Finance Manager - Abbott Diabetes Care

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.

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 have access to:

• Career development with an international company where you can grow the career you dream of.
• 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

We’re focused on helping people with diabetes manage their health with life-changing products that provide accurate data to drive better-informed decisions. We’re revolutionizing the way people monitor their glucose levels with our new sensing technology. This role is located at our Mississauga office, in this role you will report to the Abbott Diabetes Care Controller. This role ensures appropriate integrity and reasonableness of financial data as well as compliance with Corporate/Divisional financial policies and procedures, and profound understanding of GAAP. You will support all aspects of Financial Control at the affiliate finance level, including Revenue Recognition Reporting and Monthly Account Accruals and preparation. You will also identify risks, assesses assumptions, and proposes recommendations and solutions to issues.

What You’ll Do

• Manage and supervise the preparation of plans (LBE, LRP, Entity Plans etc.) for both P&L and Balance Sheet.
• Complete all plan schedules for submission to Area.
• Prepare LBE presentation decks. 
• Gather inputs from commercial teams, prepare financial slides and back-ups.
• Review and challenge the demand forecast and ensure reasonableness and alignment with commercial strategies.
• Manage the month end closing process. 
• Ensure timely completion of all journal entries, account reconciliations and month end reports.
• Prepare monthly performance reports (Balance Sheet, P&L’s). 
• Explain performance variances vs benchmarks (Plan, LBE and Prior Year).
• Prepare and monitor spending budgets including SG&A, Freight and Distribution, Warranties etc.
• Prepare and submit weekly Sales and P&L flash reports for area.
• Review and approve invoices for payment.
• Supervise, coach and mentor two (2) Senior Financial Analysts and one (1) Financial Analyst.
• Provide finance support to commercial teams (e.g. cost benefit analyses, finance procedures guidance etc.)
• Prepare and regularly update all financial SOPs.

Required Qualifications

• Bachelor’s degree in accounting or finance is required. 
• CPA designation will be considered an asset.
• 5+ years of previous experience in a similar role.
• Revenue Recognition experience.
• Advanced knowledge of Excel (Pivot Tables, VLOOKUP, Hlookup, etc.) and financial applications i.e., SAP, Business Objects.
• Ability to work with minimum supervision.
• Demonstrates a sense of urgency and timelines.
• Strong interpersonal and communication skills to communicate effectively with all levels of management.
• Excellent English communications skills, French would be considered an asset.
• Receptive to change and a team player.
• Ability to prioritize and to meet strict deadline requirements.

Abbott Canada is committed to the hiring, advancement, and fair treatment of individuals without discrimination based on factors such as race, sex, colour, ethnic or national origin, religion, disability, age, citizenship, family or marital status, political beliefs, sexual preference or other factors included in human rights legislation.

Our diversity goals for recruitment, hiring, and retention are embedded in our corporate goals, and our diversity initiatives are supported by the highest level of the organization.

We strongly believe that a diverse workforce fosters more creative and innovative thinking throughout the organization. Creating an inclusive environment, where everyone is respected and valued, enables us to leverage our diversity as a business driver and strengthens our position as a global leader.

Abbott strives to promote and maintain an inclusive, high-performing culture that allows all employees to reach their full potential and contribute to Abbott’s success.

For further information, and to apply, please visit our website via the “Apply” button below.