Assistant Controller CMI

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

Benefits offered by this job

Competitive compensation

Job summary

Abbott Laboratories in Lake Forest, IL, is seeking an Assistant Controller for the CMI business unit to manage financial planning, analysis, and reporting. You will coordinate with BU finance teams to support growth and profitability programs, and to ensure alignment with division strategies.

This role leads monthly close, LBEs, and quarterly reviews, while providing insights on gross-to-net movements and market drivers.

Qualifications

• Requires effective communication skills with all levels of management.
• 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.

Responsibilities

• Establish, maintain, and control financial planning processes to deliver Plans and LBEs.
• Lead and coordinate quarterly business reviews for the US Region.
• Provide margin analyses, price/volume analyses and insight into sales consumption and shipments.
• Support cost center expense forecasting and reporting.
• Manage and develop staff.

Skills

Communication skills

Team leadership

Self-motivated

Analytical thinking

Excel proficiency

PowerPoint proficiency

Education

Bachelor's degree in accounting or finance

CPA or MBA preferred

Tools

Excel

PowerPoint

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.

Descritivo de Cargo

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, 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 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&OP 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.

Família de Cargo Financial Planning and Analysis Divisão CMI ARDx Cardiometabolic and Informatics

Localidade United States > Lake Forest : J55

Localidades Adicionais

Turno de Trabalho Standard Viagem Yes, 10 % of the Time Vigilância médica Not Applicable Atividades de trabalho significativas Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf

EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf

A Abbott significa o poder da saúde. Por mais de 125 anos, a Abbott tem ajudado as pessoas a alcançar seu potencial - porque uma saúde melhor permite que indivíduos e comunidades vivam melhor. Com uma rede global e diversificada, que serve clientes em mais de 160 países, criamos novas soluções - em todo o espectro da saúde, em todo o mundo, para todas as fases da vida. Seja através da próxima geração de equipamentos de diagnóstico, dispositivos médicos para estilos de vida em transformação, nutrição baseada em ciência, ou novas reformulações, estamos desenvolvendo tecnologias mais inovadoras e revolucionárias na área da saúde para que indivíduos vivam melhor e com mais saúde.

Os colaboradores da Abbott vêm trabalhar todos os dias com energia, entusiasmo e comprometimento com o intuito de promover a saúde e o bem-estar de milhões de pessoas. Eles superam os limites para ajudar a gerenciar e tratar alguns dos maiores desafios de saúde da vida. Convidamos você a explorar as oportunidades na Abbott, a ver se seus talentos e aspirações de carreira podem se encaixar com as nossas vagas. A Abbott é uma empresa que oferece oportunidades iguais e acolhe e incentiva a diversidade em nossa força de trabalho.

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