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 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.
- Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
- 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 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 the best place to work for diversity, working mothers, female executives, and scientists.
*Qualified candidates must currently reside in the Lake Forest/Chicagoland, IL area.
The Opportunity
Abbott’s Core Diagnostic Division, located in our headquarters in Lake Forest, IL, has a new opening for a Manager, Division Financial Planning & OEM.
The Manager, Division Financial Planning & OEM, serves as a strategic finance leader responsible for driving the division’s long-range planning process (OEM) 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 Do:
- 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.
Experience Required:
- 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.
- Proven ability to lead cross-functional teams and influence senior stakeholders.
Preferred:
- MBA or CPA strongly preferred
- Experience with TM1, HFM preferred.
- Experience with C-Suite – presentations
Apply Now
* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.
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 and @AbbottGlobal.
TRAVEL:
None
The base pay for this position is
$111,300.00 – $222,700.00
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.pdfEEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf