Power Transformers CFO

GE Vernova, Inc.; Chicago (IL); Remote; USD 260,000 - 350,000; Full time

Benefits offered by this job

Relocation assistance

Remote work option

Discretionary annual bonus

Job summary

GE Vernova is seeking a Chief Financial Officer for the Power Transformers business to partner with the Product Line General Manager and govern a global finance function supporting a $2.5B+ revenue stream. The role drives profitability, capital allocation and cash generation across regions and manufacturing sites.

The CFO will lead planning, budgeting and forecasting, enhance standardization, automation and analytics, and mentor a high-performing global finance team to strengthen business

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics or a related discipline with substantial progressive finance experience.
• Experience leading finance for a complex industrial or manufacturing business with P&L performance, balance sheet management and cash generation.
• Strong operational finance expertise, including manufacturing cost structures, capacity planning, labor utilization, inventory, capital investment and productivity.
• Commercial and project finance experience, including pricing, contract risk assessment, project margin reviews and management of long cycle customer contracts.
• Demonstrated ability to translate business strategy into actionable plans, challenge assumptions constructively and drive delivery of financial commitments.
• Experience leading global teams and influencing decisions across a matrix organization, with credibility to partner with senior leaders.
• Track record of improving margins, working capital and forecast accuracy while maintaining strong financial controls.
• Experience driving transformation through standardization, process improvement, automation and organizational change.
• Strong analytical judgment and communication skills, turning complex information into clear recommendations.
• Commitment to developing talent, building inclusive teams and maintaining high integrity and accountability.
• Professional accounting qualification or advanced degree, experience in power equipment or transformers, and exposure to acquisition integration would be advantageous.

Responsibilities

• Partner with the Product Line General Manager to shape and execute business strategy, aligning growth priorities, manufacturing capacity, investment decisions and financial commitments.
• Lead financial performance across the product line, with accountability for the P&L, balance sheet and free cash flow, ensuring ownership and delivery of commitments across regions and sites.
• Lead long-term strategic planning, annual budgeting and forecasting, connecting market demand, backlog, production capacity and resource needs to financial outcomes.
• Drive operating reviews that identify performance gaps, assess risks and opportunities, and establish corrective actions with measurable outcomes.
• Partner with manufacturing and supply chain leaders on S&OP, translating production hours, labor utilization, productivity, factory output and delivery performance into financial insights.
• Strengthen project margin management through reviews of cost estimates, execution progress, contingencies and contractual exposures.
• Partner with Commercial leadership on pricing, deal underwriting, contract negotiations and risk reviews.
• Drive cost competitiveness with Operations, Engineering and Sourcing through productivity and Lean initiatives.
• Lead working capital improvement focusing on inventory, billing milestones, collections and supplier terms.
• Evaluate and oversee capex and capacity expansion programs with sound business cases and delivery of returns.
• Support footprint optimization, restructuring and acquisition integration with finance alignment.
• Ensure accurate financial reporting, balance sheet integrity and adherence to controls and authorities.
• Simplify and standardize finance processes across sites with automation and analytics.
• Build and develop a strong global finance team and cross-functional collaboration across product line and corporate teams.

Skills

P&L ownership

Cash generation

Financial transformation

Analytical judgment

Education

Bachelor's degree in Finance, Accounting, Economics or related discipline

Professional accounting qualification or advanced degree

Job description

Job Description Summary

The Power Transformers CFO will serve as the strategic finance partner to the Product Line General Manager, with financial responsibility for a global business generating more than $2.5 billion in annual revenue. Reporting directly to the Global Power Transmission CFO, this leader will drive profitable growth, margin expansion and cash generation while supporting manufacturing capacity expansion and disciplined capital allocation.

As a member of the product line leadership team, the CFO will translate business strategy into financial and operational plans, strengthen commercial and execution discipline, and improve performance across the global manufacturing footprint. The role will lead a global finance organization, developing talent and advancing standardization, automation and analytical capabilities to strengthen Finance’s contribution to business decisions.

Job Description

Key Responsibilities:

• Partner with the Product Line General Manager to shape and execute business strategy, aligning growth priorities, manufacturing capacity, investment decisions and financial commitments.

• Lead financial performance across the product line, with accountability for the P&L, balance sheet and free cash flow, ensuring clear ownership and delivery of commitments across regions and operating sites.

• Lead long term strategic planning, annual budgeting and forecasting, connecting market demand, backlog conversion, production capacity and resource requirements to financial outcomes.

• Drive operating reviews that identify performance gaps early, assess risks and opportunities, and establish corrective actions with measurable outcomes.

• Partner with manufacturing and supply chain leaders on sales and operations planning, translating production hours, labor utilization, productivity, factory output and delivery performance into financial insights and actions.

• Strengthen project margin management through rigorous reviews of cost estimates, execution progress, contingencies and contractual exposures, driving early intervention to protect profitability.

• Partner with Commercial leadership on pricing, deal underwriting, contract negotiations and risk reviews, ensuring order quality, margin protection and appropriate payment terms.

• Drive cost competitiveness with Operations, Engineering and Sourcing through material productivity, design improvements, labor efficiency, overhead discipline and Lean initiatives.

• Lead working capital improvement, with particular focus on inventory, billing milestones, collections, overdue receivables and supplier payment terms.

• Evaluate and oversee capital expenditure and capacity expansion programs, ensuring sound business cases, execution discipline and delivery of expected financial and operational returns.

• Support footprint optimization, restructuring and acquisition integration, including financial evaluation, synergy delivery and alignment of finance processes and controls.

• Ensure accurate financial reporting, balance sheet integrity and adherence to accounting policies, internal controls and delegated authorities, in partnership with Controllership.

• Simplify and standardize finance processes across sites and regions, expanding automation and digital analytics to improve insight, forecast reliability and finance productivity.

• Build and develop a strong global finance team, strengthening business partnership, accountability, succession planning and collaboration across product line, regional and corporate teams.

What We’re Looking For

• Bachelor’s degree in Finance, Accounting, Economics or a related discipline, with substantial progressive finance experience and demonstrated success in senior leadership roles.

• Experience leading finance for a complex industrial or manufacturing business, with responsibility for P&L performance, balance sheet management and cash generation.

• Strong operational finance expertise, including manufacturing cost structures, capacity planning, labor utilization, inventory, capital investment and productivity.

• Commercial and project finance experience, including pricing, contract risk assessment, project margin reviews and management of long cycle customer contracts.

• Demonstrated ability to translate business strategy into actionable plans, challenge assumptions constructively and drive delivery of financial commitments.

• Experience leading global teams and influencing decisions across a matrix organization, with the credibility to partner effectively with senior business and functional leaders.

• A track record of improving margins, working capital and forecast accuracy while maintaining strong financial controls.

• Experience driving transformation through standardization, process improvement, automation and organizational change.

• Strong analytical judgment and communication skills, with the ability to turn complex information into clear recommendations and decisions.

• A proven commitment to developing talent, building inclusive teams and maintaining high standards of integrity and accountability.

• A professional accounting qualification or advanced degree, experience in power equipment or transformers, and exposure to acquisition integration would be advantageous.

GE Vernova offers a great work environment, professional development, challenging careers, and competitive compensation. GE Vernova is an Equal Opportunity Employer (https://www.eeoc.gov/sites/default/files/2022-10/22-088_EEOC_KnowYourRights_10_20.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.

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: Yes

#LI-Remote - This is a remote position

For candidates applying to a U.S. based position only:

Bonus eligibility: discretionary annual bonus.

This posting is expected to remain open for at least seven days after it was posted on أكتوبر 27, 2026.

Available benefits include medical, dental, vision, and prescription drug coverage; access to Health Coach from GE Vernova, 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 Vernova Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity Executive Services. Other benefits include tuition assistance, adoption assistance, paid parental leave, disability benefits, life insurance, 12 paid holidays, and permissive time off, and the Restoration Plan, a nonqualified plan with company credits on eligible pay above IRS limits.

GE Vernova Inc. or its affiliates (collectively or individually, “GE Vernova”) sponsor certain employee benefit plans or programs GE Vernova 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 GE Vernova welfare benefit plan or program. This document does not create a contract of employment with any individual.

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.