ABBOTT LABORATORIES Operations Controller Salary in the United States

How much does a Operations Controller make at companies like ABBOTT LABORATORIES in the United States? The average salary for Operations Controller at companies like ABBOTT LABORATORIES in the United States is $123,913 as of November 27, 2023, but the range typically falls between $105,404 and $142,423. 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


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What does a Operations Controller 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 Controller for AMD Operations is the leader of the operations and supply chain finance team for the Division.  Their primary responsibilities include the development and execution of PLAN, LRP and LBE.  In addition, they will be responsible for the annual standard setting process, cost and inventory accounting, supply chain support, capex spend project management, and lead strategic processes/initiatives including Gross Margin programs (GMI). Overall financial responsibility includes management of $120MM SCOP, $70MM spend (Including Capital), and $61MM of Inventory. The position is also responsible for leading and developing a finance team of 5 Finance professionals.

Core Job Responsibilities:

  • Accountable for delivering AMD Des Plaines Site LRP & PLAN reviews.
  • Leader of the AMD annual standard setting process.  This includes development of timelines, definition and communication of requirements, partnering with operating management, analysis and rationalization of overall plan profile, updating and maintaining financial system data, burden rate development, cost change analysis and standard cost submissions to Division.
  • Provides short/long term financial support for capacity analysis to enhance decisions related to headcount, key equipment and/or facility investments and develops plans that meet division strategies and goals for product availability and costs.
  • Leads key supply chain strategic and tactical initiatives including inventory optimization, S&OP process optimization, insourcing/outsourcing decision and cost reduction strategies
  • Financial oversight for a Third-Party instrument manufacturer for key AMD Platform.
  • Lead Financial partner within the Site providing decision support for senior Site Management.
  • Coordination and financial management of the AMD Site Operations investment responsibility. 
  • Active participation in the implementation of GMI (gross margin) initiative.
  • Maintain proper internal controls and compliance with Abbott policies and procedures.  Support both internal and external audit requests as well as SOX activities and compliance.
  • Lead, manage, and develop a team – 5 FTEs.

Minimum Requirements:

  • Bachelor’s degree, preferably in finance/accounting, An MBA, CPA and/or CMA is strongly encouraged.   Minimum 10 years of progressive experience in finance/accounting.
  • Demonstrated success in managing finance professionals.
  • Strong leadership competencies are a must: set vision and strategy, build and inspire, know the business, drive for results, make the difficult decisions, and encourage an open environment.

Preferred Experience:

  • Highly effective interpersonal skills, oral and written communication skills, and influencing skills as position interfaces with various levels across the organization (including senior management) in both finance and operations functions.
  • Prior experience in cost accounting/operations environment.
  • Prior experience supporting Supply chain and/or procurement
  • Strong excel and power point skills and knowledge of SAP
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$105,404 Low Average $123,913 High $142,423

Understand the total compensation opportunity for Operations Controller 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 Operations Controller in the United States, which includes base, and annual incentives can vary anywhere from $105,404 to $142,423 with an average total cash compensation of $123,913. 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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