Senior Manager Financial Planning and Analysis

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

Benefits offered by this job

Career development

Health coverage

Retirement plan

Tuition reimbursement

Education benefit

Diversity recognition

Job summary

Abbott Laboratories in Lake Forest, IL is seeking a senior finance leader to drive executive-level FP&A, budgeting, and financial reporting for the division and corporate leadership. You will translate complex data into clear insights to support strategic decisions.

Responsibilities include managing HQ budgets, IT spending governance, and LBE planning, while guiding a team of finance professionals and partnering with cross-functional teams to enable Abbott's continued growth and global impact in

Qualifications

• Bachelor's degree in Accounting/ Finance or related field.
• 8+ years of progressive finance, accounting, FP&A, or corporate finance experience.
• Experience managing financial planning, forecasting, budgeting, and reporting processes.
• Strong analytical and problem-solving skills with the ability to interpret complex financial data and provide actionable recommendations.
• Experience developing financial models and evaluating multiple business scenarios.
• Advanced proficiency in Microsoft Excel and PowerPoint.
• Strong accounting knowledge and understanding of financial controls and compliance requirements.
• Demonstrated ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Experience leading teams and developing finance talent.
• Excellent verbal and written communication skills with the ability to influence and collaborate across all levels of the organization.

Responsibilities

• Lead the development of executive-level financial presentations and reporting for divisional leadership, Corporate leadership, quarterly business reviews, and Board of Directors meetings.
• Translate complex financial data into clear, compelling business insights and recommendations that support strategic decision-making.
• Manage Division Headquarters operating budgets, including headcount, payroll, IT expenses, and division-wide capital planning activities.
• Provide financial leadership and governance for division-wide IT investments, spending, and business cases.
• Ensure timely, accurate, and compliant financial reporting in accordance with GAAP and Abbott financial policies.
• Support Latest Best Estimate (LBE) planning, consolidation activities, and analysis of R&D and SG&A spending.
• Respond to executive-level and ad hoc financial requests with urgency, accuracy, and business-focused solutions.
• Oversee the Lessor Accounting function, ensuring compliance with ASC 842 and managing global headquarters accounting and planning responsibilities.
• Communicate accounting policy updates, financial forecasts, and actual results to senior leadership and key stakeholders.
• Partner across finance, business units, and corporate functions to identify best practices and drive continuous process improvements.
• Lead, coach, and develop a team of finance professionals, fostering growth, accountability, and high performance.
• Support Corporate Tax and other cross functional initiatives as needed.

Skills

Financial analysis

Forecasting & budgeting

Excel & PowerPoint

Communication

Team leadership

Education

Bachelor's degree in Accounting/Finance

Tools

Financial systems (SAP, Hyperion, TM1, Power BI)

Job description

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.

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.

WHAT YOU'LL WORK ON

• Lead the development of executive-level financial presentations and reporting for divisional leadership, Corporate leadership, quarterly business reviews, and Board of Directors meetings.


• Translate complex financial data into clear, compelling business insights and recommendations that support strategic decision-making.


• Manage Division Headquarters operating budgets, including headcount, payroll, IT expenses, and division-wide capital planning activities.


• Provide financial leadership and governance for division-wide IT investments, spending, and business cases.


• Ensure timely, accurate, and compliant financial reporting in accordance with GAAP and Abbott financial policies.


• Support Latest Best Estimate (LBE) planning, consolidation activities, and analysis of R&D and SG&A spending.


• Respond to executive-level and ad hoc financial requests with urgency, accuracy, and business-focused solutions.


• Oversee the Lessor Accounting function, ensuring compliance with ASC 842 and managing global headquarters accounting and planning responsibilities.


• Communicate accounting policy updates, financial forecasts, and actual results to senior leadership and key stakeholders.


• Partner across finance, business units, and corporate functions to identify best practices and drive continuous process improvements.


• Lead, coach, and develop a team of finance professionals, fostering growth, accountability, and high performance.


• Support Corporate Tax and other cross functional initiatives as needed.

REQUIRED QUALIFICATIONS

• Bachelor's degree in Accounting, Finance, or a related field.


• 8+ years of progressive finance, accounting, FP&A, or corporate finance experience.


• Experience managing financial planning, forecasting, budgeting, and reporting processes.


• Strong analytical and problem-solving skills with the ability to interpret complex financial data and provide actionable recommendations.


• Experience developing financial models and evaluating multiple business scenarios.


• Advanced proficiency in Microsoft Excel and PowerPoint.


• Strong accounting knowledge and understanding of financial controls and compliance requirements.


• Demonstrated ability to manage multiple priorities and meet deadlines in a fast-paced environment.


• Experience leading teams and developing finance talent.


• Excellent verbal and written communication skills with the ability to influence and collaborate across all levels of the organization.

PREFERRED QUALIFICATIONS

• CPA and/or MBA.


• Experience creating and delivering presentations for executive leadership and C-suite audiences.


• Experience supporting divisional, corporate, or global finance organizations.


• Knowledge of ASC 842 lease accounting requirements and lessor accounting processes.


• Experience with financial systems and reporting tools such as SAP, Hyperion, TM1, and Power BI.


• Background in strategic planning, investment analysis, and business performance management.


• Proven ability to balance strategic thinking with hands-on execution and attention to detail.


• Experience working with large datasets, complex reporting structures, and multinational organizations.


• Prior experience partnering with IT organizations and managing technology-related budgets and investments.

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.

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

JOB FAMILY: Financial Planning and Analysis

DIVISION: CRLB Core Lab

LOCATION: United States > Lake Forest : CP01

ADDITIONAL LOCATIONS:

WORK SHIFT: Standard

TRAVEL: Not specified

MEDICAL SURVEILLANCE: Not Applicable

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 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

Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential - because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions - across the spectrum of health, around the world, for all stages of life. Whether it's next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health.

The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of life's greatest health challenges.

We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings.

An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.

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