Supervisor Financial Planning and Analysis - Abbott Laboratories : Job Details

Apply locations United States - Illinois - Chicago

Time type: Full time

Posted on: Posted 3 Days Ago

Time left to apply: End Date: December 10, 2024 (10 days left to apply)

Job requisition id: 31104024

About Abbott

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 114,000 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.
• 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.

The Opportunity

This position works out in our facilities of Lake Forest IL in the Diagnostics Division.

We're empowering smarter medical and economic decision making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott's diagnostics instruments, providing lab results for millions of people.

What You'll Work On

The Core Diagnostics (Dx) DHQ Center of Excellence is a best-in-class FP&A organization that drives standardization and efficiencies across ADD, provides insightful and value-added analytics, and serves as a talent pipeline into the division. The Center of Excellence is responsible for the preparation and analytical review of cost center budgets and other standard financial reports, spanning across the organization for LBE's and confirmations. Analytical review includes understanding of the key causals that drive change versus multiple benchmarks. On-going process initiatives are also required to improve and strengthen financial processes, procedures, and systems supporting these areas of responsibility.

Major Job Responsibilities:

• Manage at least one direct report, ensuring appropriate development of staff
• Direct communication and relationship with Core Diagnostics Division President and Controller
• Preparation and Consolidation of monthly reporting packages for senior management and Corporate
• Preparation and Consolidation of LBE and Plan reporting packages
• Preparation and Consolidation of Board of Director meeting financial packages
• Prepare commentary based on understanding of the business and key drivers of results
• Ensure all deadlines are met with accurate schedules and on time submissions to appropriate organizations
• Interaction with multiple levels of management, both finance and operational
• Partner with the US Commercial team to oversee maintenance of the ADD Chargeback Reserve, including but not limited to: calculating and recording monthly journal entries, reconciling monthly Chargeback files and resolving any discrepancies, ensuring payments are made on a timely basis, and ensuring Chargeback systems are properly maintained
• Financial modeling with extensive use of Excel
• Other activities including assisting other Core Dx Finance groups with forecast system loading, ad hoc reporting, identification and implementation of process improvements and other special projects as needed

Required Qualifications

• Minimum of 5 years finance experience.
• Bachelor's degree required

Preferred Qualifications

• Strong attention to detail
• Strong analytical and problem solving skills
• Ability to work independently and with senior management
• Excellent oral and written communication skills

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

The base pay for this position is $83,000.00 – $166,000.00

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

Financial Planning and Analysis

CRLB Core Lab

United States > Lake Forest : CP01

Standard

No

No

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.