Cost Supervisor [Queretaro Site]

Posted Yesterday
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3 Locations
Senior level
Healthtech
The Role
The Cost Supervisor at Abbott's Queretaro Site is responsible for budgeting, product costing, manufacturing variance analysis, and ensuring cost estimates and inventory accuracy. They provide financial support to operations and contribute to the month-end closing activities. The role requires +5 years of experience in Controlling or Cost Accounting and proficiency in English.
Summary Generated by Built In

JOB DESCRIPTION:

Cost Supervisor [Queretaro Site]

About Abbott

Abbott, global leading healthcare company, is investing in Mexico. We are building a manufacturing facility in Querétaro.

In Abbott’s Electrophysiology (EP) business, we’re advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives.

This facility will offer 1,200 local new jobs and will be the first health manufacturing facility in Querétaro (pioneers for healthcare Hub).

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 will have access to:

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

The position functions as a business partner with operations on various financial matters such as budgeting, forecasting, product costing, manufacturing variances analysis & reporting, responsible to ensure cost estimates and inventory accurancy in the month-end closing activities, analyze balances, reconciliations, variances, recommend corrective actions and prepares presentations as requested. 

 What You’ll Do

  • Budget / Forecasting - Active participation in the Cost estimation, inventories, and labor rates of the annual manufacturing budget plan; as well responsible for last estimates cost for each FC Quarter. 
  • Product Costing - Support the development of standard product costing, after proper verification of routings, bills of materials and components costs, including review for reasonableness. Prepare cost estimates as required.
  • Closing / Reporting - Participates in the closing month end process, analyze financial results, verify reasonableness and provide management with manufacturing performance reports on a daily, weekly or monthly basis, including manufacturing variance analyses and appropriate explanations of yields, scrap, rework and other factors. Analysis of inventory balances and other account reconciliations as assigned. 
  • Operational business support - Review and analyze Production Order Variances (POV) analyzing and reporting results, support operational managers in the monetary spending overhead analysis and budget control.
  • Participate in New Product Transfers as required supporting budgeting/forecast process, analysis as required
  • Supports Annual Physical Inventory
  • Ensure accuracy in Budget (LBE) and forecast (Mid-month)

Required Qualifications

  • Education: Bachelor's degree
  • Years of experience, both overall and any industry-specific experience needed: +5 years professional experience in Controlling or Cost Accounting.
  • English language is required, skilled in time management and the ability to prioritize tasks. 

Preferred Qualifications

  • Other qualifications/certifications:  Strong knowledge of product costing, planning and reporting, general accounting is a plus, SAP, strong excel,

Apply Now

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

N/A

In specific locations, the pay range may vary from the range posted.

JOB FAMILY:Financial Planning and Analysis

DIVISION:EP Electrophysiology

LOCATION:Mexico > Queretaro : Fray Junipero Serra 21260

ADDITIONAL LOCATIONS:

WORK SHIFT:Standard

TRAVEL:Not specified

MEDICAL SURVEILLANCE:Not Applicable

SIGNIFICANT WORK ACTIVITIES:Not Applicable

Top Skills

Excel
SAP
The Company
Abbot Park, IL
97,838 Employees
On-site Workplace

What We Do

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 109,000 colleagues serve people in more than 160 countries.

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