Job Description Summary The Finance Director International Cash is responsible for developing and implementing strategic initiatives for the International Region, being focused on accelerating cash collections, reducing Days Sales Outstanding (DSO), and maximizing working capital efficiency. He/She is responsible of leading a team of cash leaders, analyzing customer credit profiles, and implementing best practices to streamline collections processes.The Finance Director International Cash collaborates with cross-functional teams to drive working capital improvement initiatives, such as inventory management and unbilled. This role requires strong leadership, analytical skills, and a deep understanding of financial principles.The Finance Director International Cash plays a crucial role in driving financial performance by ensuring efficient cash management, minimizing bad debt exposure, and optimizing working capital utilization for the region.The role can be based anywhere in the international region (preferably India or Hungary, but open to all other countries between the UK and India having a GE HealthCare presence) with a high workplace flexibility!Job DescriptionYour ResponsibilitiesManaging the region cash collection resources effectively, ensuring optimal working capital. Responsible for overseeing all aspects of cash collection processes & outcome in the region. This includes developing and implementing cash collection policies and proceduresDevelop and execute strategic initiatives to optimize collections processes and reduce Days Sales Outstanding (DSO) across all customer segmentsDrive forecasting accuracy improvement, and ensure zones are accountable for delivering on targets & forecasts, with clear visibility on variancesLead 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 exceededCentralize reporting, forecasting & analysis to ensure reviews with zones focused on operational performance and actionsDrive improved billing quality & predictability to minimize collection delaysLead cash standardization & simplification initiatives across all international zones, including delivery model, organization & outsourcing strategy & managementAnalyze customer payment behavior, aging reports, and credit profiles to prioritize collection efforts and minimize bad debt exposureImplement best practices and leverage technology solutions to streamline collections workflows and improve efficiency & predictabilityOversee working capital management initiatives, including accounts receivable, unbilled, and inventory, to improve cash flow and liquidityPartner with cross-functional teams to implement working capital improvement projects, driving process efficiencies and maximizing cash flowDevelop and implement credit risk strategies to minimize bad debt losses while supporting sales growth objectivesPrepare and present to the high leadership financial reports related to collections, and working capital to identify trends, variances, and improvement opportunitiesProvide regular updates and insights to senior management on key performance indicators (KPIs) related to collections & billing effectiveness, and working capital efficiencyCollaborate with Finance and Accounting teams to ensure accurate and timely reporting metrics and performanceDrive continuous improvement initiatives to enhance processes, streamline workflows, and improve overall efficiencyLead change management efforts to ensure successful adoption of new processes and technologies within the cash functionCultivate strong relationships with internal stakeholders, including zone cash leaders & CFOs, Sales, Service, and Operations teams, to facilitate timely resolution of customer disputes and billing inquiriesYour experience and qualifications:Bachelor’s degree in accounting, business administration with relevant accounting backgroundStrong previous experience in a regional leadership role in finance cash management, controllership, Financial planning & analysisBig picture thinking/creative problem solving ability to identify roadblocks, connect the dots to find solutionsExcellent communication skills: experience working across different levels (incl C-suite); able to synthesize complexity and communicate concisely verbally and on power pointEffective people management skills and an ability to influence in a matrix organizationHighly organized, self-starter with a sense of urgency in a fast paced environment to balance multiple priorities and possess high accountability to deadlines and resultsStrong analytic skills & precision with numbers: able to clearly link financial results to operational performance drivers, generate alternatives and drive positive changeIntegrity: Accepting and adhering to high moral, ethical, and personal values in decisions, communications, actions, and when dealing with othersSolid excel skills: experience with financial modellingPreferred Qualifications: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 Financial acumenPreferably experience in the large industrial multi-national companiesMatured Leadership : strong influencing skills across business functions;Confidence to approach all levels of management and staff and facilitate necessary dialogueAdaptable/Flexible: ability to deal with high level of work stress due to deadlines and open to change in response to unexpected/ambiguous situationsHigh understanding of the GE HealthCare financial and commercial processes
Employees from all countries within international region are welcome to apply
*APPLICATIONS ARE WELCOME IN ALL COUNTIRES WITHIN THE INTERNATIONAL REGIONAbout usGE 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. We operate at the center of an ecosystem working toward precision health - digitizing healthcare, helping drive productivity and improving outcomes for patients, providers, health systems and researchers around the world.Our total rewards are designed to unlock your ambition by giving you the boost and flexibility you need to turn your ideas into world-changing realities. Our salary and benefits are everything you’d expect from an organization with global strength and scale, and you’ll be surrounded by career opportunities in a culture that fosters care, collaboration and support.GE HealthCare is an Equal Opportunity Employer where inclusion matters. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.GE HealthCare - Creating a world where healthcare has no limitsAdditional InformationRelocation Assistance Provided: No
