Senior Manager of Treasury Systems for Derivatives and Hedging

1 week ago


Norwalk, United States GE Aviation Full time

Job Description Summary

This individual will be responsible for providing system support in Quantum for company’s derivatives & hedging controllership activities. The role supports the proper accounting and reporting of derivative transactions in US GAAP ledgers, and also plays a key role in the simplification and automation of certain statutory reporting processes. The individual will be supporting FP&A activities including short term and long-range plan, budget, forecasts for treasury, and participating in strategic decisions on risk management around debt and FX exposures. The individual will work closely with the wider treasury function, the Quantum system team, the ERP and other system owners to support ongoing initiatives through lean and automation. Serve as advisor and liaison between Corporate Controllers, Treasury, and other system support teams.

Job Description

Roles and Responsibilities Responsible for operational reporting and analysis of company’s derivatives Execute Treasury related activities including but not limited to derivatives, debt hedge accounting, foreign currency, while maintaining a strong internal control environment Assist Exposure Management teams to identify, analyze, track and report exposures within foreign exchange, commodities, and interest rates for all business activities Responsible for executing and maintaining hedge accounting programs in Quantum – Fair value, Cash flow & Net Investment hedge (using both derivatives & debt as hedging instrument) Maintain posting rules in Quantum related to balance sheets, income statements, CTA, OCI accounts for derivatives and all hedge transactions Create/update hedge strategies for new hedge programs Create control tables to ensure that QTM as a sub-ledger is fully reconciled with GL Daily feed reconciliation to ensure all settlements and new trades from the front-end systems are being recorded in QTM Resolve suspension items to ensure QTM posts to the correct accounts daily for all transactions settled Responsible for CTA governance across the company inclusive of FX roll-forward and specific allocations, as they may apply. Responsible for Company’s FX Rate setting process for both balance sheet and income statement Support forecasting & planning cycle with short term and long-range plans, forecasts, and stress scenarios. Drive ongoing simplification and automation of existing processes to facilitate statutory reporting Assist Treasury’s Monthly/Quarterly Close, guide team on system process design, controls, deliverables, reporting rhythms, reviews etc. Complete special requests from SLT for analysis, research and detailed information including other projects deemed necessary by Treasurer and Corporate Controller. Maintain a strong Controls environment with commitment to lean principles. Support efforts and initiatives that drive continuous process improvements and sustainable controllership via process redesign and system enhancements. Be a strong partner to broader controllership & treasury team. Interaction with internal and external audit, and support for the auditing process overall.

Required Qualifications Bachelor’s Degree in Finance or Accounting Prior Experience in Treasury Controllership with experience in Quantum related to derivative & hedging modules Minimum 10 years of strong financial analysis and/or controllership experience

Desired Characteristics Strong financial services experience, and/or treasury experience Strong understanding and prior practical experience in FX Proficient understanding of Quantum as Treasury management System(s) Detailed understanding of accounting systems (ERPs) Strong interpersonal and leadership skills Commitment for process execution and improvement Excellent teamwork skills; collaborative approach with peers and team members Experience working in global business environment with a sound understanding of global process and transactional flows Ability to create and deliver business presentations and communicate effectively to Senior Business Leaders Strong interpersonal and leadership skills Experience working in a global team environment

Note: 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

.

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).

Relocation Assistance Provided:

No

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