Finance Leader

at  Abbott Laboratories

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.

REQUIRED QUALIFICATIONS

• Bachelor’s Degree in Business Administration with major in Accounting and/or Finance.
• 6 or more years of experience in a manufacturing environment in Accounting and/or Finance
• Knowledge of integrated cost accounting systems and information systems.
• Proficiency in computer applications (MS Excel, MS Word, MS PowerPoint).
• Advance Commands of English

• Budget / Forecasting - Active participation in the preparation of the annual manufacturing budget plan; Coordinate the collection of information and analyze and summarize the necessary data for the timely preparation of quarterly forecasts.
• Product Costing - Support the development of standard product costing, after proper verification of routings, bills of materials and components costs, including review for reasonableness. Prepare cost estimates as required.
• Closing/ Reporting – Participates in the month end close process, reviews spending account accuracy and propose accruals as necessary. Analyze financial results, verify reasonableness and provide management with manufacturing performance reports on a daily, weekly or monthly basis, including manufacturing variance analyses and appropriate explanations of yields, scrap, rework and other factors. Analysis of inventory balances and other account reconciliations as assigned.
• Operational business support - Review and analyze Production Order Variances (POV) analyzing and reporting results, support operational managers in the monetary spending overhead analysis and budget control.
• Fixed assets - Review all capital expenditure requests ensuring that we are using proper forms, accounting treatment, and necessary back up information; follow up on construction in progress projects to assure its timely closing and capitalization, and to ensure forecasts and budgets accurately reflect correct assumptions for future depreciation calculations.
• Participate in New Product Transfers as required supporting budgeting/forecast process, analysis as required.