Financial Analyst - AC NPI

Job Location

USA, Louisville, KY

Job Posting Title

Financial Analyst - AC NPI

The Challenge

THE CHALLENGE

The Financial Analyst - AC NPI reports to the Product Finance Director – Air Conditioning. This role is responsible for leading all aspects of Air Conditioning new product introduction (NPI) financials with a combined gross revenue of ~$700MM across two microenterprises. In addition, it provides key financial support in strategic planning and forecasting including annual 3-5 year long range plan, annual operating budget and monthly short range forecast.

What you will Do

WHAT YOU WILL DO

• Lead financial analysis related t o new product introduction (NPI ) programs for air conditioning products that include Window and Portable AC , Purifiers, Dehumidifiers , and Built-In/TTW (Through the Wall) primarily sold through Retail Channel and Ductless, PTAC, Vertical, and RV AC primarily sold through Distributors in Air & Water Channel . Analysis includes cost/benefit and payback calculations and future business c ommercial and cost financial impact.
• Serve as key finance person in interaction with cross-functional program teams, including indi viduals from Technology, Product Management , and other Finance functions in setting standard costs and tracking actual costs post launch . Frequent communication with multiple program managers is essential . Will also lead with Commercial Directors industry and competitor analysis to validate potential outcomes for volume and price.
• Lead role for measuring all program benefits and spending to achieve financial commitments. Develop and utilize risk management tools and concepts to ensure flawless execution of programs.
• Lead all financial preparation and presentations during monthly formal program tollgate reviews including Financial, Marketing, and Program reviews . Drive accountability for variances to plan and delays in program execution .
• L ead mon thly NPI tracking and reporting analysis post launch including orders, sales, margin , implementation costs , and other NPI scorecard measurements
• Provide additional support of Programs including Technology, Quality and Supply Chain (other elements of R&D)
• Provide detailed NPI program financials including volume, sales, and profit margin metrics
• Work with Technology and Product Management team s to roll up multi-year NPI spend budget (R&D)
• Complete monthly NPI investment and expense forecast and variance analysis
• Own monthly closing and quarterly account reconciliation requirement for Air Conditioning products
• Provide ME team’s with regular sales and financial visibility through recurring and ad-hoc reporting and analysis

What you need to Succeed

WHAT YOU NEED TO SUCCEED

• Bachelor’s degree in Accounting, Finance, or related field.
• Minimum of three (3) years’ Finance experience.
• GEA Finance Competencies and Skill Level Needed:
• Financial Management – Proficient
• Communication Ability - Proficient
• Controllership/Risk Management - Developing
• Operational Execution - Developing
• Business Partnership – Developing
• Strong analytical, leadership, time-management and communication skills.
• Ability to work effectively on cross-functional teams.
• Results oriented, process focused, self-starter.
• Strong systems skills, i.e. Excel, PowerPoint , Access, and Oracle/ERP reporting tools.

GE Appliances 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.