Abbott Laboratories - Saint Paul, MN
posted 5 months ago
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. This position works out of our St. Paul, MN location in the Structural Heart division, which is dedicated to restoring health and improving quality of life through the design and provision of device and management solutions for the treatment of structural heart disease. This role is a key value-added position within SH Operations Finance that partners with various levels of leadership to drive financial ownership, cost efficiency, and process improvement. You will be responsible for complex, timely, and accurate financial planning, forecasting, and reporting for the business. Additionally, you will provide standard cost analysis, manufacturing network strategy, and process improvement. In this role, you will consolidate financials from various global manufacturing sites and Divisional cost centers, providing succinct and effective communication to leadership on business performance to identify opportunities and drive improvement. Your scope will include Month-End Close, Quarterly Forecasts, Annual Plan & Standard Costs. You will develop budgets in support of the Annual Plan and Quarterly Forecasts for Divisional cost centers, perform variance analysis, and identify key drivers in support of business decisions. Regular financial reviews with business partners will be conducted to communicate financial performance and business issues, providing valuable insights to influence the business to achieve financial goals. You will execute the Month-End Close process, including journal entries preparation, spending/headcount review, variance analyses, and reporting of monthly results to management. Ad-hoc analyses will support complex decision-making within global manufacturing operations, and you will present recommendations to management. As the financial lead in cross-functional team environments, you will identify areas for improvement and constructively propose new solutions that drive efficiencies. Developing and utilizing sound financial processes will be essential to drive improved business performance, and you will also support ad hoc internal and external audit requests.