Financial Planning & Analysis Manager

Abbott Laboratories; Fatih; On-site; TRY 480,000 - 720,000; Full time

Job summary

Abbott Laboratories is seeking a Financial Planning & Analysis Manager to lead the Istanbul finance team within Established Pharmaceuticals. The role focuses on planning, budgeting, and reporting across a broad portfolio in healthcare, with close collaboration across Finance and Operations.

The position requires strong analytical skills, English fluency, and a minimum of five years in finance, ideally within healthcare or pharma sectors, and involves KPIs and SOP implementation to support

Qualifications

• Bachelor’s degree in finance, business administration or economics.
• Minimum 5 years of experience in the Finance department.
• Good command of both written and spoken English.
• Solid analytical and problem-solving skills.

Responsibilities

• Support yearly financial plan and quarterly estimates including expenditures, profit, headcount and cash flow.
• Lead monthly close activities with Finance and Operations stakeholders.
• Partner with commercial teams on budget management and long-range plans.
• Prepare financial data for reconciliations and S&OP meetings with latest results, risks and contingencies.
• Perform profitability analysis on products and report brand P&L results.
• Monitor variances between forecast and commitments and communicate gaps.
• Ensure timely financial reporting to Region and Division (LBEs, MT).
• Coordinate with auditors and ensure SOP processes in finance are followed.

Skills

Analytical skills

English proficiency

Problem-solving

Education

Bachelor’s degree in finance, business administration or economics

Job description

Financial Planning & Analysis Manager

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.

The Opportunity

This position works at Istanbul location in the Established Pharmaceuticals Division that we are committed to bringing the benefits of our trusted medicines to more people in the world’s fastest-growing countries. Our broad portfolio of high-quality and differentiated branded generic medicines reaches across multiple therapeutic areas including gastroenterology, women's health, cardiometabolic, pain management/central nervous system, and respiratory.

What You’ll Do

1. FINANCIAL PLANNING MANAGEMENT

1.1. Supporting yearly financial plan and quarterly Latest Best Estimate preparations (estimations for expenditure, profit, headcount, Cash Flow)
1.2. Leading regular month-end closing activities by collaborating with stakeholders from Finance and Operations.
1.3. Business Partnering with commercial team on company financial planning, budget management and long-range business plans.
1.4. Being fully involved in financial data preparation for Financial Reconciliation and S&OP meeting with latest results, risks, contingencies and suggestions monthly.
1.5. Performing profitability analysis on products and report the results with brand P&Ls.
1.6. Identifying and communicating gap between proposed forecast and the financial commitment.
1.7. Ensuring the submission of monthly, quarterly and yearly financial reporting to Region and Division (LBEs (Latest Best Estimate), MT (Monthly Tracking))
1.8. Ensuring all financial transactions in the Balance Sheet and P&L areas are being recorded properly and getting the variance explanations from related parties
1.9. Monitoring completion/status of action items related to her/his job responsibilities from prior S&OP meeting.
1.10. Initiating ad-hoc analysis for strategic decisions of Turkey affiliate
1.11. Achieving & maintaining KPIs at Required level at Department Level
1.12. Conducting Transfer Pricing practice annually as main contact of affiliate
1.13. Developing financial awareness by preparing and sharing financial newsletter with upper management which includes business unit based P&Ls, financial results and suggestive actions in order to achieve total year targets
1.14. Initiating ad-hoc analysis for strategic decisions of Turkey affiliate
1.15. Acting as EPD contact with the Company’s independent external and internal (Abbott International) Auditors on Planning matters including Policies and Procedures.
1.16. Leading projects about Profit & Lost Improvements
1.17. Implementing SOP processes in finance area

2. CAPITAL MANAGEMENT AND EXPENSE CONTROL

2.1. Performing Capital Expenditure requests through a tool and monthly follow-up of Fixed Asset capitalization
2.2. Ensuring compliance with Financial Procedures relating to requests for Capital of a Financial nature.
2.3. Preparing and maintaining the CAPEX budgets in LBE periods and actual spending.
2.4. Assessing the feasibility of investments by calculating the NPVs and IRRs of the projects.
2.5. Analyzing Capital Expenditure and project expense variances (Actual vs Plan, LBE and PY)

Required Qualifications

• Bachelor’s degree in finance, Business Administration or Economics
• Minimum 5 years of experience in the Finance department
• Good command of both written and spoken English
• Solid analytical and problem-solving skills

Preferred Qualifications

• Experience in the Finance department, preferably in the Healthcare / Pharmaceutical sector