About this role
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 115,000 colleagues serve people in more than 160 countries.
JOB DESCRIPTION: Sr. Finance Manager, US-Commercial 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 The Senior Finance Manager, US Commercial, is a strategic finance leader responsible for financial planning, analysis, and reporting for the Cardiometabolic U.S.
Commercial business. This role partners closely with senior leadership, including the General Manager, to support growth and profitability initiatives through forecasting, annual planning, LBEs, capital and headcount planning, performance reporting, and business insights. The position also collaborates with cross-functional finance teams to drive informed decision-making and achieve business objectives.
What You'll Work On Responsible for compliance with applicable Corporate and Divisional Policies and procedures. Ongoing tasks of this position include performance management of the business and evaluation of direct reports, leadership of all relevant planning & LBE processes, establishment and maintenance of internal controls over pricing, profitability & spend, compliance with all corporate policies, and effective financial input into key strategic initiatives. Reporting to the CMI BU Controller with a responsibility to the General Manager Cardiometabolic US Commercial.
Collaborate with CMI Business Unit Finance, GBS and other local entity controllership teams on monthly and quarterly accounting and FP&A requirements. Act as a key liaison with Demand Planning and Marketing teams to ensure connection of key market and financial results/forecasts, playing a key role in the S&OP process. Monitor the calculation of Gross to Net Sales for actuals and different planning scenarios.
Establishes guidelines and directs the preparation of budgets and forecast updates in accordance with GAAP and BU Requirements. Identifies and analyzes business problems and opportunities and evaluates the financial and operational results of the relevant functions. Furnishes management with findings and recommendations needed to make significant operational decisions which impact profitability and cash flow.
Lead and coordinate preparation of Quarterly Business Reviews for US-Region. Provide Monthly Business Review and other financial dashboards to commercial teams (Mktg, C&P, EAM, Sales, etc). Assist in the development, implementation, and administration of business plans, vendor/distributor agreements, marketing promotions, commission plans and other contractual support.
Encourages the professional and management development of accounting/finance staff. Required Qualifications Bachelor's degree in accounting/finance/economics or related. 8-10 years of financial experience with prior experience in commercial operations/FP&A.
Preferred Qualifications Requires effective communication skills with all levels of management, inside and outside of finance Previous experience managing a team a plus Individual must be a self-starter who works independently as well as within a team Must be proficient in Excel and PowerPoint Experience with SAP/Hyperion/Power BI/BW preferred Experience involving extensive work with complex excel files CPA/MBA is preferred Apply Now Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: https://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 abbott.com , on LinkedIn at https://www.linkedin.com/company/abbott-/ , and on Facebook at https://www.facebook.com/AbbottCareers .
The base pay for this position is $129,300.00 – $258,700.00 In specific locations, the pay range may vary from the range posted. JOB FAMILY: Financial Planning and Analysis DIVISION: CMI ARDx Cardiometabolic and Informatics LOCATION: United States > Lake Forest : J55 ADDITIONAL LOCATIONS: WORK SHIFT: Standard TRAVEL: Yes, 10 % of the Time MEDICAL SURVEILLANCE: Not Applicable 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