Job Information
Abbott Senior Financial Analyst in Cootehill, Ireland
About Abbott
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.
Abbott in Ireland
Abbott has been operating in Ireland since 1946 and serves the Irish market with a diverse range of healthcare products including diagnostics, diabetes care, medical devices and nutritional products. In Ireland, Abbott currently employs about 6,000 people across ten sites located in Dublin, Donegal, Clonmel, Cootehill, Galway, Kilkenny, Longford and Sligo.
Abbott Ireland Nutrition Division Cootehill Cavan
Abbott Nutrition produces a range of infant formulae in all pack sizes under the brand name “Similac”. To complement the range of “Similac” infant formulae, the facility also manufactures a range of follow on formulae under the brand name of “Gain”. The essential ingredient is liquid skim milk and this is combined with carbohydrate, vegetable oils, vitamins and minerals. The product is blended, pasteurised, dried and packaged at the site and once packaged, is distributed to Europe, South East Asia, the Middle East, Latin America and Canada.
Established in 1975, Abbott Nutrition in Ireland is the largest powder manufacturing facility for the production of infant formulae within the Abbott Corporation worldwide. Approximately 1,000 dairy farms in Ireland and Northern Ireland supply quality milk to the Cootehill facility which processes 500,000 litres per day. This secure supply together with Ireland’s reputation as a green, clean environment is of significant strategic importance to Abbott Nutrition.
Role Purpose:
This is a great opportunity to join a market leader within the Nutrition Manufacturing Industry and work in a dynamic global environment. For this role, you will ideally have 5+ years of relevant multinational experience in a manufacturing environment. The key scope of this role is to manage the day to day running of the finance department and to lead the generation of monthly management accounts, doing all of this is a fast paced environment and working to tight deadlines. You will partner with business leaders and lead the reporting function on key metrics including plan variances. The successful candidate will play a key role in reporting critical finance activities including Planning and LBE Process.
Responsibilities include:
Monthly Accounts:
Prepare and report monthly management accounts and manufacturing dashboards
Performance analysis on financial results, identify trends and highlight issues by liaising with department managers on a regular basis .
CIP analysis, tracking and reporting.
Business Planning:
Support the preparation of the annual plan, quarterly LBEs and associated submissions as required
Responsible for setting variable and fixed departmental spend budgets
Prepare value stream Financial Statements and Flash Reports
Provide information to set CIP targets
Calculation of Standard and System Costs for the plant and cascading as required.
Financial and Corporate Reporting and Control
Prepare and issue all reports required by Nutrition Division on a timely basis
Prepare monthly updates to Operations Business Plan
Detailed knowledge of Corporate accounting standards and worldwide procedures
Maintain and implement internal control procedures relevant to areas of responsibility
Business Partnering
Responsibility for grants claims
Business Partner to OPex and support functions
Management of RCEs and annual capital budget in conjunction with engineering
Support the validation of financial benefits for proposed financial projects
Business Teams:
Be a value-adding member of the Manufacturing & Multifunctional Business Teams
Develop financial awareness of all members in cross-functional teams
Continuous Improvement Focus
Sox & Internal Controls
Support and manage any requirements from External and Internal auditors
Ensure all accounting and reporting procedures comply with SOX and internal control guidelines
Other Duties:
Deputise in the absence of the Financial Controller
Perform any other duties as required from time to time
Conduct business in a manner that will protect human health, safety and the environment by complying with all applicable EHS laws, as well as the Abbott Global and Technical Standards.
Supervisory/Management Responsibilities
- Indirect Supervision and Co-ordination of the Finance team on behalf of the Controller.
Education Required
- Qualified ACCA, ACA or CIMA or equivalent
Knowledge and skills
5 years PQE in a management position in a Manufacturing environment.
SAP Experience preferable
Previous experience working with a Shared Service Centre is an advantage
Excellent financial analysis skills & strong attention to detail
Proven ability to prioritize objectives and duties
Demonstrate strong leadership competencies
Excellent communication and interpersonal skills
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