Details
Posted: 08-Apr-22
Location: Lake Forest, Illinois
Salary: Open
Internal Number: ABLAUS31021786ENUSEXTERNAL
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 113,000 colleagues serve people in more than 160 countries.
Diagnostic testing is a compass, providing information that helps in the prevention, diagnosis and treatment of a range of health conditions.
Abbott's life-changing tests and diagnostic tools give you accurate, timely information to better manage your health. We're empowering smarter medical and economic decision making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott's diagnostics instruments, providing lab results for millions of people.
Our location in Orlando or Chicago, currently has an opportunity for a Finance Transformation Manager.
This role reports to the Rapid Diagnostics (RDx) Finance Transformation Director and is responsible for driving global integration efforts of our RDx's functions into RDx Shared Service Centers (SSC) and Centers of Excellence (COE). This includes performing hands on training and documentation with existing teams as well as leading the handover to the SSC Centers intaking these functions. In this role, the candidate will be fully responsible for the transitioning entity's financial books, reporting, and all close activities associated with the in-flight activities during the transition, as well as project management oversight of the larger transformation plan.
WHAT YOU'LL DO
- Manage the full-scale transition plan of functional finance transitions into RDx Centers, along with the additional handover plan of any work to the SSC team(s). Liaise with BU leadership and RDx Senior Leadership for status reporting and executive updates.
- Lead the finance transition team in developing timelines for transition, provisioning of new system access, training plans for all activities in scope, as well as develop and adapt any needed documentation.
- Manage end to end RDx subsidiary's functions across different business units and ERPs during transition timeline. Identify opportunities for system enhancements, process standardization, and policy alignment to Abbott Corporate. Prepare monthly, quarterly, annual reporting packages and consolidation upload files of actuals in Legacy Alere HFM and Abbott HFM; coordinate with Abbott's Corporate Financial Reporting group.
- Prepare and review journal entries and balance sheet reconciliations for RDx subsidiary entities
- Liaise with Treasury functions on necessary banking changes, authorizations, and automations (Lockbox, ACH payments, Positive Pay).
- Complete ad-hoc requests and projects as required; evaluate complex transactions; drive system integration and enhancement efforts, comply with standards and policies.
- Coordinate and plan with other RDx Business Units to facilitate moving back office finance activities from local entities to existing RDx Centers, both domestic and globally.
- Provides analysis and support of service metric benchmarking, comparison and/or changes.
- Assist in continuing integration of Alere acquisition into existing Abbott systems and processes. Work with RDx finance management to evaluate current processes and propose improvements.
- Supervise 2-3 direct reports as needed throughout project requirements, to be located in Orlando & Philippines.
EDUCATION AND EXPERIENCE YOU'LL BRING
Required
- Bachelors in Accounting/Finance, Business, or Economics or equivalent experience.
- Minimum of 8 years of relevant experience in a fast-paced work environment with frequent deadlines and changing priorities; ability to effectively prioritize and execute tasks and escalate issues to management.
- Previous experience working with large amounts of data and proficiency in Excel and PowerPoint.
- Previous experience in large Integration projects where related activities have been transitioned from legacy entities to SSCs and COEs.
- Solid accounting knowledge and strong technical systems skills such as SAP, Hyperion, Sage preferred.
- Strong verbal and written communication skills and ability to interact professionally with a diverse group of internal clients.
- Flexible and well-organized with a strong attention to detail and ability to work independently as well as part of a team.
- Reasoning - Ability to solve problems with complex variables through non-standardized solutions that require independent judgment and analysis. Ability to draw inferences and use deductive reasoning with no prescribed procedures to solve complex problems.
- Robust analytical and problem-solving skills and the capability to conduct complex data analysis.
- Travel required to Legacy Alere subsidiary and/or Abbott offices across US and OUS. Travel may be as heavy as 2 weeks per month during peak transition timelines but should even out over the course of the transformation plan.
WHAT WE OFFER
At Abbott, you can have a good job that can grow into a great career. We offer:
- Training and career development, with onboarding programs for new employees and tuition assistance
- Financial security through competitive compensation, incentives and retirement plans
- Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
- Paid time off
- 401(k) retirement savings with a generous company match
- The stability of a company with a record of strong financial performance and history of being actively involved in local communities
Learn more about our benefits that add real value to your life to help you live fully: http://www.abbottbenefits.com/pages/candidate.aspx
Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity.
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