Supervisor Financial Planning and Analysis

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 will lead the Infectious Disease US Commercial Sales Funnel process.  Will work very closely with U.S. sales team, Supply Chain and Finance to manage the short term demand for key Covid and Respiratory products.

What You'll Do

• Update COVID and Respiratory product shipment reports (ID NOW COVID, Flu, Strep, & RSV, Binax Professional and Binax OTC)
• Responsible for preparing weekly sales flash for the US Commercial business
• Conduct weekly sales forecast review meetings with sales teams: Third-party/Reference Lab, Federal/State, Retail and Distributor
• Consolidate forecast update, perform week over week changes analysis, highlight key drivers
• Update supply forecast
• Compare sales forecast vs Financial Model
• Present Funnel PowerPoint deck overview to senior leadership
• Submit Funnel PowerPoint deck to DHQ and answer follow-up questions
• Works closely with the commercial and finance leadership to provide analytics support
• Perform ad-hoc analysis as requested by leadership
• This position will manage one analyst
• Develop detailed financial forecasts incorporating historic, trended and current business information.
• Monitor functional and departmental spending versus budget by highlighting material variances using system generated detail and trend reports.
• Prepare journal entries and assist in month end close as needed to ensure proper accounting at the functional and departmental level.
• Evaluate new business opportunities, potential acquisitions, new products, tax planning and spending initiatives by modelling alternative financial scenarios (e.g. revenues, profitability etc.).
• Prepare sensitivity analysis impact on revenue, expenses and profitability by modelling changes in key variables (recommending appropriate course of action).
• Develop and utilize sound financial processes.
• Prepares financial submissions to Division Finance.
• Leads annual cost glide activities.

Required Qualifications

• Bachelor's degree in accounting or finance
• Strong verbal and written communication skills.
• 4-6 years of relevant experience.
• Expertise in Excel and PowerPoint.

Preferred Qualifications

• SAP experience
• Ability to work in a fast-paced environment.
• Self-starter and highly motivated

The base pay for this position is $80,700.00 – $161,300.00. In specific locations, the pay range may vary from the range posted.