JOB DESCRIPTION:About Abbott
Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.
Working at AbbottAt Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You will have access to:
- Career development with an international company where you can grow the career you dream of .
- Amazing health and wellness benefits and perks.
- A company recognized as a great place to work in dozens of countries around the world 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 a best place to work for diversity, working mothers, female executives, and scientists.
The role works for Abbott nutrition. Our nutrition business develops science-based nutrition products for people of all ages, from helping babies and children grow, to keeping adult bodies strong and active. Millions of people around the world count on our leading brands – including Similac®, PediaSure®, Ensure®, Glucerna® – to help get the nutrients they need to live their healthiest life.Main purpose of the role Responsible for Affiliate’s monthly end closing, Trade claim review, supporting quarterly financial forecast, i.e. LBE, annual Plan, budget management and financial analytical analyses.
Main responsibilities
- Prepare financial reports (month end actual closing, performance comparison to Plans and Rolling LBEs) that meet the timing and quality of presentation requirements, facilitating management review and decision making while ensuring data integrity and compliance with GAAP, Abbott financial policies and procedures, and Abbott's Code of Conduct.
- Build control process to review, validate and approve customer claims in compliance with Abbott’s policies.
- Actual expense tracking vs budget: develop a process to provide actual spend by activities and functions and compare against budget on monthly basis. Be able to explain drivers for spend variances vs budget and working with commercial partners making sure spend is on track as per commitment
- Build detailed projection models that analyze and project the financial impact of business initiatives across ANI ANZ and translate them into P&L expectations.
- Support the organization with financial guidance/consulting and assistance with analysis that will aid in the achievement of business objectives. Proactively identify and communicate results to the organization through monthly reporting and ad hoc analysis including trends, issues and opportunities, identification of key plus/(minus) issues and recommendations for appropriate contingency plans.
- Establish and maintain an effective, efficient, and well-documented consolidation and financial planning process for Affiliate and operational functions being supported, including coordination of a planning calendar with key dates and deliverables. This includes to ongoing evaluation of options to streamline, automate and/ or outsource financial consolidation processes.
- Work as finance liaison with Area office with regards to monthly end close result vs LBE, Plan and confirmation. Provide all required financial schedule for Affiliate/Area and Division FP&A.
- Gross to net budget and tracking: working with commercial team to establish gross to net budget, validate it with program, contractual agreements and review actual against budget
- Minimum 5 - 7 years
- Financial experience (Financial reporting, costing, FP&A)
- Prior commercial finance partnership at large Corporation is a plus.
- Proficiency in Host Analytics, HFM/CCI, SAP.
Technical Experience
- Affinity with general IT and information systems (SAP and Oracle).
- Strong excel skills that can build complex financial model is preferred.
- Strong presentation that can translate number into executive ready presentation is a plus.
- Familiar with general accounting standards.
- Good understanding of the key processes of an organization.
Analytical Review:
- Have experience and being able to analyze and interpret complex problems/data gathered from a variety of sources and through effective decision-making and planning, delivers superior business solutions.
- Strong analytical and problem-solving skills.
- Ability to prioritize; strong organizational and planning skills; strong intellectual curiosity.
- Ability and aptitude to provide solutions and contingency plans through the comprehensive review of alternatives
Education
- Degree in Accounting or Finance
- Internationally recognized accounting or auditing certification, such as CPA, ACCA.
The base pay for this position is
N/A
In specific locations, the pay range may vary from the range posted.
JOB FAMILY:Financial Planning and Analysis
DIVISION:ANI International Nutrition
LOCATION:Australia > Macquarie Park : 299 Lane Cove Road
ADDITIONAL LOCATIONS:
WORK SHIFT:Standard
TRAVEL:Yes, 10 % of the Time
MEDICAL SURVEILLANCE:Not Applicable
SIGNIFICANT WORK ACTIVITIES:Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)
.png)
