Commercial Finance Manager

**Job Description Summary**:
**About us**:
GE Renewable Energy is one of the world's leading offshore wind energy companies, with a portfolio of offshore wind turbines ranging from 6 MW to 14 MW that offer increased value to customers with proven performance, reliability, efficiency and availability. We have invested more than $400 million to develop the Haliade-X, an investment that will also drive down offshore wind farms’ levelized cost of energy, helping make offshore wind energy more competitive for our customers. The Haliade-X was the industry’s first 14MW offshore wind turbine to operate, and is the only 12+MW offshore wind turbine platform that has been operating for over two years, specifically at its Rotterdam prototype site.

**Essential Responsibilities**:

- Act as key point of contact for all commercial finance topics in North America, Europe, and Asia. Partner with regional commercial team
- Lead cross-functional initiatives such as Kaizen Events, Hoshin Kanri aiming at improving commercial processes (policies, automation, standardization, digitization); aligning standards to market best practices and eliminating bid defects
- Approve deal economics, support leadership approval reviews (GE Renewable Energy Project Review Board, GE Corporate Risk, GE’s CEO/CFO)
- Participate in deal reviews, prepare analysis and recommendations Senior Management approval
- Review contracts to identify and mitigate Commercial finance risks, work with the Sales / Commercial Operations / Pricing / Tax teams to structure deals that maximize project margin and minimize exposure
- Structure transaction Terms & Conditions and negotiate with customers to optimize revenue recognition, cash and reduce risk exposure
- Assess customer creditworthiness and financing structures prior to bid submission
- Work with GE Capital EFS Global Markets and potential external players to offer customers alternatives to traditional financing options
- Negotiate and manage Bank Guarantees, Foreign Exchange transactions, and other financial guarantees to be issued for the contracts
- Fully understand project scope of supply and ensure completeness and accuracy of the cost roll-up
- Drive price on new orders; Use competitive analysis to provide insights on deal sensitivities
- Own assumptions for 10 year Business Plan and ensure overall completeness and accuracy
- Drive accuracy forecasts for sales, margin, and cash from new orders
- Assist in special projects as defined by Finance and Sales

**Qualifications / Requirements**:

- Bachelor's Degree in finance, accounting, or related field from an accredited college or university
- Minimum of 7 years of significant finance experience (Commercial Finance or Project Finance)

**Desired Characteristics**:

- Prior industrial experience in Renewable Energy Wind businesses
- Outstanding business acumen, understanding of Offshore Wind market trends and projects
- Clear thinking / problem solving: able to partner in cross-functional projects/process improvement within operations/finance function; able to grasp new ideas quickly
- Strategic Thinking / Assertiveness: strong influencing skills across business functions; confidence to approach business leaders with difficult messages and defend positions to achieve business objectives while driving Financial targets;
- Able to anticipate, identify, and resolve complex financial issues
- Demonstrated business acumen & project management skills
- Strong leadership, technical and change agent skills.
- Excellent facilitation skills

**Additional Information**:
**Relocation Assistance Provided**:No