Finance Manager

Abbott Laboratories; Westford (MA); On-site; USD 99,000 - 199,000; Full time

Benefits offered by this job

Health coverage

Retirement plan

Tuition reimbursement

Education benefit

Job summary

Abbott Laboratories in Westford, MA, seeks a Finance Manager for Manufacturing Operations. You will partner with the Site Controller and plant leadership to lead day-to-day financial planning, analytics, and cost optimization, collaborating with Manufacturing, QA, Engineering, and Supply Chain to translate financial insights into productivity gains.

You will oversee budgeting, capex, costing standards, and performance metrics, ensuring GAAP/SOX compliance and auditing support, while mentoring

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field.
• 7+ years of progressive finance or accounting experience in manufacturing.
• Strong SAP ERP experience and advanced financial modeling.
• Excellent communication and ability to influence senior leaders.

Responsibilities

• Coordinate and manage site financial plans, LBEs, CapEx budgets.
• Prepare annual cost standards for products at Westford.
• Develop and implement financial and operational metrics with plant ops.
• Drive unit cost savings and monitor progress against commitments.
• Ensure US GAAP and SOX compliance; support audits.
• Lead and develop the site finance team.

Skills

Manufacturing finance

ERP systems (SAP)

Financial analysis

Communication skills

Education

Bachelor's degree in Finance/Accounting

Tools

Excel

Job description

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

As the Finance Manager for Abbott’s Westford Manufacturing Operations, you will serve as a key financial partner to the Site Controller and the broader plant management team. In this role, you will lead day-to-day operational finance activities, drive plant-level financial planning, and deliver deep analytics to optimize manufacturing performance. You will actively collaborate with Manufacturing, Quality Assurance, Engineering, and Supply Chain leadership to turn financial insights into measurable productivity improvements and cost savings.

What You’ll Work On

Financial Planning, Analysis & Cost Accounting

• Plan Management:Coordinate, consolidate, and manage the development of site financial plans, including Latest Best Estimates (LBEs), standard cost-setting, and capital expenditure (CapEx) budgets.
• Costing & Standards:Prepare annual cost standards for existing and newly introduced products at the Westford site.
• Performance Measurement:Develop and implement financial and operational measurement tools in partnership with plant operations to drive productivity and customer service improvements.
• Margin Optimization:Facilitate unit cost savings and site-wide cost reduction forums to improve gross margins and rigorously monitor progress against commitments.

Financial Stewardship & Compliance

• Data & Analytics:Gather, analyze, and interpret accounting and operational data to present meaningful variance reporting and actionable recommendations to the Site Controller and plant management.
• Compliance Assurance:Guarantee strict compliance with US GAAP, Sarbanes-Oxley (SOX) regulations, and all corporate and divisional financial policies.
• Audit Support:Support the Site Controller as a key point of contact for internal/external financial audits and corporate compliance reviews.
• Systems, Data & Process Improvement
• ERP Optimization:Leverage SAP and advanced financial analysis tools to ensure accurate inventory tracking, precise product costing, and streamlined financial reporting.
• Process Excellence:Drive the automation, standardization, and simplification of site finance processes to increase reporting efficiency and maintain data integrity.
• Team Leadership & Collaboration
• Team Development:Supervise, mentor, and develop site finance team members, promoting a culture of accountability and continuous professional growth.
• Cross-Functional Partnership:Build trusted relationships across all levels of plant management (Operations, QA, Supply Chain, Engineering) to foster a culture of shared financial stewardship.

Required Qualifications

• Bachelor’s degree in Finance, Accounting, or a related business field.
• 7+ years of progressive finance or accounting experience, with a heavy emphasis on manufacturing finance and operational cost accounting.
• Robust proficiency with ERP systems (SAP preferred) and advanced financial analysis/modeling tools.
• Excellent oral and written communication skills, with a demonstrated ability to influence operational partners and present financial data clearly to senior leaders.
• Results-oriented self-starter with strong business acumen and a continuous improvement mindset.

Preferred Qualifications

• Proven supervisory or team management experience.
• Experience working in highly regulated manufacturing environments (e.g., medical devices, pharmaceuticals, or healthcare manufacturing) is strongly preferred.

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. 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 $99,300.00 – $198,700.00. In specific locations, the pay range may vary from the range posted.