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Active1w ago

Finance Manager

Abbott·📍 United States - California - Alameda, United States

Employment

Full-Time

Work mode

On-site

Experience

SENIOR LEVEL

Salary

Not disclosed

Salary not disclosed

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Role overview

Job description

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 122,000 colleagues serve people in more than 160 countries.

JOB DESCRIPTION:

About Abbott

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

Working at Abbott 

At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to: 

  • Career development with an international company where you can grow the career you dream of. 

  • Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year. 

  • An excellent retirement savings plan with a high employer contribution 

  • Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree. 

  • A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.  

  • A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.  

The Opportunity

This position works out of our Alameda, CA location in the Lingo Division. Meet Lingo, a new biosensing technology that provides users a window into their body. Lingo tracks key biomarkers – such as glucose, ketones, and lactate – to help people make better decisions about their health and nutrition. Biowearable technology will digitize, decentralize, and democratize healthcare, enabling consumers to take control of their own health.The Lingo team embodies a start-up culture and mindset with the backing of Abbott, a company with a rich history of healthcare innovation.  

As Finance Manager, you will provide support and partnership for Commercial & Marketing teams with particular focus on actuals reporting and forecasting for Plan, rLBE and Confirm processes. The role requires coordination with cross functional teams to meet requirements & deadlines, as well as the management & enhancement of analytics to support understanding of submissions. The position requires strong people management, analytical, prioritization, and presentation skills as well as focus on process & identifying areas of efficiency. This is an onsite opportunity in Alameda, CA

What You’ll Work On

  • Strengthen processes to help develop North America P&L & Balance Sheet forecasts for Plan, rLBE and Confirm
  • Ensure availability of timely and well-presented sales results, high-quality P&L and balance sheet, & projections vs. appropriate benchmarks as well ass, trended information.
  • Identify meaningful analytics including trend analyses, which can be gleaned from rLBE submissions; presentation of these findings to North America Commercial senior leadership to aid strategic decision making and agree upon storyline of the submission
  • Preparation of LBE deck, working with stakeholders to prepare presentation to senior management.  Focus on simplifying submissions to make slides concise & executive-ready
  • Support Management in development of financial Long-Range Planning and Portfolio Management as well as tracking/monitoring progress, profitability and return on investment.
  • Financial expertise in evaluating and identifying the key issues and gaps in business performance and emerging business needs, deliver analyses that provide a foundation for management understanding and action.
  • Develop metrics and reports to identify activity level for monthly review with management to address performance as well as cost and spending drivers.
  • Provide business decision support as required, including meaningful, value-added profitability analyses for new product concepts, new product launches, promotional programs, instrument placements, major customer, distribution channels, and/or product lines to influence and counsel management in developing business and pricing strategies.
  • Develop flexible, comprehensive tools to support commercial program proposals focused on ROI and fully burdened margin profitability to support various business needs, including training to improve the financial understanding of the key nonfinancial commercial management & staff.
  • Maintain and develop system solutions and process improvements that meet the needs of the financial planning & reporting requirements.
  • Responsible for adherence to Abbott accounting policies and procedures (CFMs) and Sarbanes Oxley requirements.
  • Maintain controls to ensure the integrity of assets and compliance with GAAP
  • Establish competent and appropriately staffed finance team to support current and future needs of the business and functional organization.

Experience You'll Bring

Required

  • Bachelor’s degree preferred in Accounting, Finance, or Economics or an equivalent combination education and work experience; MBA preferred
  • Minimum of 7 years of finance and supervisory experience (FP&A, Cost/General Accounting and Financial Reporting). Financial experience at country level a plus 
  • Ability to plan, implement and administer financial information and control systems
  • Knowledge of the principles, processes and standards for integrated financial analysis and reporting
  • Knowledge of the principles, processes and standards for integrated financial analysis and reporting. 

Apply Now

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:  www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.

Divisional Information

Medical Devices

General Medical Devices:

Our medical devices help more than 10,000 people have healthier hearts, improve quality of life for thousands of people living with chronic pain and movement disorders, and liberate more than 500,000 people with diabetes from routine fingersticks.

CRM

As a global leader in Cardiac Rhythm Technologies, we focus on innovative technologies that can improve the way doctors treat people with heart arrhythmias, or irregular heartbeats.

Diabetes

We’re focused on helping people with diabetes manage their health with life-changing products that provide accurate data to drive better-informed decisions. We’re revolutionizing the way people monitor their glucose levels with our new sensing technology.

Vascular

Abbott Vascular provides innovative, minimally invasive, and cost-effective products for treatment of vascular disease.

Neuromodulation

Our Neuromodulation business includes implantable devices compatible with mobile technology to help people who suffer from chronic pain and movement disorders. These non-opioid therapies allow us to provide interventional pain therapy to patients throughout the pain continuum.

Structural Heart

Structural Heart Business Mission:  why we exist

Our business purpose is to restore health and improve quality of life through the design and provision of device and management solutions for the treatment of structural heart disease.

EP

In Abbott’s Electrophysiology (EP) business, we’re advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives.

HF

In Abbott’s Heart Failure (HF) business, we’re developing solutions to diagnose, monitor and manage heart failure, allowing people to restore their health and get on with their lives.

Diagnostics

We’re empowering smarter medical and economic decision making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people.

Abbott Molecular is a leader in molecular diagnostics and the analysis of DNA, RNA, and proteins at the molecular level.

Our Point of Care diagnostic portfolio spans key heath and therapeutic areas, including infections disease, cardiometabolic, informatics and toxicology.

Our diagnostic solutions are used in hospitals, laboratories and clinics around the globe. The crucial information derived from our tests, instruments and informatics systems are often the first step in patient care decision making for hundreds of health conditions from heart attacks to blood disorders to infectious diseases and cancers.

Our rapid diagnostics solutions are helping address some of the world’s greatest healthcare challenges.

Nutrition

Our nutrition business develops science-based nutrition products for people of all ages, from helping babies and children grow to keeping adult bodies strong and active. Millions of people around the world count on our leading brands – including Similac®, PediaSure®, Pedialyte®, Ensure®, and Glucerna® – to help them get the nutrients they need to live their healthiest lives

The base pay for this position is

$114,000.00 – $228,000.00

In specific locations, the pay range may vary from the range posted.

     

JOB FAMILY:

General / Shared Services

DIVISION:

LNGO Lingo

LOCATION:

United States > Alameda : 2901 Harbor Bay Parkway

ADDITIONAL LOCATIONS:

WORK SHIFT:

Standard

TRAVEL:

Yes, 10 % of the Time

MEDICAL SURVEILLANCE:

No

SIGNIFICANT WORK ACTIVITIES:

Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

     

EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf

     

EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf

What they are looking for

Skills & requirements

Qualification

An excellent retirement savings plan with a high employer contribution  Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree; Experience You'll Bring Required Bachelor’s degree preferred in Accounting, Finance, or Economics or an equivalent combination education and work experience; MBA preferred Minimum of 7 years of finance and supervisory experience (FP&A, Cost/General Accounting and Financial Reporting)

A

Hiring company

Abbott

Healthcare

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