THIS IS careers in corporate finance Corporate Finance

  • Slides: 11
Download presentation
THIS IS careers in corporate finance Corporate Finance Rotational Training & Leadership Development Programs

THIS IS 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 g

THIS IS g > Education – Indiana University, BS ‘ 94 Finance and Business

THIS IS g > Education – Indiana University, BS ‘ 94 Finance and Business Economics & Public Policy – Bellarmine College, MBA ‘ 99 my background > Work Experience – Mc. Donnell Douglas Corporation (1994 -1996) • Fiscal Analyst, Fiscal Development Program – GE Appliances (1996 -2002) • Financial Analyst, After-market Parts Sales Nine Years Corporate Finance Experience • 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

THIS IS g Corporate Finance can be described as all the financial activities required

THIS IS g 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. what is corporate finance? Critical Thinking Leadership & Business Value Adding Value and Leadership to the Business Strategy Analysis Reporting Controllership

THIS IS Professional Background of CEO’s. . . Yesterday the changing face of business

THIS IS Professional Background of CEO’s. . . Yesterday the changing face of business leaders Today Finance Has Become a Preferred Path to the Top g

THIS IS g financial management program > Intensive 2 year entry-level program spanning 4

THIS IS g 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

THIS IS GE Focused Coursework Rotational Assignments Leadership Training the basics FMP Development 2

THIS IS 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 g

THIS IS rotations challenging and meaningful assignments, defined deliverables and diverse experiences > Financial

THIS IS 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 g

THIS IS curriculum 4 Intensive Graded Courses … Taught by GE Finance Professionals >

THIS IS 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 g

THIS IS g skill development We Want You to Build Skills , Not Merely

THIS IS g 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

THIS IS g sample career paths The training is universal… the experience is as

THIS IS g 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) Graduated from FMP Medical Systems > 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

THIS IS g 20 largest business CFO’s FMP & Corporate Audit Staff are Global

THIS IS g 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!