Finance Supervisor - R&D

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:

About Abbott

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

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.
• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
• 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

This position works out in our facilities of Lake Forest, IL in the 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.

What You’ll Work On

Abbott Core Diagnostics has an opening for a Finance Supervisor - R&D FP&A at our Lake Forest, Illinois location. This individual is the financial partner and counsel to R&D – Hematology team.  This position participates in strategic initiatives and provides financial information which enables timely and effective decision making. This role has full responsibility for the planning and execution of key financial processes across the R&D areas it supports, including Plan, RLBEs, Confirmations, Actuals Reporting, etc.  In addition, this role is also responsible for managing the consolidation of R&D capital and developing ad hoc analytics and reporting as requested by Division, Corporate and/or R&D Leadership as needed. This role will have one (1) direct report on site.

 

Main responsibilities include:   

• Support the development of the annual Plan for Hematology.  Coordinate with PMO to understand and incorporate R&D Long Range Portfolio and Commercial prioritization when developing the annual Plan.  Support preparation of the Division Plan Review Book and all required Division/Corporate schedules.
• Develop quarterly RLBE and Confirmations for Hematology.  Develop timely and accurate P&L and BS forecasts for R&D spend.  Understand and communicate key forecast assumptions and potential material risks and opportunities to the forecasts.  Actively participate in RLBE and Confirmation reviews with R&D FP&A manager.  Prepare schedules and commentary required for Division submission.
• Develop and distribute monthly actuals reporting package.  Prepare R&D VP Staff Meeting and VP monthly review packages.  Prepare and/or review other monthly financial results presentations for each R&D organization as needed.  Review and ensure timely submission of R&D actuals and required commentary to Division.
• Manage the consolidation of R&D capital projects requirements and coordinate with the different internal functional areas the need of related capital authorizations, capital expenditures, and project expense.
• Lead, direct, and develop a financial analyst professional.
• Assume a significant leadership role in the identification, development and implementation of financial policies and procedures across the R&D organization.  Identify and imple