Financial Analyst (Sourcing)

Posted 6 Hours Ago
United States of America
Entry level
Consumer Web • Other • Retail • Appliances
The Role
As a Financial Analyst in Sourcing, you will manage financial functions related to forecasting and tracking material costs exceeding $6 billion, oversee Supplier Held Tooling assets, analyze cost opportunities, and collaborate on risk management with teams across the organization.
Summary Generated by Built In

At GE Appliances, a Haier company, we come together to make “good things, for life.” As the fastest-growing appliance company in the U.S., we’re powered by creators, thinkers and makers who believe that anything is possible and that there’s always a better way. We believe in the power of our people and in giving them the freedom to explore, discover and build good things, together.

The GE Appliances philosophy, backed by three simple commitments defines the way we work, invent, create, do business, and serve our communities: we come togetherwe always look for a better way, and we create possibilities

Interested in joining us on our journey? 

As a GE Appliances Financial Analyst (Sourcing) you’ll be at the heart of critical financial functions, shaping accurate forecasting and managing vital assets. This role is critical to ensuring the accurate tracking and forecasting of our $6 billion in material costs. You will play a key role in owning and optimizing the Supplier Held Tooling process, while also contributing to our supplier risk evaluation efforts and partnering with the COE team on overall risk management. You will also be a key contributor to our annual Standard setting process. You'll collaborate with teams across the organization, from Finance Accounting to Data and Technology, to ensure seamless financial operations and drive insightful business decisions.PositionFinancial Analyst (Sourcing)LocationUSA, Louisville, KY

How You'll Create Possibilities

  • Owns PAVM & Sourcing S&OP reporting, maintenance, and enhancements to ensure forecasting and actuals on $6B+ of material.
  • Acts as the Finance owner of Supplier Held Tooling, overseeing the annual audit process of $90M+ SHT assets and coordinating with the FA team on CIP asset capitalization.
  • Is a key contributor to overall standards process, owning consolidation and communication of Buyer Review File and partnering with DT on key tableau reports & updates.
  • Performs analytical reporting, focusing on cost-out opportunities and analyzing key model BOM costs across all PLs. Acts as the centralized reporting contact for PL sourcing finance roles and partners with our Sourcing Ops team.
  • Reports changes to our suppliers' Rapid Ratings FHR scores and partners with the COE team to enhance usability between GEA's risk management tool and Rapid Ratings.
  • Performs monthly closing responsibilities that include, but are not limited to:
    • Final PAVM report
    • Supplier Quality Closing Pack
    • D&P report consolidation
    • Expense PO reporting
    • Supplier Risk closing pack
    • COD True ups
    • ADM reporting
    • PL & ad hoc analysis support
  • Owns supplier quality budgeting, forecasting, & reporting on +$7M of base costs.
  • Partners with Sourcing FP&A Finance Manager & Finance Data Analytics team on key projects
  • Completes ad hoc projects/requests from Sourcing Finance Sr. Director.

What You'll Bring to Our Team

  • Independent Task Management: Demonstrates the capability to autonomously set objectives and prioritize tasks effectively to align with project or assignment goals.
  • Problem Solving Proficiency: Exhibits adeptness in resolving challenging problems that may not be highly complex, utilizing analytical skills and practical knowledge of the job area.
  • Influential Communication: Possesses the ability to influence others within the job area through clear and concise communication of facts, policies, and practices, fostering cooperation and alignment towards shared objectives.
  • Professional Productivity: Maintains a consistent track record of productivity and contribution as an established professional, capable of delivering results while working independently under general supervision.
  • Continuous Learning and Development: Demonstrates a commitment to ongoing professional growth and development, actively seeking opportunities to expand skills and knowledge relevant to the role.
  • Applied Knowledge and Experience: Integrates theoretical knowledge acquired through advanced education with practical experience to effectively navigate job responsibilities and challenges within the field.

Educational and Experiential Background

  • Typically requires a University Degree or equivalent experience and a minimum of 3 years prior relevant experience.
  • Demonstrated experience with monthly financial close processes
  • Strong analytical and problem-solving skills, with keen attention to detail and accuracy
  • Self-starter with a proactive approach to identifying issues, proposing solutions, and taking ownership of projects
  • Solid understanding of GAAP and other relevant accounting standards and financial principles
  • Effective written and verbal communication skills, with the ability to present findings to stakeholders at various levels

Preferred Education/Experience

  • Financial Development Program graduate.
  • MBA graduate.
  • Strong systems skills, i.e. Excel, Oracle/ERP, Hyperion, Tableau.

Our Culture

At GE Appliances, creativity meets passion and conversations lead to exceptional outcomes and experiences. We respect and value the unique backgrounds and experiences that everyone brings to GE Appliances. We believe a diverse workplace, where everyone is included and people can be their true and authentic selves, fosters creativity and innovation. We know our differences are our greatest strength. The very best innovations across every function of a company come from diverse teams. Our commitment to ensuring a safe and inclusive workplace where everyone is valued allows employees to perform at their best, every day. Diversity at GE Appliances helps us achieve zero distance to our owners, innovate smartly and connect to the communities and customers we serve. We encourage and support the ideas, aspirations, and the wellbeing of everyone - our employees and our communities

GE Appliances is a trust-based organization. It is important we offer our employees the flexibility they need to do their best work while balancing the needs of the business and individuals. When you join GE Appliances, you will have the opportunity to work with your leader to create a flexible work arrangement that balances the needs of the individual, team, and organization.

GE Appliances 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 Appliances participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S

If you are an individual with a disability and need assistance or an accommodation to use our website or to apply, please send an e-mail to [email protected]

The Company
HQ: Lousville, KY
4,316 Employees
On-site Workplace
Year Founded: 2002

What We Do

GE Appliances, a Haier company and Affiliates (GEA), is more than a place to work. We imagine, design and build some of the world's best appliances. Our people strive to improve themselves, the company and the community—building challenging and rewarding careers along the way. We value diversity, teamwork, innovation and lean manufacturing. We work with some of the best people in the world who take pride in our products and thrive on challenges. More than a place to work, it is a place of opportunity, a place to grow and a place to develop your career.

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