CFO, Power Sensing & Regulation

This is a fully remote position, open to applicants in United States.

📋 Description

• Act as the strategic finance partner to the PS&R Leader, reporting directly to the Global Power Transmission CFO.

• Propel profitable growth, enhance margins, and generate cash flow across Power Quality Products, Instrument Transformers, Bushings, Voltage Regulators, and Prolec Components.

• Collaborate with the PS&R Leader to develop and execute business plans.

• Take ownership of the P&L statement, balance sheet, and free cash flow across various businesses, regions, and sites.

• Implement consistent reporting, planning, controls, and performance metrics across the integrated businesses.

• Identify and realize integration synergies while confirming their benefits and associated costs.

• Spearhead long-term planning, budgeting, and forecasting initiatives.

• Connect market demand, orders, backlog, production capacity, and resources to financial outcomes.

• Conduct operating reviews by business, product, and site, and drive prompt actions to address performance gaps.

• Develop insights into product and customer profitability related to pricing, mix, and cost competitiveness.

• Collaborate with Commercial teams on pricing, tenders, and contract terms that safeguard margin, cash, and risk.

• Partner with Operations, Engineering, and Sourcing to reduce costs through material savings, product standardization, labor efficiency, and Lean initiatives.

• Transform factory loading, labor use, output, and delivery results into financial actions while identifying execution risks.

• Enhance inventory management, work in progress, billing, overdue receivables, and supplier payment terms.

• Review capital expenditures, capacity expansions, and product development with robust business cases.

• Ensure accurate and compliant reporting in collaboration with Controllership.

• Streamline finance processes and enhance automation and analytics capabilities.

• Expand the PS&R finance team, clarify roles, and foster relationships across legacy organizations, sites, and Power Transmission finance.

⛳️ Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.

• At least 10 years of progressive finance experience, including leadership of business or operational finance teams.

• Significant progressive finance experience with a proven track record of leading business or operational finance teams.

• Experience in supporting an industrial manufacturing business, ideally involving multiple products, sites, or business units.

• Proficient in P&L management, balance sheet controls, financial planning, and cash generation.

• Strong operational finance skills including product costing, manufacturing productivity, inventory, capacity planning, and capital investment.

• Commercial finance skills encompassing pricing, product profitability, tender evaluation, and contract risk management.

• Experience in the electrical equipment or components sector is preferred.

• Background in integrating acquired businesses, aligning finance processes across various systems, and enhancing processes through standardization, automation, and data is preferred.

• Ability to influence leaders across functions and regions, explaining how pricing, volume, mix, and productivity impact results is preferred.

• Must be legally authorized to work in the United States.

🏝️ Benefits

• Competitive compensation.

• Opportunities for professional development.

• Engaging and challenging career paths.

• Comprehensive medical, dental, vision, and prescription drug coverage.

• Access to a Health Coach from GE Vernova, a 24/7 nurse-based resource.

• Employee Assistance Program offering 24/7 confidential assessment, counseling, and referral services.

• GE Vernova Retirement Savings Plan.

• Tax-advantaged 401(k) savings plan with company matching contributions and retirement contributions.

• Fidelity resources and financial planning consultants available.

• Tuition assistance program.

• Adoption assistance offered.

• Paid parental leave provided.

• Disability benefits included.

• Life insurance coverage.

• 12 paid holidays each year.

• Permissive time-off policy.

• Discretionary annual bonus potential.

• Remote work position available.

• Relocation assistance is not provided.