PDx EMEA Region Controller

Job Description Summary In this role, you will be responsible for driving technical accounting compliance, financial and operational internal controls, process simplification, and operational excellence to deliver accurate actual financial reporting and analysis. Have in-depth knowledge of best practices and how own area integrates with others; have working knowledge of competition and the factors that differentiate them in the market. GE Healthcare is a leading global medical technology and digital solutions innovator. Our mission is to improve lives in the moments that matter. Unlock your ambition, turn ideas into world-changing realities, and join an organization where every voice makes a difference, and every difference builds a healthier world. Job Description

The GE Healthcare Pharmaceutical Diagnostics business (PDx) is a ~$2 billion global enterprise. As the PDx EMEA Region Controller, you will be responsible for ensuring timely, accurate financial reporting in line with US GAAP requirements. You will provide accounting guidance to both finance and operational teams and will help to assess and mitigate financial risks for the business. This role will lead and support a number of commercial controllership projects in the EMEA region that will help to both simplify and bring consistency to processes and mitigate risks for the business as it continues to grow.

Location: Remote in Hungary or in the UK

Essential Responsibilities

Business Partnering

• Build strong relationships with the Finance and Operational teams and have the necessary expertise to understand and resolve technical or operational issues and engage the relevant Centre of Excellence (CoE) teams as required
• Provide business partnership and accounting guidance for complex commercial deals as well as support Commercial Finance teams with R&O management
• Provide business partnership and accounting guidance for complex non-commercial accounting matters
• EMEA clawback taxes e.g. PPRS (UK), AIFA (Italy) – provide C’ship support to changes in business strategy and determine appropriate accounting.

Commercial Controllership

• Ensure compliance with the commercial contracting policies (Policies 5.0 & 6.0) to assess and monitor any business or accounting risk and support. Drive consistency of PDx Policy 5.0 Red Flags globally. Maintain EMEA Pricing Approval workflow
• Prepare Balance Sheet variance analysis for commercial accounts on regular basis, identify unusual movements and manage resolution
• Bad debt reserve (BDR) – share estimates with the Commercial Finance teams; work with GEHC Global team on any tool enhancements; review annual CECL rate updates; ensure compliance with the BDR policy; keep up-to-date with specific reserves
• PDx quarter-end revenue recognition/Red Day process:
  • Lead quarter-end Red Day revenue recognition process for PDx EMEA
  • Embed process to ensure completeness of Red Day landscape and regular validation of PDx Red Days
  • Look for opportunities to simplify and automate PDx Red Day quarter-end processes
  • Revisit fact pattern and document exceptions to Red Day process.

Compliance

• Monitor and review that appropriate internal controls are in place, in line with local statutory laws and US GAAP. Take accountability for robustness of the financial control processes
• Drive closure of open audit issues (both Deloitte and internal audit) and proactively work to prevent future issues / manage risk. Where required, oversee resulting corrective action process in CoE teams
• Closely partner with the Compliance organization to ensure compliance-related initiatives are implemented and maintained e.g. Improper Payment Prevention, Anti Money Laundering, Know Your Customer etc.
• Payments to Channel Partners – ensure compliance with the GEHC policy. Ensure appropriate and consistent accounting is being applied to Channel Partner payments

Other

• Provide leadership in the region for GEHC controllership initiatives and simplification projects

Qualifications

• Bachelor’s degree in accounting, finance or other business-related field and 10+ years progressive accounting or finance experience
• Demonstrated proficiency in US GAAP and authoritative accounting literature (i.e. FASB pronouncements).

Desired Characteristics

• CPA/ACCA Chartered Accountant
• Excellent verbal and written communication skills and the ability to communicate complex business issues in clear/concise manner
• Strong analytical skills; able to clearly link financial results to operational performance drivers, generate alternatives and drive positive change
• Clear thinking/problem solving: successfully led projects/process improvements within operations/finance functions
• Adaptable/Flexible: being open to change in response to new information, different or unexpected circumstances, and/or to work in ambiguous situations

Inclusion and Diversity

GE Healthcare is an Equal Opportunity Employer where inclusion matters. 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.

We expect all employees to live and breathe our behaviors: to act with humility and build trust; lead with transparency; deliver with focus, and drive ownership – always with unyielding integrity.

Our total rewards are designed to unlock your ambition by giving you the boost and flexibility you need to turn your ideas into world-changing realities. Our salary and benefits are everything you’d expect from an organization with global strength and scale, and you’ll be surrounded by career opportunities in a culture that fosters care, collaboration and support.

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Additional Information

Relocation Assistance Provided: No