short and long-term goals and strategy.
Job Description
Roles and Responsibilities
Essential Responsibilities
- In partnership with GSI Commercial Finance Leader, drive and contribute in cross-functional initiatives aiming at implementing / improving commercial processes (policies, automation, standardisation, digitisation); aligning standards to market best practices and eliminating process waste and defects.
- Evaluate deal economics from a financial risk-reward perspective, actively participating and supporting leadership reviews and decision making; joining customer and consortium-partner/subcontractor meetings and negotiations whenever applicable.
- Review bids and contracts to identify and mitigate Commercial Finance risks, work with the Sales / Commercial Operations / Tax / Treasury / Legal and other teams to structure deals that maximize profitability and minimize risk exposure.
- Structure transaction Terms & Conditions to optimize revenue recognition, cash collection and reduce financial risk.
- Assess and advise upon customer, subcontractor and partners creditworthiness, payment securities and financing structures prior to bid submission.
- Lead and manage ITO Trade Finance Instruments (guarantees) with Treasury, covering wording negotiation, internal reviews and approvals, timely issuance and closing. Identifies Foreign Exchange exposure and seeks necessary protections. Supports other financial topics and provisions foreseen as part of the contracts.
- Focus on strengthening of Commercial and Finance processes to drive growth, improvement and accuracy of metrics such as Orders, margins, convertibility and down payments, observing and reinforcing the applicable policies and instructions for recognition and reporting.
- Responsible for critical activities in planning, forecasting, reporting and analysis of Orders / Margins / Down Payments / Convertibility and other commercial metrics as part of Commercial Finance operating rhythm.
- Participate and lead in specific projects as defined by Business Line Finance and Commercial leadership.
Qualifications / Requirements
- Degree in finance, accounting, or related field from an accredited college or university or equivalent experience.
- Demonstrated and relevant recent experience
- Advanced technical skills in Excel, Word and PowerPoint to analyse information to build reports and presentations.
Desired Characteristics
- Clear thinking / problem solving: able to partner in cross-functional projects/process improvement within operations/finance function; grasps new ideas quickly and retrieves insights from a great amount of data.
- Excellent Strategic Thinking / Assertiveness: exceptional influencing skills across business functions; confidence to approach business leaders to communicate in moments of conflict and defend positions to secure business objectives while driving financial targets
- Able to anticipate, identify, propose, and resolve complex financial issues.
- Demonstrated business acumen & project management skills.
- Excellent leadership, technical and change agent skills.
- Exceptional facilitation skills.
- Extensive prior experience in commercial Finance and/or in the energy industry.
- Demonstrated team leadership ability in matrix environment.
The North Europe Grid System Integration (GSI) team delivers a wide range of turnkey high voltage AC and DC transmission projects to its Customers in the UK, Ireland, and Scandinavia.
Grid Solutions, a GE Renewable Energy business, serves customers globally with over 13,000 employees. We provide power utilities and industries worldwide with equipment, systems and services to bring power reliably and efficiently from the point of generation to end power consumers. Grid Solutions is focused on addressing the challenges of the energy transition by enabling the safe and reliable connection of renewable and distributed energy resources to the grid. We electrify the world with advanced grid technologies and accelerate the energy transition.
About GE Grid Solutions:
At GE Grid Solutions we are electrifying the world with advanced grid technologies. As leaders in the energy space our goal is to accelerate the transition for a more energy efficient grid to full fill the needs of tomorrow. With a focus on growth and sustainability GE Grid Solutions plays a pivotable role in integrating Renewables onto the grid to drive to carbon neutral. In Grid Solutions we help enable the transition for a greener more reliable Grid. GE Grid Solutions has the most advanced and comprehensive product and solutions portfolio within the energy sector.
Why we come to work:
At GE Renewable Energy, our engineers are always up for the challenge - and we’re always driven to find the best solution. Our projects are unique and interesting, and you’ll need to bring a solution-focused, positive approach to each one to do your best. Surrounded by committed, loyal colleagues, if you can dare to bring your ingenuity and desire to make an impact, you’ll be exposed to game-changing, diverse projects that truly allow you to play your part in the energy transition.
What we offer:
A key role in a dynamic, international working environment with a large degree of flexibility of work agreements
Competitive benefits, and great development opportunities - including private health insurance.
Additional Information
Relocation Assistance Provided: No
Job tags
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