Finance Manager
Westford, MA - USA
Job Summary
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. Youll also have access to:
- Career development with an international company where you can grow the career you dream of
- Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year
- An excellent retirement savings plan with high employer contribution
- Tuition reimbursement the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelors degree
- 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
As the Finance Manager for Abbotts Westford Manufacturing Operations you will serve as a key financial partner to the Site Controller and the broader plant management this role you will lead day-to-day operational finance activities drive plant-level financial planning and deliver deep analytics to optimize manufacturing performance. You will actively collaborate with Manufacturing Quality Assurance Engineering and Supply Chain leadership to turn financial insights into measurable productivity improvements and cost savings.
What Youll Work On
Financial Planning Analysis & Cost Accounting
- Plan Management:Coordinate consolidate and manage the development of site financial plans including Latest Best Estimates (LBEs) standard cost-setting and capital expenditure (CapEx) budgets.
- Costing & Standards:Prepare annual cost standards for existing and newly introduced products at the Westford site.
- Performance Measurement:Develop and implement financial and operational measurement tools in partnership with plant operations to drive productivity and customer service improvements.
- Margin Optimization:Facilitate unit cost savings and site-wide cost reduction forums to improve gross margins and rigorously monitor progress against commitments.
Financial Stewardship & Compliance
- Data & Analytics:Gather analyze and interpret accounting and operational data to present meaningful variance reporting and actionable recommendations to the Site Controller and plant management.
- Compliance Assurance:Guarantee strict compliance with US GAAP Sarbanes-Oxley (SOX) regulations and all corporate and divisional financial policies.
- Audit Support:Support the Site Controller as a key point of contact for internal/external financial audits and corporate compliance reviews.
- Systems Data & Process Improvement
- ERP Optimization:Leverage SAP and advanced financial analysis tools to ensure accurate inventory tracking precise product costing and streamlined financial reporting.
- Process Excellence:Drive the automation standardization and simplification of site finance processes to increase reporting efficiency and maintain data integrity.
- Team Leadership & Collaboration
- Team Development:Supervise mentor and develop site finance team members promoting a culture of accountability and continuous professional growth.
- Cross-Functional Partnership:Build trusted relationships across all levels of plant management (Operations QA Supply Chain Engineering) to foster a culture of shared financial stewardship.
Required Qualifications
- Bachelors degree in Finance Accounting or a related business field.
- 7 years of progressive finance or accounting experience with a heavy emphasis on manufacturing finance and operational cost accounting.
- Robust proficiency with ERP systems (SAP preferred) and advanced financial analysis/modeling tools.
- Excellent oral and written communication skills with a demonstrated ability to influence operational partners and present financial data clearly to senior leaders.
- Results-oriented self-starter with strong business acumen and a continuous improvement mindset.
Preferred Qualifications
- Proven supervisory or team management experience.
- Experience working in highly regulated manufacturing environments (e.g. medical devices pharmaceuticals or healthcare manufacturing) is strongly preferred.
Learn more about our health and wellness benefits which provide the security to help you and your family live full lives:
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer committed to employee diversity.
Connect with us at on Facebook at and on Twitter @AbbottNews and @AbbottGlobal
The base pay for this position is
$99300.00 $198700.00In specific locations the pay range may vary from the range posted.
Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
EEO is the Law link - English: EEO is the Law link - Espanol: Experience:
Manager
About Company
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