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General Electric Senior Risk Manager - CFM56 Services in Cincinnati, Ohio

Job Description Summary

Use you finance and risk skills and experience to partner with our operating team. This pivotal role will be responsible for all financial duties of contract execution, contract margin reviews (CMR) and commercial risk management.

Job Description

Responsibilities :

Provide financial leadership

  • Partner with a cross-functional teams including, sales, customer department and business operations, to deliver long-term program modeling for contract negotiations on existing services contracts

  • Lead discussions and trainings with cross-functional teams on financial metrics and long-term revenue accounting

  • Collaborate with the operations team to manage Operations Plan budgeting, long term forecasting, and quarterly estimates

Contract Margin Review (CMR) support:

  • Partner with fleet model team to update fleet model and technical cost data in support of the contract modeling

  • Work with internal teams to perform analysis for CMR contracts

  • Create profitability charts for CMR and Deal Analysis support to Program Manager

  • Coordinate amongst peers in the execution and tracking of contract margin review pacing and issue resolution

Provide support for Commercial Actions:

  • Work with cross-functional team to identify and analyze potential contract commercial changes

  • Partner with internal team to develop standardized services contracts for key customers

  • Create Price Severity Matrices to account for changes in operating parameters of engines like Flight leg, Derate, and utilization etc.

  • Prepare Deal Review packages for leadership review meetings

Ad-Hoc Analysis:

  • Serve as functional lead on various critical initiatives

  • Support audits and/or improvement initiatives

  • Provide support on existing projects for other engine lines as needed

  • Other ad hoc analysis as needed

Requirements:

  • Bachelor's degree from an accredited university or college.

  • 6+ years of relevant finance/accounting experience.

Desired Characteristics:

  • Aviation Acumen: Strong understanding of Aviation Services accounting and airline operations

  • Leadership ability: strong communicator, decision-maker, collaborative

  • Problem solver: analytical-minded, challenges existing processes, critical thinker

  • Focused: quick learner, strategically prioritizes work, committed

  • Transparent: shares critical information, speaks with candor, contributes constructively

  • Humble: respectful, receptive, agile, eager to learn

Additional Information

GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer (https://assets.phenompeople.com/CareerConnectResources/GE11GLOBAL/en_global/desktop/assets/images/poster_screen_reader_optimized_w_supplement.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 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).

As a federal government contractor, GE may in the future be required to have U.S. employees fully vaccinated against COVID-19. Some GE customers currently have vaccination mandates that may apply to GE employees.

Relocation Assistance Provided: No

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