Finance Supervisor

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.

JOB DESCRIPTION:

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your 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 the best place to work for diversity, working mothers, female executives, and scientists

The Opportunity

This position works from our Conway Park office located in 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 Global Commercial Operations FP&A team is responsible for supporting the Abbott Diagnostics commercial organization for financial analysis, reporting, forecasting/budgeting, and additional ad hoc requests. 

This position will develop a deep understanding of the commercial team’s role in driving profitability for Abbott’s global business.  The individual will gain expertise in Abbott’s product offerings, local business dynamics, and business strategy, all while establishing efficient processes and tools to analyze and grow the business.

Major Accountabilities:

Support the Abbott Diagnostics Commercial organization through detailed financial analysis, business support, and ad hoc reporting. Some activities may include:

• Monthly review and analysis of actual Balance Sheet results compared to benchmarks and metrics.
• Managing Abbott Diagnostics commercial cash flow reporting and analysis, which has high visibility to Sr. Management.
• Analyzing the balance sheet health for the Diagnostics division compared to multiple benchmarks and metrics.
• Service Equipment Investment analysis and Sales, Utilization and Unit reconciliation.
• Support the OEM process with building and maintaining complex financial models.
• Prepare monthly reports for senior management.
• Assist in identification and implementation of process improvements.
• Preparation of LBE (latest best estimate) forecasts.
• Exposure to international P&Ls/exchange rates.
• Interaction with different levels of management, both finance and commercial.
• Financial modeling with extensive use of Excel.
• Special Ad Hoc projects.

Required Qualifications

• Minimum of 4-6 years of finance/accounting experience.  Previous commercial / FP&A experience preferred.
• Bachelor’s degree required.
• Strong analytical and problem-solving skills.
• Experience with Balance Sheet or Cash Flow reporting preferred.
• High proficiency in the Microsoft Office suite, proficient use of Microsoft Excel.
• Ability to work independently and with senior management.
• Excellent oral and written communication skills.

This position will work out of Lake Forest, IL.

Not a Remote position.

 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

$86,700.00 – $173,300.00

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:

Yes, 5 % of the Time

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.pdfEEO is the Law link- Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf