How much does a FP&A Manager, Corporate Financial Planning Services & Shared services Operations make at companies like ABBOTT LABORATORIES in the United States? The average salary for FP&A Manager, Corporate Financial Planning Services & Shared services Operations at companies like ABBOTT LABORATORIES in the United States is $77,218 as of June 27, 2024, but the range typically falls between $61,686 and $92,751. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities
About ABBOTT LABORATORIES
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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 103,000 colleagues serve people in more than 160 countries.
Corporate Finance has a new opening for Manager, FP&A for Corporate Financial Services (CFS) / Shared Services Operations (SSO). This leader is responsible for providing financial support and counsel to senior financial and executive management in the following specific activities: global value creation and initiatives, financial planning and analysis, forecasting, management financial reporting, internal controls and asset management. Comprehensively oversee, direct and coordinate key aspects of the CFS/SSO Financial Planning processes and ensure alignment with Abbott Corporate and CFS/SSO business requirements.
Core Job Responsibilities:
This position is responsible for driving results through innovative value creation and initiatives for continuous measurable improvements. Specifically, manage and coordinate with key business partners in the preparation business review presentations and related backup/analysis. The presentation, backup, and analysis must be comprehensive and include the assessment of all data and assumptions, used in the planning development, for reasonableness and the degree of achievability of these forecasts.
Responsible for integrity and validity of financial information, which is critical to the organization in making timely and informed business decisions which support Division/Corporate goals and objectives. Successfully manage risks and opportunities through the use of external and internal signals and data.
Manage and maintain capital planning calendar, activities and financial templates to support Plan/LBE/Actual requirements across the division. Monitor progress of capital planning process with CFP&A and prepare reports/analysis to support Plan/LBE/Actual requirements for Capital Authorizations, CAPEX and Project Expense.
Maintain close relationship with key business partners in CFS/SSO and commercial divisions. Advise these stakeholders based on insights, expertise and diverse perspectives.
Responsible for understanding drivers, KPI’s and metrics in key areas of the business. Clearly communicate accurate and relevant information which result in timely decisions and actions.
Prepare various management presentations, relevant data, financial analyses, special projects and related consultation to senior divisional management in planning and achieving short and long term financial objectives.
Oversee and coordinate internal key management financial reporting for CFS/SS0.
Recruit, retain and mentor finance team members. Develop talent by ensuring the team has the appropriate training, coaching and rotational opportunities to develop broad based financial management professionals to support business needs.
Education/Experience Requirements:
This position requires a bachelors degree in Finance or Accounting (a CPA and or a masters degree is a plus)
8+ years experience in finance or accounting is required.
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