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

How much does a Manager, Strategic Financial Planning & Analysis make at companies like ABBOTT LABORATORIES in the United States? The average salary for Manager, Strategic Financial Planning & Analysis at companies like ABBOTT LABORATORIES in the United States is $97,841 as of May 25, 2023, but the range typically falls between $85,513 and $110,169. 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 Cities


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What does a Manager, Strategic 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:

The Abbott Molecular division is seeking a Manager Strategic Financial Planning and Analysis to join our team. The position supports the Abbott Molecular Commercial Organization and is ideal for someone seeking strategic finance experience supporting the commercial organization. We’re looking for a highly motivated individual, who is curious, with a track record of success, and interested in growing the role and driving impact for the organization.

Primary Responsibilities:

The Manager Strategic Financial Planning and Analysis is a key business partner to the Commercial organization, providing strategic FP&A support and enabling value-added, data-driven analysis to support timely business decisions. The role leads strategic initiatives and analytics for AMD organization, and is responsible for preparation of business case financials for go no-go portfolio decisions and other strategic investments. The role is vital in supporting the Division and Commercial Controllers in strategic commercial activities, including advising on strategic projects, partnering with the business and division headquarters finance in preparing well supported LBE review materials for commercial organization, global sales and margin analytics, and various ad-hoc projects.  The individual in this role will own the orchestration of the annual organic execution model working in close collaboration with key functional stakeholders, execution and organization of complex analytics, ensuring timely review and approval of business assumptions with key constituents.  This role will be responsible for leading consistency of global commercial deal model ensuring its timely updates, consistency of profitability metrics across regions, and advising on overall deal strategy and pro-forma income statement analysis for potential deals.  In addition, this role will play an important role in developing value-added analytics and KPIs to continue to drive the commercial business forward over the short term and long-term. The person in this role will also have supervisory responsibility in overseeing support for the Global Services, Global Marketing, and Global Commercial Excellence functions and will manage 1 direct report.

Minimum Qualifications:

  • Bachelor’s Degree in Finance and/or Accounting or Business / Economics; MBA or CMA preferred.
  • Minimum 8 years of financial experience in the areas of Financial Analysis, 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 supporting Commercial organization preferred.
  • Strong analytical and problem-solving skills with attention to details.
  • Self-starter, with a track record of developing new analytics and processes.
  • Excellent interpersonal and communication skills, and ability to work and influence at different levels of management.
  • Highly organized, strong communication, management, leadership and interpersonal skills are required as regular interface with individuals in a variety of positions at multiple levels and disciplines occur both inside and outside the Division.
  • Problem solving is a key activity of this position requiring the individual to work independently in a complex and highly-matrixed organization with diverse challenges.
  • Most challenges encountered require clear conceptual thinking combined with experienced judgment and the ability to translate business problems/opportunities on a financial basis effectively to all levels of the organization.
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$85,513 Low Average $97,841 High $110,169

Understand the total compensation opportunity for Manager, Strategic 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, Strategic Financial Planning & Analysis in the United States, which includes base, and annual incentives can vary anywhere from $85,513 to $110,169 with an average total cash compensation of $97,841. 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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