Senior Manager, Financial Planning & Analysis at Abbott

Alameda, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical Devices, Diabetes CareIndustries

Requirements

Onsite position in Alameda, CA
Experience providing financial leadership and analytics for executive decision-making
Expertise in financial modeling, scenario planning, and risk analysis
Ability to oversee P&L management (~$150MM annual spend), balance sheet, and cash flow planning
Experience partnering with Business Development and Corporate Licensing & Acquisition teams
Proficiency in developing and maintaining complex financial models for business KPIs and deal forecasts
Knowledge of acquisition integration, financial reporting, and system integration (e.g., Symphony)
Familiarity with corporate financial policies (e.g., CFM 1090 for acquisitions and divestitures)
Skills in capital project planning, analysis, and month-end close processes

Responsibilities

Deliver analytics and business support for executive decision-making; prepare and present performance summaries for senior leadership
Influence strategic and tactical decisions through robust financial modeling, scenario planning, and risk analysis
Lead financial oversight of Global Strategic Marketing’s P&L (~$150MM annual spend), ensuring accuracy, compliance, and alignment with corporate objectives
Manage all balance sheet and cash flow planning activities, including compilation, analysis, and distribution of management review packages for OEM, Plan, RLBE, and quarterly confirmations
Partner with Business Development and Corporate Licensing & Acquisition teams to evaluate new projects and partnerships linked to ADC future opportunities
Develop and maintain complex financial models for ADC’s Libre business KPIs; collaborate with Business Development Senior Director on deal forecasts for executive presentation
Take a finance leadership role in integrating the Bigfoot acquisition into Abbott, including financial reporting and system integration (e.g., Symphony)
Ensure compliance with corporate financial policies, including CFM 1090 for acquisitions and divestitures
Oversee preparation and analysis of capital projects for planning activities and month-end actuals

Skills

Key technologies and capabilities for this role

Financial PlanningFinancial AnalysisFP&ABudgetingForecastingVariance AnalysisFinancial ModelingExcelDiabetes CareHealthcare Finance

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 a bachelor's degree.

Is this position remote or onsite?

This is an onsite opportunity in the Abbott Diabetes Care Division in Alameda, CA.

What are the main responsibilities of this role?

The role involves providing financial leadership and analytics for executive decision-making, overseeing planning, reporting, and performance analysis for Global Strategic Marketing and critical initiatives, and leading financial oversight of Global Strategic Marketing’s P&L (~$150MM annual spend).

What is the company culture like at Abbott?

Abbott emphasizes doing work that matters, growth, learning, 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.

What makes a strong candidate for this Senior Manager role?

A strong candidate will have expertise in strategic financial leadership, including analytics, financial modeling, scenario planning, risk analysis, and experience managing large P&L oversight like the ~$150MM annual spend for Global Strategic Marketing.

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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