Finance Director- Commercial

Abbott

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profile Job Location:

Karachi - Pakistan

profile Monthly Salary: Not Disclosed
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

JOB DESCRIPTION:

AboutAbbott

Abbottis a globalhealthcareleader creating breakthrough science to improve peoples health. Were always looking towards the future anticipating changes in medical science and technology.

Working atAbbott

AtAbbott 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:

  • Careerdevelopmentwith 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.

AboutEstablishedPharmaceuticals- We are committed to bringing the benefits of our trusted medicines to more people in the worlds fastest-growing countries. Ourbroadportfolioofhigh-quality and differentiated branded generic medicines reaches across multiple therapeutic areas including gastroenterology womens healthcardiometabolicpainmanagement/central nervous system and respiratory.

Finance Director-Commercial

Abbott Established Pharmaceutical Division is looking for a Finance Director-Commercial to be based in Pakistan.

As a key business partner to the General Manager lead and execute EPD Pakistan Financial and Business Strategy to drive Business growth and profitability in line with Division expectations. As Finance lead of $150MM business size provide active support to all Commercial leaders in achievements of Sales Margins Cash Flow NPIs Pricing CAPEX and cost/margin improvement targets. The position is accountable for all business and financial goals while ensuring compliance to Financial Controls consistent with Division and Area guidelines. The position is also responsible to lead Demand Planning function manage supply risks and lead S&OP processes (BEX function) in compliance with Global BEX/Class A guidelines.


What Youll Do-
As Finance Lead and member of Executive Team drive business growth and profitability in line with Division targets and market expectations ensuring compliance to Division guidelines and Financial policies
Provide financial leadership as business partner to GM in affiliate S&OP NPI forum METAP region S&OP Plan/LBEs reviews Sales reviews and Business Reviews with area and Division team
Establishing maintaining and controlling financial planning analysis & reporting processes to deliver meaningful and comprehensive Plans/Budgets and LBEs assuring compliance with Division requirements
Contribute to the development of financial strategies for EPD division that align with the organizations overall vision and its current and long-term business objectives.
Manage Plan LBE & Update cycle and ensure timely and accurate submission of all schedules. Ensure timely and accurate financial forecasting and reporting (Local Region Area etc.)
Lead Division and Corporate strategic initiatives such as Margin & Profitability (M&P) programs cost saving cash flow NPIs and other value creation initiatives in collaboration with all stakeholders.
Drive Pricing strategy with Regulatory and Market Access to ensure sustainable business profitability
As member of Affiliate Compliance Committee (ACC) ensure compliance to ACC Charter in collaboration with Business partners
Manage Corporate and local Audits ensure timely remediation of gaps if any
Provide leadership to Demand Management Function to ensure ADS publication based on robust forecasting processes in line with affiliate targets while managing risks and optimizing on opportunities
Ensure affiliate maintains and continuously improve on S&OP processes to meet Class A & Division BEX standards
Work in collaboration with Commercial Operations CFS Compliance HR and Area & Division team
Develop talent pipeline of Finance and Demand professionals

Required Qualifications
Education: Masters degree or Professional Qualification like ACA CIMA
Years of experience both overall and any industry-specific experience needed: 12 to 15 years of Financial Accounting Management Accounting Commercial partnering (FP&A) Compliance & Audit Demand Planning and S&OP process experience in leadership position in a multinational environment or a company of national repute.
Experience in dealing with international accounting issues including exchange and Entity Financial Planning along with Commercial exposure
Internal control/auditing experience.
Exposure to and working knowledge of the other functions such as: information Technology Commercial supply Chain andManufacturing/Operations
Experience in Tax Treasury costing accounting.
Experience in managing and leading an organization

Competencies Required
Strong Business acumen
Effective Communication skills
Financial acumen and analytical skills
Interpersonal and leadership skills
Internal Contacts
All Departments of EPD business Plant Team CFS CHR
External Contacts
Distributors Pharmacies
Auditors
Regional office Area office
Sensitive/ Confidential Data Handled
P&L
Product Net Cost
Investment details
Financial Results
New Product Launches and Projects
Headcount Data
Statutory Results
All Stock Price Sensitive data

Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer committed to employee diversity.

Connect with us aton LinkedIn at at on Twitter@AbbottNews.

The base pay for this position is

N/A

In specific locations the pay range may vary from the range posted.

JOB FAMILY:

Financial Planning and Analysis

DIVISION:

EPD Established Pharma

LOCATION:

Pakistan > Karachi : Plot No ST-2;KDA Scheme

ADDITIONAL LOCATIONS:

WORK SHIFT:

Standard

TRAVEL:

Not specified

MEDICAL SURVEILLANCE:

Not Applicable

SIGNIFICANT WORK ACTIVITIES:

Not Applicable


Required Experience:

Director

JOB DESCRIPTION:AboutAbbottAbbottis a globalhealthcareleader creating breakthrough science to improve peoples health. Were always looking towards the future anticipating changes in medical science and technology.Working atAbbottAtAbbott you can do work that matters grow and learn care for yourself...
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Key Skills

  • Accounting Software
  • Forecasting
  • Ellucian
  • Financial Report Writing
  • GAAP
  • Accounting
  • Corporate Finance
  • Financial Analysis
  • Financial Modeling
  • Budgeting
  • Financial Management
  • Financial Planning

About Company

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WHO WE ARE CREATING LIFE-CHANGING TECHNOLOGY From removing the regular pain of fingersticks as people manage their diabetes to connecting patients to doctors with real-time information monitoring their hearts, from easing chronic pain and movement disorders to testing half the world’s ... View more

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