Chief Cash Officer

1 day ago


Bengaluru, Karnataka, India beBeeCashDirector Full time US$ 1,20,000 - US$ 1,50,000
Key Responsibilities:

The Finance Director is responsible for developing and implementing strategic initiatives to accelerate cash collections, reduce Days Sales Outstanding (DSO), and maximize working capital efficiency.

  • Manage the region's cash collection resources effectively, ensuring optimal working capital and overseeing all aspects of cash collection processes & outcomes in the region.
  • Develop and execute strategic initiatives to optimize collections processes and reduce DSO across all customer segments.
  • Drive forecasting accuracy improvement, ensuring zones are accountable for delivering on targets & forecasts, with clear visibility on variances.
  • Lead a team of 3-4 cash leaders, providing guidance to the zone cash teams, training, and performance management to ensure targets are met or exceeded.
  • Centralize reporting, forecasting & analysis to ensure reviews with zones focus on operational performance and actions.
  • Drive improved billing quality & predictability to minimize collection delays.
  • Lead cash standardization & simplification initiatives across all international zones, including delivery model, organization & outsourcing strategy & management.
  • Analyze customer payment behavior, aging reports, and credit profiles to prioritize collection efforts and minimize bad debt exposure.
  • Implement best practices and leverage technology solutions to streamline collections workflows and improve efficiency & predictability.
  • Oversee working capital management initiatives, including accounts receivable, unbilled, and inventory, to improve cash flow and liquidity.
  • Partner with cross-functional teams to implement working capital improvement projects, driving process efficiencies and maximizing cash flow.
  • Develop and implement credit risk strategies to minimize bad debt losses while supporting sales growth objectives.
  • Prepare and present financial reports related to collections, and working capital to identify trends, variances, and improvement opportunities.
  • Provide regular updates and insights to senior management on key performance indicators (KPIs) related to collections & billing effectiveness, and working capital efficiency.
  • Collaborate with Finance and Accounting teams to ensure accurate and timely reporting metrics and performance.
  • Drive continuous improvement initiatives to enhance processes, streamline workflows, and improve overall efficiency.
  • Lead change management efforts to ensure successful adoption of new processes and technologies within the cash function.
Required Skills and Qualifications:
  • Bachelor's degree in accounting, business administration with relevant accounting background.
  • Strong previous experience in a regional leadership role in finance cash management, controllership, Financial planning & analysis.
  • Big picture thinking/creative problem-solving ability to identify roadblocks, connect the dots to find solutions.
  • Excellent communication skills: experience working across different levels (incl C-suite); able to synthesize complexity and communicate concisely verbally and on PowerPoint.
  • Effective people management skills and an ability to influence in a matrix organization.
  • Highly organized, self-starter with a sense of urgency in a fast-paced environment to balance multiple priorities and possess high accountability to deadlines and results.
  • Strong analytic skills & precision with numbers: able to clearly link financial results to operational performance drivers, generate alternatives and drive positive change.
  • Integrity: Accepting and adhering to high moral, ethical, and personal values in decisions, communications, actions, and when dealing with others.
  • Solid Excel skills: experience with financial modeling.
About Us:

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.



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