Abbott Finance Manager, Global Commercial Operations in Lake Forest, Illinois
At Abbott, we're committed to helping people live their best possible life through the power of health. For more than 125 years, we've brought new products and technologies to the world -- in nutrition, diagnostics, medical devices and branded generic pharmaceuticals -- that create more possibilities for more people at all stages of life. Today, 99,000 of us are working to help people live not just longer, but better, in the more than 150 countries we serve.
The Manager, Global Commercial Operations is responsible for a range of financial disciplines. Establishes priorities for the direct organization and ensures the timeliness, accuracy, and integrity of all financial information while also performing original work (working manager). This role is also responsible for coordinating financial activities such as Sales & Operations Planning (forecasting), Annual Budgeting, Long Range Planning and Portfolio Management, while also providing direct financial/budgetary support for the assigned organizations. This position is ultimately responsible for establishing, developing, and implementing appropriate processes and procedures to ensure the integrity of financial reporting and planning information, while also providing efficient and effective decision support to Senior Management.
Provide financial support to Global Marketing and Global Strategic Accounts DVPs by evaluating and identifying key issues and gaps in business performance and delivering analysis that provides foundation for management understanding and action
Work closely with Commercial Excellence and Pricing to develop and implement new Alinity planning and reporting processes
Coordinate with areas to prepare financial plan packages for Sr. Management and prepare responses to corporate follow up questions
Maintain controls to assure the integrity of assets and the compliance with GAAP includes ensuring compliance with Corp/Div financial polices and procedures.
Interprets financial results and recommends options. evaluates risks of alternatives, recommends actions and develops strategies to cope with various scenarios. This responsibility should be performed in a way that protects the company's assets and avoids any surprises that could reasonably have been foreseen by the relevant level of financial management review.
Coordination of Plans/Updates/LBEs and monthly actual results should be executed and interpreted for Management decision making supporting the education of Management as to the main financial assumptions and/or key business and variance drivers.
Support Management in development of financial Long Range Planning and Portfolio Management as well as tracking/monitoring progress, profitability and return on investment.
Financial expertise in evaluating and identifying the key issues and gaps in business performance and emerging business needs, deliver analyses that provide a foundation for management understanding and action.
Develop metrics and reports to identify activity level for monthly review with management to address performance as well as cost and spending drivers.
Provide business decision support as required, including meaningful, value-added profitability analyses for new product concepts, new product launches, promotional programs, instrument placements, major customer, distribution channels, countries, Areas, and/or product lines to influence and counsel management in developing business and pricing strategies.
Develop flexible, comprehensive tools to support commercial program proposals focused on ROI and fully burdened margin profitability to support various business needs, including training to improve the financial understanding of the key nonfinancial commercial management & staff.
Maintain and develop system solutions and process improvements that meet the needs of the financial planning & reporting requirements.
Ensure appropriate integrity and reasonableness of financial data as well as compliance with Corp/Div financial policies and procedures.
Responsible for adherence to Abbott accounting policies and procedures (CFMs) and Sarbanes Oxley requirements.
Establish competent and appropriately staffed finance team to support current and future needs of the business and functional organization.
Bachelors Degree (+ 16 years) in Accounting, Finance, or Economics or an equivalent combination of education and work experience
Minimum 8 years finance and supervisory experience (FP&A, Cost/General Accounting and Financial Reporting)
Ability to plan, implement and administer financial information and control systems
Knowledge of the principles, processes and standards for integrated financial analysis and reporting
Position may be filled at a lower-level depending on years of experience.
An Equal Opportunity Employer
Abbot welcomes and encourages diversity in our workforce.
We provide reasonable accommodation to qualified individuals with disabilities.
To request accommodation, please call 224-667-4913 or email firstname.lastname@example.org