Finance Supervisor - Abbott Nutrition International - Abbott Park, IL

Abbott Laboratories hiring for Finance Supervisor - Abbott Nutrition International - Abbott Park, IL jobs in Abbott Park, IL, US

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.

Finance Supervisor – Abbott Nutrition International (ANI)

About Abbott

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.

Our nutrition business develops science-based nutrition products for people of all ages, from helping babies and children grow, to keeping adult bodies strong and active. Millions of people around the world count on our leading brands – including Similac®, PediaSure®, Pedialyte®, Ensure®, Glucerna® and ZonePerfect® – to help get the nutrients they need to live their healthiest life.

Working at Abbott

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. You’ll also have access to:

• 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, Medical Benefits start day 1
• Vacation – 3 weeks accrued vacation (1st yr. is prorated) + vacation buy program + 3 personal days + 10 paid holidays
• Company Paid Pension Plan
• 401(k) retirement savings with a generous company match of 5%
• Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
• A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.
• The stability of a company with a record of strong financial performance and history of being actively involved in local communities.

The Opportunity

Our location in Lake County, IL, currently has an opportunity for a Finance Supervisor – Abbott Nutrition International (ANI). This team member is responsible for providing financial planning and analysis services to ANI HQ Commercial & Finance management, supporting our Areas/Affiliates on all FP&A and Monthly Actuals Reporting processes.

This role is integral to the preparation and review of Plan, quarterly LBEs (Latest Best Estimate), and Confirmation, as well as the monthly close process to understand business performance. The role will also support the budgeting process for the ANI HQ Marketing teams. Position will be expected to identify risks/opportunities and propose recommendations/solutions to issues, while completing a wide range of financial services and deliverables and assess reasonableness/relevance of financial assumptions with limited supervision.

WHAT YOU’LL DO  

• Consolidation and financial review of Area/Key Affiliate quarterly rolling LBE/confirmation and monthly close submissions, to provide timely identification and communication on any anomalies, omissions or unexpected trends to ANI Sr Leadership team.
• Provide analytical/consolidation support for both the P&L and balance sheet, including providing succinct and relevant commentary on a timely basis to multiple levels of Area & Division management.

• Provide budgeting/analytical support to the ANI Marketing teams. Perform monthly/quarterly variance analysis and produce key insights on departmental spending.
• Active engagement with Areas to learn how they operate and understand their key issues.
• Provide timely and consistent support to ANI commercial Areas on day-to-day issues to provide resolution for items including HOST, CCI/HFM technical problems, planning questions, etc.

• Prepare backup schedules to assist finance and commercial management in decision-making process, including brand profitability, price/volume/mix analytics.
• Understand exchange rate movements and associated P&L impacts.
• Work with AN Supply Chain to understand sourcing changes and annual manufacturing cost change processes.
• Engage with corporate transfer pricing and TCGM teams to align annual transfer prices and TCGM factors for affiliates.

• Develop and implement solutions for business process improvements, which meet the needs of the financial planning and reporting requirements and supports the division’s growth.
• Complete other ad-hoc analysis as required.

EDUCATION AND EXPERIENCE, YOU’LL BRING  

Required  

• Bachelor’s degree required, preferably in finance or accounting.
• 5–7 years of relevant, progressive finance experience with strong analytical, time management and people skills. Previous experience supporting a commercial team is a plus.

Preferred  

• Demonstrates effective communication skills with all levels of management, and the ability to interpret and facilitate understanding of data to key stakeholders, both inside and outside of finance
• Must be proficient in Excel. Proficiency in HFM/CCI and Host Analytics is a plus.
• Ability to problem solve, operate independently as well as within a team, and work under challenging time constraints.
• Ability to develop recommendations and implement efficient tools and processes to support the growth of the business.

MISC:

• This is an onsite role - not a remote role
• Relocation is provided

Apply Now

• * Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.
• Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:  www.abbottbenefits.com
• Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
• Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.

The base pay for this position is $83,000.00 – $166,000.00. In specific locations, the pay range may vary from the range posted.