Power Sensing & Regulation CFO

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

📋 Description

• Act as a strategic finance partner to the PS&R Leader and report directly to the Global Power Transmission CFO

• Oversee finance for Power Quality Products, Instrument Transformers, Bushings, Voltage Regulators, and Prolec Components

• Propel profitable growth, enhance margins, and generate cash across the entire portfolio

• Collaborate with the PS&R Leader to construct and present business plans

• Manage P&L, balance sheet, and free cash flow across various businesses, regions, and sites

• Create uniform reporting, planning, controls, and performance metrics throughout the combined businesses

• Detect and realize integration synergies and validate their benefits and costs

• Lead the processes for long-term planning, budgeting, and forecasting

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

• Conduct operational reviews by business, product, and site, and initiate corrective actions

• Provide insights into product and customer profitability, aiding in pricing, tenders, and contract terms

• Collaborate with Operations, Engineering, and Sourcing on cost reduction, product standardization, labor efficiency, and Lean initiatives

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

• Evaluate capital expenditures, capacity expansions, and product development business cases

• Ensure accurate and compliant reporting in collaboration with Controllership

• Streamline finance processes while increasing automation and analytics

• Expand the PS&R finance team, define roles, and foster collaboration 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

• Experience in supporting an industrial manufacturing business, preferably with multiple products, sites, or business units

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

• Operational finance expertise: product costing, manufacturing efficiency, inventory management, capacity planning, and capital investments

• Commercial finance capabilities: pricing strategies, product profitability analysis, tender assessments, and contract risk management

• Preferred experience in electrical equipment or components

• Previous experience in integrating acquired businesses, aligning finance processes across different systems, and enhancing processes through standardization, automation, and data is preferred

• Ability to influence leaders across various functions and regions, articulating how pricing, volume, mix, and productivity impact results

• Must possess legal authorization to work in the United States

🏝️ Benefits

• Eligibility for discretionary annual bonuses

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

• Access to health coaching with a 24/7 nurse-based resource

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

• Participation in the GE Vernova Retirement Savings Plan

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

• Company contributions to retirement plans

• Access to Fidelity resources and financial planning consultants

• Tuition assistance programs

• Adoption support services

• Paid parental leave

• Disability benefits

• Life insurance coverage

• 12 paid holidays annually

• Permissive time off policy

• Opportunities for professional development

• Relocation assistance is not provided