Senior Manager, Financial Planning & Analysis

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 facility 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

The Senior Manager, Financial Planning & Analysis provides financial leadership to the United Stated Core Diagnostics Commercial Organization.  Abbott Core Diagnostics provides comprehensive laboratory solutions designed to enhance healthcare performance.  Abbott’s offerings include a wide range of diagnostic tests and instruments used in hospitals, laboratories, and clinics worldwide. These solutions cover various areas such as clinical chemistry, immunoassay, hematology, and infectious diseases.  The incumbent will drive financial planning processes, ensure data integrity, and provide critical business insights to executive leadership.  The incumbent will lead a team of Finance Supervisors dedicated to the main regions within the US.

MAIN RESPONSIBILITIES

• Prepare and present comprehensive financial reports, including Plans, LBE’s, and long-range projections, ensuring data integrity and compliance with GAAP and Abbott’s policies. Facilitate executive decision-making with high-quality presentations
• Create innovative financial tools to support strategic decision-making and performance tracking.
• Identify and implement strategies to enhance margin profitability and streamline financial processes.
• 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.
• Oversee month-end accounting to deliver timely, accurate, and well-presented P&L, balance sheet, and sales reports.
• Build and lead a high-performing financial team. Foster teamwork, drive results, and ensure staff development through mentoring, performance management, and recognition.
• Implement efficient planning processes for the division, coordinating key dates and deliverables.
• Coordinate and present monthly financial reviews to Global Headquarters Senior 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,