Madrid, Madrid, Spain
3 days ago
ECT/Apprentice Commercial Finance Analyst
Job Description SummaryApprentice analyst support for Iberia Finance Department
Support MF/commercial finance manager to improve operational efficiency and generate a direct impact on productivity/business results
Key projects will focus around
• Execution of cost targets (T&L, BDR, Obso,…)
• Drive reduction of unbilled & PD. Define optimized mechanism to reduce unbilled. Propose process improvements

GE Healthcare is a leading global medical technology and digital solutions innovator. Our mission is to improve lives in the moments that matter. Unlock your ambition, turn ideas into world-changing realities, and join an organization where every voice makes a difference, and every difference builds a healthier world.

Job DescriptionKey Responsibilities

1. Identify cost saving opportunities.

a) Travel & Living (T&L) Expense Analysis
• Identifying spending patterns by category and by employee.
• Reviewing and classifying expenses labeled as “miscellaneous” to understand what is being spent and whether such expenses are justified.
• Recommending improvements to segment leaders and controls.
b) Obso – Reduce obso balances by an additional 10%
• Lead discussions with modality leaders and OTR to understand balances and define plan for action
• Engage into discussion with leadership to drive actions
Reviewing
The analysis will be based on existing tools, such as Power BI, although there may be a need to develop additional, more specific reports or dashboards. The goal is not only to analyze but also to drive concrete actions in collaboration with the relevant stakeholders (Commercial network, Finance, Procurement, department managers, etc.).
Expected impact: increased visibility and control over operational expenses, reduction of unnecessary costs, and improved decision-making in budget management.

2. Predictive Forecasting and Process Optimization in specific identifies areas like unbilled
The apprentice will also support tasks related to financial forecasting and control, including:
• More accurate estimation of unbilled revenue at the end of each quarter.
• Review of current processes and recommendations for automation or data quality improvements.
These tasks will also leverage existing tools such as Power BI and internal systems, with the possibility of extending or refining them as needed. The focus will be on implementing corrective or preventive measures in coordination with the responsible teams.
Expected impact: improved accuracy in financial forecasts, reduction of unnecessary provisions, and greater agility in the financial closing process.

Required Qualifications:

IMPORTANT: candidates must have finished their official degree or equivalent in the last 3 years and they must not have had this type of contract previously - The length of this contract is up to 12 months.

Bachelor’s degree in Business Management or related field.

Background working in finance or accounting

Excellent written and verbal communication skills

Ability to manage multiple tasks simultaneously while meeting deadlines

Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)

Knowledge of basic accounting principles

Strong analytical skills with attention to detail

Proactive problem solving attitude

Team player who can collaborate effectively across departments

English and Spanish proficiency

Desired Characteristics

Excellent communication skills, attention to detail, and a strong knowledge of finance principles.

Inclusion and Diversity:

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.

 

Behaviours:

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.

 

Total Rewards:

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.

#LI-Hybrid

#LI-AV1

Additional Information

Relocation Assistance Provided: No

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