Site Controller

Abbott • St. Paul, MN

3d • $129,300 - $258,700 • Onsite

About The Position

The Site Controller provides dedicated financial leadership and controllership support for Abbott’s Woodridge, Minnesota site, while supervising the Plymouth, Minnesota, and Caguas, Puerto Rico, sites. The position supports the Structural Heart division and its work designing and providing devices and management solutions for structural heart disease.

The role is responsible for financial planning, reporting, strategic analysis, and consolidation of site financials, as well as establishing and complying with financial controls across Operations, Quality and Engineering, Supply Chain, and Plant Controllership. As a site leadership role, it advises local and divisional management and supports achievement of annual and long-term objectives through reliable, timely, and accurate financial information.

The Site Controller leads financial support for the site’s functional areas, manages forecasts and financial reporting, directs the Operations Finance Structural Heart department, and oversees cost accounting, period close, internal controls, and audit compliance. The role also develops employees and drives continuous improvement and year-over-year gross margin improvement.

Requirements

• Bachelor’s degree in Business Administration with an Accounting or Finance major.
• At least 10 years of overall FP&A experience, including demonstrated finance leadership managing a large manufacturing site or group of sites.
• Proficiency with MS Excel, MS Word, MS PowerPoint, and SAP.
• Full knowledge of the integrated accounting cycle and information systems.
• Previous manufacturing finance experience, including absorption costing.
• Demonstrated experience leading and developing a team.
• Ability to establish internal-control systems that comply with local and U.S. Sarbanes–Oxley regulations.

Nice To Haves

• CPA certification.
• CMA certification.
• MBA with an Accounting or Finance major.

Responsibilities

• Provide business support, financial counsel, and direction to site leadership and functional-area staff, including support for goals, strategies, priorities, and tactics.
• Set expectations for the finance organization’s role in supporting business strategies and align with other functional organizations.
• Manage development, consolidation, analysis, and explanation or publication of Latest Best Estimates (forecasts).
• Manage actual financial accounting and reporting for functional-area support, ensuring accurate financial information and operational metrics and comparing results with appropriate benchmarks.
• Prepare ad hoc analyses to address business issues and strategic opportunities.
• Own short- and long-term forecasts, including standard cost projections and site-wide profit-and-loss and balance-sheet forecasts.
• Drive continuous improvement resulting in short- and long-term year-over-year gross margin improvement.
• Direct the Operations Finance Structural Heart department and supervise its employees, including setting goals, conducting performance evaluations, and providing training and coaching in accordance with Human Resources policies and regulations.
• Advise the Structural Heart Plant Director and other staff managers on financial and non-financial activities that affect or improve facility operating performance.
• Develop talent within the department.
• Direct managerial cost accounting activities, including budget and strategic-plan preparation, manufacturing product costing, manufacturing variance analysis, inventory reconciliations, forecasting, and projections.
• Lead annual standard-cost development and ensure cost targets are met.
• Coordinate timely and accurate preparation of monthly financial statements, quarterly schedules, and year-end financial information packages.
• Ensure adherence to corporate and division deadlines for month-end close and other financial information requirements.
• Lead preparation of monthly performance reports covering overhead, absorption, and manufacturing variances.
• Ensure operations maintain effective internal accounting controls, including segregation of duties, proper company-fund disbursements, and safeguarding of company assets.
• Develop, implement, review, and monitor compliance with relevant company finance policies, guidelines, and procedures.
• Maintain accurate payroll, accounts payable, general ledger, financial statement, cost accounting, and other finance records in accordance with record-retention policies and schedules.
• Adhere to corporate financial policies and manage site SOX and other internal and external audit requirements.

Benefits

• Employees may qualify for free medical coverage in the Health Investment Plan (HIP) PPO medical plan in the next calendar year.
• Retirement savings plan with a high employer contribution.
• Tuition reimbursement.
• Freedom 2 Save student debt program.
• FreeU education benefit, offering an affordable and convenient path to a bachelor’s degree.
• Career development opportunities with an international company.

What This Job Offers

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