ABOUT ABBOTT:

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

Diagnostics

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.

Primary Function/Primary Goals/Objectives:

Support Finance Controller in the financial analysis, financial planning, daily operations and implementation of sound financial policies and procedures that comply with international and local Abbott regulations and practices.

Major Responsibilities:

Budgeting and Forecast

• Lead Sales, P&L and Balance sheet forecast for LBE planning purpose; develop action plans to achieve organizational objectives.
• Establish annual budget and investment plans and updates based on overall financial objectives and market projections.
• Prepare the quarterly LBE package.

Profitability and Margin improvement

• Facilitate and collaborate with other functions including sales, marketing, operations, and supply chain to develop and implement business solutions and margin improvement programs.
• Participate in quote approval process, review, and analyze customer profitability and provide financial solution to commercial team to improve profitability to achieve corporate guideline and objectives.
• Assist in any ad-hoc projects required to support business growth and profitability as well as process improvements.

Monitoring and Reporting

• Works closely with CFS to oversee monthly close activities and provide clear and meaningful financial reporting and commentary against Plan and latest LBE.
• Work with CFS to maintain general ledger and supporting documents that accurately reflect Division's financial transactions.
• Review and take actions to ensure that company's assets, including cash, receivables, inventories, and service equipment, are adequately assessed and managed.
• Keep abreast of changing laws and regulations related to finance and accounting and establish financial controls to ensure that reported data is accurate and conforms to Abbott policy, accounting standards, and all applicable regulations.

Collaboration

• Provide first line finance support to CoreDx Korea commercial team.
• Maintain good working relations with country, Area, Division and Corporate finance organizations.
• Ensure adequate two-way communication with other departments

Educations:

• BA degree in Finance, Accounting, or business administration.
• Fluent English language proficiency to present and defend plans and viewpoints.
• Thorough knowledge of US and Korean GAAP.
• Working knowledge of Microsoft office applications.

Background:

• More than 7 years of experience in finance/accounting functions.
• 4 years of experience in financial planning and analysis.