Senior Finance Manager: Field Finance

Abbott Laboratories hiring for Senior Finance Manager: Field Finance jobs in St. Paul, MN, 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 114,000 colleagues serve people in more than 160 countries.

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:

• Career development with an international company where you can grow the career you dream of.

• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO

• An excellent retirement savings plan with high employer contribution

• 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 Opportunity

This position works out of our St. Paul location in the Structural Heart division.  Our business purpose is to restore health and improve quality of life through the design and provision of device and management solutions for the treatment of structural heart disease. We are seeking a dynamic and experienced Senior Finance Manager to lead our finance team supporting the sales operations across five different franchises. This role plays a crucial part in managing the P&L and ensuring financial compliance across the organization.

What You’ll Work On

• 1. Team Leadership: Lead and mentor a finance team of four members, providing guidance, training, and support to ensure effective performance and professional growth.

  2. P&L Management: Oversee and manage the P&L for the sales operations across four franchises, ensuring accurate financial reporting, analysis, and forecasting.

  3. Financial Compliance: Ensure adherence to financial regulations, policies, and procedures, maintaining high standards of financial integrity and compliance.

  4. Strategic Planning: Collaborate with senior leadership to develop and implement financial strategies aligned with business objectives, driving profitability and growth across the franchises.

  5. Budgeting & Forecasting: Develop, monitor, and manage budgets, forecasts, and financial models to support strategic decision-making and operational efficiency.

  6. Stakeholder Engagement: Build and maintain strong relationships with internal stakeholders, including sales teams, franchise managers, and executive leadership, providing financial insights and recommendations.

  7. Process Improvement: Identify and implement process improvements and best practices to streamline financial operations, enhance accuracy, and optimize resources.

Required Qualifications

• Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA preferred.

• Minimum of 8 years of progressive experience in finance, with at least 3 years in a leadership role.

• Strong knowledge of P&L management, financial analysis, and reporting.

• Experience in the Medical Device Industry is a plus.

• Excellent leadership, communication, and interpersonal skills.

• Proficiency in financial software and MS Office Suite, especially Excel.

* 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 $109,300.00 – $218,700.00. In specific locations, the pay range may vary from the range posted.