Senior Financial Analyst

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.

We’re focused on helping people with diabetes manage their health with life-changing products that provide accurate data to drive better-informed decisions. We’re revolutionizing the way people monitor their glucose levels with our new sensing technology.

Primary Function:

• Responsible for the consolidation and reporting of actuals and financial forecast from the affiliates, by setting up or using existing processes for gathering, maintaining, and analyzing the required information and improving the quality of information submitted to Global HQ.
• Take lead to continuously optimize the analytics files and process to increase the forecasting accuracy and efficiency across APAC.
• Act as finance business partner for Area HQ leadership team. This includes mainly:
  1. Partnering with Area HQ stakeholders to forecast SG&A expense during LBE cycle and review with Area DVP and Area Financial Controller, monitor and track the spending to keep it within control.
  2. Supporting Area HQ BHR to track and reconcile APAC headcounts to make sure clear status update in each LBE cycle.
  3. Taking in charge of Area HQ month end closing activities.
• Lead APAC SG&A forecasting through providing guidance to countries, and insights to Area Leadership to support decision making.
• A secondary role is to support the affiliates in using the ADC financial planning system and accounting system (S4 HANA). This would include training of new personnel, maintenance, and control of the planning system.
• The core affiliates of focus are Hong Kong, Taiwan, and SEA markets, with project leadership for specific activities with the Area team.

Major Responsibilities:

• Maintain Area finance calendar, support Area finance team to coordinate with Demand, Global and Country finance for setting up proper dates of submission timing.
• Prepare, consolidate, and analyze monthly actual reports required by Global HQ and Area Finance including Flash report, Capital, DSO, DOH, SG&A. Ensure accurate and timely submissions.
• Prepare, coordinate, and consolidate daily/weekly sales reporting required by Global HQ and Area Finance. Track and monitor actual sales and margin performance.
• Provide analyses and commentary and proactively highlight unusual trends and take timely action to address variances.
• Drive the analytics file and process improvement to increase forecasting accuracy and efficiency across APAC.
• Consolidation of Quarterly LBE (Latest Best Estimates) and ad hoc reports required by Area Finance and Global HQ.
• Prepare summary reports for analysis of actual, quarterly LBEs and other ad-hoc requests.
• Lead APAC SG&A forecasting through providing guidance to countries, and insights to Area Leadership to support decision making.
• Conduct monthly management reporting and provide timely financial dashboard to Area Management.
• Develop ad-hoc or regular analytic reports that supports management review and decision making.
• Develop templates and procedures where required and support affiliates with clear guidance in completing the templates.
• Act as key contact for CFS that supports Area HQ, responsible for reporting of Area HQ accounting transactions, such as intercompany billings, invoices, purchase orders and payment.
• Provide support in the development and implementation of new financial planning tools and systems, if any.
• Coordinates financial systems outages and enhancements with relevant IT and Global HQ teams.
• Provide system training and render support to affiliates when needed.
• Involvement in any other projects that Global HQ and Area Finance takes on.

Requirements:

• Bachelor's Degree in Finance or equivalent education.
• Minimum 5 years of working experience in Financial Planning and Analysis role, background in audit preferred.
• Good knowledge of accounting principles and internal control process.
• Cross border/regional/international experience preferred.
• Highly proficient in Microsoft Excel and data reporting system such as Hyperion, Dodeca, S4 HANA.
• Strong analytical skills and attention to details.
• Able to organize processes.
• Result-driven; strong commitment to meet timelines with accuracy.
• Effective communication and influencing skills, both upwards and downwards.
• Team player.
• Flexible while working within constraints and guidelines.
• Takes initiative in problem solving.

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.