Finance Manager, Core Diagnostics R&D

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: 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 will 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 high employer contribution Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelors 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 a best place to work for diversity, working mothers, female executives, and scientists The Opportunity Abbott Core Diagnostics has an opening for a Finance Manager at our Lake Forest, Illinois location. This individual is the financial business partner and counsel to the TBI BARDA (Biomedical Advanced Research and Development Authority) team and leadership within Core Diagnostics. This position supports the strategic program to expand claims on our current Traumatic Brain Injury (TBI) assay and provides financial information which enables timely and effective decision making. This role has full responsibility for the planning and execution of key financial processes of the TBI BARDA program, including Plan, RLBEs, Confirmations, Actuals Reporting, Balance Sheet and invoicing the federal government. This position is an individual contributor role. What You Will Work On Lead and manage the development of annual and quarterly budgets for the TBI BARDA program. Responsible for the invoicing of the federal government and adhoc financial modeling. Coordinate the planning of budget needs with functional representatives (Program Management Office, Medical, Clinical, etc.) for ongoing clinical studies and present LBE summaries to cross-functional team (CFT). Prepare RLBE Review presentations and all required Division/Corporate schedules. Strong communication and business partnership are a must. Responsibilities include: Forecasting & Planning: Lead and manage the development of accurate P&L and Balance Sheet forecasts for the TBI BARDA program. Understand and communicate key forecast assumptions and potential material risks and opportunities to the forecasts. Lead RLBE and Confirmation reviews with R&D Controller. Prepare schedules and commentary required for Division submission and presentations to Core Diagnostics senior leadership. Reporting & Invoicing: Review and understand actual financial results for the program including ensuring the accuracy of financial information and related operational metrics including comparisons to appropriate benchmarks. Present any material variances to the R&D Controller. Develop and distribute monthly actuals reporting packages. Assess monthly actual spend during month end close to book appropriate journal entries. Review invoice or ACR submissions from suppliers for payment. Prepare and submit invoices to the federal government. As well as regular financial reporting to BARDA (travel, CLIN budgets, etc.). Present finance updates to CFT (cross functional team) weekly and R&D/Division leadership as needed. Required Qualifications Bachelors degree in finance or accounting required MBA and/or CPA preferred Must have 58 years of progressive finance experience supporting Commercial, Operation and/or R&D organizations. Experience in multiple functions a plus. Sound financial analysis, sales forecasting, and dynamic modeling skills Communicate clearly, concisely, and accurately with all levels of the organization Must have strong interpersonal skills, ability to influence others without direct authority, good negotiating skills, solid analytical ability, and ability to think and adapt quickly in a changing environment 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 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: CRLB Core Lab LOCATION: United States > Lake Forest : CP01 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.pdf EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions across the spectrum of health, around the world, for all stages of life. Whether its next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health. The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of lifes greatest health challenges. We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings. An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce. Follow Us: Facebook LinkedIn YouTube Twitter