Manager Financial Planning

About Abbott

Abbott is a global healthcare leader, creating breakthrough science to improve peopleâs health. Weâre 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 family, be your true self and live a full life. Youâll also have access to:

• Career development with an international company where you can grow the career you dream of.
• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
• An excellent retirement savings plan with high employer contribution
• Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelorâs degree.
• A company recognized as a great place to work in dozens of countries around the world 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 a best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity  

This position is an onsite opportunity in the Abbott Diabetes Care (ADC) in Alameda, CA. We are helping people with diabetes lead healthier, happier lives. As a global leader in diabetes care, Abbott is constantly working to deliver the highest quality products and unwavering support to our customers. Consistent and accurate glucose monitoring is the foundation of any diabetes management plan, so we are committed to continuous improvement in the way patients and professionals measure, track and analyze glucose levels. 

 

As Manager Financial Planning & Analysis (FP&A), you will manage the consolidation of financial planning and reporting processes and strategic business development opportunities for ADC with a focus on balance sheet, capital investment and cashflow. This role and the team reporting to it will provide leadership oversight, coordination, and planning, to execute the financial planning processes and ensure timeliness, accuracy, and integrity of financial information. 

 

The main functions of this position include (1) the oversight and coordination of ADCâs balance sheet and cashflow financial planning activities including the compilation, analysis, and distribution of management review packages, (2) oversight of the preparation and analysis of capital projects, (3) being the liaison between ADCâs Division Headquarters, various ADC financial teams around the world, and Corporate Finance, and (4) support ADCâs business development projects/opportunities and coordinate with Corporate Licensing & Acquisitions to gain approvals and execute on these opportunities. 

 

The Manager FP&A is responsible for delivering analytics and business support to enable informed decision making by the executive staff as well as presentation of performance summaries to share with senior leaders across the organization. The Manager FP&A is also the link to all the Global and Divisional teams within ADC/MDD/Corporate functions. 

 

This is an onsite opportunity in Alameda, CA. 
â¯Â 

What You'll Do 

• Coordinate, consolidate, and develop all financial planning cycles for balance sheet, cashflow and capital for ADC. 

• Collect, compile, verify, and analyze financial information and economic indicators so that senior management has accurate and timely information for making strategic and operational decisions on acquisitions, investments, capital expenditure, divestitures, mergers, and the sale of assets. 

• Be the liaison between Division FP&A and various finance teams within ADC as well as Medical Devices HQ and Corporate Functions. 

• Analyze ADCâs balance sheet and cash flow to ensure reserves are adequate and forecasts represent the operating plan. 

• Analyze the cash conversion cycle with DSO, DOH and DPO trends and driving factors. 

• Prepare key management reports emphasizing historical results, budgets, forecasts, and trends, presented to Senior Divisional leaders. 

• Perform actual to budget variance analysis while highlighting risks & opportunities to plan. 

• Create and present slides for senior leadership summarizing key business activities that support the financial planning and reporting processes. 

• Perform cost benefit justifications on major investments in new product development, strategic programs, and capital expenditures. 

• Develop and maintain a financial organization capable of meeting Division and Corporate requirements. 

• Coach and mentor staff through performance management, engagement and recruiting. 

• Lead, coach and develop a team of 2 (Sr. Financial Analysts) 

• Manage the month-end close process and reporting of monthly financial performance metrics. 

• Develop flexible, comprehensive tools and templates to support the consolidation and timely completion of corporate schedules. 

• Implement system solutions and process improvements that meet the needs of the financial planning and reporting requirements. 

• Maintain an effective and efficient planning process for the division, including the coordination of a planning calendar with key dates and deliverables. 

• Proactively develop and present analytics to drive financial and operational excellence across all areas. 

 

EXPERIENCE YOUâLL BRING 

Required: 

• Bachelorâs Degree, preferably in Accounting or Finance or an equivalent combination of education and work experience 

• Masterâs Degree MBA in Accounting or Finance preferred, but not required. 

• Minimum 6 years accounting or finance experience. 

• Minimum 2 years of Direct management/supervisory experience. 

• Experience in performance development/review of staff required. 

• Financial planning experience in either a Commercial, Manufacturing or Corporate background 

• Demonstrated problem solving and analysis within a broad framework of Abbottâs financial policies (CFMs), and Generally Accepted Accounting Principles. 

• Perform detailed analytical analysis through the identification of pertinent data and subsequent collection, analysis, and interpretation thereof. 

• This position requires an individual with the ability and desire to search out and evaluate business problems and opportunities, as well as the capability to direct efforts to achieve answers and results. 

Apply Now

* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.

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 ï¬ngersticks.

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

Weâre focused on helping people with diabetes manage their health with life-changing products that provide accurate data to drive better-informed decisions. Weâre 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 Abbottâs Electrophysiology (EP) business, weâre 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 Abbottâs Heart Failure (HF) business, weâre developing solutions to diagnose, monitor and manage heart failure, allowing people to restore their health and get on with their lives.

Diagnostics

Weâre 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 Abbottâs 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 worldâs 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 â including Similac®, PediaSure®, Pedialyte®, Ensure®, Glucerna® â to help get the nutrients they need to live their healthiest life.

The base pay for this position is $125,700.00 â $251,500.00. In specific locations, the pay range may vary from the range posted.