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:
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 Lake Forest, IL facility.
We’re empowering smarter medical and economic decision-making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people.
Our diagnostic solutions are used in hospitals, laboratories, and clinics around the globe. The crucial information derived from our tests, instruments, and informatics systems is often the first step in patient care decision-making for hundreds of health conditions from heart attacks to blood disorders to infectious diseases and cancers.
What You’ll Work On
The Finance Supervisor, Gross Margin Improvement will be responsible for leading the efforts to further advance analytical capabilities outside of the traditional FP&A process in our Core Diagnostics Division. This position presents an opportunity for development with exposure to senior leaders and all functional areas in Core Dx (Commercial, Operations, Transfusion, R&D, Service). It also provides an opportunity for a driven individual to create custom tools, analytics, and process improvements to drive effective data-based decision making.
Responsibilities Include:
• Analyze and distill complex data to generate and present actionable insights to senior leadership, enabling effective decision-making to achieve both short-term and long-term financial objectives
• Work cross-functionally with key stakeholders to craft detailed financial models, map out processes, identify data sources, and provide insightful analysis for both identified and potential savings opportunities
• Manage the GMI monthly reporting process, ensuring data integrity and completeness within the GMI actuals tracking tool
• Collaborate across the organization to update and submit the monthly margin tracker and roadmap contingencies
• Oversee GMI forecast for quarterly LBE’s, including in-direct spend
• Support the long-range planning process (OEM) by quantifying gross margin headwinds, strategic initiatives, and future margin expansion
Required Qualifications
• Bachelor’s degree in Finance/Accounting or equivalent experience
• 3+ years of applicable experience in diversified finance/accounting roles
• Strong financial modeling skills
• Strong analytical and problem-solving skills, a good sense of urgency, and a continuous improvement mindset
• Ability to think conceptually and strategically, while maintaining a results-driven approach
• Ability to effectively communicate cross-functionally and influence others with a strong desire to learn the business
Preferred Qualifications
• Strong Excel and PowerPoint skills
• TM1 experience a plus
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
$85,300.00 – $170,700.00
In specific locations, the pay range may vary from the range posted.
JOB FAMILY:Financial Planning and Analysis
DIVISION:CRLB Core Lab
LOCATION:United States > Lake Forest : CP01
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.
