Finance Manager - Cost

Job description

JOB DESCRIPTION:Job Title Fianance Manager - Cost 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. The Opportunity This position works out in our manufacturing site in Queretaro, Mexico. With Electrophisiology 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 Purpose: This manager level role is responsible for reporting, planning, and analyzing financial-cost performance. Prepares financials-cost plans and forecasts based on performance expectations. Gathers and publishes financial information related to historical, current, and future performance. Performs financial analysis concepts and techniques. Recommends alternative course of action. Mentors and develops finance team. Knowledge, Experience and Education: Education: Bachelor's degree Years of experience, both overall and any industry-specific experience needed: 8 years Other qualifications/certifications: Controlling / Cost Accounting / Master Degree Optional Major Accountabilities Cost Accounting: Manage all the functions and activities associated with the managerial cost accounting section, such as budgets, manufacturing product costing, manufacturing variance (direct labor, material and overhead) analysis, inventory reconciliations, forecasting and projections, etc Closing & Reporting: Coordinate the timely and accurate preparation of the monthly financial statement, quarterly schedules, year-end financial information packages and the review with Site Controller; Verify reasonableness and provide management with manufacturing performance reports on a daily, weekly or monthly basis, including manufacturing variance analyses and appropriate explanations of yields, scrap, rework and other factors. Analysis of inventory balances and other account reconciliations as assigned Monitor, prepare and lead the review of financial reports and packages with site Controller before published, Coordinate Financial Review with leadership by gathering and analyzing information related to current performance – Cost of Sales, Unit Cost, Productivity, Throughput, etc. Operational business support: responsible for the day-to-day financial support to operations personnel. Supports operations in the monetary spending overhead analysis and budget control; audits cycle count program to assure its effectiveness and timely reports its results to management. Annual Physical Inventory Participate in New Product Transfers as required, running budgeting/forecast process, recommending spending initiatives by modeling alternative financial scenarios (e.g. revenues, margin, cost etc.). Support operations continuous improvement and cost reduction project. Provide direction and be a mentor to Finance/Cost analysts, ensuring the finance team provides efficient and effective support to the manufacturing site and provide accurate and timely submissions to site, division & corporate. The base pay for this position is N/AIn specific locations, the pay range may vary from the range posted. JOB FAMILY:General / Shared Services DIVISION:EP Electrophysiology LOCATION:Mexico > Queretaro : Avenida FINSA 156, Lote 12 ADDITIONAL LOCATIONS: WORK SHIFT:Standard TRAVEL:Yes, 5 % of the Time MEDICAL SURVEILLANCE:Not Applicable SIGNIFICANT WORK ACTIVITIES:Not Applicable