R&D Finance Manager

Abbott • Maple Grove, MN

1d • Onsite

About The Position

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 where you can grow the career you dream of. 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 - an affordable and convenient path to getting a bachelor’s degree. 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. This position works out of our Plymouth location in the Electrophysiology Medical Device division. In Abbott’s Electrophysiology (EP) business, we’re advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives. This role serves as a critical finance business advisor and partner for EP R&D leadership. Provides sound business counsel and enables the strategic vision of the business unit by advocating spending as an investment, not an expense. Effectively balances business unit investment needs/ROI with division/corporate investment needs/ROI. Interprets root causes to issues and actively seeks solutions to problems through sound financial analysis. Brings the numbers to life through forecast accuracy and presentation of financial information to non-financial audiences. Focuses on business strategies to achieve goals rather than report outcomes. Continuously ensures organizational alignment on key action items.

Requirements

• Bachelors Degree (± 16 years) in Accounting/Finance or a related field
• Minimum 7 years experience

Nice To Haves

• 15+ years of FP&A experience
• 5+ years of management experience
• Master's degree
• CPA
• Experience supporting R&D
• Med device/healthcare industry experience

Responsibilities

• R&D RLBE process - coordinate planning with functional heads, prepare and maintain data collection templates, prepare and maintain entity submission templates, prepare and present RLBE summaries to BU leadership.
• Update/maintain HFM data models.
• R&D monthly performance process - Update HFM data models, analyze results and prepare summaries for BU leadership.
• NPVs/ROIs for new products in development - work with marketing, operations and PMO to quantify P&L impacts. Understand, quantify and communicate potential cannibalization impacts. Prepare slides for portfolio review meetings and gate reviews with BU leadership.
• R&D Strategic Planning Process - coordinate planning with functional heads, prepare and maintain data collection templates, prepare and maintain entity submission templates, prepare and present OEM summaries to BU leadership.
• Update/maintain HFM data models.
• Adhoc Requests

Benefits

• 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 - an affordable and convenient path to getting a bachelor’s degree.

What This Job Offers

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