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

How much does a Manager, Financial Planning and Analysis make at companies like ABBOTT LABORATORIES in the United States? The average salary for Manager, Financial Planning and Analysis at companies like ABBOTT LABORATORIES in the United States is $104,593 as of November 27, 2023, but the range typically falls between $91,178 and $118,008. 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

About ABBOTT LABORATORIES

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What does a Manager, Financial Planning and 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.

We are currently recruiting for an experienced, high performing Finance Manager to support Abbott in our Plymouth, MN location. This position is a high visibility role and the Finance Manager will provide leadership oversight, coordination and planning, in order to execute the financial planning processes and ensure timeliness, accuracy and integrity of financial information.  This role is also responsible for delivering analytics and business support to enable informed decision making by the executive staff as well as presentation worthy performance summaries to be shared with senior leaders across the organization.

Responsibilities include:

  • Position has full responsibility for coordinating, consolidating and developing an Annual Plan, Latest Best Estimate (LBE) and other financial forecasts.
  • Being the liaison between Division FP&A and various finance teams within Abbott as well as Med Device HQ and Corporate FP&A.
  • Develop and maintain a financial organization capable of meeting Division and Corporate requirements.  Responsible for staff development, mentoring, performance management, engagement and recruiting.
  • Manage the month-end close process and reporting of monthly financial performance metrics.
  • Develop flexible, comprehensive tools and templates to support the consolidation and timely completion of corporate schedules as well as develop system solutions and process improvements that meet the needs of the financial planning and/or reporting requirements.
  • Maintain an effective and efficient planning process for the division and functional areas being supported, including the coordination of a planning calendar with key dates and deliverables. 

Qualifications

BA / BS Accounting or Finance or related field; CPA or advanced education degree is preferred

7+ years combine experience in Gen. Acctg, cost acctg, FP&A.

Candidate / incumbent should possess the following:      

  • Ability to operate independently with broad scope of responsibility under minimal supervision and under challenging time constraints;
  • Ability to communicate clearly, concisely and accurately with all levels of the organization;
  • Ability or aptitude to apply in-depth knowledge of financial processes, accounting methodologies and Division-specific operations to lead complex planning processes and to support related systems and functions;     
  • Ability to facilitate interpretation and understanding of data, identify risks, develop recommendations and implement solutions;      
  • Ability to form and develop interpersonal, professional relationships; display socially and professionally appropriate behavior;      
  • Ability to work independently and in groups;      
  • Demonstrated initiative, problem-solving skills, analytical skills and critical-thinking skills;
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$91,178 Low Average $104,593 High $118,008

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

Average Total Cash Compensation

Includes base and annual incentives

$91,178
$118,008
$104,593
The chart shows total cash compensation for the ABBOTT LABORATORIES Manager, Financial Planning and Analysis in the United States, which includes base, and annual incentives can vary anywhere from $91,178 to $118,008 with an average total cash compensation of $104,593. 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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