Assistant Controller, Financial Planning and Analysis

Abbott (abbottcareers2 board); Lake Forest (IL); On-site; USD 149,000 - 299,000; Full time

Benefits offered by this job

Free medical coverage (HIP PPO)

Excellent retirement savings plan with

Tuition reimbursement

FreeU education benefit

Diversity and inclusion recognition

Job summary

Abbott, a global healthcare leader, invites applications for a senior financial planning and analysis role at the Lake Forest, IL site within Infectious Disease. You will own quarterly LBE and OEM review processes, lead data integrity, budgeting, and monthly reporting for the business unit and corporate needs.

Requirements include a Bachelor's in Finance or Accounting, CPA or equivalent, 10–15 years in multinational financial analysis or planning, and fluent English.

Qualifications

• Bachelor's degree in Finance or Accounting, Economics or Business Administration.
• CPA or equivalent.
• 10-15 years of experience in Financial Analysis, Planning or Reporting in multinational company environments.
• Strong interpersonal skills, ability to interact with multiple management levels of the organization.
• Strong business acumen and understanding of strategic drivers.
• 3-5 years of Supervisory or Managerial experience.
• Fluent in English, written and oral.

Responsibilities

• Define timetables and key tasks required to ensure delivery and reporting of LBE review package for Business Unit, Division and Corporate are met within established deadlines.
• Serve as key liaison with Business Unit on all LBE related matters.
• Lead consolidation, data review, review deck preparation and ensure integrity and accuracy of all data is maintained.
• Ensure a robust planning system in Business Unit to meet Division requirements, recommend improvements to process to ensure efficient and timely results.
• Provide financial guidance to the affiliates in the preparation of the budgets, sales, and all relevant reporting requirements.
• Lead the consolidation, monthly reporting and analysis of Infectious Disease Business Unit financial actual results including: ensure action taken on follow up items for Monthly finance meetings; Monthly Performance Analysis Reports review with affiliates, follow through on actions; Monthly Actual explanation of variances; Recommend actions to ensure meeting targets or corrective actions; Develop and track risks and opportunities; Other Ad-hoc as required by Business Unit, Division, Corporate.
• Lead the consolidation and analysis of ID Business Unit OEM including: Define timetables and key tasks required to ensure delivery and reporting of OEM review package for Business Unit, Division and Corporate are met within established deadlines; Lead consolidation, data review, review deck preparation and ensure integrity and accuracy of all data is maintained.
• Lead and deliver financials and insights for monthly S&OP process: Prepare monthly financial package for Executive S&OP (Division), provide insights and recommendations on outlook; Preparation of monthly BU financial deck for S&OP meeting.
• Fulfill all administrative responsibilities related to performance reviews, assigned personnel development, growth plan achievement for self and direct reports.

Skills

Fluent English

Interpersonal skills

Analytical skills

Communication skills

Education

Bachelor's degree in Finance or Accounting

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 122,000 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 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 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 a best place to work for diversity, working mothers, female executives, and scientists

The Opportunity

This position works out of our Lake Forest location in the Infectious Disease division.

What You'll Work On

• Full accountability for managing and leading quarterly LBE and confirm process:
  • Define timetables and key tasks required to ensure delivery and reporting of LBE review package for Business Unit, Division and Corporate are met within established deadlines.
  • Serve as key liaison with Business Unit on all LBE related matters.
  • Lead consolidation, data review, review deck preparation and ensure integrity and accuracy of all data is maintained.
  • Ensure a robust planning system in Business Unit to meet Division requirements, recommend improvements to process to ensure efficient and timely results.
  • Provide financial guidance to the affiliates in the preparation of the budgets, sales, and all relevant reporting requirements.
• Lead the consolidation, monthly reporting and analysis of Infectious Disease Business Unit financial actual results including:
  • Ensure action taken on follow up items for Monthly finance meetings.
  • Monthly Performance Analysis Reports review with affiliates, follow through on actions.
  • Monthly Actual explanation of variances.
  • Recommend actions to ensure meeting targets or corrective actions.
  • Develop and track risks and opportunities.
  • Other Ad-hoc as required by Business Unit, Division, Corporate.
• Lead the consolidation and analysis of ID Business Unit OEM including:
  • Define timetables and key tasks required to ensure delivery and reporting of OEM review package for Business Unit, Division and Corporate are met within established deadlines.
  • Lead consolidation, data review, review deck preparation and ensure integrity and accuracy of all data is maintained.
• Lead and deliver financials and insights for monthly S&OP process:
  • Prepare monthly financial package for Executive S&OP (Division), provide insights and recommendations on outlook.
  • Preparation of monthly BU financial deck for S&OP meeting.
• Fulfill all administrative responsibilities related to performance reviews, assigned personnel development, growth plan achievement for self and direct reports.

Required Qualifications

• Bachelor's degree in Finance or Accounting, Economics or Business Administration
• CPA or equivalent
• 10-15 years of experience in Financial Analysis, Planning or Reporting role in Multinational company environments
• Strong Interpersonal skills, ability to interact with multiple management levels of the organization.
• Strong business acumen and understanding of strategic drivers
• 3-5 years of Supervisory or Managerial experience
• Strong analytical and communication skills. Able to interact with Senior levels of organization
• Fluent in English, written and oral

Preferred Qualifications

• MBA or advanced degree

Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com , on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal

The base pay for this position is $149,300.00 - $298,700.00 In specific locations