General Electric – FINANCE

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careers in corporate
finance
Corporate Finance Rotational Training &
Leadership Development Programs
GE’s Financial Management Program
Sean Triplett
Manager of Financial Planning & Analysis
Americas Equipment & Healthcare Services
GE Medical Systems
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 Education
– Indiana University, BS ‘94 Finance and Business
Economics & Public Policy
– Bellarmine College, MBA ‘99
my background
 Work Experience
– McDonnell Douglas Corporation (1994-1996)
• Fiscal Analyst, Fiscal Development Program
– GE Appliances (1996-2002)
Nine Years Corporate
Finance Experience
• Financial Analyst, After-market Parts Sales
• Finance Manager, Six Sigma Quality
• Finance Manager, Home Products & Services Sales
Channel
• Finance Manager, Bloomington Production
Operations, LLC
– GE Medical Systems (2002-Present)
• Finance Manager, Global MRI Business
• Manager, Americas Financial Planning & Analysis
• Manager, Americas Equipment Finance
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what is corporate
finance?
Adding Value and Leadership to the
Business
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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.
Strategy
Critical Thinking
Analysis
Reporting
Controllership
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Professional Background of CEO’s...
Financial
Legal
Other
Gen'l Mgmt
Engineering
Other
Engineering
Gen'l Mgmt
Production
the changing face of
business leaders
Marketing
Yesterday
Today
Legal
Production
Marketing
Financial
Finance Has Become a Preferred Path to
the Top
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financial management program
 Intensive 2 year entry-level
program spanning 4 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
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GE Focused Coursework
Rotational Assignments
Leadership
Training
the basics
FMP Development
2 Years
(4 rotations)
Emphasis on Total Development
…Financial, Leadership, and Personal
Exposure
Mentoring &
Networking
Continuous Feedback
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rotations
challenging and meaningful assignments, defined deliverables and diverse
experiences
 Financial Planning & Analysis: Product Line Profitability, Long/Short Term Forecasting, Variance
Analysis, Risks & Opportunities
 Sales & Marketing Finance: Pricing, Orders Analysis, New Product Introduction
 Quality: Six Sigma Tools, Root Cause Analysis, Variation, Span
 E-Business: Customer Web Centers, E-Auctioning, Fulfillment
 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
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curriculum
4 Intensive Graded Courses … Taught by GE Finance Professionals
> Foundations: CD-Rom based, Interactive self-study & Classroom sessions
• Financial & Management Accounting
• Business Planning
• Financial Statement Analysis
• Process Improvement
> Operations: CD-Rom based, 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
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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
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sample career paths
The training is universal… the experience is as individual as you are
Archana
 GE Medical Systems – IT, GPC Finance Leader (13 Months)
 GE Medical Systems – IT, Finance Integration Manager (10
Graduated from FMP Medical Systems
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
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20 largest business CFO’s
FMP & Corporate Audit Staff are Global & Multi-Business Experiences that are
Highly Valued
where the career
path leads
Average Years with GE
18
FMP Graduates
70%
Corporate Audit Staff Experience
65%
Average Number of GE Businesses
4
Global Experience
60%
Cross-Functional Experience
35%
External Experience
30%
And 50% of these Businesses CEO’s came through FMP/CAS!
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