JOB DESCRIPTION:
R&D Finance Manager
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 Plymouth location in the Electrophysiology Medical Device division. 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 role serves as a critical finance business advisor and partner for EP R&D leadership. Provides sound business counsel and enables the strategic vision of the business unit by advocating spending as an investment, not an expense. Effectively balances business unit investment needs/ROI with division/corporate investment needs/ROI. Interprets root causes to issues and actively seeks solutions to problems through sound financial analysis. Brings the numbers to life through forecast accuracy and presentation of financial information to non-financial audiences. Focuses on business strategies to achieve goals rather than report outcomes. Continuously ensures organizational alignment on key action items.
What You’ll Work On
- R&D RLBE process - coordinate planning with functional heads, prepare and maintain data collection templates, prepare and maintain entity submission templates, prepare and present RLBE summaries to BU leadership. Update/maintain HFM data models.
- R&D monthly performance process - Update HFM data models, analyze results and prepare summaries for BU leadership.
- NPVs/ROIs for new products in development - work with marketing, operations and PMO to quantify P&L impacts. Understand, quantify and communicate potential cannibalization impacts. Prepare slides for portfolio review meetings and gate reviews with BU leadership.
- R&D Strategic Planning Process - coordinate planning with functional heads, prepare and maintain data collection templates, prepare and maintain entity submission templates, prepare and present OEM summaries to BU leadership. Update/maintain HFM data models.
- Adhoc Requests
Required Qualifications
- Bachelors Degree (± 16 years) in Accounting/Finance or a related field
- Minimum 7 years experience
Preferred Qualifications
- 15+ years of FP&A experience
- 5+ years of management experience
- Master's degree
- CPA
- Experience supporting R&D
- Med device/healthcare industry experience
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 X @AbbottNews.
The base pay for this position is
$97,300.00 – $194,700.00In specific locations, the pay range may vary from the range posted.
JOB FAMILY:Financial Planning and Analysis
DIVISION:EP Electrophysiology
LOCATION:United States > Minnesota > Plymouth : 5050 Nathan Lane N
ADDITIONAL LOCATIONS:
WORK SHIFT:Standard
TRAVEL:No
MEDICAL SURVEILLANCE:No
SIGNIFICANT WORK ACTIVITIES:Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)
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
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.
