Finance Supervisor, Global Supply Chain - Diagnostics

Finance Supervisor, Global Supply Chain - Diagnostics

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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.

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
• 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.
• 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.

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.

Our location in Lake Forest, Illinois currently has an opportunity for a Financial Supervisor, Global Supply Chain for our Diagnostics division.

This Finance Supervisor
, Global Supply Chain role provides a unique opportunity to gain experience and insight into the Core Diagnostics Global Supply Chain Organization and is a key member of the Global Manufacturing Operations Finance team. It acts as a financial partner for the Global Purchasing organization and is the financial subject matter expert on Third Party Manufactured (TPM) Reagents, with responsibilities in financial planning and accounting, including standard cost development and analysis, operating variance analysis, and inventory analysis.

Additional responsibilities include analytics and presentation development during the Abbott planning cycles, month-end close accounting entries, variance analysis and support for significant on-going business decisions. As a Headquarters role, this position offers an international perspective with responsibility for the global consolidation of Supply Chain financial data.

• End to end Standard Costing for Core Dx TPM Reagents, including development of fully burdened standards, cost change analysis, and delivery of presentations for management review.
• Ownership of P&L and Balance Sheet forecasting and reporting cycles through close communication with our business partners in Global Purchasing and Global Demand Planning. Supports >$500 million in annual purchases and serves as the Finance expert and “go-to” person for these key areas.
• Drive value added insights through the preparation of various management presentations, financial modeling, financial analyses, and related consultation to senior divisional management in planning and achieving short- and long-term financial objectives.
• Review and drive actual financial data during month-end close, including journal entry preparation, variance analysis and month-end reporting.
• Lead the global consolidation of Supply Chain financial data, including high level commentary.
• Preparation of monthly foreign currency purchase forecast to support Treasury hedging activities.
• Lead analyst to support external financial audit requests for US Distribution.
• Other P&L/Balance Sheet analysis as needed.

• Bachelor's degree with concentration in accounting or finance.
• 4-6 years of Finance/Accounting experience.

• Prior cost accounting and/or financial planning experience.
• Prior experience with Symphony/SAP and TM1 (or similar financial planning…