Assistant Controller CMI

Abbott; Lake Forest (IL); On-site; USD 129,000 - 259,000; Full time

Job summary

Abbott is seeking an Assistant Controller, CMI to manage financial planning, analysis and reporting for the CMI business unit. You will lead long-range and annual plans, LBEs, and headcount planning while coordinating with BU finance teams.

The role involves monthly close, variance analysis, and presenting results to Sr Leadership; you will work closely with Demand Planning, Marketing and margins initiatives, with a focus on US Cardiometabolic markets.

Qualifications

• Bachelor's degree in accounting or finance.
• 10+ years of finance experience with strong analytical, time management and people management skills.
• CPA/MBA is preferred.

Responsibilities

• Lead financial planning processes for the CMI unit.
• Coordinate monthly close, variance analysis and reports.
• Provide margin analyses and price/volume insights.
• Support strategic initiatives and cost-saving measures.
• Manage and develop staff.

Skills

Excel

PowerPoint

Leadership

People management

Education

Bachelor's degree in accounting or finance

Tools

SAP

Hyperion

Power BI

BW

Job description

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 115,000 colleagues serve people in more than 160 countries.

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your 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.
• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
• An excellent retirement savings plan with a high employer contribution.
• Tuition reimbursement, theFreedom 2 Savestudent debt program, andFreeUeducation 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 worldwide 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.

The Opportunity

The Assistant Controller, CMI manages all aspects of financial planning, analysis and reporting related to the consolidated CMI business unit (BU) as well as key BU level support functions, including analysis to support key growth and profitability programs. Financial planning activities include long-range plans, the annual plan, regular LBE's, capital planning, and headcount planning. Reporting activities include the monthly close, variance analysis, and internal management reporting. Monthly reporting of results versus benchmarks including prior year, Plan and LBEs. Coordinate financial matters with the CMI BU Controller, as well as other members of the division and BU finance teams.

What You'll Work On

• Establish, maintain, and control financial planning processes to deliver meaningful and comprehensive Plans and LBEs, assuring compliance with Division requirements.
• Play a leadership role in identifying trends/risks/opportunities in sales and P&L forecasts.
• Responsible for understanding the Area / Division commercial strategies across US Cardiometabolic market and helping to create effective analyses/communications to present financial components to Sr Leadership.
• Act as a key liaison with Demand Planning and Marketing teams to ensure connection of key market and financial results/forecasts, playing a key role in the S&O process.
• Monitor the calculation of Gross to Net Sales for actuals and different planning scenarios.
• Lead and coordinate preparation of Quarterly Business Reviews for US Region.
• Prepare ad-hoc analysis and backup schedules to assist finance and commercial leadership in decision-making process.
• Provide finance leadership to Division and Corporate strategic initiatives such as Margin & Profitability (M&P) programs, cash flow, and other cost saving and value creation initiatives.
• Provide Monthly Business Review and other sales dashboard to regional sales teams.
• Support cost center expense forecasting and reporting.
• Partner with Finance back office on accounting policies and compliance.
• Provide margin analyses, price/volume analyses and insight into sales consumption and shipments
• Provide support on strategic projects.
• Assist in the development, implementation, and administration of business plans, vendor/distributor agreements, marketing promotions, and other contractual support.
• Manage and develop staff.

Required Qualifications

• Bachelor's degree in accounting or finance.
• 10+ years of relevant finance experience with strong analytical, time management and people management skills.

Preferred Qualifications

• Requires effective communication skills with all levels of management, inside and outside of finance
• Previous experience managing a team a plus
• Individual must be a self-starter who works independently as well as within a team
• Must be proficient in Excel and PowerPoint
• Experience with SAP/Hyperion/Power BI/BW preferred
• Experience involving extensive work with complex excel files
• CPA/MBA is preferred

An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.

We provide reasonable accommodation to qualified individuals with disabilities.

The base pay for this position is $129,300.00 – $258,700.00. In specific locations, the pay range may vary from the range posted.