Finance Supervisor – Latin America & Canada

Abbott • Lake Forest, CA

7d • Onsite

About The Position

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 115,000 colleagues serve people in more than 160 countries. Diagnostic testing is a compass, providing information that helps in the prevention, diagnosis and treatment of a range of health conditions. Abbott’s life-changing tests and diagnostic tools give you accurate, timely information to better manage your health. We’re empowering smarter medical and economic decision making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people. The Opportunity Our location in Lake County, IL, currently has an opportunity for a Finance Supervisor – Latin America & Canada. This team member is responsible for assisting with all Core Lab Latin America & Canada (LAC) FP&A Planning and Monthly Actuals Reporting processes for Area Headquarter budgets as well as the Balance sheet consolidation. This role will provide direct financial support for the Marketing and Business Unit teams, as well as assigned country direct liaison. This role is integral to the preparation and review of Plan, LBE and Commercial Management Review, as well as monthly close process and will be called upon to adapt to changes in the business environment and/or commercial strategy, implementing solutions to meet the needs of the management team. Additionally, the Supervisor will interact with the Country General Managers and Controllers, and the rest of the Area Finance Teams and will need to focus on understanding the product offerings, local business dynamics, as well as establishing efficient processes and tools to effectively analyze and support new business opportunities.

Requirements

• Bachelor’s Degree in Accounting, Finance or Economics or an equivalent combination of education and work experience
• 4 years’ Finance experience (FP&A, Cost/General Accounting or Financial Reporting).
• Ability to plan, implement, and administer financial information and control systems.
• Knowledge of the principles, processes and standards for integrated financial analysis and reporting.

Nice To Haves

• Bachelor’s degree in Finance or Accounting
• Master’s degree/CPA
• International Divisional, Area or Affiliate experience
• Excellent oral and written communication skills, innovative thinking and problem-solving ability
• Analytical and organizational skills
• Power-Excel user and previous experience with TM1 and/or Essbase
• Demonstrated initiative, problem-solving skills, analytical skills and critical-thinking skills.
• Ability to communicate clearly, concisely and accurately with all levels of the organization
• Ability to apply knowledge of financial processes, accounting methodologies and Division specific operations to lead complex planning processes and to support related systems and functions
• Ability to facilitate interpretation and understanding of data, identify risks, develop recommendations and implement solutions
• Fluency in Spanish is a plus

Responsibilities

• Facilitate data collection and analysis from the regions/countries ensuring reasonableness of the information on an absolute and performance basis with the continuous goal of understanding the different business drivers of the various regions / countries.
• Track forecast accuracy KPI’s for LAC and work with country finance teams to identify and implement solutions to improve forecast accuracy.
• Participate as the Area Finance lead with key stakeholders related to Marketing, Distributor DOH, and the DHS and Service Business units Area budgets across the LAC countries to accurately report and forecast these focus area budgets.
• Provide financial expertise and business decision support in evaluating and identifying the key issues and gaps in business performance and emerging business needs, deliver analyses that provide a foundation for management understanding and action.
• Develop metrics and reports for monthly review with management to understand and address performance as well as cost and spending drivers.
• Maintain and develop system solutions and process improvements that meet the needs of the financial planning & reporting requirements.
• Coordinate the LBE balance sheet collection (from all countries) and area consolidation, perform analytics, collaborates with Area Finance Director, Area Controller and Country Finance Teams to identify forecast improvements and is responsible for loading all country balance sheets to TM1.
• Facilitate the monthly area close process, resolution of close issues and publish monthly financial reports.
• Collaborate with the country teams to consolidate and provide updates on capital planning, service equipment and unit forecast and reporting.
• Ensure appropriate integrity and reasonableness of financial data as well as compliance with Corporate & Division financial policies and procedures.
• Responsible for adherence to Abbott accounting policies and procedures (CFMs) and Sarbanes Oxley requirements.
• Meet timing and quality standards to facilitate effective senior management review and decision-making.
• Additionally, this role is regularly involved in special projects with the Area Controller and Finance Director, business unit Controllers, and other members of commercial management and is expected to proactively look for ways to improve the planning and reporting processes.

Benefits

• Training and career development , with onboarding programs for new employees and tuition assistance
• Financial security through competitive compensation, incentives, and retirement plans
• Health care and well-being programs including medical, dental, vision, wellness, and occupational health programs
• Paid time off
• 401(k) retirement savings with a generous company match

What This Job Offers

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