JOB DESCRIPTION:This position works from our Conway Park office located in Lake Forest, IL, in the Diagnostics Division.
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.
What You'll Work OnThe Global Commercial Operations FP&A team is responsible for supporting the Abbott Diagnostics commercial organization for financial analysis, reporting, forecasting/budgeting, and additional ad hoc requests.
This position will develop a deep understanding of the commercial team's role in driving profitability for Abbott's global business. The individual will gain expertise in Abbott's product offerings, local business dynamics, and business strategy, all while establishing efficient processes and tools to analyze and grow the business.
Major Accountabilities:Support the Abbott Diagnostics Commercial organization through detailed financial analysis, business support, and ad hoc reporting. Some activities may include:
- Monthly review and analysis of actual Balance Sheet results compared to benchmarks and metrics.
- Managing Abbott Diagnostics commercial cash flow reporting and analysis, which has high visibility to Sr. Management.
- Analyzing the balance sheet health for the Diagnostics division compared to multiple benchmarks and metrics.
- Service Equipment Investment analysis and Sales, Utilization and Unit reconciliation.
- Support the OEM process with building and maintaining complex financial models.
- Prepare monthly reports for senior management.
- Assist in identification and implementation of process improvements.
- Preparation of LBE (latest best estimate) forecasts.
- Exposure to international P&Ls/exchange rates.
- Interaction with different levels of management, both finance and commercial.
- Financial modeling with extensive use of Excel.
- Special Ad Hoc projects.
Required Qualifications- Minimum of 4-6 years of finance/accounting experience. Previous commercial / FP&A experience preferred.
- Bachelor's degree required.
- Strong analytical and problem-solving skills.
- Experience with Balance Sheet or Cash Flow reporting preferred.
- High proficiency in the Microsoft Office suite, proficient use of Microsoft Excel.
- Ability to work independently and with senior management.
- Excellent oral and written communication skills.
** This position will work out of Lake Forest, IL.
**Not a Remote position.
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com
The base pay for this position is $86,700.00 - $173,300.00
In specific locations, the pay range may vary from the range posted.
JOB FAMILY:Financial Planning and Analysis
DIVISION:CRLB Core Lab
LOCATION:United States > Lake Forest : CP01
ADDITIONAL LOCATIONS:WORK SHIFT:Standard
TRAVEL:Yes, 5 % 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)
