Senior Finance Manager – Strategic Initiatives at Abbott Laboratories

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

Senior Finance Manager – Strategic Initiatives

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.
• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
• 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 Plymouth, MN location in the Structural Heart Medical Device division. Our business purpose is to restore health and improve quality of life by designing and providing device and management solutions for treating structural heart disease.

The Senior Finance Manager will own financial analytics tied to strategically important projects for complex manufacturing and supply chain network.  The role is a key driver of value creation who influences decisions leveraging fact based financial analysis.

What You’ll Work On

• Finance owner leading the gross margin improvement process, including identification and execution of large scale / high impact operation initiatives working in close collaboration with manufacturing sites, supply chain, and R&D teams.
• Develops and owns financial assessment of business case/ideas requiring investment across manufacturing network.
• Owns end to end business case process including financial analysis of value creation ideas.
• Finance representative of IBP (Integrated Business Planning) process relevant to Manufacturing/Quality workstreams
• Collaborates with Operation leadership team to assign targets, develop project pipeline, support execution, track progress and mitigate risks.
• Develop and deploy sustaining tools and processes to support the evaluation and identification of opportunities across manufacturing P&L
• Ensures that high impact programs are defined, resourced, and implemented to achieve financial objectives as defined by both the Annual and Long-Range Plans.
• Develop and execute long term strategy and roadmap for Gross Margin profile improvement including cost glides for key products.
• Present program progress, risks, and escalate decisions needed to Business Unit leadership. 
• Ad-hoc projects

Required Qualifications

• 8+ years of experience in Financial Planning and Analysis preferably in manufacturing space; preferred direct experience in value creation/margin improvement across manufacturing network and supply chain
• Bachelors’ Degree:  Accounting/Finance; MBA preferred.
• The incumbent must have a good working knowledge of Cost Accounting concepts and exposure to manufacturing levers of gross margin improvement.
• Strong organization, communication, critical thinking/problem solving skills.
• Requires drive and passion including influencing skills.
• Solid technical skills – Excel, PowerPoint, Finance systems (Essbase, ERP, SAP)

Apply Now

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:  www.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 www.abbott.com, on Facebook at www.facebook.com/Abbott, and on X @AbbottNews.

The base pay for this position is $125,300.00 – $250,700.00. In specific locations, the pay range may vary from the range posted.