Senior Finance Manager, Informatics

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:

Senior Finance Manager, Informatics

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 Abbott Rapid Diagnostics Cardiometabolic and Informatics Business. Our rapid diagnostics solutions are helping address some of the world’s greatest healthcare challenges. 

The Senior Finance Manager, Point of Care (POC) Informatics, manages all aspects of financial planning and analysis and reporting related to the POC Informatics business within the Rapid Diagnostics line of business, including analysis to support key growth and profitability programs. Financial planning activities include long-range plans, the annual plan, regular LBE's, capital planning, and headcount planning. Reporting activities include the monthly close, variance analysis, and internal management reporting. Monthly reporting of results versus benchmarks including prior year, Plan and LBEs. Coordinate financial matters with the CMI BU Controller, as well as other members of the division and BU finance teams.  Provides primary financial support to the General Manager, POC Informatics.

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 POC Informatics.

• Collaborate with CMI Business Unit Finance, GBS and other local entity controllership teams on monthly and quarterly accounting and FP&A requirements.

• Collaborate cross divisionally to support growth in connectivity through process simplification.

• Establishes guidelines and directs the preparation of budgets and forecast updates in accordance with GAAP and BU Requirements, benchmarking SaaS business models to maximize productivity of resources and investments.

• 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.

• Provide periodic (weekly/monthly/quarterly as needed) reporting of financial results/metrics and other financial dashboards to Informatics functional teams. 

• 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.  Supervise 3 direct reports.

Required Qualifications