What are the responsibilities and job description for the Senior Manager Finance position at Abbott Laboratories?
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 115,000 colleagues serve people in more than 160 countries.
Senior Manager Finance
About Abbott
Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.
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 of our Austin, TX location in the Electrophysiology division. In Abbott’s Electrophysiology (EP) business, we’re advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives.
The Senior Manager FP&A provides leadership oversight, coordination and planning, in order to execute financial planning processes, including priority setting and ensuring the timeliness, accuracy and integrity of financial information while also performing original work related to Division and Corporate templates/schedules. This role is also responsible for delivering analytics and business support to enable informed decision making by executive staff as well as presentation worthy performance summaries to be shared with senior leaders across the Corporation.
What You’ll Work On
Maintain controls to ensure the integrity of assets and compliance with applicable policies, procedures and guidelines interpret financial results, evaluate risks of alternatives, recommend actions and develop strategies to address various scenarios.
Manage month-end accounting activities to ensure availability of timely, well-presented, quality P&L, balance sheet, sales results, etc.
Prepare financial reports (such as Plans, LBE's and long-range projections) that meet the timing and quality of presentation requirements, facilitating management review and decision making while ensuring integrity of data and compliance with GAAP as well as Abbott's operating policies.
Develop flexible, comprehensive tools to support program proposals and tracking focused on ROI and fully burdened margin profitability as well as developing system solutions and process improvements that meet the needs of the financial planning and/or reporting requirements.
Develop and maintain a financial organization capable of meeting Division and Corporate requirements, including but not limited to mobilizing staff to work in teams, facilitate teamwork to increase quality and productivity, assume direct responsibility for results, empower others while maintaining high performance standards responsible for staff development, mentoring, performance management, engagement and recognition, administrative duties, etc.
Establish and maintain an effective and efficient planning process for the division and operational functions being supported, including coordination of a planning calendar with key dates and deliverables.
Ability to create financial models to assess project return on investment and associated risks and opportunities related to key investment programs.
Ensure EHS goals are established and achieved. Promote adherence to EHS policies, procedures, rules and regulations. Recognize EHS achievements across the organization. Ensure departmental employees receive EHS training.
This position is accountable for the following:
implementation of strategy, scope, process and programs related to financial planning and/or reporting providing significant and positive impact to short-term, mid-range and long-term organizational goals demonstrating continual improvement in financial planning and/or reporting creating a work environment that supports cross-functional team effectiveness management and development of reporting staff mentor others as appropriate.
Demonstrated appropriate level of leadership experience to lead and influence.
Requires high levels of competence, confidence and credibility.
Strategic and tactical decisions will be made based upon data the individual provides and/or presents in a management or informal setting. Consequences of erroneous decisions or recommendations would normally include critical delays and modifications to projects or operations with substantial expenditure of time, human resources and funds and may jeopardize future business activity.
Required Qualifications
B.S. in Finance or similar engineering discipline.
Minimum 8 years' experience.
Relevant experience to develop the competence required to meet the skills and responsibilities of the position.
Candidate/incumbent should possess the following:
Ability to clearly, concisely and accurately communicate with others through various means.
Ability to interact with finance and non-finance professionals at all levels.
Ability or aptitude to supervise others.
Ability to form and develop interpersonal, professional relationships displays socially and professionally appropriate behavior.
Demonstrated initiative, analytical thinking, critical-thinking, problem-solving skills, ability to operate independently with broad scope of responsibility under minimal supervision and under challenging time constraints.
Ability to facilitate interpretation and understanding of data, identify risks, develop recommendations and implement solutions.
Aptitude to utilize computer software applications to complete tasks.
Apply Now
* 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.
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