ABBOTT LABORATORIES FP&A Manager - Structural Heart Salary in the United States

How much does a FP&A Manager - Structural Heart make at companies like ABBOTT LABORATORIES in the United States? The average salary for FP&A Manager - Structural Heart at companies like ABBOTT LABORATORIES in the United States is $108,814 as of May 28, 2024, but the range typically falls between $90,880 and $126,749. 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

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What does a FP&A Manager - Structural Heart do at companies like 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 103,000 colleagues serve people in more than 160 countries.

Position Summary:

We are currently recruiting for an experienced, highly capable FP&A Manager to support Abbott’s Structural Heart (SH) division in our Plymouth, MN location. This position is a key value-added role within SH Operations Finance that partners with various levels of leadership to drive financial ownership, cost efficiency, and business excellence. You will be responsible for complex financial planning, forecasting and reporting for the business. Additionally, you be providing standard cost analysis, manufacturing network strategy, and business excellence and process improvement.

Primary Responsibilities:

  • Consolidation of financials from various global manufacturing sites and divisional cost centers, and provide succinct, effective communication to leadership on business performance in order to identify opportunities and drive improvement. Scope of financials including month end close results, quarterly forecasts, and annual Plan and Standard Costs
  • Develop budgets and forecasts in support of annual Plan and quarterly LBE for Division cost centers.  Perform variance analysis and identify key drivers in support of business decisions. Conduct regular financial reviews with business partners to communicate financial performance and business issues; provide valuable insight to influence business achieve financial goals
  • Participate in monthly closing process including JE preparation, spend/headcount review, variance analyses, and reporting of month end results to management 
  • Provide ad-hoc analyses to support complex decision making within global manufacturing operations, and present executive recommendations to management and business leaders; serve as financial lead in cross-functional team environments
  • Lead ad hoc projects to identify opportunities for continuous process improvement and business excellence
  • Supervise and provide guidance to analysts as needed

Required Qualifications:

  • Bachelor’s Degree in Accounting, Finance, or related discipline
  • 5+ years of progressive accounting and/or financial planning and analysis experience
  • Advanced level of proficiency with Excel (e.g. Pivot tables, VLOOKUP, other Excel functionalities)
  • Proficient with Word and PowerPoint
  • Excellent verbal and written communication skills, with ability to communicate to all levels of the organization
  • Ability to articulate financial results based on audience
  • Strong analytical and critical thinking skills
  • Accuracy and attention to detail

Preferred Qualifications:

  • MBA / CPA preferred
  • 3+ years’ experience in cost accounting and/or in a manufacturing industry
  • Medical device experience
  • Strong experience with SAP ERP and Hyperion Planning/Essbase systems
$90,880 Low Average $108,814 High $126,749

Understand the total compensation opportunity for FP&A Manager - Structural Heart at companies like ABBOTT LABORATORIES, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$90,880
$126,749
$108,814
The chart shows total cash compensation for the ABBOTT LABORATORIES FP&A Manager - Structural Heart in the United States, which includes base, and annual incentives can vary anywhere from $90,880 to $126,749 with an average total cash compensation of $108,814. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
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