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This position works out of our Austin, TX 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.
Job Responsibility:
Acts independently, produces complex and high impact business/financial analyses and decision support to increase sales productivity, and execute planning, budgeting/forecasting, and sales/financial performance assessment processes for the US commercial organization
Reviews various sales data, and provides management with current performance assessments, trend analyses, recommended success metrics and measurement processes, and proposals to improve efficiency and productivity of the sales force, revenue generation, and profit increases
Prepares budgets and forecasts for planning purposes and for required reporting
Identifies and routinely uses the most effective, cost efficient and best business practices to execute processes
Exercises judgment in planning, organizing and performing work
monitors performance and reports status within area of responsibility
Remains current on developments in field(s) of expertise
May represent the Finance Department and resolve field problems and/or determine priorities
Reviews sales objectives, analyzes data, understands sales process and business model, and develops and recommends solutions in the areas of territory alignment, sales reps efficiency/productivity, expense management, manpower planning
Reviews revenue data by geography, account, product, and rep, evaluates performance, highlights key issues, and recommends areas of focus for improvement to sales management
Interprets the effect of operating results on the company’s financial posture and makes specific recommendations, which will result in cost reductions and profit improvements
Representing financial management for the geography, leads, executes and monitors results for financial processes: Annual Business Plan development, Quarterly Forecasts and Outlooks
Provides departmental manpower targets and negotiates departmental budgets
Monitors and approves manpower on a continuous basis to ensure departmental adherence to budgets and appropriateness of open positions
Assesses department capital requirements for budget justification
Monitors and approves capital expenditures throughout the year to ensure departmental adherence to budgets
Analyzes and reports on financial impacts associated with special events, actions and requirements
Assists in the preparation of strategic plans and analyses for planning and future business alternatives
Compiles, analyzes, and presents findings on financial and sales competitive intelligence
Support all Company initiatives as identified by management and in support of Quality Management Systems (QMS), Environmental Management Systems (EMS), and other regulatory requirements
Complies with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments
Maintains positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors
Performs other related duties and responsibilities, on occasion, as assigned
Works with standard office equipment such as telephone, cellular phone, fax/copier, and a personal computer with standard office software
Requirements:
A Bachelor’s degree in Business Administration, Accounting, Finance or equivalent
At least five plus years of progressively more responsible financial or budgeting experience
Seasoned judgment acquired through organizational experience in sales metrics analyses, financial planning, financial analysis, working with corporate senior management, and corporate business accounting
Documented record of delivering financial information that adds value to management's decision making process
Comprehensive verbal and written communication, interpersonal and presentation skills
Thorough working knowledge of frequently used personal computer programs and applications, such as, Microsoft Office
Ability to work in a highly matrixed and geographically diverse business environment
Ability to work within a team and as an individual contributor in a fast-paced, changing environment
Ability to leverage and/or engage others to accomplish projects
Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization
Multitasks, prioritizes and meets deadlines in timely manner
Strong organizational and follow-up skills, as well as attention to detail
Ability to maintain regular and predictable attendance
Nice to have:
An advanced credential, such as an MBA, CPA, CMA, or CPIM designation or equivalent
Experience working in a broader enterprise/cross-division business unit model
What we offer:
Career development with an international company
Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan
An excellent retirement savings plan with a high employer contribution
Tuition reimbursement
the Freedom 2 Save student debt program
FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree
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