the smart solution for Chicago jobs

Director of Finance Systems

December 5, 2017
Naseer Ahmed 414 578 6648 Elm Grove, WI 53122

Finance professional with experience in commercial finance, financial planning, and analysis (FP&A), controllership and Finance systems (ERPs, EPM, CRM and BI) with a Fortune 500 company. Synergize, standardize, and simplify finance processes, systems, and operations to improve productivity, efficiencies and effectiveness. Global finance, Statutory and US GAAP accounting, audit & systems exposure, including India, Singapore, and the Middle East. Go getter, self-starter, independent thinker and excellent team player that influences stakeholders.

 Change Management  Finance Simplification  Strategy
 Finance Transformation  Finance Integration  Project Management
 EPM (Hyperion Suite)  Training & Team Development  Data Governance

Professional Experience

GE Healthcare USA
Director-FP&A Projects & Initiatives, 2015 - Present
Drove strategic FP&A initiatives, including leadership on the transition to Enterprise Standard Chart of Accounts. Multi-functions initiative to develop strategies & implementation plans to achieve financial process standardization, efficiency and optimization. This role had high visibility in the organization with opportunities to influence and drive change.
• Partnered with Finance IT, Global controllership and IT to successfully implement and deploy the Enterprise Standards Chart of Accounts.
• Liaison for Group FP&A requirements and proactively engaged the Extended FP&A teams to ensure the function is properly represented across key initiative.
• Served as GEHC's FP&A representative in the corporate planning/operating teams; Drove partnership across other GE business segments leading to setting up of process centers of excellence (COE) through Global Operations resulting in workforce reduction.
• Owned GEHC's P&L Data Governance. Gatekeeper of multiple dimensions. Partnered with Finance IT team to strengthen approval & validation processes. Reduced number of P&L Accounts from legacy COA to ES COA by 65%, simplified and reduced Cost Centers by 60%.
• Prepared and tied out Income statements and other management reports in legacy and enterprise charts as per Statutory, GE GAP and US GAAP and explained the variance to top management for quarterly and year-end reporting using Hyperion Essbase, HFM, Business Objects, OBIEE and MS Excel.

GE Healthcare USA
Senior Manager-USCAN Commercial Finance, 2011 - 2015
Managed $2B commercial revenue booking, monthly close process and US GAAP and Statutory accounting. Calculated and paid Service Admin fees, Rebates, Penalties worth $50M.
• Led the balance sheet analytics for deferred revenue for controllership/management review and managed account reconciliations for balance sheet accounts, standardized and reduced number of accounts reconciliations by 50%+.
• Simplified the revenue booking including manual journal entries (MJEs), streamlined vendor payment, and customer receipts accounting; synergized and consolidated similar tasks, managed change and transition of day to day activity to Global Ops team.
• Simplified and standardized GE Capital Healthcare Finance lease accounting, Order to Cash process, streamlined process post Siebel, supported SIEBEL transition and OBIEE reporting.
• Partnered with GE Corporate Audit Staff (CAS) for internal audit and KPMG for statutory audit. Prepared and provided details to support, facilitate and validate audits.
• Led the Hospital Corporation of America’s (HCA) customer audit for 2011-16 billing years. Supported the HCA audit and liaised with the HCA auditors on a day to day basis until settlement of audit liability, simplified and transitioned to new team.
• Simplified and transformed the $50M extended warranty business and streamlined process from Order to Revenue (OTR). Ensured correct accounting, revenue recognition and fixed finance shortfall in the current process for easy transition to centralized operations team. Completed audit of account reconciliation process both internal and statutory by KPMG.

GE Healthcare USA
Senior Manager-Finance System & Reporting, 2009 - 2011
Designed, implemented, and deployed Oracle Hyperion Essbase and Planning for entire GE Healthcare business for actuals and planning reporting. Partnered with Group FP&A to rebuild, validate all US GAAP management reporting for actuals and plan data.
• Worked with key global business leaders to design and develop financial reporting hierarchies that enabled reporting to P&Ls, accurately. Implemented and integrated 4 new Hyperion dimensions viz., Region, Channel, Function and Organization into Essbase to help drive visibility for complex matrixed organizational reporting.
• Successfully designed, implemented, and deployed Hyperion Essbase, GEHC’s Income Statement reporting tool globally. Rebuilt all relevant GEHC management reports in Essbase for US GAAP reporting.
• Designed and deployed Hyperion Planning successfully with innovative design and complete overhaul of yearly planning process.
• Created and owned the training documents for actuals and annual plan/budget reporting and trained 2K+ finance users globally as part of change management.

GE Healthcare USA
Finance Manager-FP&A Tools and Technology, 2006 - 2009
Integrated Clinical Systems and Diagnostic Imaging business to help create new Healthcare Systems P&L.
• Transformed GEHC organization structure by complete rebuild of Cost Center Hierarchy for enabling complex matrixed organizational reporting intersecting product and region P&Ls. Served as foundation for GEHC reporting structure and adopted partially GE wide as part of Enterprise Standards in 2017.
• Designed, implemented, administered GEHC’s consolidated reporting systems, simplified internal finance processes and managed change of legacy and new consolidation reporting tool including US GAAP and Statutory reporting.
• Won the 2008 CFO award for Imagination for implementing the OPFX piece of reporting in less than 2 months, a future looking finance tool for fluctuating foreign exchange rates during the financial crisis.

GE Healthcare Asia
Asia Finance Systems Leader, Singapore, 2003 - 2006
Implemented/deployed Oracle Global Platform throughout Asia Pacific and managed change during transition.
• Designed, implemented, and deployed Oracle ERPs and Business Intelligence tools SAP Business Objects, Cognos Finance, and Cognos Reportnet across Asia on a global platform. Full Life Cycle Implementations
• Created training document and disseminated training to more than 3k users spread across Asia Pacific and Sweden, managed change in ERP and BI tools and facilitated period close.
• Provided Production Support post go-live to all sites that completed and managed day-to-day accounting/finance issues including US GAAP and Statutory report generation.

Related Experience

Optimum Solutions S PTE Limited
Specialist - Finance System (client: GE Healthcare - Asia, Singapore)

Assyst Saudi Arabia Limited
Financial Consultant

MAC Industries Limited India
Deputy Manager - Finance & Systems/Finance

Itta Parthasarathy & Co. Chartered Accountants
Audit Assistant

Education, Training, and Certification
Institute of Chartered Accountants of India A.C.A; major in core, cost & management accounting
University of Madras: Bachelors of Commerce; major in core, cost accounting, commercial law

GE Corporate Crotonville Leadership Training:
• Essential leadership influencing skills
• Advanced Finance Managers Course - RISK
• Advanced Finance Managers Course - Analyze
Six Sigma Green Belt.
Associate Member Wisconsin Certified Public Accountants (WICPA)

Applications, software tools
ERP/CRM: – Oracle Application GL, AR, AP, FA, Inventory, OM, PO; Siebel CRM
Enterprise Asset Management (EAM)/CMMS: – Nuvolo, CMT
Enterprise Performance Management (EPM): – Hyperion DRM, HFM, Essbase, Planning
Business Intelligence Tools: – SAP Business Objects (BOXi), Cognos Finance (CoFe), Cognos Powerplay, Cognos Reportnet (Query and Report Studio), Oracle Business Intelligence Enterprise Edition (OBIEE)
Others: - ACL
Program Management Methodologies: - Oracleฎ Aim, Agile, GE’s IMPRD, Waterfall, Lean, Six Sigma (DMAIC)

Log In or Create An Account


Forgot password?

Find us on Facebook

Find us on LinkedIn

Get the latest Illinois jobs by following @recnetIL on Twitter!

Chicago RSS job feeds