CFO, Power Transformers

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

📋 Description

• Collaborate with the Product Line General Manager to define and implement business strategy.

• Oversee financial performance across the product line, managing P&L, balance sheet, and free cash flow.

• Direct long-term strategic planning, annual budgeting, and forecasting efforts.

• Conduct operational reviews to identify performance gaps, evaluate risks and opportunities, and implement corrective actions.

• Work alongside manufacturing and supply chain leaders on sales and operations planning.

• Enhance project margin management through cost estimation, execution, contingency planning, and contractual exposure reviews.

• Collaborate with Commercial leadership on pricing strategies, deal underwriting, contract negotiations, and risk assessments.

• Promote cost competitiveness in collaboration with Operations, Engineering, and Sourcing through productivity, design, labor, overhead, and Lean initiatives.

• Lead improvements in working capital management, including inventory, billing milestones, collections, receivables, and supplier payment terms.

• Assess and manage capital expenditure and capacity expansion initiatives.

• Assist in footprint optimization, restructuring efforts, and acquisition integration processes.

• Ensure precise financial reporting, maintain balance sheet integrity, and adhere to accounting policies and internal controls.

• Streamline and standardize finance processes, increasing automation and digital analytics capabilities.

• Build and nurture a robust global finance team.

⛳️ Requirements

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

• Significant progressive finance experience with proven success in senior leadership positions.

• Experience leading finance operations for a complex industrial or manufacturing organization, with accountability for P&L performance, balance sheet oversight, and cash generation.

• Strong operational finance knowledge, encompassing manufacturing cost structures, capacity planning, labor utilization, inventory management, capital investment, and productivity.

• Background in commercial and project finance, including pricing strategies, contract risk evaluation, project margin assessments, and management of long-term customer contracts.

• Ability to translate business strategies into actionable plans, constructively challenge assumptions, and ensure the achievement of financial commitments.

• Experience managing global teams and influencing decisions within a matrixed organization.

• Proven track record of enhancing margins, working capital, and forecast accuracy while upholding strong financial controls.

• Experience driving transformation through standardization, process enhancements, automation, and organizational change.

• Strong analytical judgment and excellent communication skills.

• Commitment to talent development, fostering inclusive teams, and upholding high standards of integrity and accountability.

• Professional accounting certification or advanced degree, experience in power equipment or transformers, and familiarity with acquisition integration are desirable.

• Legally authorized to work in the United States.

• Successful completion of a drug screening, as applicable.

🏝️ Benefits

• Discretionary annual bonus.

• Medical, dental, vision, and prescription drug coverage.

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

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

• GE Vernova Retirement Savings Plan.

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

• Access to Fidelity Executive Services.

• Tuition assistance available.

• Adoption assistance offered.

• Paid parental leave.

• Disability benefits provided.

• Life insurance coverage.

• 12 paid holidays per year.

• Permissive time off policy.

• Restoration Plan offering company credits on eligible pay exceeding IRS limits.

• Relocation assistance available.