Senior Finance Manager

Abbott Laboratories; Austin (TX); On-site; USD 129,000 - 259,000; Full time

Benefits offered by this job

Free medical coverage

High employer retirement contribution

Tuition reimbursement

Freedom 2 Save student debt program

FreeU education benefit

Job summary

Abbott Laboratories is seeking a Senior Finance Manager for its CRM organization, based onsite in Austin, TX. This role leads margin improvement efforts, partners with business leaders, and manages forecasts and budgeting for the US Commercial Services team.

You will build financial models, analyze ROI, and prepare executive-ready presentations. Strong Excel and SAP/E Essbase/PowerBI skills are essential for driving results and supporting strategic initiatives.

Qualifications

• Bachelor’s degree in Business Admin, Finance, or related field.
• 8-10 years of full-time finance/accounting experience.
• Strong analytical and communication skills.

Responsibilities

• Drive continuous margin improvement with high-impact initiatives.
• Collaborate across site and function leadership to set goals.
• Review projects for financial impact and ROI.
• Provide cash flow and P&L analysis for leadership.
• Develop forecasts for OMC and SG&A with historical trends.
• Build financial models to address complex business questions.
• Create executive-ready presentations with clear visuals.
• Conduct ad-hoc analyses as needed by the business.
• Manage and develop junior financial analysts.

Skills

Financial analysis

Strategic thinking

Advanced Excel

SAP

Essbase

PowerBI

Effective communication

Education

Bachelor’s degree in Business Administration, Finance, or Accounting

Tools

SAP

Essbase

PowerBI

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.

The Opportunity

A healthy heart is essential to good health. That's why we're committed to advancing treatments for people with cardiovascular disease. As a global leader, Abbott Cardiac Rhythm Management (CRM) delivers medical technologies that improve how doctors treat patients with heart arrhythmias, or irregular heartbeats. We help restore people's health so they can live their best and longest lives.

Abbott CRM is seeking a highly motivated Senior Finance Manager to join our dynamic team based onsite in Austin, TX. This role will play an integral part in the financial planning, analysis and reporting processes for Abbott’s CRM organization. You will have the opportunity to partner with the business and drive results through the evaluation and implementation of strategic margin initiatives and programs. You will also be the key finance support of the US Commercial Services team, managing the functional budget and forecasting for LBEs (Latest Best Estimates).

WHAT YOU’LL DO

• Act as the key Finance leader driving continuous margin improvement, including execution of high impact initiatives and tracking and reporting of progress to Division leadership
• Collaborate and influence across site and function leadership and staff to assign goals, develop project funnels, support execution, and manage/mitigate risks
• Review and approve projects in the margin improvement program, ensuring accuracy and reliability of financial impacts reported to Division leadership
• Ensure project analyses are presented with a complete and reliable assessment of financial impact (cash flow impact and P&L impact)
• Support business case creation, DCF/ROI (Discounted Cash Flow/ Return on Investment) analyses, RCE (Request for Capital Expenditures) preparation and approval and contract negotiations as needed to drive projects forward
• Prepare and distribute financial reports and packages by gathering and analyzing information related to current performance. Provide commentary on variances against various benchmarks. Scope includes Income Statement and Balance Sheet
• Develop detailed OMC and SG&A forecasts incorporating historic, trended, and current business information. Ensure complete, accurate and timely submissions for quarterly forecasting cycles i.e. LBE
• Build financial models to deep dive into complex business problems. Provide financial analysis to Sr. Management and other internal users in order to aid with the process of making business decisions.
• Prepare executive-ready presentations with concise messaging. Translate data into meaningful visuals / charts appropriate for the audience
• Perform ad-hoc projects and analysis as needed by the business
• Manage and develop financial analyst reporting to you

EDUCATION AND EXPERIENCE YOU’LL BRING

Required Qualifications:

• Bachelor’s degree in Business Administration, Finance, Accounting, or related field.
• 8-10 years of full-time finance and/or accounting experience.
• Proven history of critical thinking and problem solving, providing insights and delivering tangible results
• Strong analytical skills and ability to effectively communicate complex topics to a broad financial and non-financial audience
• Proficient in Microsoft Office Suite (Excel, PowerPoint, etc.) with advanced Excel skills
• Ability to learn system software and databases quickly (SAP, Essbase, PowerBI)

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 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.
• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
• 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.

* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life.

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 $129,300.00 – $258,700.00. In specific locations, the pay range may vary from the range posted.