Financial Planning and Analysis Manager

Job Title

Financial Planning and Analysis Manager

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, nutrition and branded generic medicines. Our 103,000 colleagues serve people in more than 160 countries.

At Molecular Diagnostics, we realize the potential of personalized care as the laboratory’s most trusted and preferred source for molecular diagnostic solutions. We are a division of Abbott Laboratories, a global, diversified healthcare innovator with a legacy of pioneering work in medical diagnostics.

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your 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.
• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
• An excellent retirement savings plan with a high employer contribution
• Tuition 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 worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

This Financial Planning and Analysis Manager works out of our Lake Forest, Illinois office. This role will directly support the Commercial Senior Leadership Team, as well as the Global Commercial Controller and the AMD Division Controller. The primary responsibility for this role is the financial reporting and analysis of the AMD commercial P&L including providing key insights around sales and profitability trends and presenting consolidated forecast and analysis to senior leadership. 

What You’ll Work On

• Responsible to understand the main commercial strategies across the Key markets and help to create effective analysis/communication to present financial components to Sr Division Leadership including identifying trend anomalies, risk and opportunities in sales and P&L.
• Provide direct financial support for the long-term sales strategy through Abbott’s Organic Execution Model (OEM) and Annual Plan forecasting.
• Act as a key liaison with Area finance team to align deadlines for all the financial planning cycles, information requirements, reports and analysis required to ensure deliverables are submitted timely.
• Supporting key global sales tenders including pricing analysis and risk management for all regions.
• Ensure a robust planning system in area to meet BU and Division requirements, recommend improvements to process to ensure efficient and timely results.
• Provide financial guidance to commercial affiliates/plants in the preparation of the revenue and operating budget planning and all relevant reporting requirements.
• Support the on-going product and region profitability assessment and product pricing process including support of margin & profitability initiatives.
• Ensure reporting requirements to BU, Division, and Corporate are met in accordance with established calendars and timelines.
• Perform other Ad-hoc tasks as required by Area, Division, Corporate.
• Responsible for compliance with applicable Corporate and Divisional Policies and procedures. Support affiliates in activities related to accounting policies and procedures, consistent with General Accepted Accounting Practices and AI policies, Corporate Financial Procedures, and sound business practices.