Senior Finance Manager

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

JOB DESCRIPTION:

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:

• Career development with an international company where you can grow the career you dream of.
• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
• An excellent retirement savings plan with a high employer contribution
• Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
• A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

This position works out of our Lake Forest IL location in the Core Diagnostics Division.  

We’re empowering smarter medical and economic decision-making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people.

Our diagnostic solutions are used in hospitals, laboratories, and clinics around the globe. The crucial information derived from our tests, instruments, and informatics systems is often the first step in patient care decision-making for hundreds of health conditions from heart attacks to blood disorders to infectious diseases and cancers.

What You’ll Work On

The Sr. Manager FP&A provides leadership oversight, coordination and planning, in order to execute financial planning processes, including priority setting and ensuring the timeliness, accuracy and integrity of financial information while also performing original work related to Division and Corporate templates/schedules. This role is also responsible for delivering analytics and business support to enable informed decision making by executive staff as well as presentation worthy performance summaries to be shared with senior leaders across the Corporation.

• Maintain controls to ensure the integrity of assets and compliance with applicable policies, procedures and guidelines; interpret financial results, evaluate risks of alternatives, recommend actions and develop strategies to address various scenarios.
• Manage month-end accounting activities to ensure availability of timely, well-presented, quality P&L, balance sheet, sales results, etc.
• Prepare financial reports (such as Plans, LBE's and long-range projections) that meet the timing and quality of presentation requirements, facilitating management review and decision making while ensuring integrity of data and compliance with GAAP as well as Abbott's operating policies.
• Develop flexible, comprehensive tools to support program proposals and tracking focused on ROI and fully-burdened margin profitability as well as developing system solutions and process improvements that meet the needs of the financial planning and/or reporting requirements.
• Develop and maintain a financial organization capable of meeting Division and Corporate requirements, including but not limited to mobilizing staff to work in teams, facilitate teamwork to increase quality and productivity, assume direct responsibility for results, empower others while maintaining high performance standards; responsible for staff development, mentoring, performance management, engagement and recognition, administrative duties, etc;
• Establish and maintain and effective and efficient planning process for the division and operational functions being
• supported, including coordination of a planning calendar with key dates and deliverables.
• Prepare and coordinate monthly S&OP financial processes and presentation of Executive S&OP package to Sr. Staff.
• Ensure EHS goals are established and achieved. Promote adherence to EHS policies, procedures, rules and regulations.
• Recognize EHS achievements across the organization. Ensure departmental employees receive EHS training.

• Responsible for implementing and maintaining the effectiveness of the Quality System.

This position is accountable for the following:

1. implementation of strategy, scope, process and programs related to financial planning and/or reporting

2. providing significant and positive impact to short-term, mid-range and long-term organizational goals

3. demonstrating continual improvement in financial planning and/or reporting

4. creating a work environment that supports cross-functional team effectiveness

5. management and development of reporting staff; mentor others as appropriate

Demonstrated appropriate level of leadership experience to lead and influence.

Requires high levels of competence, confidence and credibility.

Strategic and tactical decisions will be made based upon data the individual provides and/or presents in a management or informal setting. Consequences of erroneous decisions or recommendations would normally include critical delays and modifications to projects or operations with substantial expenditure of time, human resources and funds and may jeopardize future business activity.

Required Qualifications

• Bachelor’s Degree and an equivalent combination of education and work
• Experience.
• A minimum 8 years of relevant experience to develop the competence required to meet the skills and responsibilities of the position.
• Ability to clearly, concisely and accurately communicate with others through various
• Ability to interact with finance and non-finance professionals at all levels
• Ability or aptitude to supervise others;
• Ability to form and develop interpersonal, professional relationships; displays socially and professionally appropriate behavior;
• Ability to work independently and in groups;
• Demonstrated initiative, analytical thinking, critical-thinking, problem solving skills;
• Ability to operate independently and in groups;
• Demonstrated initiative, analytical thinking, critical-thinking, problem-solving skills;
• Ability to operate independently with broad scope of responsibility under minimal supervision and under challenging time constraints.
• Ability to facilitate interpretation and understanding of data, identify risks, develop
• Recommendations and implement solutions;
• Ability or aptitude to utilize computer software applications to complete tasks.

Preferred Qualifications

Master’s Degree

Apply Now

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:  www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott, and on Twitter @AbbottNews.

The base pay for this position is

$127,300.00 – $254,700.00

In specific locations, the pay range may vary from the range posted.

JOB FAMILY:Financial Planning and Analysis

DIVISION:CRLB Core Lab

LOCATION:United States > Lake Forest : CP01

ADDITIONAL LOCATIONS:

WORK SHIFT:Standard

TRAVEL:Yes, 5 % of the Time

MEDICAL SURVEILLANCE:No

SIGNIFICANT WORK ACTIVITIES:Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf

EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf