ABBOTT LABORATORIES Manager, Financial Planning & Analysis Salary in the United States

How much does a Manager, Financial Planning & Analysis make at companies like ABBOTT LABORATORIES in the United States? The average salary for Manager, Financial Planning & Analysis at companies like ABBOTT LABORATORIES in the United States is $152,428 as of September 25, 2023, but the range typically falls between $127,598 and $177,259. 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, helps you determine your exact pay target.  View the Cost of Living in Major Cities2


Browse other Companies in the MFG Durable Industry

View abbott laboratories Salary

What does a Manager, Financial Planning & Analysis 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:

Abbott Molecular has a new opening for a Manager Financial Planning and Analysis to join our team. The position supports the Abbott Molecular Division and is ideal for someone seeking broad finance experience supporting a division. We’re looking for a highly motivated individual who will help lead creation of a center of excellence in planning and analysis, continuously drive to make improvements, challenge the status quo, and help to move the organization forward through execution of timely, accurate, and high-quality financial planning and analysis framework.  

Primary Responsibilities:

The Manager of Financial Planning and Analysis (FP&A) is a key finance stakeholder who works across commercial, operations, R&D and global functions leading planning, forecasting, and consolidation processes across the division, aiding division senior members in insightful decision making. This individual will be the central liaison between corporate and division functions. He or she will coordinate development and implementation of financial and operational plans, rolling forecast, and assist in setting financial targets, taking into consideration risks and opportunities, proper allocation of revenue, expense, and capital to ensure achievement of management’s strategic goals and priorities. In collaboration with business partners, this role will partner on reporting of various performance management dashboards and creation of relevant KPIs that enable timely and disciplined management of ongoing business. The role and the team under its management will be charged with creation of optimized, standardized processes and procedures that enable efficient executive reporting packages, provide insightful global and area analytics for P&L and Balance Sheet, and drive excellence in overall planning and forecasting processes. The team will lead analysis of historical financials, variance explanations of business drivers, and help identify what levers may be pulled to optimize performance and meet business goals. The individual in this role will lead well supported, high quality Latest Best Estimates (LBEs) and Confirmation forecast processes taking into consideration possible scenario analysis. The individual in this role will also be responsible for maintaining controls to ensure integrity of assets and compliance with GAPP and ensure compliance with Corp/Div. financial policies and procedures. The role will also provide business decision support, as required, including value added profitability analysis for new product concepts, launches, promotional programs, instrument placements, major customer, distribution channels, countries, areas and/or product lines to influence and counsel business stakeholders on appropriate business strategies and pricing decisions. The position will be responsible for maintaining and developing system solutions and process improvements that meet the needs of the financial planning and reporting requirements. The Manager of FP&A will have supervisory responsibility in overseeing support for the Global Services, Global Marketing, and Global Commercial Excellence functions and will be responsible for management and development of staff.

Minimum Qualifications:

  • Bachelor’s Degree in Finance and/or Accounting or Business / Economics. CPA/MBA preferred.
  • Minimum 8 years of financial experience in the areas of Financial Analysis & Reporting, Cost Accounting, Auditing and/or Treasury.
  • At least 2 years’ experience in a supervisory capacity.

Preferred Experience:

  • High proficiency in Microsoft Office Suite (Excel and Power Point).
  • Advanced Excel and financial modeling skills required.
  • Prior experience with financial systems (SAP, HFM, TM1, etc.)
  • Prior experience in financial planning and analysis functions at corporate or divisional level preferred.
  • Strong analytical and problem-solving skills with attention to details.
  • Self-starter, with a track record of developing new systems, processes, and analytics.
  • Excellent communication skills, and ability to influence at different levels of management.
  • Highly organized, strong management and interpersonal skills are required with individuals in a variety of positions both inside and outside the Division.
  • Problem solving is a key activity of this position requiring the individual to work collaboratively in a complex and matrixed organization with diverse challenges.
  • Most challenges encountered require critical thinking combined with experienced judgment and the ability to translate business problems/opportunities on a financial basis effectively to all levels of the organization.

Check out Manager, Financial Planning & Analysis jobs in Ashburn, Virginia

Senior Financial Analyst, FP&A

PLUS Communications - Arlington, VA

FP&A Director - (Hybrid schedule)

Riverside Research - Arlington, VA

Financial Planning Analyst

Rhoback - Charlottesville, VA

$127,598 Low Average $152,428 High $177,259

Understand the total compensation opportunity for Manager, Financial Planning & Analysis at companies like ABBOTT LABORATORIES, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

The chart shows total cash compensation for the ABBOTT LABORATORIES Manager, Financial Planning & Analysis in the United States, which includes base, and annual incentives can vary anywhere from $127,598 to $177,259 with an average total cash compensation of $152,428. 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, Financial Planning & Analysis
Virginia Passenger Rail Authority - Richmond , VA
The FP&A team is essential to supporting the VPRA's passenger train operations and capital ... Manage the financial database for four state-sponsored train routes. Analyze revenue receipts and ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 15 days ago
AccruePartners - Richmond , VA
Provide insights to Annul Business Plan (ABP) and strategic planning process to drive profitable ... Strong financial acumen with demonstrated analytical ability accompanied by knowledge of corporate ...
LinkedIn - 13 days ago
... Financial Planning & Analysis The Finance team works with senior executives at the firm to develop ... Managing key components of the firm's budget to ensure adherence to cost targets, including
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 74 days ago
Blue Ridge Bank - Richmond , VA
Leads the FP&A team in fulfilling duties. Responsibilities ... Participates in or manages the annual strategic planning initiative. * Directs the annual budgeting ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 29 days ago
Financial Analyst II, III (Corporate Travel Manager) Work Location: Chesapeake, VA FLSA Status ... Working knowledge of Deltek Costpoint or similar ERP system. * Proficient with MS Excel and MS ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 22 days ago
VMR Strategic Solutions - Norfolk , VA
... management initiative. The ERP Financial Analyst will customize and configure workflow to all the ... Develop and deploy scheduling tools that will aid in providing improved efficiency in the analysis ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 41 days ago

Are you an HR manager or compensation specialist?'s CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst