About Us: At GE Capital we’re not just bankers, we’re builders. Headquartered in Norwalk Connecticut, GE Capital is one of the world’s largest providers of credit and expertise. For more than 1 million businesses, GE Capital provides financing to purchase, lease and distribute equipment, as well as capital for real estate and corporate acquisitions, refinancings and restructurings. GE Capital operates in a number of industries, from airlines, healthcare and energy financing to fleet, franchise and middle market corporate finance. For approximately 80 million consumers, GE Capital offers credit cards and retail sales finance programs. GE Capital is an extension of GE's rich heritage of building and supporting growth, providing customers with insight, knowledge and expertise in addition to financing. At GE, developing people is embedded in our culture and integral to our growth. Join us and you’ll find yourself part of a dynamic team full of professional challenges and opportunities.
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.
Role Summary: This role will support the GE Company North America Cash Operations. This role will prepare and analyze cash flow/cash position management reports, execute intercompany financings (loans and equity related transactions) using predetermined or new funding vehicles and participate in projects that support intercompany funding (ICF) infrastructure. This role reports to the Director of North America Cash Desk, who will be based in Cincinnati, Ohio.
Serve as Subject matter expert for global cash positions and classification of cash availability.
Manage short term liquidity needs of GE Businesses using cash pools, inter-company loans and revolving credit agreements.
Work with businesses and other Treasury teams to understand the supporting schedules and underlying transactions.
Determine implication for overall cash positioning.
Maintain tracker for operationally restricted cash.
Coordinate with businesses and others on planning and execution of acquisitions/divestitures with the focus on prior to close restructuring activities, intercompany position settlements, closing logistics and post closing settlements.
Work closely with FP&A and Liquidity teams to integrate their requirements and strategic forecasts into this short term view.
Actively support and execute strategic cash repositioning
Extensive cross functional, cross Pole and bank counterparty coordination required to support transactions.
Perform daily cash reconciliation for all Corporate accounts.
Coordinate SOX & Internal audits with Manager
Provide BCP coverage/support to other Treasury Pole Cash Desks including cross training, drills & local holiday coverage
Identify opportunities to improve efficiency and reduce manual intervention in processing transactions.
Manage process metrics and ensure a regular rhythm of communication to stakeholders.
Train and mentor team members as well as business users.
Bachelors Degree in Finance, Accounting, Business, Finance or related
Minimum of 4 years business experience preferably in Banking or Treasury
Demonstrated strong analytical skills
Strong computer skills and proficiency in PowerPoint and Excel
Prior experience in banking or treasury operations
Strong organizational skills with detail orientation
Ability to work under pressure and time constraints
Strong interpersonal and communication skills, can do attitude / self starter , self motivated team player.
Ability to work on a team as well as manage or participate in projects
Strong follow up skills to ensure tasks are being completed in the timetable established
Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification, and background check.
Must be willing to work out of an office in Cincinnati
Must be willing to travel up to 10% of the time.
Legal authorization to work in United States is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening.
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