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 109,000 colleagues serve people in more than 160 countries.
About Abbott Diagnostics
Diagnostic testing is a compass, providing information that helps in the prevention, diagnosis and treatment of a range of health conditions.
Abbott's life-changing tests and diagnostic tools give you accurate, timely information to better manage your health. We're empowering smarter medical and economic decision making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott's diagnostics instruments, providing lab results for millions of people.
Our location in Lake County, IL,currently has an opportunity for a Finance Supervisor - Latin America & Canada. This team member is responsible for assisting with all Core Lab Latin America & Canada (LAC) FP&A Planning and Monthly Actuals Reporting processes, providing direct financial support for the Area Service organization, as well as LAC affiliate teams in Mexico, Argentina, Distributor Region and Central America. This individual would be responsible for supervising the FPDP (Financial Planning Development Program) team member. This role is integral to the preparation and review of Plan, LBE and Commercial Management Review, as well as monthly close process and will be called upon to adapt to changes in the business environment and/or commercial strategy, implementing solutions to meet the needs of the management team. Additionally, the Supervisor will interact with the Country General Managers and Controllers, and the rest of the Area Finance Teams and will need to focus on understanding the product offerings, local business dynamics, as well as establishing efficient processes and tools to effectively analyze and support new business opportunities.
WHAT YOU'LL DO
Facilitate data collection and analysis from the regions/countries ensuring reasonableness of the information on an absolute and performance basis with the continuous goal of understanding the different business drivers of the various regions / countries.
Participate as the Area Finance lead or "country liaison" with assigned countries which requires supervisor to have a robust understanding of the country markets, customers, pipeline, performance, risks, opportunities, etc. The Supervisor is the first point of contact for the country finance teams and Area Finance Director / Area Controller. Facilitate weekly touch point calls with responsible countries.
Provide financial expertise and business decision support in evaluating and identifying the key issues and gaps in business performance and emerging business needs, deliver analyses that provide a foundation for management understanding and action.
Develop metrics and reports for monthly review with management to understand and address performance as well as cost and spending drivers.
Develop flexible, comprehensive tools to support commercial program proposals focused on ROI and fully burdened margin profitability to support various business needs, including training to improve the financial understanding of the key nonfinancial commercial management & staff.
Maintain and develop system solutions and process improvements that meet the needs of the financial planning & reporting requirements.
Coordinate the LBE balance sheet collection (from all countries) and area consolidation, performs analytics, collaborates with Area Finance Director, Area Controller and Country Finance Teams to identify forecast improvements and is responsible for loading all country balance sheets to TM1.
Facilitate the monthly area close process, resolution of close issues and publish monthly financial reports.
Collaborate with the country teams to consolidate and provide updates on capital planning.
On-board, manage and develop LAC Area Finance PDP Analyst
Ensure appropriate integrity and reasonableness of financial data as well as compliance with Corporate & Division financial policies and procedures.
Responsible for adherence to Abbott accounting policies and procedures (CFMs) and Sarbanes Oxley requirements.
Meet timing and quality standards to facilitate effective senior management review and decision-making.
Additionally, this role is regularly involved in special projects with the Area Controller and Finance Director, business unit Controllers, and other members of commercial management and is expected to proactively look for ways to improve the planning and reporting processes.
EDUCATION AND EXPERIENCE YOU'LL BRING
Bachelor's Degree in Accounting, Finance or Economics or an equivalent combination of education and work experience
4 years' Finance experience (FP&A, Cost/General Accounting or Financial Reporting).
Ability to plan, implement, and administer financial information and control systems.
Knowledge of the principles, processes and standards for integrated financial analysis and reporting.
Bachelor's degree in Finance or Accounting
International Divisional, Area or Affiliate experience
Excellent oral and written communication skills, innovative thinking and problem-solving ability
Analytical and organizational skills
Power-Excel user and previous experience with TM1 and/or Essbase
Demonstrated initiative, problem-solving skills, analytical skills and critical-thinking skills
Ability to communicate clearly, concisely and accurately with all levels of the organization
Ability to apply knowledge of financial processes, accounting methodologies and Division specific operations to lead complex planning processes and to support related systems and functions
Ability to facilitate interpretation and understanding of data, identify risks, develop recommendations and implement solutions
Fluency in Spanish is a plus
WHAT WE OFFER
At Abbott, you can have a good job that can grow into a great career. We offer:
Training and career development, with onboarding programs for new employees and tuition assistance
Financial security through competitive compensation, incentives and retirement plans
Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
Paid time off
401(k) retirement savings with a generous company match
The stability of a company with a record of strong financial performance and history of being actively involved in local communities
Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity.
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 109,000 colleagues serve people in more than 160 countries.