Manager Financial Planning & Analysis

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.About AbbottAbbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.Working at AbbottAt Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to:Career development with an international company where you can grow the career you dream of.Free medical coverage for employees* via the Health Investment Plan (HIP) PPOAn excellent retirement savings plan with high employer contributionTuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.The OpportunityThis position is an onsite opportunity in the Abbott Diabetes Care (ADC) in Alameda, CA. We are helping people with diabetes lead healthier, happier lives. As a global leader in diabetes care, Abbott is constantly working to deliver the highest quality products and unwavering support to our customers. Consistent and accurate glucose monitoring is the foundation of any diabetes management plan, so we are committed to continuous improvement in the way patients and professionals measure, track and analyze glucose levels.As Manager Financial Planning & Analysis (FP&A), you will manage the consolidation of financial planning and reporting processes and strategic business development opportunities for ADC with a focus on balance sheet, capital investment and cashflow. This role and the team reporting to it will provide leadership oversight, coordination, and planning, to execute the financial planning processes and ensure timeliness, accuracy, and integrity of financial information.The main functions of this position include (1) the oversight and coordination of ADC’s balance sheet and cashflow financial planning activities including the compilation, analysis, and distribution of management review packages, (2) oversight of the preparation and analysis of capital projects, (3) being the liaison between ADC’s Division Headquarters, various ADC financial teams around the world, and Corporate Finance, and (4) support ADC’s business development projects/opportunities and coordinate with Corporate Licensing & Acquisitions to gain approvals and execute on these opportunities.The Manager FP&A is responsible for delivering analytics and business support to enable informed decision making by the executive staff as well as presentation of performance summaries to share with senior leaders across the organization. The Manager FP&A is also the link to all the Global and Divisional teams within ADC/MDD/Corporate functions.What You'll DoCoordinate, consolidate, and develop all financial planning cycles for balance sheet, cashflow and capital for ADC.Collect, compile, verify, and analyze financial information and economic indicators so that senior management has accurate and timely information for making strategic and operational decisions on acquisitions, investments, capital expenditure, divestitures, mergers, and the sale of assets.Be the liaison between Division FP&A and various finance teams within ADC as well as Medical Devices HQ and Corporate Functions.Analyze ADC’s balance sheet and cash flow to ensure reserves are adequate and forecasts represent the operating plan.Analyze the cash conversion cycle with DSO, DOH and DPO trends and driving factors.Prepare key management reports emphasizing historical results, budgets, forecasts, and trends, presented to Senior Divisional leaders.Perform actual to budget variance analysis while highlighting risks & opportunities to plan.Create and present slides for senior leadership summarizing key business activities that support the financial planning and reporting processes.Perform cost benefit justifications on major investments in new product development, strategic programs, and capital expenditures.Develop and maintain a financial organization capable of meeting Division and Corporate requirements.Coach and mentor staff through performance management, engagement and recruiting.Lead, coach and develop a team of 2 (Sr. Financial Analysts)Manage the month-end close process and reporting of monthly financial performance metrics.Develop flexible, comprehensive tools and templates to support the consolidation and timely completion of corporate schedules.Implement system solutions and process improvements that meet the needs of the financial planning and reporting requirements.Maintain an effective and efficient planning process for the division, including the coordination of a planning calendar with key dates and deliverables.Proactively develop and present analytics to drive financial and operational excellence across all areas.EXPERIENCE YOU’LL BRINGRequired:Bachelor’s Degree, preferably in Accounting or Finance or an equivalent combination of education and work experienceMaster’s Degree MBA in Accounting or Finance preferred, but not required.Minimum 6 years accounting or finance experience.Minimum 2 years of Direct management/supervisory experience.Experience in performance development/review of staff required.Financial planning experience in either a Commercial, Manufacturing or Corporate backgroundDemonstrated problem solving and analysis within a broad framework of Abbott’s financial policies (CFMs), and Generally Accepted Accounting Principles.Perform detailed analytical analysis through the identification of pertinent data and subsequent collection, analysis, and interpretation thereof.This position requires an individual with the ability and desire to search out and evaluate business problems and opportunities, as well as the capability to direct efforts to achieve answers and results.Apply Now* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:

www.abbottbenefits.comFollow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

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