Finance Manager

Abbott
70d$88,700 - $177,300

About The Position

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. This position will provide support to our Medical Devices, Vascular manufacturing facility in Barceloneta, Puerto Rico. As the Financial Manager, you will supervise, coordinate and be accountable for all activities related to general accounting, treasury, capital projects, cost accounting (standards development and variances analysis), results reporting and schedules, financial planning, and projections or what-if scenarios. The role is responsible for the synchronization and end-results deliverables related to accounts payable and payroll for the site. The Financial Manager is also responsible for overseeing adherence to corporate policies and procedures in the finance area and interpreting corporate policies and tax matters related to the site.

Requirements

  • Bachelor's degree in accounting or finance.
  • Minimum of 8 years of combined experience in cost accounting, financial analysis and supervisory roles, including at least 4 years in a leadership capacity.
  • Excellent communication skills in English and Spanish, with proficiency in regulatory terminology.
  • Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, and data analysis tools.

Nice To Haves

  • Master's degree is highly valued.
  • CPA (Certified Public Accountant) is preferred.
  • SAP (Systems, Applications and Products in Data Processing) knowledge is preferred.

Responsibilities

  • Execute all functions and activities associated with the managerial cost accounting section, such as budget preparation, standard cost generation, manufacturing product costing, manufacturing variance analysis, inventory reconciliations, forecasting and projections.
  • Ensure proper tracking of Puerto Rico budgets for Abbott Vascular PR.
  • Ensure controls are in line with corporate policies to protect company assets and avoid fraud.
  • Supervise the general accounting and cost accounting groups, maintaining a properly trained staff.
  • Assist the Manufacturing IT area ensuring systems are running smoothly and responsible for the introduction and upgrades to manufacturing systems.
  • Prepare, develop and present operating financial plans/updates to the Controller and Division.
  • Coordinate, gather and record necessary financial data to assure timely issuance of monthly financial statements.
  • Evaluate requests for capital expenditures and monitor approvals, cash commitments and capitalization of assets.
  • Participate in the identification, financial evaluation and implementation of products cost reduction programs.
  • Ensure compliance with the Corporate Financial Manual and corresponding signature authority.
  • Assist local management team in financial analysis, cost projections and explanation of variances.
  • Ensure data security systems and procedures are followed for accurate reporting.

Benefits

  • Health Insurance (starting on Day 1 of employment)
  • Savings Plan (401K) with company match
  • Life insurance for you and your spouse/children
  • Short Term Disability
  • Long Term Disability
  • Education Assistance
  • Employee Assistance Program
  • Vacation, Sick, Personal Days

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Education Level

Bachelor's degree

Number of Employees

5,001-10,000 employees

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