Senior Finance Manager at Abbott

Sylmar, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical Devices, CardiovascularIndustries

Requirements

Bachelor’s degree in Finance, Accounting, Business Administration, Economics or related field
10+ years of experience performing financial and variance analysis, forecasting, planning, and financial modeling
Seasoned judgment acquired through organizational experience in financial planning and analysis and working with senior leadership; experience delivering financial information that adds value to management's decision-making process
Strong organizational, interpersonal, communication and management skills (persuasiveness and negotiation)
Highly organized individual capable of interfacing with individuals in a variety of senior management positions/levels
Ability to prioritize, meet deadlines and engage others to accomplish projects in a fast-paced, changing environment
Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization
Previous experience working at an advanced level with MS Office Suite (Word, Excel, and PowerPoint) and financial planning applications
Minimal travel required

Responsibilities

Lead the Long Range OEM (Organic Execution Model) Plan process by working directly with all functions, senior leaders, DVP Controller and SVP of CRM to deliver the forecast annually
Produce high impact business analyses and decision support to optimize new product launches including cost analysis on new products and geographic execution to pre-approved plans
Provide leadership with performance assessments, trend analyses and proposals for improvements
Partner with all functions teams to assess, prioritize and communicate key division strategic initiatives as well as drive margin improvement and simplification projects
Exercise sound judgment in planning, organizing and performing work
Prepare financial modeling and ad hoc analysis across the income statement
Guarantee the integrity, accuracy, and reliability of financial information and reporting
Assurance internal control and compliance with local and Abbott’s regulations/standards, as well as audit results/findings are timely solved, as they arise

Skills

Financial Planning & Analysis

Forecasting

Long Range Planning

Business Analysis

Cost Analysis

Trend Analysis

Presentation Skills

Cross-functional Leadership

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.

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