Posted:
12/1/2024, 4:00:00 PM
Location(s):
Lake Forest, Illinois, United States ⋅ Illinois, United States
Experience Level(s):
Junior ⋅ Mid Level
Field(s):
Finance & Banking
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.
Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to:
The Opportunity
This position works out in our facilities of 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 On
The Core Diagnostics (Dx) DHQ Center of Excellence is a best-in-class FP&A organization that drives standardization and efficiencies across ADD, provides insightful and value-added analytics, and serves as a talent pipeline into the division. The Center of Excellence is responsible for the preparation and analytical review of cost center budgets and other standard financial reports, spanning across the organization for LBE's and confirmations. Analytical review includes understanding of the key causals that drive change versus multiple benchmarks. On-going process initiatives are also required to improve and strengthen financial processes, procedures, and systems supporting these areas of responsibility.
Major Job Responsibilities:
- Manage at least one direct report, ensuring appropriate development of staff
- Direct communication and relationship with Core Diagnostics Division President and Controller
- Preparation and Consolidation of monthly reporting packages for senior management and Corporate
- Preparation and Consolidation of LBE and Plan reporting packages
- Preparation and Consolidation of Board of Director meeting financial packages
- Prepare commentary based on understanding of the business and key drivers of results
- Ensure all deadlines are met with accurate schedules and on time submissions to appropriate organizations
- Interaction with multiple levels of management, both finance and operational
- Partner with the US Commercial team to oversee maintenance of the ADD Chargeback Reserve, including but not limited to: calculating and recording monthly journal entries, reconciling monthly Chargeback files and resolving any discrepancies, ensuring payments are made on a timely basis, and ensuring Chargeback systems are properly maintained
- Financial modeling with extensive use of Excel
- Other activities including assisting other Core Dx Finance groups with forecast system loading, ad hoc reporting, identification and implementation of process improvements and other special projects as needed
Required Qualifications
Preferred Qualification
* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.
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 Twitter @AbbottNews and @AbbottGlobal.
The base pay for this position is
$83,000.00 – $166,000.00In specific locations, the pay range may vary from the range posted.
Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf
EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf
Website: https://abbott.com/
Headquarter Location: Illinois City, Illinois, United States
Employee Count: 1001-5000
Year Founded: 1944
IPO Status: Public
Last Funding Type: Post-IPO Debt
Industries: Biotechnology ⋅ Emergency Medicine ⋅ Genetics ⋅ Health Care ⋅ Health Diagnostics ⋅ Manufacturing ⋅ Medical ⋅ Medical Device ⋅ Nutrition ⋅ Pharmaceutical