Abbott

Makes heart devices, glucose sensors and lab tests

Finance Manager - SEA

Corporate Finance & FP&AConfirmed live in the last 24 hours

Full-timeSingaporeNo salary listed

About the Job

Requirements

A degree in Finance, Accountancy, or a related subject is required.
At least 15 years of business controlling experience in a multinational, customer-oriented environment is required; FP&A experience is highly advantageous.
Strong analytical and problem-solving skills and critical thinking abilities are required.
A collaborative, innovative approach and commitment to quality and efficiency are required.

Responsibilities

Consolidate and report actual and forecast sales, profit and loss, and balance sheet results across Southeast Asian markets.
Partner with commercial and general managers and support day-to-day business operations.
Complete month-end and year-end closing with the SSO/CFS teams, working with them on actual reporting, credit control, payments, and operational matters.
Consolidate, report, and monitor the cash conversion cycle and credit management for Southeast Asian markets.
Manage distributor renewal and appointment processes, inventory, and credit and margin claims.
Report and track primary and secondary end-customer sales and inventory across Southeast Asian markets.
Analyze drivers of profitability issues during plan or RLBE cycles.
Provide analytics to counsel senior management on opportunities and exposures, and develop financial business plans and supporting analysis to meet financial commitments.
Ensure financial data integrity and reasonableness, and compliance with corporate and division financial policies and procedures; apply understanding of GAAP.
Implement and ensure adherence to Abbott accounting policies and procedures (CFMs).
Ensure global compliance with applicable customs, antiboycott, embargo, and trade-control laws and regulations in countries where Abbott imports or exports goods, software, or technology, in accordance with Abbott’s Code of Conduct; create an infrastructure and environment that enables growth.
Review and provide sales incentive calculations to local HR.
Develop two direct reports.
Provide ad hoc support and solutions for business initiatives, planning, and reporting requirements.

Desired Qualifications

FP&A experience is highly advantageous.

JOB DESCRIPTION:

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.

Our rapid diagnostics solutions are helping address some of the world’s greatest healthcare challenges.

The Opportunity

As the Finance Manager, SEA, you will be responsible for consolidating and reporting sales, P&L, and balance sheet results (actuals and forecasts) across Southeast Asia. You will partner closely with business leaders, support day-to-day finance operations, provide financial reporting and analysis, and ensure compliance with corporate financial policies and procedures.

What You’ll Do

Consolidate/Report for Sales and P&L and Balance Sheet (actual and forecast) for ID SEA: (Singapore, Malaysia, Vietnam, Thailand, Philippines, Indonesia, Cambodia, Laos, Vietnam) for Actual, RLBE/Forecast and Confirmation.
Working closely with CM/GM as a strong Finance business partners and supports day to day business operations issues.
Ensure completion of month end/year end closing with SSO / CFS team. Work along closely with SSO / CFS team on actual reporting, credit control, payment and all operations matters.
Consolidate/Report/Monitor Cash Conversion Cycle, and Credit Management for SEA markets
Distributors management: renewal/appointment process, inventory management, credit/margin claims processes, etc.
Reporting and tracking of end-customer sales: (primary, secondary, inventory) across SEA markets
Financial Analysis / Decision Support – Consolidate to understand the key drivers of profitability issues relating to any given Plan or RLBE cycle.
Provide meaningful, value-added analytics to influence and counsel Senior Management on potential opportunities and / or exposures. Drive development and preparation of solid financial business plans (and underlying analysis) to ensure the affiliate delivers its financial commitments
Ensures appropriate integrity and reasonableness of financial data as well as compliance with Corporate/Division financial policies and procedures, and understanding of GAAP
Responsible for implementation and adherence to Abbott accounting policies and procedures (CFMs)
Responsible and to ensure Global Compliance with all applicable customs, antiboycott, embargo, and trade control laws, rules and regulations in countries where Abbott imports or exports goods, software, or technology according to Abbott’s Code of Conduct. Create a sustainable infrastructure and environment that enables growth
Working closely to review/provide Sales Incentive Calculation to local HR
Responsible for 2 direct reports talent development
Provide ad hoc support and solutions to meet business initiatives, planning and reporting requirements

Requirements

Degree in Finance or Accountancy or related subjects. Minimum 15+ years of business controlling experience in a multinational, customer-oriented environment (experience in FP&A is highly advantageous).
Excellent analytical/problem solving skills and critical thinking abilities.
Strong can-do attitude: Innovative and collaborative with a passion for quality and efficiency
Degree in Finance or Accountancy or related subjects.

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal

The base pay for this position is

N/A

In specific locations, the pay range may vary from the range posted.

JOB FAMILY:

Financial Planning and Analysis

DIVISION:

ID Infectious Disease

LOCATION:

Singapore > Singapore : DUO Tower

ADDITIONAL LOCATIONS:

WORK SHIFT:

Standard

TRAVEL:

Yes, 15 % of the Time

MEDICAL SURVEILLANCE:

Not Applicable

SIGNIFICANT WORK ACTIVITIES:

Not Applicable

About the Company

Abbott

Makes heart devices, glucose sensors and lab tests

Abbott makes medical devices, diagnostic tests, nutrition products and branded generic drugs for hospitals, laboratories, pharmacies and patients. Its best-known product is the FreeStyle Libre, a coin-sized sensor worn on the upper arm that tracks blood sugar around the clock without routine finger pricks. Its other lines run from heart valves, pacemakers and brain stimulators to lab analyzers, rapid tests and mail-in colon cancer screening kits, and Abbott earns money by selling these products to health systems, labs, retailers and consumers. The company was founded in 1888 by Chicago physician Wallace Abbott and is based in Abbott Park, Illinois.

Company size: 10,001+
Company stage: IPO
Headquarters: Abbott Park, IL
Founded: 1888

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