AbbottR&D Finance Manager
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 114,000 colleagues serve people in more than 160 countries.
JOB DESCRIPTION:
R&D Finance Manager
At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:
- Career development with an international company where you can grow the career you dream of.
- Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
- An excellent retirement savings plan with a high employer contribution
- Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
- A company recognized as a great place to work in dozens of countries worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists.
The Opportunity
This position works out of our Plymouth location in the Electrophysiology Medical Device division. In Abbott’s Electrophysiology (EP) business, we’re advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives.
This role serves as a critical finance business advisor and partner for EP R&D leadership. The R&D Finance Manager provides sound business counsel and enables the strategic vision of the business unit by advocating spending as an investment, not an expense. They will effectively balance business unit investment needs/ROI with division and corporate investment needs. This individual will interpret root causes to issue and actively seek solutions to problems through sound financial analysis. They will bring the numbers to life through forecast accuracy and presentation of financial information to non-financial audiences. This individual will focus on business strategies to achieve goals rather than report outcomes, while continuously ensure organizational alignment on key action items.
What You’ll Work On
- R&D RLBE Process: Coordinate planning with functional leaders; develop and maintain data collection and entity submission templates; prepare and present RLBE summaries to BU leadership; update and maintain HFM data models.
- R&D Monthly Performance: Update HFM data models, analyze monthly results, and prepare performance summaries for BU leadership.
- NPVs/ROIs for New Product Development: Partner with Marketing, Operations, and PMO to model P&L impacts; assess and communicate potential cannibalization; prepare presentation materials for portfolio reviews and gate meetings with BU leadership.
- R&D Strategic Planning: Coordinate planning with functional heads; maintain data templates and submission packages; prepare and present OEM summaries to BU leadership; update and maintain HFM data models.
- Ad‑hoc Analysis & Support as needed across the organization.
Required Qualifications
- Bachelors Degree (± 16 years) in Accounting/Finance or a related field
- Minimum 7 years of FP&A experience
- People leadership/management experience
Preferred Qualifications
- 15+ years of FP&A experience
- 5+ years of people leadership/management experience
- Master’s degree in Finance, Accounting, Business, or a related field
- CPA certification
- Experience supporting R&D functions
- Medical device or broader healthcare industry experience
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com
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 X @AbbottNews
The base pay for this position is
$99,300.00 – $198,700.00
In specific locations, the pay range may vary from the range posted.
JOB FAMILY:
Financial Planning and Analysis
DIVISION:
EP Electrophysiology
LOCATION:
United States > Minnesota > Plymouth : 5050 Nathan Lane N
ADDITIONAL LOCATIONS:
WORK SHIFT:
Standard
TRAVEL:
Yes, 5 % of the Time
MEDICAL SURVEILLANCE:
No
SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Continuous standing for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)
Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO\_English.pdf
EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO\_Spanish.pdf