Sr. Manager Financial Planning and 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:

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

We are seeking an experienced Sr. Manager Sr. Financial Planning & Analysis within Abbott’s Medical Device Division headquarters function onsite inn St. Paul, MN.  This is a key leadership role that will lead and manage the Rolling Latest Best Estimate (RLBE) / Plan and Organic Execution Model (OEM) processes for Medical Devices.  The individual in this role will prepare executive level RLBE / Plan / OEM presentations for the Division Controller and actively support an array of ad-hoc FP&A activities for senior leadership.  The role will also serve as a key liaison between the eight Medical Device Business Units, Medical Devices leadership, and the Corporate Financial Planning & Analysis (FP&A) team.  This requires prioritization, efficiency, and attention to detail to ensure accurate and timely financials and analyses are provided to leadership to enable informed decision making.  This role has oversight of three direct reports.

What You’ll Work On

Key activities the person in this role will be responsible and accountable for include:

• Manage RLBE / Plan / OEM (long range plan) processes from a headquarters perspective, which includes setting deadlines, providing guidance on deliverables, completing RLBE submissions and performing division-level analysis. 
• Manage the P&L consolidation of total Division results and summaries by Business Unit for monthly reporting, quarterly RLBEs and quarterly Confirmation estimates for Medical Device Leadership’s review and decision-making.
• Prepare quality, concise and polished financial presentation content for executive meetings, including Monthly Staff Meetings, presentation of RLBEs and OEM to Corporate, as well as Board of Director’s presentations.
• Serve as key liaison with Corporate FP&A on follow-up questions on RLBE submissions, Board of Director’s content as well as other ad hoc requests.
• Identify, recommend, and implement finance process improvements across the Medical Device Business Units and with Corporate; includes facilitating regular meetings with Business Unit Assistant Controllers to review key topics, relay guidance and discuss/share finance best practices.
• Manage the Medical Device HQ budgeting and reporting, including forecasting, month-end close, and review of results with the Division Controller.
• Oversight of Capital reporting and consolidation of the Medical Device Business Unit submissions for RLBE / Plan / OEM.  Responsible for cascading capital related guidance and active participation in Abbott’s Divisional Capital Council meetings to share best business practices, align on company expectations and discuss improvement ideas.
• Manage and develop three finance staff; this includes hiring, training and developing skills and capabilities that prepare finance talent for their next Abbott finance roles.

Required Qualifications

• Bachelor’s Degree in Finance or Accounting,
• 10-12 years of progressive Finance/Accounting experie