Manager Financial Planning and Analysis at Abbott

Plano, Texas, 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, NeuromodulationIndustries

Requirements

Bachelor’s degree required; CPA and/or advanced degree preferred
Five+ years of full-time FP&A and/or accounting experience, preferably in the health care space
Knowledge of the principles, processes and standards for integrated financial analysis and reporting
Ability to lead and influence cross-functional teams

Responsibilities

Lead the cost accounting team and manage all cost accounting activities, including standard cost development, variance analysis, and inventory valuation
Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs
Partner with operations, supply chain, and finance teams to understand cost drivers and identify opportunities for cost reduction and process improvement
Maintain and update cost accounting systems and ensure accurate product costing and margin analysis
Oversee month-end and year-end close processes related to inventory and cost accounting
Support budgeting and forecasting processes with cost-related data and insights
Ensure compliance with internal controls, accounting policies, and external audit requirements
Provide leadership, coaching, and development to cost accounting staff

Skills

Financial Planning

Financial Analysis

FP&A

Budgeting

Forecasting

Variance Analysis

Manufacturing Finance

Operations Finance

Quality Finance

Business Partnering

Excel

ERP Systems

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