Senior Finance Manager, Informatics

Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:

• Career development with an international company where you can grow the career you dream of.

• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.

• An excellent retirement savings plan with a high employer contribution.

• Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.

• A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.

• A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity
This position works out of our Lake Forest, IL location in Abbott Rapid Diagnostics Cardiometabolic and Informatics Business. Our rapid diagnostics solutions are helping address some of the world’s greatest healthcare challenges.

The Senior Finance Manager, Point of Care (POC) Informatics, manages all aspects of financial planning and analysis and reporting related to the POC Informatics business within the Rapid Diagnostics line of business, 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. Provides primary financial support to the General Manager, POC Informatics.

What You’ll Work On

• Responsible for compliance with applicable Corporate and Divisional Policies and procedures.

• Ongoing tasks of this position include performance management of the business and evaluation of direct reports, leadership of all relevant planning & LBE processes, establishment and maintenance of internal controls over pricing, profitability & spend, compliance with all corporate policies, and effective financial input into key strategic initiatives.

• Reporting to the CMI BU Controller with a responsibility to the General Manager POC Informatics.

• Collaborate with CMI Business Unit Finance, GBS and other local entity controllership teams on monthly and quarterly accounting and FP&A requirements.

• Collaborate cross divisionally to support growth in connectivity through process simplification.

• Establishes guidelines and directs the preparation of budgets and forecast updates in accordance with GAAP and BU Requirements, benchmarking SaaS business models to maximize productivity of resources and investments.

• Identifies and analyzes business problems and opportunities and evaluates the financial and operational results of the relevant functions.

• Furnishes management with findings and recommendations needed to make significant operational decisions which impact profitability and cash flow.

• Provide periodic (weekly/monthly/quarterly as needed) reporting of financial results/metrics and other financial dashboards to Informatics functional teams.

• Assist in the development, implementation, and administration of business plans, vendor/distributor agreements, marketing promotions, commission plans and other contractual support.

• Encourages the professional and management development of accounting/finance staff. Supervise 3 direct reports.

Required Qualifications

• Bachelor's Degree in accounting/finance/economics or related; CPA and/or MBA preferred

• Minimum 8-10 years of financial experience with prior experience in commercial operations/FP&A

Preferred Qualifications

• Prior experience in the IT/SaaS industry preferred.

• Wide ranging financial experience, including planning, controls and strategic planning and execution of those plans.

• Experience in a fast-paced work environment with frequent deadlines; ability to effectively prioritize and execute tasks.

• Ability to balance between the strategic perspective and proper attention to detail when a hands on approach is required.

• Previous experience working with large amounts of data/complex processes and proficiency in Excel and PowerPoint.

• Solid accounting knowledge and strong technical systems skills such as Excel, SAP, Hyperion, PowerBI preferred.

• Experience developing financial models that consider multiple variable input factors and analyzing various financial scenarios.

• Strong verbal and written communication skills and ability to interact professionally with a diverse group of internal clients.

• Flexible and well-organized, self-starter, with a strong attention to detail and ability to work independently as well as part of a team.

• Previous experience managing a team a plus.

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. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at abbott.com, on LinkedIn at https://www.linkedin.com/company/abbott-/, and on Facebook at https://www.facebook.com/AbbottCareers.

The base pay for this position is $127,300.00 – $254,700.00. In specific locations, the pay range may vary from the range posted.