Financial Planning and Analysis Manager

2 weeks ago


Irving, Texas, United States Abbott Full time

The Opportunity

This role is situated within the Abbott Diagnostics Division, focusing on enhancing financial decision-making processes.

At Abbott, we are committed to improving health outcomes through innovative solutions. Our diverse range of businesses, including nutrition, diagnostics, medical devices, and pharmaceuticals, provides ample opportunities for professional growth and development.

Key Responsibilities

We are seeking a Manager of Financial Planning & Analysis who will play a pivotal role in providing financial insights and guidance to senior leadership. This position will involve significant collaboration with various stakeholders to ensure financial accuracy and support strategic initiatives aimed at enhancing profitability and operational efficiency.

Essential Duties:

Establish annual financial standards for labor, materials, and overhead, while forecasting budgets and managing headcount. Consolidate and report on manufacturing production budgets, ensuring alignment with financial benchmarks. Collaborate with business partners to identify cost-saving opportunities and optimize operational scalability. Lead and mentor a team, aligning their goals with departmental objectives and fostering professional development. Oversee the global demand planning forecast for internal and third-party manufacturing processes. Model and forecast key financial metrics, including expenses and inventory management. Conduct thorough analyses to support gross margin improvement initiatives. Anticipate and strategize around potential financial challenges, leveraging strong analytical skills. Communicate effectively with management at all levels, presenting financial data and insights clearly. Ensure compliance with internal controls and financial regulations. Maintain the quality system's effectiveness and adherence to financial standards.

Required Qualifications

Bachelor's Degree in Accounting or Finance; CPA designation is advantageous. 7 to 10 years of relevant experience in finance and accounting. Strong analytical skills and problem-solving capabilities. Proficiency in Excel, PowerPoint, TM1, and SAP. Excellent communication and leadership skills.

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