What are the responsibilities and job description for the Lead FP&A Operations Specialist - Cash Flow Planning & Analysis position at GE Vernova, Inc.?
Job Description Summary
This role will focus on cash flow planning & analysis at GE Vernova, Tier 1 segment, and Tier 2 business levels to drive free cash flow, daily cash management, working capital forecasting, & liquidity planning. This role will develop a strong partnership with the Income, Controllership, Treasury and IT teams to drive strategic cash initiatives. The successful candidate will have a solid understanding of the three financial statements, experience with variance analysis, and a keen interest in understanding and optimizing cash flow dynamics. This role offers an exciting opportunity to contribute to strategic financial decision-making processes and gain valuable experience in a high-exposure, fast-paced environment.
Job Description
Roles and Responsibilities
- Lead ongoing closing, reporting and analysis activities by collaborating with Segments and Tier 2 businesses as well as Corporate.
- Partner with Treasury on weekly direct cash models, including understanding non-FCF activity (CFIA and CFFA) in coordination with business FP&A teams.
- Partner with Treasury and tier 2 business FP&A teams to improve visibility and management of collections and disbursements.
- Drive cash culture through data visibility and scaling centralized reporting of actuals and forecasting methodologies.
- Assist in the preparation and analysis of monthly, quarterly, and annual cash flow forecasts.
- Monitor and analyze cash flow variances, identifying key drivers and trends.
- Collaborate with cross-functional teams to gather relevant data and insights to enhance cash flow forecasting accuracy.
- Support the development of financial models and tools to facilitate cash flow analysis and forecasting.
- Assist in the preparation of management reports and presentations related to cash flow performance and projections.
- Conduct ad hoc financial analysis to support strategic initiatives and decision-making processes.
- Provide recommendations to operational teams and Senior Leadership Team related to cash flow management and optimization.
- Stay updated on industry trends and best practices in cash flow management and financial analysis.
Qualifications & desired characteristics
If contracted in the US :
The base pay range for this position is 95,300 - 155,000 USD annual. The specific pay offered may be influenced by a variety of factors, including the candidate's experience, education, and skill set. This position is also eligible for a performance based bonus. This posting is expected to close on March 4th, 2025.
Healthcare benefits include medical, dental, vision, and prescription drug coverage; access to a Health Coach, a 24 / 7 nurse-based resource; and access to the Employee Assistance Program, providing 24 / 7 confidential assessment, counseling and referral services. Retirement benefits include the GE Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity resources and planning consultants. Other benefits include tuition assistance, adoption assistance, paid parental leave, disability insurance, life insurance, and paid time-off for vacation or illness.
General Electric Company, Ropcor, Inc., their successors, and in some cases their affiliates, each sponsor certain employee benefit plans or programs (i.e., is a "Sponsor"). Each Sponsor reserves the right to terminate, amend, suspend, replace, or modify its benefit plans and programs at any time and for any reason, in its sole discretion. No individual has a vested right to any benefit under a Sponsor's welfare benefit plan or program. This document does not create a contract of employment with any individual.
Additional Information
GE Vernova offers a great work environment, professional development, challenging careers, and competitive compensation. GE Vernova 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.
GE Vernova will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).
Relocation Assistance Provided : No
Salary : $95,300 - $155,000
