General Electric Finance Transition & Process Leader in Boston, Massachusetts

Role Summary:

A dedicated role has been established to successfully lead and oversee the process of separating and standing up the finance function outside GE.

Essential Responsibilities:

The finance lead is responsible for setting the direction across all finance sub-functional areas, establishing coordinated execution plans, and driving the execution of the transition plans. The lead is responsible for working with the overall Transition leadership and other functional transition leads, addressing functional specific issues, risks and dependencies and escalating cross functional issues, risks and dependencies as needed for resolution. The role will also execute opportunities to drive incremental finance process improvements and synergies where possible.

Provides overall leadership and decision making for the Finance transition workstream

  • Work with Finance and Transition leadership to understand strategic direction and translate into execution

  • Make key decisions to inform the planning and execution of the finance transition

  • Provide methodology for consistency and coordination across the Finance workstream

  • Establish finance transition timeline, milestones, and prioritize critical activities

  • Manage the entire finance end-to-end transition process, from planning through execution, to achieve key transition objectives

  • Monitor and report results

Develop Finance transition plans and identify synergy opportunities

  • Identify critical tasks at the functional level required to execute the transition efforts

  • Identify functional resources required, manage transition budget and longer term budget target

  • Manage the team through a thorough an assessment of company policies, processes and procedures to identify gaps and changes required for the new operating structure

  • Manage the team through functional stand-up of new roles, replacement roles for Global Operations services or alignment of resources transferred from Global Operations

  • Develop synergy opportunities and recommendations for functional structure

Manage execution of functional transition plan

  • Drive and direct transition team activities, including synergy execution

  • Identify significant change management issues and develop necessary action plans to address

  • Manage diverse team of cross company employees, follow-up with resources and assigned tasks

  • Determine cross-functional work stream requirements and engage with functional areas to address (e.g., name change, legal entity)

  • Identify key risks and issues and mitigate or escalate as necessary

  • Collaborate with functional teams to address cross functional dependencies

  • Specific functional projects include: TSA inputs and negotiation, TSA exit and replacement services post-close, systems separation and/or stand-up, Treasury function set-up, Global Operations alignment, Statutory and Tax reporting set-up

Provide updates to key stakeholders on an on-going basis

  • Monitor day to day progress of functional transition

  • Provide regular updates to PMO

  • Build consensus and buy-in with key stakeholders

  • Share progress and key decisions with functional leader and teams on an on-going basis

Qualifications/Requirements:

  • Bachelor's Degree in Finance or related field from an accredited university or college

  • Minimum of 10 years of finance experience in a large, matrixed organization (Including Experience with complex change management and/or organization development activities)

  • Minimum of 4 years of experience in a role demonstrating solid experience in difficult, transformation efforts Desired Characteristics:

  • MBA from an accredited university or college or equivalent graduate degree

  • GE Finance experience

  • Experience in treasury processes (e.g. banking strategy, cash management, liquidity planning, funding model set-up, factoring)

  • Experience in M&A accounting processes (e.g. financial valuation, goodwill calculation, opening balance sheet, etc.)

  • Ability to quickly come up the learning curve on complex transactions and financials

  • Experience with SAP and Hyperion

  • Experience with Legal Entity structure, set-up process, statutory accounting

  • Certified Six Sigma, Black Belt or Master Black Belt

  • Demonstrated project management skills

  • Strong analytic and decision-making abilities

  • Ability to prioritize and manage multiple, and at times, competing priorities and deliverables

  • Ability to comprehend, break-down and explain complex business concepts and/or processes, and connect the dots on operational implications beyond Finance function

  • Ability to work in a fast-paced environment with tight deadlines

  • Must be self-directed, with ability to work both independently and collaboratively

  • Must be flexible and able to adapt quickly to change

  • Strong written and verbal communication skills, as well as excellent organizational, time management, and follow-through skills

  • Demonstrated group facilitation skills

  • Ability to influence others and move toward a common vision or goal

  • Strong skills with PowerPoint, Excel, Word; Exposure to Visio, SharePoint and MS Project

About Us:

GE (NYSE:GE) drives the world forward by tackling its biggest challenges. By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely. GE people are global, diverse and dedicated, operating with the highest integrity and passion to fulfill GE’s mission and deliver for our customers. Learn More about GE

Current is a first-of-its-kind energy company designed to meet the unique needs of a wide range of Commercial & Industrial, municipal and utility customers. It brings together capabilities including LED lighting and Solar technologies, along with new financing and software solutions to offer integrated energy solutions aimed at delivering increased reliability, efficiency and profitability.

Join us and you’ll find yourself in a dynamic atmosphere working with the most talented people in the industry in an open, developmental environment with abundant opportunities to learn, grow and advance within the organization.

Note: GE announced it has signed a proposed agreement to sell Current, powered by GE to American Industrial Partners (AIP), a New York-based private equity firm.

GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer at http://www.ge.com/sites/default/files/15-000845%20EEO%20combined.pdf . 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.

Locations: United States; Massachusetts; Boston

GE will only employ those who are legally authorized to work in the United States for this opening.