Lead Finance Specialist - Risk Management

Job Description Summary

Responsible to develop innovative solutions to deliver Customer outcomes and drive growth while managing company risk / reward Has knowledge of best practices and how own area integrates with others; is aware of the competition and the factors that differentiate them in the market

Job Description

Company Overview :

Working at GE Aerospace means you are bringing your unique perspective, innovative spirit, drive, and curiosity to a collaborative and diverse team working to advance aerospace for future generations. If you have ideas, we will listen. Join us and see your ideas take flight!

Site Overview :

For over 40 years, GE Aerospace has had a significant presence on the ground in the United Arab Emirates. With offices in Abu Dhabi and Dubai Airport Freezone; an On Wing Support Center; partnership engineering, testing, and Maintenance, Repair, and Overhaul facilities across the country; and the Middle East Technology Center focused on solutions for the region’s hot & harsh environment. In addition to career opportunities, our sites offer a culture focused on respect for people and giving back to the community through grants and philanthropic programming.

Role Overview :

Responsible to develop innovative solutions to deliver Customer outcomes and drive growth while managing company risk / reward Has knowledge of best practices and how own area integrates with others; is aware of the competition and the factors that differentiate them in the market

Essential Responsibilities

Financial Leadership for GENX services contracts

Partner with a cross-functional team (sales, contract performance managers, fleet model engineering, and business operations) to develop business cases, strategy and financial analysis to deliver long term profitability on existing services contracts

Drive cross-functional teams on key performance indicators to hold team accountable to financial metrics and contract profitability and cashflow performance

Work with the operations team to manage op plan and growth playbook forecasting, quarterly estimates, and quarter close activities

Contract Margin Review leadership

Be the Finance Leader for your region and work with the Triangle of Friendship (Finance, CPM, CPL) to update the long-term model and technical cost data in support of the contract modeling

Work with the engineering, operations, and sales support teams to perform analysis for contract Margin Reviews (CMRs) for existing MCPH Contracts

Conduct financial peer audits to ensure accuracy of modeling for other contracts during CMR periods

Financial leadership for Commercial Actions :

Be the voice of finance and risk management in deal restructuring and commercial negotiations, with the ability to challenge the deal structure to get to the best financial outcomes on every deal

Work with a cross-functional team to identify and document specific scenarios needed to run for changes to our commercial terms in the CSA contracts

Partner with Sales team and operations to develop standardized services contracts for key customers

Utilize technical runs provided by the data engineering team (OCE) to create scenarios within the modeling tool (Smartprice) for use in deal reviews during commercial actions

Utilize GE’s scenario manager tool to provide summaries of the Smartprice runs necessary for commercial actions

Prepare Price Severity Matrices to account for changes in operating parameters of engines, e.g. Flight leg, Derate, and utilization

Prepare Deal Review packages for review with leadership

Required Qualifications :

• This role requires advanced experience in the Finance & Commercial Finance Management. Knowledge level is comparable to a Bachelor's degree from an accredited university or college ( or a high school diploma with relevant experience).

Preferred Qualifications :

At GE Aerospace, we have a relentless dedication to the future of safe and more sustainable flight and believe in our talented people to make it happen. Here, you will have the opportunity to work on really cool things with really smart and collaborative people. Together, we will mobilize a new era of growth in aerospace and defense. Where others stop, we accelerate.

Additional Information

Relocation Assistance Provided : No

GE Aerospace is an Equal Opportunity Employer. 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.

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