Sr. Finance Manager, US-Commercial

Abbott • Lake Forest, IL • 2h ago

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.

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 (https://www.abbott.com/corpnewsroom/strategy-and-strength/tackling-student-debt-for-our-employees.html) student debt program, and FreeU (https://www.abbott.com/corpnewsroom/strategy-and-strength/college-degree-for-free-its-possible-with-freeu.html) 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

The Senior Finance Manager, US Commercial, is a strategic finance leader responsible for financial planning, analysis, and reporting for the Cardiometabolic U.S. Commercial business. This role partners closely with senior leadership, including the General Manager, to support growth and profitability initiatives through forecasting, annual planning, LBEs, capital and headcount planning, performance reporting, and business insights. The position also collaborates with cross-functional finance teams to drive informed decision-making and achieve business objectives.

What You'll Work On

Responsible for compliance with applicable Corporate and Divisional Policies and procedures.

Ongoing tasks of this position include performance management of the business and evaluation of direct reports, leadership of all relevant planning & LBE processes, establishment and maintenance of internal controls over pricing, profitability & spend, compliance with all corporate policies, and effective financial input into key strategic initiatives.

Reporting to the CMI BU Controller with a responsibility to the General Manager Cardiometabolic US Commercial.

Collaborate with CMI Business Unit Finance, GBS and other local entity controllership teams on monthly and quarterly accounting and FP&A requirements.

Act as a key liaison with Demand Planning and Marketing teams to ensure connection of key market and financial results/forecasts, playing a key role in the S&OP process.

Monitor the calculation of Gross to Net Sales for actuals and different planning scenarios.

Establishes guidelines and directs the preparation of budgets and forecast updates in accordance with GAAP and BU Requirements.

Identifies and analyzes business problems and opportunities and evaluates the financial and operational results of the relevant functions.

Furnishes management with findings and recommendations needed to make significant operational decisions which impact profitability and cash flow.

Lead and coordinate preparation of Quarterly Business Reviews for US-Region. Provide Monthly Business Review and other financial dashboards to commercial teams (Mktg, C&P, EAM, Sales, etc). Assist in the development, implementation, and administration of business plans, vendor/distributor agreements, marketing promotions, commission plans and other contractual support.

Encourages the professional and management development of accounting/finance staff.

Required Qualifications

Bachelor's degree in accounting/finance/economics or related.

8-10 years of financial experience with prior experience in commercial operations/FP&A.

Preferred Qualifications

Requires effective communication skills with all levels of management, inside and outside of finance

Previous experience managing a team a plus

Individual must be a self-starter who works independently as well as within a team

Must be proficient in Excel and PowerPoint

Experience with SAP/Hyperion/Power BI/BW preferred

Experience involving extensive work with complex excel files

CPA/MBA is preferred

Apply Now (https://www.jobs.abbott/us/en)

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: https://abbottbenefits.com/ (http://www.abbottbenefits.com/pages/candidate.aspx)

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 abbott.com , on LinkedIn at https://www.linkedin.com/company/abbott-/ , and on Facebook at https://www.facebook.com/AbbottCareers .

The base pay for this position is $129,300.00 - $258,700.00. In specific locations, the pay range may vary from the range posted.

An Equal Opportunity Employer

Abbot welcomes and encourages diversity in our workforce.

We provide reasonable accommodation to qualified individuals with disabilities.

To request accommodation, please call 224-667-4913 or email corpjat@abbott.com

Abbott

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