ABBOTT LABORATORIES Supervisor Financial Planning and Analysis Salary in the United States

How much does a Supervisor Financial Planning and Analysis make at companies like ABBOTT LABORATORIES in the United States? The average salary for Supervisor Financial Planning and Analysis at companies like ABBOTT LABORATORIES in the United States is $144,871 as of August 27, 2023, but the range typically falls between $122,050 and $167,691. 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 Supervisor 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 109,000 colleagues serve people in more than 160 countries.

At Abbott, we're committed to helping people live their best possible life through the power of health. For more than 125 years, we've brought new products and technologies to the world - in nutrition, diagnostics, medical devices and branded generic pharmaceuticals - that create more possibilities for more people at all stages of life. Today, 99,000 of us are working to help people live not just longer, but better, in the more than 150 countries we serve.

At Abbott Molecular, we realize the potential of personalized care as the laboratory’s most trusted and preferred source for molecular diagnostic solutions. We are a division of Abbott Laboratories, a global, diversified healthcare innovator with a legacy of pioneering work in medical diagnostics.


POSITION OVERVIEW:

Our location in Des Plaines, IL, currently has an opportunity for a Finance Supervisor, Global Supply Chain. This individual is a financial business partner to the Molecular Diagnostics, Global Supply Chain team as a part of the overall Operations, Quality and Supply Chain Finance Organization for Molecular Diagnostics.

This position is responsible for Financial Planning and Analysis for inventory management, Global purchasing of raw materials, Third Party Manufacturing financial management as well as standard costing activities and analysis.

The role requires strong analytical skills, a critical and innovative thinker as well as in depth knowledge of systems.

In addition, the individual executes various accounting functions which assist management in timely and accurate preparation of monthly financial statements and all financial planning cycles including annual PLAN, Quarterly LBE’s and long-range planning.

WHAT YOU’LL DO:

Main responsibilities include:

  • Global purchasing and purchase price variance analysis
  • Inventory planning and analysis including distressed inventory
  • Standard costing for Third Party Manufactured goods
  • Assist with valuation and implementation of Gross Margin Improvement Initiatives
  • Month End close responsibilities including journal entries, and analysis of results vs forecast
  • Develop comprehensive understanding of the various business drivers, processes and reporting requirements and lead improvement projects to support effective decision making and increase efficiency
  • Assist management with special projects and ad-hoc analysis.

Education /Skills / Experience:

EXPERIENCE:

  • Strong analytical and communication skills
  • Strategic and innovative thinker that will challenge status quo and focus on cross-functional business partner relationships to help drive the business
  • Proficient in Microsoft Office Applications
  • 5 years of progressive financial experience
  • Experience with financial management and accounting systems: SAP Preferred

REQUIRED:

Bachelor's degree with concentration in accounting or finance.

PREFERRED:

  • Advanced excel skills
  • MBA or CPA desired
  • Standard cost setting experience
  • Supply Chain experience
  • Knowledge of Material Requirements Planning (MRP)

WHAT WE OFFER  

At Abbott, you can have a good job that can grow into a great career. We offer: 

  • Training and career development, with onboarding programs for new employees and tuition assistance  
  • Financial security through competitive compensation, incentives and retirement plans  
  • Health care and well-being programs including medical, dental, vision, wellness and occupational health programs 
  • Paid time off  
  • 401(k) retirement savings with a generous company match 
  • The stability of a company with a record of strong financial performance and history of being actively involved in local communities 

Learn more about our benefits that add real value to your life to help you live fully:  www.abbottbenefits.com  

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$122,050 Low Average $144,871 High $167,691

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

Average Total Cash Compensation

Includes base and annual incentives

$122,050
$167,691
$144,871
The chart shows total cash compensation for the ABBOTT LABORATORIES Supervisor Financial Planning and Analysis in the United States, which includes base, and annual incentives can vary anywhere from $122,050 to $167,691 with an average total cash compensation of $144,871. 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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