Job Information
Abbott Regional Manager- Financial Planning & Analysis in Singapore, Singapore
Abbott Structural Heart is helping rebuild better hearts and improve patients' quality of life by delivering heart solutions built for better life.
MAIN PURPOSE OF ROLE
Contribute to the company's financial and commercial success by developing and enhancing the internal financial reporting systems and providing management with clear, objective financial business data to support the decision-making process. The position is an integral part of the regional finance function and supporting EMAK/ANZ will be a core component of the role. It involves working with senior management teams as well as corporate specialty functions.
MAIN RESPONSIBILITIES
Financial Planning & Analysis:
Provide oversight and controls for the monthly accounting close process, including appropriate expense accruals plus review of actuals versus plan to ensure completeness and accuracy of monthly financial information
Organize and produce monthly and annual reporting to the required timetable
Monitor country financial performance by highlighting material variances using system generated detail and trend reports
Ensure accurate tie outs between the different reporting tools (Business Objects, SAP, Salesforce,com, Dodeca, local ERP)
Continuously enhance reporting tools through the automation of data feeds, adaption of existing models/methods, and the invention of new models/methods
Review and investigate the company’s accounting transactions to improve data accuracy
Support in business modelling, P&L forecasts and competitor benchmarking
Support in analysis of forecast, budget, actuals and other specific business dynamics
Business support:
Working closely with Commercial business to evaluate margin impact related to investment decisions, pricing and promotions, and business development opportunities to support the making of decisions
Prepare Corporate Account reports, ad hoc reporting and/or analysis as required by Corporate Accounts Manager
Timely & accurate calculation and accrual of monthly rebates and payments are executed in accordance with approved Rebate agreements and properly authorized in accordance with corporate policy
Work with rebate team to ensure rebate payments and system entries are done in time
Meet with departmental management to understand their needs and provide support to their decision-making process by using existing tools or inventing new ones.
Participate in planning meetings in order to provide financial insights and track changes
Others:
Support internal and external audit
Ensuring compliance with financial guidelines, company policies, and relevant legal regulations
Ensure compliance in performing the training as required by the training procedure
Be prepared to take any ad hoc projects at any time, last minute requirements, expansion of scope or projects, for both country and APAC as requested by manager or APAC controller
In carrying out all job-related activities, this person must be in compliance with local Singapore rules and regulations, environment laws, internal and U.S. FDA regulatory requirement, financial rules and practices, Code of Business Conduct, and local law and company regulations as stipulated in Abbott Singapore Employee Handbook.
REQUIREMENTS
BS or BA in Accounting, Finance, or Economics
Minimum 6 - 10 years financial analysis experience; and working experience in supporting regional Asia Pac or Southeast Asia markets
Dynamic, motivated team player who can also work on one's own for days at a time
Strong Excel (including VBA language), Powerpoint skills, knowledge of SAP, Dodeca, Business Objects, PowerBi is a plus
Ability to plan, implement, and administer financial information and control systems
Knowledge of the principles, processes and standards for integrated financial analysis and reporting
Able to work well under pressure and with tight deadlines
Potential to grow within the organization
Highly analytical, with an eye for detail
Creative and able to tease out causal relations in a mass of data
Strong commitment, willing to take ownership of problems
Strong interpersonal and communication skills
Accurate time management & reporting skills
Accounting knowledge a plus
An Equal Opportunity Employer
Abbot welcomes and encourages diversity in our workforce.
We provide reasonable accommodation to qualified individuals with disabilities.
To request accommodation, please call 224-667-4913 or email corpjat@abbott.com