Abbott

Director, Margin & Profitability

Abbott$149K — $298K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of relevant industry experience
  • Proven critical thinking and problem-solving skills
  • Strong analytical and communication abilities
  • Experience managing large, complex global projects
  • Ability to connect diverse data for insights
  • Proven anticipative thinking with stakeholders
  • Advanced financial modeling expertise
  • Knowledge of healthcare regulations and standards
  • Bachelor's degree in Engineering, Science, Business, or Finance
  • Preferred Master's degree in Business, Finance, Program/Project Management or Supply Chain
  • Preferred Six Sigma Blackbelt certification.

Responsibilities

  • Lead Margin & Profitability Value Streams and execute high-impact initiatives
  • Design and implement long-term projects for value creation
  • Collaborate across leadership to assign goals and manage risks
  • Develop tools and processes for sustained project outcomes
  • Define and implement high-impact programs to achieve financial objectives
  • Perform benchmarking to identify improvement opportunities
  • Collaborate with Corporate functions to enhance CRM initiatives
  • Develop and execute a roadmap for CRM Value Streams
  • Manage global projects to improve costs and service delivery.

Benefits

  • Health and wellness benefits to support you and your family
  • Opportunity for professional growth within the organization
  • Diverse career options across the company
  • A supportive work environment fostering work-life balance
  • Resources to help you build a secure and fulfilling future.
Full Job Description
JOB DESCRIPTION:

THE OPPORTUNITY:

The primary function of this position is to manage key Margin & Profitability Value Streams for the CRM Division. The incumbent will lead and direct key Value Streams, and associated resources, while collaborating across Business Unit leadership to drive and achieve division margin goals. Provide leadership and management of high impact change programs that significantly improve productivity and cost structure of CRM business. The scope will include both long-term planning and roadmap development, as well as short-term execution of critical projects and programs. This position reports to the Divisional Vice President of Commercial Services, Margin & Profitability.

WHAT YOU'LL WORK ON:

Main Responsibilities:
  • Lead key division Margin & Profitability Value Streams, including execution of large scale / high impact initiatives and reporting of progress to Executive Steering committee.
  • Design and lead projects for long-term value creation; Determine the 'what must happen/stay on track'; Establish and evaluate key metrics; Drive results through innovative value creation and initiatives for continuous, measurable improvements
  • Collaborate and influence across Business Unit leadership and staff to assign goals, develop project funnels, support execution, and manage / mitigate risks.
  • Develop & deploy sustaining tools and processes that will continue after the project ends
  • Ensures that high impact programs are defined, resourced and implemented to achieve financial objectives as defined by both the OEM, Plan and LBE
  • Perform benchmarking and cost structure analysis to define significant opportunities for improvement.
  • Collaborate closely with all Corporate functions to support the CRM journey
  • Develop roadmap for CRM Value Stream and execute to roadmap milestones.
  • Support and lead any key strategic initiatives driven by the Commercial Services organization.
  • Manage large-scale global projects to reduce costs, reduce inventory investment, improve/streamline "go to market" strategies/processes and/or improve service to CRM customers.


Accountability / Scope / Budget:
  • This position reports to the Divisional Vice President of Commercial Services, Margin & Profitability and is accountable for the design and execution of strategic programs that will enable CRM to meet short & long-term objectives.
  • Responsible for delivering annual margin savings per CRM's Organic Execution Model.
  • Presenting key initiative updates to up to CRM Executive Leadership Team.


REQUIRED QUALIFICATIONS:
  • 10+ years of working in the industry in which an Abbott business competes
  • Proven history of critical thinking and problem solving, providing insights and delivering tangible results
  • Strong analytical skills and ability to effectively communicate complex topics to a broad financial and non-financial audience
  • Experience leading large and complex projects with global team members of various levels of management, including Executive-level
  • History of connecting various and disperse data to anticipate opportunities/issues and generate insights
  • Proven track record of anticipative thinking and advising stakeholder(s) of evolving opportunities/issues
  • Advance financial modelling
  • Knowledge of regulations and standards affecting healthcare industries
  • Bachelor's degree required - Engineering, Science, Business or Finance.


PREFERRED QUALIFICATIONS:
  • Master's degree preferred - Business, Finance, Program/Project Management or Supply Chain.
  • Six Sigma Blackbelt certification preferred.


APPLY NOW:

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: https://abbottbenefits.com/

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life.

The base pay for this position is
$149,300.00 - $298,700.00
In specific locations, the pay range may vary from the range posted.

JOB FAMILY:
Project Management

DIVISION:
CRM Cardiac Rhythm Management

LOCATION:
United States > Austin : 8701 Bee Caves Rd

ADDITIONAL LOCATIONS:

WORK SHIFT:
Standard

TRAVEL:
Yes, 10 % of the Time

MEDICAL SURVEILLANCE:
Not Applicable

SIGNIFICANT WORK ACTIVITIES:
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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