Finance Manager

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 113,000 colleagues serve people in more than 160 countries.

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 .
• 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 role will be located in the Lake Forest, IL office. This role has a hybrid schedule however it does require someone to be on site at least 3 days a week.

The person hired in this role will be responsible for forecasting Legacy Sales Revenue and Volumes for ARDx Infectious Disease Developed Markets U.S. Commercial. Ensures execution of the S&OP demand process by integrating Product, Distributor, Marketing & Supply Insights with the outcome of a supported Affiliate's financial sales growth for the short, mid, and long term.

What You'll Work On

• Responsible for forecasting ID Now Flu, Strep A, RSV and legacy lateral flow products. Each product has complex forecasting model with multiple variables and inputs such as respiratory market trends, Distributor and retailer inventory levels, Government Contract timelines, sales tracings/sell out, etc.
• Analyze and forecast ID Now Utilization
• Report and forecast ID Now instruments
• Prepare quarterly LBE, Plan, Confirmation and several ad hoc sales forecasts. Ensure timely completion of all deliverables.
• Manage/review the preparation of monthly S&OP.
• Interface with management across respective functions (e.g., Marketing, Sales, Corporate Accounts, finance, Supply Chain)
• Communicate demand forecast plans and related assumption through the supply chain and beyond
• Set and monitor key performance indicators and diagnostics to ensure continuous forecast improvement efforts and achievement of agreed goals.
• Responsible of forecast accuracy reporting to Business Unit with Root Cause Analysis towards a future improvement
• Complete Business Unit finance templates with valid commentaries and explanations of significant variances as needed.
• Develop and coach team of 2 (1 finance supervisor, 1 Sr. finance analyst)
• Develop and maintain a finance organization capable of meeting Division and Corporate requirements.
• Provide financial counsel and oversight for acquisitions, alliances and other strategic programs, including ad hoc analysis and decision support to all functions as needed.
• Develop system solutions and process improvements that meet Planning and Reporting requirements.
• Provide financial analysis and support to operating managers on strategic planning, budgeting and operations planning, performance monitoring and variance analysis.

Required Qualifications

• Bachelor's Degree (± 16 years) in Accounting, Finance or Economics or an equivalent combination of education and work experience
• Minimum 5 years or more of experience in financial analysis experience.
• Ability to plan, implement, and administer financial information and control systems.
• Knowledge of the principles, processes and standards for integrated financial analysis and reporting.
• Highly proficient in Excel.

Preferred Qualifications:

• MBA Preferred
• 2+ years in a similar role preferred

* 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.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.

The salary for this role is between:
N/A

JOB FAMILY:
Financial Planning and Analysis

DIVISION:

LOCATION:
United States > Lake Forest : J55

ADDITIONAL LOCATIONS:

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 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