Finance Manager

Abbott

Alameda (CA)

On-site

USD 114,000 - 228,000

Full time

14 days+

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Job summary

Abbott is seeking a Finance Manager to partner with Commercial & Marketing teams in Alameda, CA. This onsite role focuses on actuals reporting, forecasting, and cross-functional coordination to meet plan deadlines, while developing analytics to support submissions and decisions.

The candidate should bring 7+ years in FP&A or related finance roles, a strong grasp of GAAP, and proven leadership abilities to guide a finance team and improve processes in a dynamic healthcare environment.

Qualifications

  • Bachelor’s degree preferred in Accounting, Finance, or Economics or an equivalent combination education and work experience; MBA preferred.
  • Minimum of 7 years of finance and supervisory experience (FP&A, Cost/General Accounting and Financial Reporting).
  • Ability to plan, implement and administer financial information and control systems.
  • Knowledge of the principles, processes and standards for integrated financial analysis and reporting.

Skills

FP&A experience
Supervisory experience
Analytical skills

Education

Bachelor’s degree in Accounting/Finance/Economics
MBA preferred

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.

Job Description

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.

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

This position works out of our Alameda, CA location in the Lingo Division. Meet Lingo, a new biosensing technology that provides users a window into their body. Lingo tracks key biomarkers – such as glucose, ketones, and lactate – to help people make better decisions about their health and nutrition. Biowearable technology will digitize, decentralize, and democratize healthcare, enabling consumers to take control of their own health. The Lingo team embodies a start-up culture and mindset with the backing of Abbott, a company with a rich history of healthcare innovation.

Finance Manager, you will provide support and partnership for Commercial & Marketing teams with particular focus on actuals reporting and forecasting for Plan, rLBE and Confirm processes. The role requires coordination with cross functional teams to meet requirements & deadlines, as well as the management & enhancement of analytics to support understanding of submissions. The position requires strong people management, analytical, prioritization, and presentation skills as well as focus on process & identifying areas of efficiency. This is an onsite opportunity in Alameda, CA.

What You’ll Work On
  • Strengthen processes to help develop North America P&L & Balance Sheet forecasts for Plan, rLBE and Confirm.
  • Ensure availability of timely and well-presented sales results, high-quality P&L and balance sheet, & projections vs. appropriate benchmarks as well as trend information.
  • Identify meaningful analytics including trend analyses, which can be gleaned from rLBE submissions; presentation of these findings to North America Commercial senior leadership to aid strategic decision making and agree upon storyline of the submission.
  • Preparation of LBE deck, working with stakeholders to prepare presentation to senior management. Focus on simplifying submissions to make slides concise & executive-ready.
  • Support Management in development of financial Long-Range Planning and Portfolio Management as well as tracking/monitoring progress, profitability and return on investment.
  • Financial expertise in evaluating and identifying the key issues and gaps in business performance and emerging business needs, deliver analyses that provide a foundation for management understanding and action.
  • Develop metrics and reports to identify activity level for monthly review with management to address performance as well as cost and spending drivers.
  • Provide business decision support as required, including meaningful, value-added profitability analyses for new product concepts, new product launches, promotional programs, instrument placements, major customer, distribution channels, and/or product lines to influence and counsel management in developing business and pricing strategies.
  • Develop flexible, comprehensive tools to support commercial program proposals focused on ROI and fully burdened margin profitability to support various business needs, including training to improve the financial understanding of the key nonfinancial commercial management & staff.
  • Maintain and develop system solutions and process improvements that meet the needs of the financial planning & reporting requirements.
  • Responsible for adherence to Abbott accounting policies and procedures (CFMs) and Sarbanes Oxley requirements.
  • Maintain controls to ensure the integrity of assets and compliance with GAAP.
  • Establish competent and appropriately staffed finance team to support current and future needs of the business and functional organization.
Experience You’ll Bring

Required

  • Bachelor’s degree preferred in Accounting, Finance, or Economics or an equivalent combination education and work experience; MBA preferred.
  • Minimum of 7 years of finance and supervisory experience (FP&A, Cost/General Accounting and Financial Reporting). Financial experience at country level a plus.
  • Ability to plan, implement and administer financial information and control systems.
  • Knowledge of the principles, processes and standards for integrated financial analysis and reporting.
  • Knowledge of the principles, processes and standards for integrated financial analysis and reporting.
Base Pay

$114,000.00 – $228,000.00

In specific locations, the pay range may vary from the range posted.

Job Family

General / Shared Services

Division

LNGO Lingo

Location

United States > Alameda: 2901 Harbor Bay Parkway

Additional Locations

None listed

Work Shift

Standard

Travel

Yes, 10 % of the Time

Medical Surveillance

No

Significant Work Activities

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 - English: http://webstorage.abbott.com/common/External/EEO_English.pdf

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

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