Job Description Summary

The Commercial Contracting Analyst is responsible for driving technical accounting compliance, financial and operational internal controls, process simplification, and operational excellence to deliver accurate actual financial reporting and analysis. Specifically responsible for the order entry and the commercial contracting financial processes. The position requires adherence to the Controllership and accounting standards and policies and applying those concepts when processing commercial transactions. This role will report to the Director of Commercial Finance and Operations in STO, whose team supports the contract entry, billing and revenue recognition for Global GE Healthcare software and subscription transactions.

Job Description

GE Healthcare is a leading global medical technology and digital solutions innovator with over 100 years of healthcare industry experience and around 50,000 employees globally.

We enable clinicians to make faster, more informed decisions through intelligent devices, data analytics, applications and services, supported by our Edison intelligence platform. We operate at the center of an ecosystem working toward precision health -digitizing healthcare, helping drive productivity and improving outcomes for patients, providers, health systems and researchers around the world.

Roles and Responsibilities

• Commercial Finance representative to Sales, focusing on contract review, customer billing, and revenue recognition accounting requirements.
• Conduct thorough reviews of client agreements for standardized contract compliance and entry into billing and revenue recognition ERP tools. Ensure accurate forecasting of billing and revenue recognition.
• Collaborate with Healthcare Supply Chain Operations to ensure timely and accurate fulfillment of software to customers.
• Engage in monthly and quarterly revenue close processes and support analysis for Finance and other business leadership.
• Develop and maintain strong professional relationships with internal customers and partners, including Sales, Legal, Services, IT, Controllership, and other finance teams.
• Apply in-depth knowledge and analytical thinking to execute policy/strategy. Possess basic knowledge of related job disciplines and ensure compliance with all regulatory requirements and internal controls for contract revenue accounting.
• Utilize finance systems expertise to ensure systemic alignment with processes and help remediate accounting disconnects.
• Employ lean, simplification, and Six Sigma tools to enhance finance systems effectiveness and productivity.

Required Qualifications

• Bachelor’s degree in accounting, Finance, or Business Administration from an accredited university or college (or an Associate’s Degree with at least 6 years of experience in Finance or Commercial Business Operations).
• Proficiency with Enterprise Resource Planning (ERP) tools such as Oracle E-Business Suite and Oracle PeopleSoft.
• Experience in Commercial Operations Management with a solid understanding of software revenue recognition compliance.
• Basic understanding of financial compliance standards including ASC 606, SOX, and GAAP.
• Proven experience in financial systems support, including setup maintenance, transaction flow optimization, end-user support/training, and financial activities support (e.g., closing the books).
• Strong PC skills, with experience in financial systems/applications and advanced Excel skills for data compilation and aggregation (e.g., pivot tables, VLOOKUP, and macros).
• Excellent analytical skills, capable of clearly linking financial results to operational performance drivers, generating alternatives, and driving positive change.
• Strong problem-solving and critical thinking abilities, with a track record of successfully leading projects and process improvements within operations/finance functions; able to quickly grasp new ideas.
• Excellent communication skills, with experience working across multiple levels, functions, and regions; able to clearly communicate complex financial information in an easy-to-understand manner and deliver messages effectively both verbally and in writing.

Desired Characteristics

• Bachelor’s degree in accounting, Finance, or Business Administration from an accredited university or college (or an Associate’s Degree with experience in Finance or Commercial Business Operations).
• Proficiency with Enterprise Resource Planning (ERP) tools such as Oracle E-Business Suite and Oracle PeopleSoft.
• Experience in Commercial Operations Management with a solid understanding of software revenue recognition compliance.
• Basic understanding of financial compliance standards including ASC 606, SOX, and GAAP.
• Proven experience in financial systems support, including setup maintenance, transaction flow optimization, end-user support/training, and financial activities support (e.g., closing the books).
• Strong PC skills, with experience in financial systems/applications and advanced Excel skills for data compilation and aggregation (e.g., pivot tables, VLOOKUP, and macros).
• Excellent analytical skills, capable of clearly linking financial results to operational performance drivers, generating alternatives, and driving positive change.
• Strong problem-solving and critical thinking abilities, with a track record of successfully leading projects and process improvements within operations/finance functions; able to quickly grasp new ideas.
• Excellent communication skills, with experience working across multiple levels, functions, and regions; able to clearly communicate complex financial information in an easy-to-understand manner and deliver messages effectively both verbally and in writing.

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