Tim Elliott

Finance Manager at General Motors

Melbourne Area, Australia

Current
Past
  • Pricing Manager at GM Holden Ltd
  • Project Finance Manger at General Motors Holden
  • Financial Controller - Engineering at General Motors Holden
Education
  • University of Melbourne - Melbourne Business School
  • University of Adelaide
Connections
49 connections
Industry
Automotive

Tim Elliott’s Summary

13 years experience in the automotive industry, degrees in Mechanical Engineering and Masters of Business Administration, and roles with Product development, Engineering, Manufacturing, Quality Finance have enabled me to develop commercial, business development, problem solving and leadership skills. My specific areas of interest are either in Project Management – Finance or Commercial Management.

 Project Management – Finance
– Develop Financial targets that meet corporate profit and return targets including developing lean cost targets
– Create business case (superior financial modelling skills)
– Solid understanding of all product related revenue and cost factors within a large multi-national organisation
– Develop accurate forecasts, partner with business units.
– Influencing and reporting skill – manage influencing senior executives to support project. Develop and make reports to senior executives.
– Conduct risk analysis – develop and manage recovery for out of line conditions.

 Commercial Management – Product
– Optimise market based pricing of product (tactical and strategic sense) for all customer groups
– Conduct competitor analysis, price, features, brand, sales targets, corporate profit targets
– Conduct environment scanning to determine trends and strategies that influence Holden.
– Manage the transfer pricing process with other GM units and secure best price for Holden
– Determine corporate profitability targets
– Partner to Marketing Management. Create strong tie between transfer pricing assumptions and budgets
– Manage the profitability improvement process (optimise price/volume opportunity, create business development opportunities)


Tim Elliott’s Experience

  • Commercial / Pricing Manager

    General Motors

    (Public Company; GM; Automotive industry)

    September 2008Present (1 year 7 months)

    The primary purpose of this role is to partner with the Marketing Department to establish competitive market based pricing of Holden vehicles based on competitor analysis, economic conditions, business profitability objectives and other inventory / production factors. In addition, this role leads the transfer pricing process for all imported vehicles and manages dealer claims

  • Pricing Manager

    GM Holden Ltd

    (Automotive industry)

    20082009 (1 year )

  • Project Finance Manger

    General Motors Holden

    (Automotive industry)

    April 2007September 2008 (1 year 6 months)

    The Project Finance Manager is accountable provide commercial / financial leadership to the Global Rear Wheel Drive architecture team in the development of new product portfolio opportunities manufactured in Australia, China and USA, sold all regions.

    • Manage the commercial performance of GM’s Global Rear Wheel Drive (GRWD) portfolio of vehicles (investment approximately $1Bn)
    • Lead the commercial assessment of new portfolio entries (e.g. Chevrolet Camao, Holden Commodore) by evaluating future trends in the Global Automotive market, researched competitive strategies and conducted economic analysis.
    • Lead the development of commercial targets (material cost, investment and engineering budget) and developed business cases for numerous future programs (e.g. Chevrolet Camaro, Pontiac G8 Sedan and Ute Export to USA) to achieve Holden / GM’s long term commercial and financial objectives.
    • Secure capital and engineering financing for portfolio opportunities.
    • Manage the commercial performance of each opportunity through the vehicle development phase and product life cycle.
    • Finance lead and member of Global Product Development Finance team (GPDF)
    • Develop and implement new ‘best practice’ processes
    • Manage the global portfolio investment including capital forecasting.
    • Lead financial risk assessment & develop sufficiency plans.
    • Conduct commercial negotiations with other GM subsidiaries and joint ventures for engineering work sharing on numerous projects and transfer pricing of exported vehicles

  • Financial Controller - Engineering

    General Motors Holden

    (Automotive industry)

    April 2007September 2008 (1 year 6 months)

    • Develop budget (A$350M Operating Expense and A$15M Investment) considering economic factors, productivity targets and changes in workload. Achieve approval from local, regional (Asia Pacific) and global (GM USA) senior executives.
    • Develop improvements to forecasting process for labour, material
    • Stewarded the budget and forecast process. Present financial reports to senior GM executives.
    • Member of Global Finance team. Lead creation and implementation of globally common processes.
    • Manage all external reporting requirements including submissions to Australian Government.
    • Develop buisness case to support departmental initiatives. Lead appropriations process to secure financing.
    • Lead implementation of new systems
    • Lead commercial negotiations with outside parties and ensure profit maximising outcome for GM
    • Manage team (8 staff). Lead the team to ensure high levels of motivation and performance, effective prioritisation and dissemination of tasks to deliver key outcomes, develop personnel development plans, conduct performance reviews as per Holden Personnel Management Process.


Tim Elliott’s Education

  • University of Melbourne - Melbourne Business School

    MBA , Business and Corporate Strategy, Economics , 19992003

  • University of Adelaide

    Bachelor of Engineering , 19901994


Tim Elliott’s Contact Settings

Interested In:

  • career opportunities
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  • job inquiries
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