Assistant Controller

Posted:
9/5/2024, 9:43:43 AM

Location(s):
Plymouth, Minnesota, United States ⋅ Minnesota, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Finance & Banking

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.

     

JOB DESCRIPTION:

Assistant Controller

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.
  • 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 supports our Structural Heart Medical Device division out of our Plymouth, MN location. 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 Assistant Controller, as a member of the SH (Structural Heart) Management team, provides leadership in the design, consolidation maintenance and evaluation of all financial activities for the SH Operations in accordance with established division and corporate policies.  Provides guidance in setting strategic direction and devising business plans to achieve the long-term goals of the SH Operations.

What You'll Work On

  • Own and oversee financial consolidation (Forecast/Actuals) from various global SH manufacturing sites and divisional cost centers and timely/accurate communication to SH Operations and Finance leadership.
  • Prepare executive level presentation of financial view for LBEs and reporting cycles.
  • Oversees the development and management of financial budgets, including Monthly close, forecast (LBE and Plan), for Divisional Operation, Quality, and Supply Chain cost centers.
  • Oversees capital spend/allocation (Forecast/Actuals) across SH organizations.
  • Interacts with the Global and Regional Manufacturing Controllers, Directors, and Divisional VP of Operations through presentations of financial plans/analyses/strategies.
  • In conjunction with site controllers and SH Ops leadership, sets the appropriate financial guidelines and deliverable timelines to ensure timely submission of financial results and forecasts. Facilitates proper reporting, analysis and monitoring of actual results across manufacturing organizations.
  • Works in conjunction with manufacturing sites and Operations leadership to develop and implement financial and operational metrics to measure and track productivity and operation excellence.
  • Facilitates development and deployment of process improvements including automation to enable improved planning and reporting across Global Manufacturing/Quality organizations.
  • Manage and develop a team of analysts/supervisor

Required Qualifications

  • 8+ years of experience in Financial Planning and Analysis preferably in manufacturing finance and consolidation
  • Bachelors’ Degree:  Accounting/Finance.
  • The incumbent must have a good working knowledge of Cost Accounting concepts and generally accepted accounting principles.
  • Demonstrated leadership, business partnering, and people management experience.                                
  • Excellent communication (both oral and written) & interpersonal skills.  
  • Must be results oriented, self-starter/motivated, a strong managerial background with good business sense.
  • Solid technical skills – Excel, PowerPoint, Finance systems (Essbase, ERP, SAP)

Preferred Qualifications

  • Masters’ Degree: MBA (Finance)/CPA
  • A background in all areas of manufacturing accounting, specifically in cost, planning and analysis and manufacturing systems is preferred

Apply Now

* 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 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.

     

JOB FAMILY:

Financial Planning and Analysis

     

DIVISION:

SH Structural Heart

        

LOCATION:

United States > Minnesota > Plymouth : 5050 Nathan Lane N

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:

Standard

     

TRAVEL:

Yes, 10 % of the Time

     

MEDICAL SURVEILLANCE:

No

     

SIGNIFICANT WORK ACTIVITIES:

Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

     

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

Abbott

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