Finance Supervisor, Capital Planning at Abbott

Lake Forest, 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, Diagnostics, Medical DevicesIndustries

Requirements

Bachelor’s Degree in Accounting, Finance, or closely related field
4-7 years of progressive Accounting/Finance experience
Prior experience with Symphony/SAP, HFM, and TM1 (or other financial planning system)

Responsibilities

Lead the end-to-end capital planning process (Annual Plan / LBEs) for Core Lab Diagnostics from the development of the calendar of deliverables to the submission of Corporate schedules to Division Finance Headquarters
Partner with the Capital Planning organization to lead the OEM process for capital, including working with each organization to understand and consolidate their capital needs for the upcoming years, reviewing executive-ready one page updates for major projects, and creating the presentation deck for review with division management
Analyze monthly Capital Expenditure Actuals and prepare commentary on variance drivers versus the required benchmarks (Plan / LBE)
Support the broader Core Diagnostics organization in preparation of clear and concise RCEs to streamline the management approval process
Complete various ad hoc analysis and support as needed to effective management decision making

Skills

Key technologies and capabilities for this role

Capital PlanningFinancial PlanningBudgetingForecastingFinancial AnalysisLeadershipDiagnostics FinanceOperations Finance

Questions & Answers

Common questions about this position

Is this role remote or on-site?

This role will be on-site at the Lake Forest, IL office.

What benefits does Abbott offer?

Abbott offers 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.

What are the main responsibilities of this role?

The role involves leading the end-to-end capital planning process including Annual Plan and LBEs, partnering on the OEM process for capital, analyzing monthly Capital Expenditure Actuals, and interacting with Commercial, Operations, Quality, R&D, and Corporate FP&A.

What is the company culture like at Abbott?

Abbott emphasizes doing work that matters, growth and learning opportunities, caring for yourself and family, being your true self, career development in an international company, and is recognized as a great place to work for diversity, working mothers, female executives, and scientists.

What makes a strong candidate for this Finance Supervisor role?

A strong candidate should have experience leading capital planning processes, partnering across functions like Commercial, Operations, Quality, R&D, and Corporate FP&A, and analyzing capital expenditures with variance commentary.

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