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Careers in Corporate Finance

Sean Triplett

My Background

Education

> Indiana University, BS ‘94 Finance and Business

Economics & Public Policy

> Bellarmine University, MBA ‘99

Work Experience

> McDonnell Douglas Corporation (1994-1996)

– Fiscal Analyst, Fiscal Development Program

> GE Appliances (1996-2002)

– Financial Analyst, After-market Parts Sales

– Finance Manager, Six Sigma Quality

– Finance Manager, Home Products & Services

– Finance Manager, Bloomington Production

Operations, LLC

> GE Healthcare Technologies (2002-Present)

– Finance Manager, Global MRI Business

– Manager, Americas Financial Planning & Analysis

– Manager of Finance, Americas Diagnostic Imaging

Equipment

11 Years Corp

Finance Experience

What Is Corporate Finance?

Strategy

Critical Thinking

Analysis

Reporting

Controllership

Adding Value and Leadership to the Business

Corporate Finance can be described as all the financial activities required to successfully run a business: accounting, budgeting, financial analysis, cash management, and treasury operations. It is operational in nature, not deal financing or investment banking.

Many Rotational Training Programs

Company

AT&T

EMC

Ford

General Electric

Lucent

W.W. Grainger

Rotation Structure Who They Recruit

4-6 mos.

(undergrads)

3 1-yr.

Undergrads, recently added MBA track

Undergrads and MBA’s

Age of

Program

10 yrs.

3 yrs.

2 or 3 18-24 mos.

4 6-mos.

Johnson & Johnson 3 8-mos.

3 1-yr.

2 or 3 1-yr.

Mostly undergrads, some MBA’s

Undergrads

Undergrads

Undergrads

Undergrads

1 yr.*

85 yrs.

6 yrs.

8 yrs.

6 yrs.

* Ford revised its training program in 2003.

Source: CFO Magazine, “Great Expectations”, Nov 2004.

Financial Management Program

> Intensive 2 year entry-level program including 4 different rotational assignments

> Hands-on experience may include: financial planning, accounting, operations analysis, auditing, forecasting, treasury/cash management, commercial finance and Six

Sigma quality

> Combines coursework, job assignments and interactive seminars to equip you with exceptional technical, financial and business skills

> Led by senior GE professionals and mentors

> Develops world-class financial leaders for exciting positions

The Basics

Emphasis on Total Development …Financial, Leadership, and Personal

4 Technical

Courses

4 Rotations Leadership

Training

2 Year FMP Program

Mentoring &

Networking

Exposure to

Senior

Leaders

Continuous

Feedback

Rotations

Challenging & meaningful assignments, defined deliverables & diverse experiences

Financial Planning & Analysis: Product Line Profitability,

Long/Short Term Forecasting, Variance Analysis, Risks &

Opportunities

Commercial Finance: Pricing, Orders Analysis, New Product

Introduction

Six Sigma: Root Cause Analysis, Variation, Span

Business Development: Due Diligence, DCF Analysis, Deal

Structuring

Accounting/Auditing: Financial Reporting, Closing the

Books, Accounting Standards

Operations Analysis: Mfg. Cost Analysis, Sourcing, Supply

Chain Management

What Do the Assignments Look Like?

FMP offers a wide variety of rotations and locations

 1st Rotation: FP&A Analyst, Vendor Financial

Services -- Danbury, CT

Kevin

GE Consumer Finance

 2nd Rotation: Pricing Analyst, Vendor Financial

Analyst – Danbury, CT

 3rd Rotation: Marketing Finance Analyst,

Commercial Real Estate -- Stamford, CT

 4th Rotation: FP&A Analyst, European Equipment

Finance – London, England

Off-program Assignment: Corporate Audit Staff Associate

Heather

GE Healthcare

 1st Rotation: Global Tax & Treasury Analyst –

Milwaukee, WI

 2nd Rotation: Variable Cost Productivity Analyst,

Global Sourcing – Milwaukee, WI

 3rd Rotation: Financial Analyst, GE Medical

Information Technology – Chicago, IL

 4th Rotation: Metric Leader, Equipment Pricing –

Milwaukee, WI

Off-program assignment: Financial Analyst, Business Development

Sample Career Paths

Professional Development Continues Throughout Your Career

Archana Graduated from FMP GE Healthcare

> GE Medical Systems – IT, GPC Finance

Leader (13 Months)

> GE Medical Systems – IT, Finance

Integration Manager (10 months)

> Current Position: e-Finance Black Belt,

Quality, GE Medical Systems

Mike Graduated from FMP Plastics

> GE Audit Staff

> Associate I (1 year)

> Associate II (1 year)

> Audit Manager (1 year)

> Senior Audit Manager

> Executive Audit Manager

> Current Position: Commercial Finance

Manager, GE Consumer Products

Skill Development

We Want You to Build Skills , Not Merely Accomplish Tasks

Financial Skills > Working Knowledge of Financial Accounting,

Management Accounting and Business

Measurements

> Analysis of Drivers, Relationships and Results,

Clearly and Concisely Communicated

> Ability to Quantify Benefits, Risks, & Outcomes

Critical Thinking

Skills

> Analyze Situations and Strategies Against

Logical Criteria, Evaluate Potential Outcomes

> Move from Factual Results to Root Causes,

Combine Knowledge, Experience and

Judgement with Data

> Evaluate Information, Anticipate Consequences and Develop Recommendations

Curriculum

4 Intensive Graded Courses … Taught by GE Finance Professionals

> Foundations: Online, Interactive self-study & Classroom sessions

• Financial & Management Accounting

• Business Planning

• Financial Statement Analysis

• Process Improvement

> Operations: Online, Interactive self-study & Classroom sessions

• Cost Management

• International Operations and Related Risks

• Financial Services

> Controls: On-line meetings, Web based self-study, Classroom sessions

• Risk Assessment and Mitigation

• Controllership

• Audit Processes

> Strategy: Case study based, Classroom sessions

• Operational Strategy

• Competitive Analysis

• Customer Economics

Where the Career Path Leads

20 largest business CFO’s

FMP & Corporate Audit Staff are Global & Multi-Business

Experiences that are Highly Valued

Average Years with GE

FMP Graduates

Corporate Audit Staff Experience

Average Number of GE Businesses

Global Experience

Cross-Functional Experience

External Experience

18

70%

65%

4

60%

35%

30%

And 50% of these Businesses CEO’s came through

FMP/CAS!

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