PRIMARY JOB FUNCTION:
Key finance role supporting the Abbott Nutrition Purchasing and Global Supply Organization. Responsible for Financial Planning, Reporting and Analysis for Abbott Nutrition’s commodity Purchase Price Variance (PPV). Consolidates and publishes financial information related to historical, current and future performance. Financial leader on direct material standards and cost change analysis. Works closely with purchasing to understand commodity price movements and impact on AN financial performance. Performs financial analysis utilizing appropriate financial concepts and techniques. Recommends alternative courses of action based upon information and analysis. Forecasts and reports actuals for Global Supply Admin budgets.
KEY JOB RESPONSIBILITIES:
Lead financial planningprocesses to deliver comprehensive Plans and LBE’s for Purchase Price Variance and other P&L lines. Consolidate monthly PPV flash to provide financial summary to management. Work with Purchasing to proactively identify trends in commodity pricing that could impact PPV or standard costs. Analyze variances and provide comments on current and future pricing implications. Support ANSC Margin and Profitability (M&P) projects. Track savings on M&P projects for Purchasing. Serve as DPO cash flow leader for Abbott Nutrition. Develop strong working relationships with Finance and Purchasing. Develop and utilize strong financialprocesses. Manages one Finance Supervisor direct report.
Strong analytical and communication skills. Strategic and innovative thinker that will challenge status quo and become a strong business partner with the Purchasing organization. The person will work very closely with all levels of management in purchasing and finance. Works well under pressure to meet deadlines. Proficient in Microsoft Office Applications. Hyperion Essbase experience a plus but not required. 10+ years of progressive financialexperience.
Bachelors Degree in Accounting or Finance.
MBA and/or CPApreferred, but not necessary, based on experience.