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Corporate Finance Rotational Training & Leadership Development Programs. careers in corporate finance. GE’s Financial Management Program. Sean Triplett Manager of Financial Planning & Analysis Americas Equipment & Healthcare Services GE Medical Systems. my background. Education
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Corporate Finance Rotational Training & Leadership Development Programs careers in corporate finance GE’s Financial Management Program Sean Triplett Manager of Financial Planning & Analysis Americas Equipment & Healthcare Services GE Medical Systems
my background • Education • Indiana University, BS ‘94 Finance and Business Economics & Public Policy • Bellarmine College, MBA ‘99 • Work Experience • McDonnell Douglas Corporation (1994-1996) • Fiscal Analyst, Fiscal Development Program • GE Appliances (1996-2002) • Financial Analyst, After-market Parts Sales • Finance Manager, Six Sigma Quality • Finance Manager, Home Products & Services Sales Channel • Finance Manager, Bloomington Production Operations, LLC • GE Medical Systems (2002-Present) • Finance Manager, Global MRI Business • Manager, Americas Financial Planning & Analysis • Manager, Americas Equipment Finance Nine Years Corporate Finance Experience
Strategy Critical Thinking Analysis Reporting Controllership Corporate Finance can be described as all the financial activities required to successfully run a business: accounting, budgeting, financial analysis, cash management, and treasury operations. It is operational in nature, not deal financing or investment banking. what is corporate finance? Adding Value and Leadership to the Business Leadership & Business Value
Professional Background of CEO’s... Yesterday the changing face of business leaders Today Finance Has Become a Preferred Path to the Top
financial management program • Combines coursework, job assignments and interactive seminars to equip you with exceptional technical, financial and business skills • Led by senior GE professionals and mentors • Develops world-class financial leaders for exciting positions • Intensive 2 year entry-level program spanning 4 rotational assignments • Hands-on experience may include: financial planning, accounting, operations analysis, auditing, forecasting, treasury/cash management, commercial finance and Six Sigma quality
Rotational Assignments Leadership Training FMP Development 2 Years (4 rotations) Exposure Mentoring & Networking Continuous Feedback GE Focused Coursework the basics Emphasis on Total Development …Financial, Leadership, and Personal
rotations challenging and meaningful assignments, defined deliverables and diverse experiences • Financial Planning & Analysis: Product Line Profitability, Long/Short Term Forecasting, Variance Analysis, Risks & Opportunities • Sales & Marketing Finance: Pricing, Orders Analysis, New Product Introduction • Quality: Six Sigma Tools, Root Cause Analysis, Variation, Span • E-Business: Customer Web Centers, E-Auctioning, Fulfillment • Business Development: Due Diligence, DCF Analysis, Deal Structuring • Accounting/Auditing: Financial Reporting, Closing the Books, Accounting Standards • Operations Analysis: Mfg. Cost Analysis, Sourcing, Supply Chain Management
4 Intensive Graded Courses … Taught by GE Finance Professionals • Foundations: CD-Rom based, Interactive self-study & Classroom sessions curriculum • Financial & Management Accounting • Business Planning • Financial Statement Analysis • Process Improvement • Operations: CD-Rom based, Interactive self-study & Classroom sessions • Cost Management • International Operations and Related Risks • Financial Services • Controls: On-line meetings, Web based self-study, Classroom sessions • Risk Assessment and Mitigation • Controllership • Audit Processes • Strategy: Case study based, Classroom sessions • Operational Strategy • Competitive Analysis • Customer Economics
We Want You to Build Skills , Not Merely Accomplish Tasks skill development Financial Skills • Working Knowledge of Financial Accounting, Management Accounting and Business Measurements • Analysis of Drivers, Relationships and Results, Clearly and Concisely Communicated • Ability to Quantify Benefits, Risks, & Outcomes Critical Thinking Skills • Analyze Situations and Strategies Against Logical Criteria, Evaluate Potential Outcomes • Move from Factual Results to Root Causes, Combine Knowledge, Experience and Judgement with Data • Evaluate Information, Anticipate Consequences and Develop Recommendations
The training is universal… the experience is as individual as you are sample career paths Archana Graduated from FMP Medical Systems • GE Medical Systems – IT, GPC Finance Leader (13 Months) • GE Medical Systems – IT, Finance Integration Manager (10 months) • Current Position: e-Finance Black Belt, Quality, GE Medical Systems • GE Audit Staff • Associate I (1 year) • Associate II (1 year) • Audit Manager (1 year) • Senior Audit Manager • Executive Audit Manager • Current Position: Commercial Finance Manager, GE Consumer Products Mike Graduated from FMP Plastics
20 largest business CFO’s FMP & Corporate Audit Staff are Global & Multi-Business Experiences that are Highly Valued where the career path leads Average Years with GE 18 FMP Graduates 70% Corporate Audit Staff Experience 65% Average Number of GE Businesses 4 Global Experience 60% Cross-Functional Experience 35% External Experience 30% And 50% of these Businesses CEO’s came through FMP/CAS!