Senior Analyst Business Analytics – IT Supplier Management Office

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 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 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 around the world 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 a best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

The IT Strategic Supplier Management Office (SMO) drives integration between IT Leadership, IT Operations, IT Finance, Procurement, and contracted Service Providers while ensuring receipt of services in accordance with outsourcing agreements. The SMO optimizes contract, performance, financial, and relationship management processes, building a foundation to resolve issues, monitor contract compliance, drive continuous improvement, and guide the relationship with the providers.

With a focus on innovation, we continuously seek ways to enhance and optimize existing deliverables and create new reporting solutions. We are also uniquely positioned to identify and implement leading practices across the organization.

This is a high visibility role with tremendous opportunity to make an impact. This position will work closely with key business partners across the IT organization and partner with IT Finance to drive thoughtful analysis and reporting. It requires excellent people skills and a strong understanding of financial principles and accounting rules.

Primary Responsibilities:

• Build and enhance data and forecast models and analyses to support strategic IT initiatives and cost allocation models.

• Plan and forecast strategic IT contract spend.

• Analyze new business ideas, make analytical judgments, and provide data-intensive analyses to drive meaningful change.

• Provide standard budgetary and rebate support, including up-to-date spend and balance metrics.

• Proactively identify areas of opportunity for process improvement efficiencies.

• Support the preparation of materials for leadership discussions to evaluate initiatives.

• Develop trust-based relationships with our finance business partners to positively influence the direction of the firm.

• Contribute to other aspects of Strategic IT Business cases, as directed by team leadership.

• Assist in planning and forecasting exercises of strategic IT contract spend.

• Manage the quarterly and ad-hoc purchasing cycles of Salesforce software products:

• Collect, validate the accuracy, and consolidate demand for licenses from all divisions.

• Analyze the demand, identify the drivers and financial impacts, and provide a summary statement to management.

• Request Order Forms from the vendor and check their accuracy.

• Compute chargeback/recovery amounts and work with finance to ensure timely processing of charges to divisions.

• Reconcile actuals against the forecast and update financial outlook if necessary.

• Work with Finance, Accounts Payable, and Supplier Collection teams to resolve invoicing issues.

• Build and enhance data and data models and provide variance analyses in support of strategic IT initiatives and processes.

• Assist in the analysis of business cases, including building models/proposals based on business requirements, outlining assumptions, and developing data/financial models.

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