ABBOTT LABORATORIES Manager Finance - Procurement Salary in the United States

How much does a Manager Finance - Procurement make at companies like ABBOTT LABORATORIES in the United States? The average salary for Manager Finance - Procurement at companies like ABBOTT LABORATORIES in the United States is $311,434 as of March 26, 2024, but the range typically falls between $215,109 and $407,759. 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 Manager Finance - Procurement 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.

OVERALL RESPONSIBILITIES:

The position supports Global Procurement vision and long-term strategy by driving results through innovative value creation and initiatives leveraging procurement strategies and programs across Abbott.   

POSITION DUTIES & RESPONSIBILITIES:

  • Drive Strategic Initiatives and Programs:  Evaluate and provide recommendations to the operational objectives and savings targets to drive vision and long-term strategy.  Support execution of key strategic programs, corporate initiative action plans and related results.   Ensure key initiatives, programs and related business cases are presented with complete and reliable financials.
  • Deliver Meaningful Value StreamEnsure short and long-term Procurement value stream is presented in a meaningful way.  Develop, implement and oversee processes to deliver clear and consistent forecasting and reporting.  Ensure consistent application of value measurement concepts and related financial impact to revenue divisions and corporate functions.
  • Champion Cash Flow Generation:  In conjunction with the Cash Flow Initiative, provide financial leadership for initiatives and programs from a Global Procurement perspective to further enhance Abbott’s cash flow.
  • Liaise with Finance Leadership:   Develop and maintain relationships and transparent communication with division and Corporate Finance to ensure alignment on current and forward-looking initiatives and programs to drive and deliver meaningful value stream.

QUALIFICATIONS:

  • Driver of change, exceptional business partnering and strategic thinking skills
  • Strong analytical and problem–solving skills; ability to work across functions and organizations in a global environment
  • Excellent communication skills with all levels and functions; capable of presenting complex financial information in easy-to-understand formats and terms
  • Operate independently and adaptable to changing requirements
  • Ability to work in a fast-paced environment, managing multiple priorities

EDUCATION & EXPERIENCE REQUIREMENTS:

  • Bachelor’s Degree, preferably in Accounting or Finance with a minimum of 8+ years accounting and financial planning experience.  CPA, CMA or MBA preferred.
  • Proficient with financial modeling, systems, tools including Excel, Hyperion Essbase and SAP.
  • Previous experience successfully supporting manufacturing/supply chain/ operations business units is highly desirable.
  • Driver of change, exceptional business partnering and strategic thinking skills
  • Strong analytical and problem–solving skills; ability to work across functions and organizations in a global environment
  • Excellent communication skills with all levels and functions; capable of presenting complex financial information in easy-to-understand formats and terms
  • Operate independently and adaptable to changing requirements
  • Ability to work in a fast-paced environment, managing multiple priorities
Check out Manager Finance - Procurement jobs in Ashburn, Virginia

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Energix North America - Arlington, VA

$215,109 Low Average $311,434 High $407,759

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

Average Total Cash Compensation

Includes base and annual incentives

$215,109
$407,759
$311,434
The chart shows total cash compensation for the ABBOTT LABORATORIES Manager Finance - Procurement in the United States, which includes base, and annual incentives can vary anywhere from $215,109 to $407,759 with an average total cash compensation of $311,434. 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.
Job Openings for ABBOTT LABORATORIES Manager Finance - Procurement
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