Abbott

Assistant Controller CMI

Abbott$129K — $258K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or finance
  • 10+ years of relevant finance experience
  • Strong analytical, time management, and people management skills
  • Effective communication skills with all management levels
  • Experience managing a team is desirable
  • Proficient in Excel and PowerPoint
  • Experience with SAP, Hyperion, Power BI, or BW preferred

Responsibilities

  • Establish and maintain financial planning processes for meaningful Plans and LBEs
  • Identify trends, risks, and opportunities in sales and P&L forecasts
  • Analyze and communicate financial components related to the US Cardiometabolic market
  • Liaise with Demand Planning and Marketing teams during the S&OP process
  • Monitor Gross to Net Sales calculations for planning scenarios
  • Lead preparation of Quarterly Business Reviews for the US Region
  • Conduct ad-hoc analysis for finance and commercial decision-making

Benefits

  • Work with a cross-functional team in a strategic financial role
  • Opportunities for leadership development and team management
  • Engagement with senior leadership on market strategies
  • Involvement in diverse financial planning and analysis initiatives
  • Experience with key financial software and tools
Full Job Description
JOB DESCRIPTION:

The Opportunity

The Assistant Controller, CMI manages all aspects of financial planning, analysis and reporting related to the consolidated CMI business unit (BU) as well as key BU level support functions, including analysis to support key growth and profitability programs. Financial planning activities include long-range plans, the annual plan, regular LBE's, capital planning, and headcount planning. Reporting activities include the monthly close, variance analysis, and internal management reporting. Monthly reporting of results versus benchmarks including prior year, Plan and LBEs. Coordinate financial matters with the CMI BU Controller, as well as other members of the division and BU finance teams.

What You'll Work On
  • Establish, maintain, and control financial planning processes to deliver meaningful and comprehensive Plans and LBEs, assuring compliance with Division requirements.
  • Play a leadership role in identifying trends/risks/opportunities in sales and P&L forecasts.
  • Responsible for understanding the Area / Division commercial strategies across US Cardiometabolic market and helping to create effective analyses/communications to present financial components to Sr Leadership.
  • Act as a key liaison with Demand Planning and Marketing teams to ensure connection of key market and financial results/forecasts, playing a key role in the S&OP process.
  • Monitor the calculation of Gross to Net Sales for actuals and different planning scenarios.
  • Lead and coordinate preparation of Quarterly Business Reviews for US Region.
  • Prepare ad-hoc analysis and backup schedules to assist finance and commercial leadership in decision-making process.
  • Provide finance leadership to Division and Corporate strategic initiatives such as Margin & Profitability (M&P) programs, cash flow, and other cost saving and value creation initiatives.
  • Provide Monthly Business Review and other sales dashboard to regional sales teams.
  • Support cost center expense forecasting and reporting.
  • Partner with Finance back office on accounting policies and compliance.
  • Provide margin analyses, price/volume analyses and insight into sales consumption and shipments
  • Provide support on strategic projects.
  • Assist in the development, implementation, and administration of business plans, vendor/distributor agreements, marketing promotions, and other contractual support.
  • Manage and develop staff.


Required Qualifications
  • Bachelor's degree in accounting or finance.
  • 10+ years of relevant finance experience with strong analytical, time management and people management skills.


Preferred Qualifications
  • Requires effective communication skills with all levels of management, inside and outside of finance
  • Previous experience managing a team a plus
  • Individual must be a self-starter who works independently as well as within a team
  • Must be proficient in Excel and PowerPoint
  • Experience with SAP/Hyperion/Power BI/BW preferred
  • Experience involving extensive work with complex excel files
  • CPA/MBA is preferred


The base pay for this position is
$129,300.00 - $258,700.00
In specific locations, the pay range may vary from the range posted.

JOB FAMILY:
Financial Planning and Analysis

DIVISION:
CMI ARDx Cardiometabolic and Informatics

LOCATION:
United States > Lake Forest : J55

ADDITIONAL LOCATIONS:

WORK SHIFT:
Standard

TRAVEL:
Yes, 10 % of the Time

MEDICAL SURVEILLANCE:
Not Applicable

SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

About Abbott

Abbott Careers

Joining Abbott means becoming part of a globally diverse team dedicated to making a lasting impact on human health. As a leader in healthcare innovation, Abbott provides a dynamic workplace where careers flourish through growth, leadership, and diversity training.

Opportunities at Abbott

Explore a world of opportunities with our team. Whether you're seeking job opportunities in engineering, marketing, research, or healthcare, Abbott offers a variety of positions that allow professionals to grow their careers. Our commitment to diversity and innovation is evident in every aspect of our work, fostering an inclusive culture that values each team member's contribution.

Work You'll Do

At Abbott, every role contributes to our mission of helping people live fuller lives through better health. From groundbreaking research in medical devices to advancements in pharmaceuticals, our team is at the forefront of healthcare innovation. By joining Abbott, you are not just accepting a job; you are embarking on a path of professional and personal growth.

Internship Programs

Kickstart your career with an Abbott internship. Our programs provide invaluable industry experience and a chance to develop essential skills in a real-world setting. Interns at Abbott work on projects that matter, gaining the experience and knowledge necessary to succeed in their future careers.

Professional Development

Abbott is dedicated to the continuous professional development of its employees. With access to cutting-edge technology, leadership programs, and diversity training, our team members are equipped to lead and innovate within the healthcare industry. We support your career journey with robust training programs, mentorship, and opportunities for networking and professional growth.

Benefits and Culture

Our employees enjoy comprehensive benefits designed to support their life and well-being. From health insurance to retirement plans, we ensure our team has everything they need to thrive. Abbott's culture is built on a foundation of respect and integrity, united by a shared commitment to improving health outcomes.

Join Our Team

Discover the impact you can make with a career at Abbott. We are hiring individuals who are passionate, curious, and driven to lead. Search open positions that match your skills and interests on our Jobs page. Prepare your resume, sharpen your interview skills, and get ready to join a team that's at the cutting edge of healthcare solutions.

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Explore Abbott

With a commitment to improving life through innovation, leadership, and diversity, Abbott is a place where you can fulfill your potential. See what exciting and rewarding opportunities await at Abbott by exploring our career opportunities today.

SEARCH ABBOTT JOBS

Join us in our mission to make the world a healthier place through innovation, leadership, and diversity. Your journey to a fulfilling career at Abbott starts here.
Learn more about Abbott
Size
113,000 employees
Market Cap
$189 billion
Industry
Net Income
$4.4 billion
Founded
1944
5 Year Trend
+15.6%
Revenue
$34.6 billion
NASDAQ

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