Finance Supervisor
Abbott
Summary
This team member is responsible for assisting with all Core Lab FP&A Planning and Monthly Actuals Reporting processes for a $300 million sales channel, providing direct financial support for the US Commercial team and interfacing directly with Sales Directors and Area DVP to accomplish goals/tasks.
Job description
What You'll Work On
- Partner with the commercial teams to create and maintain sales forecasts for the annual Plan, monthly IBPs, and quarterly LBEs.
- Own the P&L for assigned areas, including gross-to-net sales adjustments, customer rebate accruals, price/volume/mix analytics, and expense analysis.
- Collaborate with Commercial Excellence to understand pipeline, forecast revenue and P&L, understand and challenge key assumptions.
- IBP and LBE system load submissions and tie out for sales and product cost for Total USO.
- Develop ad-hoc business analysis and present recommendations to non-finance business partners.
- Provide financial expertise and business decision support in evaluating and identifying the key issues and gaps in business performance and emerging business needs.
- Maintain and develop system solutions and process improvements that meet the needs of the financial planning & reporting requirements.
- Facilitate the monthly area close process and resolution of close issues, including Tracks accounting, instrument sales margin, etc.
- Ensure appropriate integrity and reasonableness of financial data as well as compliance with Corporate & Division financial policies and procedures.
- Responsible for adherence to Abbott accounting policies and procedures (CFMs) and Sarbanes Oxley requirements.
Requirements
- Bachelor's degree, preferably in finance or accounting or an equivalent combination of education and work experience.
- Four or more years of financial experience demonstrating a progressive level of responsibility.
- Demonstrated ability to provide data and analysis to support decision making.
- Methodical approach to problem solving and rational ideas supporting them.
- Ability to keep learning and to teach others.
- Traditional accounting knowledge and facilitator of management needs.
- Streamlining functions within the department.
- Master's degree/CPA preferred.
- High proficiency in Microsoft office suite, primarily Microsoft Excel and Power Point.
- Proficiency in TM1, Cognos and SAP are a plus.
- Ability to operate independently with broad scope of responsibility under minimal supervision and under challenging time constraints.
- Oral and written ability to communicate clearly, concisely and accurately with all levels of the organization.
- Ability to facilitate interpretation and understanding of data, identify risks, develop recommendations and implement solutions.
Benefits
- Medical coverage
- Retirement savings plan
- Tuition reimbursement
- Student debt program
- Education benefit
Company overview
Abbott Laboratories is a global healthcare leader with a 135-year legacy of innovation, dedicated to helping people live healthier, fuller lives through life-changing technologies and products. Headquartered in Abbott Park, Illinois, the company operates in more than 160 countries with a workforce of approximately 114,000 professionals. Abbott's diversified portfolio spans four core business segments: medical devices, diagnostics, nutrition products, and branded generic pharmaceuticals. The company is particularly renowned for its groundbreaking medical devices including cardiovascular technologies, diabetes management systems like the FreeStyle Libre continuous glucose monitor, neuromodulation devices for chronic pain, and the AVEIR DR dual chamber leadless pacemaker system. In diagnostics, Abbott has been instrumental in developing critical tests, including the first licensed HIV test in 1985 that helped secure blood supply safety. The company's nutrition division produces leading infant formulas like Similac, while its pharmaceutical business provides quality branded generic medicines. Abbott consistently ranks among Fortune's Most Admired Companies and maintains a strong commitment to sustainability and corporate responsibility, making it a trusted partner in advancing global healthcare.