Job Description

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 Title

Field Finance Manager

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 Austin, TX office in the Heart Failure Division. Leading an active lifestyle is important to the many people we serve. In Abbott’s Heart Failure division, we’re advancing the treatment of heart and vascular disease through breakthrough medical technologies in HF allowing people to restore their health and get on with their lives.

As the Field Finance Manager, you are acting independently, producing complex and high impact business/financial analyses and decisions support to increase sales productivity, and execute planning, budgeting/forecasting, and sales/financial performance assessment processes for the US commercial organization. You will review various sales data, and provide management with current performance assessments, trend analyses, recommended success metrics and measurement processes, and create proposals to improve efficiency and productivity of the sales force, revenue generation, and profit increases. You will prepare budgets and forecasts for planning purposes and for required reporting. You will identify and routinely use the most effective, cost efficient and best business practices to execute processes; continually evaluate your effectiveness and appropriateness. You exercise judgment in planning, organizing and performing work; monitor performance and reports status within area of responsibility. You remain current on developments in field(s) of expertise. You may represent the Finance Department and resolve field problems and/or determine priorities related to the above.

What You’ll Work On

• Review sales objectives, analyzes data, understands sales process and business model, and develops and recommends solutions in the areas of territory alignment, sales reps efficiency/productivity, expense management, manpower planning.
• Review revenue data by geography, account, product, and rep, evaluate performance, highlights key issues, and recommend areas of focus for improvement to sales management; in some instances, work with other sales functions, finance, and marketing to develop business solutions to key problems.
• Interpret the effect of operating results on the company’s financial posture and make specific recommendations, which will result in cost reductions and profit improvements.
• Represent financial management for the geography, lead, execute and monitor results for the following financial processes:
  • Annual Business Plan development comprised of:
  • Revenue Plan by Product by Region, by Area
  • Personnel Plan
  • Overhead Expense Plan
  • Quarterly Forecasts and Outlooks
• Provide departmental manpower targets and negotiates departmental budgets.
• Monitor and approve manpower on a continuous basis to ensure departmental adherence to budgets and appropriateness of open positions.
• Assess department capital requirements for budget justification.
• Monitor and approve capital expenditures throughout the year to ensure departmental adherence to budgets. Evaluate changes in requirements throughout the year.
• Analyze and report on financial impacts associated with special events, actions and requirements.
• Assist in the preparation of strategic plans and analyses for planning and future business alternatives.
• Compile, analyze, and present findings on financial and sales competitive intelligence
• Support all Company initiatives as identified by management and in support of Quality Management Systems (QMS), Environmental Management Systems (EMS), and other regulatory requirements.
• Comply with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments. Maintain positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors.
• Perform other related duties and responsibilities, on occasion, as assigned

Required Qualifications

• A Bachelor’s degree in Business Administration, Accounting, Finance or equivalent plus at least 6+ years of progressively more responsible financial or budgeting experience.
• Seasoned judgment acquired through organizational experience in sales metrics analyses, financial planning, financial analysis, working with corporate senior management, and corporate business accounting.
• Documented record of delivering financial information that adds value to management's decision-making process.
• Comprehensive verbal and written communication, interpersonal and presentation skills.
• Thorough working knowledge of frequently used personal computer programs and applications, such as, Microsoft Office.
• Ability to work in a highly matrixed and geographically diverse business environment.
• Ability to work within a team and as an individual contributor in a fast-paced, changing environment.
• Ability to leverage and/or engage others to accomplish projects.
• Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization.
• Multitasks, prioritizes and meets deadlines in timely manner.
• Strong organizational and follow-up skills, as well as attention to detail.
• Ability to travel approximately 30%, including internationally.
• Ability to maintain regular and predictable attendance

Preferred Qualifications

• An advanced credential, such as an MBA, CPA, CMA, or CPIM designation or equivalent preferred.
• Experience working in a broader enterprise/cross-division business unit model preferred.

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

$99,300.00 – $198,700.00

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

JOB FAMILY:

Financial Planning and Analysis

DIVISION:

HF Heart Failure

LOCATION:

United States > Austin : 8701 Bee Caves Rd

ADDITIONAL LOCATIONS:

WORK SHIFT:

Standard

TRAVEL:

Yes, 10 % 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.pdfEEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf