Lead Finance Specialist - Risk Management

GE Renewable Energy Power and Aviation; Al Bihouth; On-site; USD 80,000 - 100,000; Full time

Job summary

A global aerospace firm in Abu Dhabi is seeking an experienced finance professional to drive financial leadership and develop innovative solutions. The role involves collaboration with cross-functional teams to ensure contract profitability and assist in commercial negotiations. Ideal candidates will possess advanced finance skills and a relevant degree or experience. Join to contribute to sustainable aerospace growth.

Qualifications

• Advanced experience in Finance & Commercial Finance Management.
• Knowledge level comparable to a Bachelor's degree or relevant experience.

Responsibilities

• Drive KPIs to hold teams accountable for financial metrics.
• Lead contract margin reviews and financial audits.
• Provide financial leadership during commercial negotiations.

Skills

Financial leadership

Communication skills

Problem-solving ability

Project management skills

Education

Bachelor's degree in Finance or relevant experience

Job description

Job Description Summary

Responsible for developing 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 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 in the United Arab Emirates, with offices in Abu Dhabi and Dubai Airport Freezone; an On Wing Support Center; partnership engineering, testing, and MRO facilities across the country; and the Middle East Technology Center focused on solutions for the region's hot & harsh environment. Our sites foster a culture of respect and community engagement through grants and philanthropic programming.

Role Overview:

Responsible for developing 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:

1. Financial leadership for GENX services contracts.
2. Partner with cross-functional teams (sales, contract performance managers, fleet model engineering, and business operations) to develop business cases, strategies, and financial analyses to ensure long-term profitability on existing services contracts.
3. Drive KPIs to hold teams accountable for financial metrics, contract profitability, and cash flow performance.
4. Collaborate with operations to manage operational planning, growth forecasting, quarterly estimates, and quarter-end activities.
5. Lead contract margin reviews.
6. Serve as the regional finance leader, working with the Triangle of Friendship (Finance, CPM, CPL) to update long-term models and technical cost data supporting contract modeling.
7. Coordinate with engineering, operations, and sales support teams for contract margin analysis and reviews.
8. Conduct financial peer audits to ensure modeling accuracy during CMR periods.
9. Provide financial leadership during commercial negotiations and deal restructuring, challenging deal structures to optimize financial outcomes.
10. Identify and document scenarios for changes in commercial terms in CSA contracts.
11. Partner with sales and operations to develop standardized service contracts for key customers.
12. Use data engineering outputs (OCE) to create scenarios within the Smartprice modeling tool for deal reviews.
13. Utilize GE's scenario manager tool to summarize Smartprice runs for commercial decisions.
14. Prepare Price Severity Matrices accounting for engine operating parameter changes.
15. Develop Deal Review packages for leadership review.

Required Qualifications:

Advanced experience in Finance & Commercial Finance Management. Knowledge level comparable to a Bachelor's degree from an accredited university or college, or a high school diploma with relevant experience.

Preferred Qualifications:

Strong communication skills, problem-solving ability, project management skills, and experience in documenting, planning, and executing programs.

At GE Aerospace, we are dedicated to the future of safe and sustainable flight. Join us to work on innovative projects with talented, collaborative people and help accelerate aerospace growth.

Additional Information

Relocation Assistance Provided: No