Finance Manager, Core Diagnostics R&D

Abbott • Lake Forest, IL

1d • $99,300 - $198,700

About The Position

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 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 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.

Requirements

• Bachelor’s degree in finance or accounting required
• Must have 5‐8 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

Nice To Haves

• MBA and/or CPA preferred

Responsibilities

• 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.
• 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.
• 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.
• Present finance updates to CFT (cross functional team) weekly and R&D/Division leadership as needed.

Benefits

• 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 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 a best place to work for diversity, working mothers, female executives, and scientists

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level