The Global Purchasing and Supply Chain (GPSC) Finance Team has a financial analyst opportunity supporting the Supplier Financial Risk Mitigation (SFRM) team. The SFRM team’s objective is to identify, prioritize and manage risk resulting from financially distressed suppliers.
The role provides the opportunity to display your financial acumen, be actively involved in leading the Purchasing organization through the development of sourcing strategies to mitigate both financial and operational risk. This role is crucial for maintaining business continuity, protecting the company's financial interests, and enhancing the overall resilience of the global supply chain against supplier insolvency, instability, and other distress.
You will be working alongside executive leadership and external professional advisors from a variety of backgrounds that bring a wealth of industry depth and knowledge in restructuring and turnaround projects. You will be expected to i) operate in a high pressure, time sensitive environment and prioritize multiple work streams across multiple interdisciplinary stakeholders and ii) communicate diverse range of financial, operating and restructuring / turnaround concepts with your team, external stakeholders and internal clients that span financial and non-financial backgrounds.
Responsibilities
-
Act as the internal subject matter expert, collaborating closely with Purchasing, Supply Chain, Legal, Treasury and business units’ functions to embed risk management practices into the entire supply chain, including developing and executing bespoke risk mitigation strategies
-
Apply analytical skills across a broad range of projects including turnaround plans, restructuring / bankruptcy, operational improvement plans
-
Independently evaluate viability of supplier’s short- and long-term turnaround plans, including 13-week cash flows, business performance assumptions, working capital, and cost reduction initiatives
-
Analyze & recommend various risk mitigation strategies including bankruptcy, receivership, out of court restructuring, which includes assessment and trade-offs vs other creditor constituents’ priorities and points of leverage
-
Assess financial strength of supply base with financial statement analysis & business risk assessment
-
Track and analyze global financial & economic, geopolitical, and industry trends to proactively identify systemic risks that could impact the supplier base and in turn increase GM’s exposure
-
Serve as Finance partner to operational purchasing & supply chain teams
Desired Skills
-
Strong business acumen, analytical capability and project management / organizational skills
-
Advanced level of experience in financial modeling with ability to build 13-week cash flow forecast and 3-statement financial models with limited oversight
-
Perform balance sheet analysis, net income statement analysis, cash flow statement analysis, knowledge of debt and complicated capital structures (off and on balance sheet)
-
Understand the fundamental aspects of Chapter 11 proceedings and a reorganization plan
-
Experience reviewing, drafting term sheets and agreements in partnership with legal constituents
-
Automotive experience a plus, but not required
-
Commitment to continual learning, fostering and developing partnerships
Qualifications
-
At least 3+ years of direct restructuring experience with 5+ years of total experience in finance or accounting, corporate treasury, investment or commercial banking, audit or transaction advisory
-
Bachelor’s degree in Finance, Accounting, or related field
-
Professional certifications such as Certified Turnaround Professional (CTP), Certified Insolvency and Restructuring Advisor (CIRA), Chartered Financial Analyst (CFA) or Masters’ in Finance, Masters in Business Administration (MBA) preferred
-
Advanced Microsoft, PowerPoint, and Word skills a must
-
Strategic mindset, strong communicator, independent self-starter that is not fazed by a fast-paced, ambiguous, challenging work environment
-
Clearly communicate complex financial analysis and recommendations to executive leadership
This role is categorized as Hybrid . This means the successful candidate is expected to report to Warren – GM Global Technical Center , three times per week, at minimum or other frequency dictated by the business. This job is maybe eligible for relocation benefits.
GM DOES NOT PROVIDE IMMIGRATION-RELATED SPONSORSHIP FOR THIS ROLE. DO NOT APPLY FOR THIS ROLE IF YOU WILL NEED GM IMMIGRATION SPONSORSHIP NOW OR IN THE FUTURE. THIS INCLUDES DIRECT COMPANY SPONSORSHIP, ENTRY OF GM AS THE IMMIGRATION EMPLOYER OF RECORD ON A GOVERNMENT FORM, AND ANY WORK AUTHORIZATION REQUIRING A WRITTEN SUBMISSION OR OTHER
#JS3
