Manager Financial Planning and Analysis

Posted 12 Days Ago
Be an Early Applicant
Plano, TX
In-Office
111K-223K Annually
Senior level
Healthtech
The Role
The Manager of Financial Planning and Analysis leads cost accounting activities, analyzes manufacturing costs, collaborates with cross-functional teams, and oversees budgeting and forecasting processes.
Summary Generated by Built In
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.

     

JOB DESCRIPTION:

Job Title

Manager Financial Planning and Analysis

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your 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.

  • Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.

  • An excellent retirement savings plan with a 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 worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

This position works out of our Plano, TX location in the Neuromodulation Division. Our Neuromodulation business includes implantable devices compatible with mobile technology to help people who suffer from chronic pain and movement disorders. These non-opioid therapies allow us to provide interventional pain therapy to patients throughout the pain continuum.
The Manager Financial Planning and Analysis is the business partner to the Neuromodulation leaders of manufacturing, operations and quality. At Abbott Neuromodulation, we are passionate about our patients and business and need finance team members who share that passion. The business unit is dynamic, so employees must be willing and able to work with some ambiguity as priorities, processes, and expectations change.  This position requires a self-starter who is willing and able to work autonomously as needed. The employee is expected to establish and cultivate an extensive network of support to facilitate completion of assignments. Cross-functional dialogue across multiple sites and other Med Device business units is essential.

What You'll Work On

  • Lead the cost accounting team and manage all cost accounting activities, including standard cost development, variance analysis, and inventory valuation.

  • Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.

  • Partner with operations, supply chain, and finance teams to understand cost drivers and identify opportunities for cost reduction and process improvement.

  • Maintain and update cost accounting systems and ensure accurate product costing and margin analysis.

  • Oversee month-end and year-end close processes related to inventory and cost accounting.

  • Support budgeting and forecasting processes with cost-related data and insights.

  • Ensure compliance with internal controls, accounting policies, and external audit requirements.

  • Provide leadership, coaching, and development to cost accounting staff.

Required Qualifications

  • Bachelor’s degree required; CPA and/or advanced degree preferred.

  • Five+ years of full-time FP&A and/or accounting experience, preferably in the health care space.

  • Knowledge of the principles, processes and standards for integrated financial analysis and reporting.

  • Ability to lead and influence cross-functional teams.

Apply Now

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.

     

The base pay for this position is

$111,300.00 – $222,700.00

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

     

JOB FAMILY:Financial Planning and Analysis

     

DIVISION:NM Neuromodulation

        

LOCATION:United States > Texas > Plano : 6901 Preston Road

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:Standard

     

TRAVEL:Not specified

     

MEDICAL SURVEILLANCE:Not Applicable

     

SIGNIFICANT WORK ACTIVITIES:Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)

     

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

     

EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf

     

EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf

Top Skills

Accounting
Excel
Financial Analysis
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The Company
Abbot Park, IL
97,838 Employees

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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