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 115,000 colleagues serve people in more than 160 countries.
JOB DESCRIPTION:
About Abbott Diagnostics
Diagnostic testing is a compass, providing information that helps in the prevention, diagnosis and treatment of a range of health conditions.
Abbott’s life-changing tests and diagnostic tools give you accurate, timely information to better manage your health. 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.
Position Summary:
Abbott’s Core Diagnostic Division has a new opening for Manager, Division Financial Planning & OEM, serving as a strategic finance leader responsible for driving the division’s long-range planning process (OEM: Organic Execution Model) and overseeing comprehensive financial planning and analysis activities for Cash Flow.
This role partners closely with executive leadership and cross-functional teams to deliver robust, data-driven insights that shape the division’s strategic direction.
What You'll Work On:
- OEM Leadership:
- Lead the development, coordination, and delivery of the division’s OEM (Organic Execution Model, a.k.a. Long-Range Financial Plan), ensuring alignment with corporate objectives and market dynamics.
- Drive scenario planning, sensitivity analysis, and risk/opportunity assessments to support strategic decision-making.
- Facilitate cross-functional collaboration across Finance, Operations, Commercial, and R&D to ensure OEM assumptions are comprehensive and achievable.
- Financial Planning & Analysis
- Lead the division’s financial planning processes, including annual plan, LBEs, and strategic forecasts, with a strong focus on Cash Flow and Balance Sheet management.
- Drive monthly and quarterly Cash Flow and Balance Sheet reviews with business unit controllers, ensuring accuracy, integrity, and alignment with corporate objectives.
- Provide actionable insights and recommendations to optimize working capital, and capital expenditures.
- Ensure robust governance and controls around forecasting assumptions and reporting processes.
- Executive Reporting & Presentations:
- Develop and deliver high-impact presentations for senior management and corporate leadership, including OEM, competitor analysis, and strategic updates.
- Ensure all analyses are comprehensive, data-driven, and aligned with business priorities.
- Leadership & Governance:
- Establish and maintain robust planning processes, timelines, and governance frameworks.
- Mentor and develop team members, fostering a culture of accountability and continuous improvement.
Qualifications:
- Bachelor’s degree in finance, Accounting, or related field.
- 7+ years of progressive finance experience, including strategic planning and FP&A leadership roles.
- Strong analytical, communication, and executive presentation skills.
- Experience in multiple functions a plus. Sound financial analysis, sales forecasting, and dynamic modeling skills
- Proven ability to lead cross-functional teams and influence senior stakeholders.
Preferred Qualification:
WHAT WE OFFER
At Abbott, you can have a good job that can grow into a great career. We offer:
- Training and career development, with onboarding programs for new employees and tuition assistance
- Financial security through competitive compensation, incentives, and retirement plans
- Health care and well-being programs, including medical, dental, vision, wellness and occupational health programs
- Paid time off
- 401(k) retirement savings with a generous company match
- The stability of a company with a record of strong financial performance and a history of being actively involved in local communities
The base pay for this position is
$113,300.00 – $226,700.00
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:
Yes, 5 % of the Time
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