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Asia Collections Leader

  • GE Global Operations
  • Experienced
  • Posted 1/23/2017 8:12:29 PM
  • 2726966
  • Job Function: Finance
  • Business Segment: Global Operations Asia
Location(s): China ; ShangHai; Shanghai

About Us:
GE is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. Through our people, leadership development, services, technology and scale, GE delivers better outcomes for global customers by speaking the language of industry.

Essential Responsibilities:
• Build out the Asia Collections structure at the tier 2 level, ensuring an effective level of coordination and escalation mechanism with the business and regions.
• Ensure team’s overall adherence to the process by business as well as GO & WCS employees
• Build and maintain and an overall structure to enhance the efficiency of the Accounts Receivable Specialist to drive past due performance.
• Proactively use the data collected this to drive root cause analyses, trends and support lasting solutions to avoid recurrence.
• Assist in defining the simplification plan for the Process across the Asia region, ensuring buy-in from global, regional and local stakeholders
• Support the implementation of the Invoice-to-Cash global enterprise standard (people, process, platforms, policies and metrics) in the region with appropriate prioritization.
• Undertake risk analysis for process changes and implement mitigation as required.
• Measure and minimize region-specific process variations.
• Ensure Integrity and Controllership is upheld throughout all processes, policies and practices, by ensuring appropriate communication and training of related activities.
• Enable planned productivity gains through process simplification;
• Lead, manage and coach direct reports and extended team in building a high-performance team; and
• Be a business partner or finance enabler to the upstream teams, which includes but not limited to Commercial Finance, Commercial Operations, and Order-to-Remittance execution team.

Key Performance Indicators
Key measurements include, but not limited to unit cost per transaction, cash targets versus estimates, collections target versus estimates, % disputes as a percentage to past dues, resolution cycle time, and FTEs optimization in the Center and Sites across Asia. Further details are as follows:
• Implementation of strategic initiatives in line with scope, budget and timeframes
• Productivity through simplification, digitization and outsourcing
• Minimal compliance/audit breaches
• Accurate, timely & compliant financial records & reporting
• Business partner feedback and Voice-of-Customer
• Matrix stakeholder feedback

• Should possess in-depth knowledge of the O2C processes;
• Prior experience in a collections functions in banking, manufacturing and/or industrial businesses would be a plus;
• Proven change leadership skills at cross business/cross country level, with ability to manage multiple priorities;
• Significant process management experience in a complex, controllership-orientated, operational environment;
• Ability to define and consistently communicate the organizational vision and strategy at all levels of the organization;
• Proven ability to inspire and engage teams through a collaborative approach;
• Excellent interpersonal skills and experience of managing relationships within a complex matrix environment;
• Business acumen – understands commercial and operational business priorities;
• Strategic thinker; proven ability to anticipate, and resolve complicated issues;
• Strong sense of ownership and accountability, with a proven track record of execution;
• Ability to assimilate regulatory and compliance requirements into an on-going operational framework;
• Excellent communication, influencing & presentation skills (including fluency in English);
• Cultural awareness & sensitivity: ability to flex style to suit differing cultural norms and experience of leading a culturally diverse team;
• Formal finance qualification; ACCA, GE FMP or equivalent;
• Big 4 accounting experience, second tier accounting firm, CAS or equivalent; and
• Ability to work with minimum supervision

Desired Characteristics:
• Prior GE experience and exposure, ideally including Commercial Finance, Supply Chain Finance or Quality management roles in other GE businesses
• Strong networks across the GE Finance community in Asia
• Finance shared services experience in shared services is a distinct advantage.

Locations: China ; ShangHai; Shanghai

GE offers a great work environment, professional development, challenging careers, and competitive compensation.  GE 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.
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