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

Job Description Summary

This role is a business partner to the CFM56 Services operating team responsible for financial performance on select customer agreements. This role is accountable for all financial responsibilities of contract execution, contract margin reviews and commercial actions.

Job Description

Responsibilities :

Provide financial leadership for CFM56 CSAs;

  • Partner with a cross-functional team (sales, CPMs, CPS, OCE, 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 Op Plan budgeting, long term forecasting, and quarterly estimates

Contract Margin Review support:

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

  • Work with CPS/OCE teams to perform analysis for Contract Margin Reviews (CMRs) for existing MCPH Contracts

  • Create profitability walks for Contract Margin Reviews and Deal Analysis support to Program Manager

  • Coordinate amongst peers in the execution and tracking of CMR pacing and issue resolution

Provide support for Commercial Actions:

  • Work with cross-functional team (SSD, OCE, and CSD’s) to identify and analyze potential contract commercial actions

  • Partner with Sales team and CPMs 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 initiatives critical to the CFM56 services team

  • Support various Smartprice, CMR, productivity, and CA audits and/or improvement initiatives

  • Provide support on existing deals and CMRs for other engine lines as needed

  • Other ad hoc analysis as needed

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

  • To comply with US immigration and other legal requirements, it is necessary to specify the minimum number of years' experience required for any role based within the USA. For roles outside of the USA, to ensure compliance with applicable legislation, the JDs should focus on the substantive level of experience required for the role and a minimum number of years should NOT be used.

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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