Manager Financial Planning
AbbottAbout the role
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 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 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 the best place to work for diversity, working mothers, female executives, and scientists.
*Qualified candidates must currently reside in the Lake Forest/Chicagoland, IL area.
The Opportunity
Abbott’s Core Diagnostic Division, located in our headquarters in Lake Forest, IL, has a new opening for a Manager, Division Financial Planning & OEM.
The Manager, Division Financial Planning & OEM, serves as a strategic finance leader responsible for driving the division’s long-range planning process (OEM) and overseeing comprehensive financial planning and analysis activities for Cash Flow. This role partners closely with executive leadership and cross-functional teams to deliver robust, data-driven insights that shape the division’s strategic direction.
What You'll Do:
- OEM Leadership:
- Lead the development, coordination, and delivery of the division’s OEM (Organic Execution Model, a.k.a. Long-Range Financial Plan), ensuring alignment with corporate objectives and market dynamics.
- Drive scenario planning, sensitivity analysis, and risk/opportunity assessments to support strategic decision-making.
- Facilitate cross-functional collaboration across Finance, Operations, Commercial, and R&D to ensure OEM assumptions are comprehensive and achievable.
- Financial Planning & Analysis
- Lead the division’s financial planning processes, including annual plan, LBEs, and strategic forecasts, with a strong focus on Cash Flow and Balance Sheet management.
- Drive monthly and quarterly Cash Flow and Balance Sheet reviews with business unit controllers, ensuring accuracy, integrity, and alignment with corporate objectives.
- Provide actionable insights and recommendations to optimize working capital, and capital expenditures.
- Ensure robust governance and controls around forecasting assumptions and reporting processes.
- Executive Reporting & Presentations:
- Develop and deliver high-impact presentations for senior management and corporate leadership, including OEM, competitor analysis, and strategic updates.
- Ensure all analyses are comprehensive, data-driven, and aligned with business priorities.
- Leadership & Governance:
- Establish and maintain robust planning processes, timelines, and governance frameworks.
- Mentor and develop team members, fostering a culture of accountability and continuous improvement.
Experience Required:
- Bachelor’s degree in finance, Accounting, or related field.
- 7+ years of progressive finance experience, including strategic planning and FP&A leadership roles.
- Strong analytical, communication, and executive presentation skills.
- Proven ability to lead cross-functional teams and influence senior stakeholders.
Preferred:
- MBA or CPA strongly preferred
- Experience with TM1, HFM preferred.
- Experience with C-Suite – presentations
* Participants who complete a short wellne
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