Senior FP&A Manager

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.
  
  

First Line Manager

This position works out of our Saudi Arabia location in the Abbott Nutrition Division

About Nutrition Division

Our nutrition business develops science-based nutrition products for people of all ages, from helping babies and children grow, to keeping adult bodies strong and active. Millions of people around the world count on our leading brands – including Similac, PediaSure, Pedialyte, Ensure, Glucerna and ZonePerfect – to help get the nutrients they need to live their healthiest life.

As Sr FP&A Manager, you'll-

• Provide finance expertise to support ANI Saudi organization in business partnering and strategic initiatives.
• Prepare Financial Plans, Rolling LBE’s, and manage financial activities, including monthly close processes and analysis for Saudi affiliates.
• Ensure completeness and accuracy of financial data, presenting a comprehensive and well-positioned Affiliate package to senior management.
• Collaborate with internal operational personnel and external partners, advising on financial and strategic implications of proposed concepts.
• Must provide appropriate advice and strategy to Senior Management to ensure timely, comprehensive, accurate, and insightful end product.
  
  

What You'll Do

Primary Function – Finance:

• Direct and have full responsibility for preparing the financial Plans, rLBE’s within the Division with annual sales $148MM (FY25Plan).
• Supports the affiliate Finance Director on FP&A related work and ad-hoc activities
• Lead the financial aspects of Pediatric Nutrition business Unit
• Preparation of Internal financial reports on Periodic basis (comprising Brand P&L, Channel wise profitability, actual spends analysis on sales promotion and other SG&A).
• Preparation of various reports on periodic basis to be submitted to AREA and Division (Such as reports on Sales reports, P&L schedules and Balance Sheet).
• Ensure all the submission are timely, comprehensive, accurate with clear & concise commentary.
• Perform detailed analysis of Sales / SG&A / GTN after month end and provide tracking vs budget to each budget owner and maintain FY forecast up to date.
• Ensure financial controls are being implemented and exercised in guidance with Abbott’s compliance and financial policies.
• Providing the business analytics to help drive initiatives that are critical to the ongoing growth of the company.
• Streamlining processes and identifying opportunities for savings across all areas of the business.
• Preparing key management reports, highlighting risks and opportunities and preparing contingency plans.
• Review accruals as part of monthly close activities and coordinate with CFS / ALOG to ensure accurate month close.
  
  

Commercial Business Partnering

• Work closely with Pediatric, Marketing & Trade commercial teams for evaluation of various initiatives.
• Proactive in originating, participating in and executing strategies, directed towards the enhancement of the business objectives of the ANI Saudi to achieve both current and long-range objectives
• Monitor In-Market Sales and target achievements for Pediatric Nutrition
• Analyze the inventory on monthly basis to identify distress and risk stocks
• Provide financial input, including ROI analysis (where applicable) for commercial activities.
• Co-ordinate with demand / logistics team to ensure TMS reflects IMS updates / changes
• Co-ordinate with the distributor for various matters and resolve issues, where applicable.
• Exercise budgetary controls and monitor spending limits.
• Prepare Ad Hoc Analysis as and when required by Local Management & Area
• Identify, analyse, and monitor issues that affect profitability, growth and productivity.
• Work with the Commercial teams to generate and implement ideas for cost leadership / profitability
  
  

Required Qualifications

• Master’s degree in accounting / finance or CPA/CA.
• 5-6 years’ Experience in Accounting/Auditing and Financial Planning and Analysis acquired in several years of relevant on-the-job experience as a Manager / Analyst of a country organization.
• Fluent in Business English
• A confident, excellent communicator, ability to work in a matrix environment.
• MS Office experience with outstanding Excel skills
  
  

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.

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