ABBOTT LABORATORIES IT Business Relationship Manager, Finance Salary in the United States

How much does a IT Business Relationship Manager, Finance make at companies like ABBOTT LABORATORIES in the United States? The average salary for IT Business Relationship Manager, Finance at companies like ABBOTT LABORATORIES in the United States is $106,044 as of September 25, 2023, but the range typically falls between $92,936 and $119,151. 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 Cities2

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What does a IT Business Relationship Manager, Finance 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.

The IT Business Relationship Manager will be responsible for working closely with Abbott Diabetes Care (ADC) Finance business partners and serve as the liaison between business partners and shared services delivery teams to ensure that business needs and requirements are being addressed across Plan, Build, and Run areas. Responsible for IT Capital and Expense financial projections, planning, and oversight of IT systems. Responsible for identifying technology solutions to meet evolving business needs with an excellent understanding of the application and technology lifecycle management. Candidate should be aware of the evolution of technologies and consider regulations relevant to the business area.

Core Job Responsibilities:

Strategic Thinking

  • Building and maintaining expertise on the IT portfolio for Abbott Diabetes Care globally. Proactively analyzes business processes; elicits, analyzes, and documents business requirements; identifies alternative solutions, assesses feasibility and makes recommendations typically seeking to exploit and leverage new or existing IT technology components
  • Champion change and innovation. Stimulates creativity, innovation and open to new ideas.
  • Constant awareness of corporate IT standards, technology trends, evolving regulatory requirements and their applicability to the business process and IT portfolio, and influences the IT stakeholders and partners in addressing these evolutions in the most efficient way.
  • Manages collaboration and partnership with Corporate IT Services including Plan/Build/Run teams

Business Acumen

  • Understands the business and ensures that IT solutions meet the needs of the business.
  • Understand the specific challenges and opportunities linked to the regulatory, legal and economic situation across countries and business units.

Consulting

  • Consult senior leadership on IT systems lifecycle, tools and solutions.  Recommend solutions assuring alignment with organization direction, vision and priorities. Where needed, involve area or functional BRM and IT business consultants, as well as external expertise.
  • Develops, proposes, sells and implements innovative solutions to improve business outcomes in support of the business strategies.

Relationship Management

Partner and collaborate with key IT staff and other Abbott divisions to support cross divisional business initiatives, and explore IT synergies and efficiencies.

Project Management

Good understanding of project management process, best practices and documentation. Experience with both Agile and Waterfall methodologies.  

People Skills

Responsible for maintaining healthy and conflict-free relationship between the business customer and the IT delivery teams. Responsible for creating and ensuring a productive, collaborative and friendly team environment.

Compliance

Responsible for compliance with applicable Corporate and Divisional policies and procedures. Operates with broad goals and objectives. Has direct impact on capital budget, expenses and project completion.

Decision Making

Make strategic decisions that impact Business and IT. Shared decision authority for IT budget and project activities. Manage initiatives that span multiple virtual teams across the world and cross cultures.

Minimum Education & Qualification

Bachelor’s degree in computer science, business administration or another discipline relevant for the healthcare industry or equivalent experience. A minimum of 5-8 years of IT experience in large or mid-size multinational organization including experience in IT systems and technology lifecycle management. IT expertise in one or more disciplines, like systems development, infrastructure, change management, vendor management, etc.

Preferred Qualification/Experience

  • Strong experience in engaging with Finance business environment and solid understanding of ERP, accounting/finance systems, and planning/forecasting solutions
  • Experience managing accounting / finance process improvement
  • Experience in developing and implementing applications in an FDA/GXP environment
  • Experience with GxP validation and large-scale IT implementations (e.g. SAP, ERP, CRM, QSM, Model N, etc.)
  • Pharma/Medical Device commercial, development, and manufacturing business process knowledge, as related to IT
  • Technology Lifecycle Management, Product Life Cycle Management and Document Management
  • Strong organizational skills including program/project governance
  • Strong interdisciplinary, intercultural and networking skills
  • Strong influence and negotiating skills
  • Experience leading teams - both with direct staff and indirect project teams
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$92,936 Low Average $106,044 High $119,151

Understand the total compensation opportunity for IT Business Relationship Manager, Finance at companies like ABBOTT LABORATORIES, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$92,936
$119,151
$106,044
The chart shows total cash compensation for the ABBOTT LABORATORIES IT Business Relationship Manager, Finance in the United States, which includes base, and annual incentives can vary anywhere from $92,936 to $119,151 with an average total cash compensation of $106,044. 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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