Finance Manager, Lake County Site Manufacturing Operations at Abbott

North Chicago, Illinois, United States

Apply Now

Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical Devices, ManufacturingIndustries

Requirements

Bachelor’s degree in Accounting/Finance or equivalent
MBA, CPA, or CMA (a plus)
Minimum of 5 years of progressive experience in finance/accounting
Highly effective interpersonal skills, oral and written communication skills, and influencing skills (interfaces with various levels, including senior management)
1-2 years of prior experience in cost accounting/operations environment and/or prior experience managing people (a plus)
Strong Excel skills and knowledge of SAP

Responsibilities

Development, management, coordination of site financial Plans/LBEs/Confirmations and monthly analytics and reporting for Lake County Site, including analysis of SCOP/Thruput, P&L, Balance Sheet, and manufacturing variances
Leading the annual standard setting process, including responsibility for timelines, definition and communication of requirements, partnering with site operations management, analysis and rationalization of overall plan profile, updating and maintaining financial system data, burden rate development, cost change analysis, and standard cost submissions
Partnering with the business and providing decision support for Lake County Site Senior Management concerning the achievement of business and financial objectives
Maintaining proper internal controls and compliance with Abbott policies and procedures; supporting both internal and external audit requests as well as SOX activities
Leading, managing, and developing a team of three senior cost analysts, one FPDP, and summer intern

Skills

Key technologies and capabilities for this role

Financial PlanningBudgetingP&L ManagementStandard CostingManufacturing FinanceForecasting

Questions & Answers

Common questions about this position

What benefits does Abbott offer?

Abbott provides free medical coverage in the Health Investment Plan (HIP) PPO medical plan, an excellent retirement savings plan with high employer contribution, tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit for earning a bachelor’s degree.

Is this position remote or onsite?

The position is located onsite at Abbott Park, Illinois.

What are the main responsibilities of this role?

The role involves developing and managing site financial plans/LBEs, leading the annual standard setting process, providing decision support to senior management, and handling monthly P&L and balance sheet reporting.

What is the team structure for this position?

The Finance Manager will manage three senior cost analysts and one FPDP.

What does Abbott say about its company culture and work environment?

Abbott emphasizes doing work that matters, opportunities to grow and learn, caring for yourself and family, being your true self, career development in an international company, and is recognized as a great place to work, one of the most admired companies, and best for diversity, working mothers, female executives, and scientists.

Abbott

Healthcare solutions in diagnostics and devices

About Abbott

Abbott Laboratories focuses on improving health through various medical technologies and health solutions. The company operates in areas such as cardiovascular health, diabetes management, diagnostic testing, nutrition, and neuromodulation for chronic pain and movement disorders. Abbott's products include advanced medical devices and diagnostic tests that help healthcare professionals and patients manage health conditions effectively. For example, their cardiovascular technologies assist in heart health management, while diabetes care products enable accurate glucose monitoring without painful fingersticks. Unlike many competitors, Abbott emphasizes accessibility and affordability in its offerings, aiming to make life-changing technologies available to a broader audience. The company's goal is to positively impact global health and well-being, supported by a commitment to sustainability and a 2030 Sustainability Plan.

Lake Bluff, IllinoisHeadquarters

1888Year Founded

IPOCompany Stage

HealthcareIndustries

10,001+Employees

Risks

Departure of key leader Dr. Adamson may affect Abbott's Heart Failure division.

Integration challenges with Medtronic could impact glucose monitor-insulin pump rollout.

Thermo Fisher's microfluidics expansion may increase competition for Abbott.

Differentiation

Abbott integrates continuous glucose monitoring with automated insulin delivery systems.

Abbott's microfluidic devices streamline diagnostic processes efficiently.

Abbott's neuromodulation products target specific nervous system areas for chronic pain relief.

Upsides

Microfluidic technology offers cost-effective solutions in diagnostics.

Strategic partnerships like Abbott-Medtronic enhance product offerings and market reach.

Significant investments indicate strong market confidence in Abbott's healthcare solutions.

Land your dream remote job 3x faster with AI

Try Jobo Free