Americas Commercial Controller, Transfusion Medicine

Abbott • Lake Forest, CA

2d • Onsite

About The Position

The Americas Commercial Controller, Transfusion Medicine (TM) manages all aspects of financial planning, analysis and reporting related to TM US and LAC commercial operations, including analysis to support key growth and profitability programs. This role reports to the TM BU Controller and has a responsibility to the DVP & GM, TM US Commercial and Managing Director, TM Latin America/Canada Commercial. The position involves collaborating with TM Business Unit Finance, CFS and other local entity controllership teams on monthly and quarterly accounting and FP&A requirements. It also acts as a key liaison with Commercial Excellence and Marketing teams to ensure connection of key market and financial results/forecasts, playing a key role in the IBP process. The role monitors the calculation of Gross to Net Sales for actuals and different planning scenarios, establishes guidelines and directs the preparation of budgets and forecast updates in accordance with GAAP and BU Requirements. It identifies and analyzes business problems and opportunities, evaluates the financial and operational results of relevant functions, and furnishes management with findings and recommendations for operational decisions impacting profitability and cash flow. The Controller provides Monthly Business Review and other financial dashboards to commercial teams and assists in the development, implementation, and administration of business plans, vendor/distributor agreements, marketing promotions, commission plans and other contractual support. Additionally, the role encourages the professional and management development of the 2 direct finance personnel.

Requirements

• Bachelor’s degree in accounting/finance/economics or related
• Minimum 8-10 years of financial experience
• Prior experience in commercial operations and/or FP&A
• Wide ranging financial experience, including planning, controls and strategic planning and execution of those plans
• Experience in a fast-paced work environment with frequent deadlines
• Ability to effectively prioritize and execute tasks
• Ability to balance between the strategic perspective and proper attention to detail when a hands on approach is required
• Previous experience working with large amounts of data/complex processes
• Proficiency in Excel and PowerPoint
• Experience developing financial models that consider multiple variable input factors and analyzing various financial scenarios
• Strong verbal and written communication skills
• Ability to interact professionally with a diverse group of internal clients
• Flexible and well-organized, self-starter
• Strong attention to detail
• Ability to work independently as well as part of a team

Nice To Haves

• CPA and/or MBA preferred
• Solid accounting knowledge
• Strong technical systems skills such as Excel, SAP, Hyperion, TM1, PowerBI preferred
• Previous experience managing a team a plus

Responsibilities

• Manages all aspects of financial planning, analysis and reporting related to TM US and LAC commercial operations.
• Conducts analysis to support key growth and profitability programs.
• Performs financial planning activities including long-range plans, annual plans, regular LBEs, capital planning, and headcount planning.
• Handles reporting activities including monthly close, variance analysis, and internal management reporting.
• Reports monthly results versus benchmarks including prior year, Plan and LBEs.
• Coordinates financial matters with the TM BU Controller and other members of the division and BU finance teams.
• Provides primary financial support to the DVP & GM, TM US Commercial and Managing Director, TM Latin America/Canada Commercial.
• Ensures compliance with applicable Corporate and Divisional Policies and procedures.
• Manages performance of the business and evaluates direct reports.
• Leads all relevant planning and LBE processes.
• Establishes and maintains internal controls over pricing, profitability, and spend.
• Ensures compliance with all corporate policies.
• Provides effective financial input into key strategic initiatives.
• Collaborates with TM Business Unit Finance, CFS and other local entity controllership teams on monthly and quarterly accounting and FP&A requirements.
• Acts as a key liaison with Commercial Excellence and Marketing teams.
• Monitors the calculation of Gross to Net Sales for actuals and different planning scenarios.
• Establishes guidelines and directs the preparation of budgets and forecast updates.
• Identifies and analyzes business problems and opportunities and evaluates financial and operational results.
• Furnishes management with findings and recommendations for operational decisions.
• Provides Monthly Business Review and other financial dashboards to commercial teams.
• Assists in the development, implementation, and administration of business plans, vendor/distributor agreements, marketing promotions, commission plans and other contractual support.
• Encourages the professional and management development of the 2 direct finance personnel.

Benefits

• 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
• FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior