Assistant Controller, Financial Planning and Analysis
At a glance
Junior Accounting role at Abbott. Lake Forest · full-time · $149,300–$298,700 base.
financeroles summary, based on the employer's posting.
What you'll do
- Set deadlines and coordinate quarterly LBE reviews, then consolidate figures and prepare review materials for business unit and corporate audiences
- Guide affiliates through budgets and reporting, and keep monthly actuals, variance explanations, risks and corrective actions on track
- Review affiliate performance reports and follow up on actions agreed in monthly finance meetings
- Compile OEM review materials and deliver monthly financial outlooks and recommendations for S&OP meetings
What you bring
- A bachelor's degree in finance, accounting or another listed field, plus a CPA or equivalent credential
- Ten to fifteen years in financial analysis, planning or reporting at multinational companies
- Three to five years of supervisory or management experience, with fluent written and spoken English
Who this fits
This role suits an experienced finance leader comfortable working with affiliates and senior management. It is based in Lake Forest and involves travel about twenty percent of the time. The position includes responsibility for direct reports.
From the employer
JOB DESCRIPTION:
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:
- 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 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 around the world 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 a best place to work for diversity, working mothers, female executives, and scientists
The Opportunity
This position works out of our Lake Forest location in the Infectious Disease division.
As the Assistant Controller, you’ll support affiliates in activities related to accounting policies and procedures, consistent with General Accepted Accounting Practices, Corporate Financial Procedures, and sound business practices. Ensure reporting requirements to Division and Corporate are met in accordance with Corporate and Division calendars.
What You’ll Work On
Full accountability for managing and leading quarterly LBE and confirm process:
- Define timetables and key tasks required to ensure delivery and reporting of LBE review package for Business Unit, Division and Corporate are met within established deadlines.
- Serve as key liaison with Business Unit on all LBE related matters.
- Lead consolidation, data review, review deck preparation and ensure integrity and accuracy of all data is maintained.
- Ensure a robust planning system in Business Unit to meet Division requirements, recommend improvements to process to ensure efficient and timely results.
- Provide financial guidance to the affiliates in the preparation of the budgets, sales, and all relevant reporting requirements.
Lead the consolidation, monthly reporting and analysis of Infectious Disease Business Unit financial actual results including:
- Ensure action taken on follow up items for Monthly finance meetings.
- Monthly Performance Analysis Reports review with affiliates, follow through on actions.
- Monthly Actual explanation of variances.
- Recommend actions to ensure meeting targets or corrective actions.
- Develop and track risks and opportunities.
- Other Ad-hoc as required by Business Unit, Division, Corporate.
Lead the consolidation and analysis of ID Business Unit OEM including:
- Define timetables and key tasks required to ensure delivery and reporting of OEM review package for Business Unit, Division and Corporate are met within established deadlines.
- Lead consolidation, data review, review deck preparation and ensure integrity and accuracy of all data is maintained.
Lead and deliver financials and insights for monthly S&OP process:
- Prepare monthly financial package for Executive S&OP (Division), provide insights and recommendations on outlook.
- Preparation of monthly BU financial deck for S&OP meeting.
Fulfill all administrative responsibilities related to performance reviews, assigned personnel development, growth plan achievement for self and direct reports.
Required Qualifications
- Bachelor’s degree in Finance or Accounting, Economics or Business Administration
- CPA or equivalent
- 10-15 years of experience in Financial Analysis, Planning or Reporting role in Multinational company environments
- Strong Interpersonal skills, ability to interact with multiple management levels of the organization.
- Strong business acumen and understanding of strategic drivers
- 3-5 years of Supervisory or Managerial experience
- Strong analytical and communication skills. Able to interact with Senior levels of organization
- Fluent in English, written and oral
Preferred Qualifications
- MBA or advanced degree
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
$149,300.00 – $298,700.00In specific locations, the pay range may vary from the range posted.
JOB FAMILY:
Financial Planning and Analysis
DIVISION:
ID Infectious Disease
LOCATION:
United States > Lake Forest : J55
ADDITIONAL LOCATIONS:
WORK SHIFT:
Standard
TRAVEL:
Yes, 20 % of the Time
MEDICAL SURVEILLANCE:
Not Applicable
SIGNIFICANT WORK ACTIVITIES:
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