Strategic Finance Manager

Strategic Finance Manager

Witney Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead financial analysis and planning for UK operations and manage multi-million dollar budgets.
  • Company: Abbott is a global leader in health innovation, serving customers in over 160 countries for 130 years.
  • Benefits: Enjoy a competitive salary, flexible benefits, private healthcare, and wellness initiatives like yoga and beekeeping.
  • Why this job: Join a dynamic team focused on innovation and make a real impact in healthcare finance.
  • Qualifications: Bachelor's degree in Accounting or Finance with experience in finance management and budgeting.
  • Other info: Opportunity to work in a supportive environment that encourages personal and professional growth.

The predicted salary is between 43200 - 72000 £ per year.

Join Abbott as a Strategic Finance Manager!

About Abbott

Abbott is about the power of health. For more than 130 years, Abbott has been helping people reach their potential — because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions — across the spectrum of health, around the world, for all stages of life. Whether it’s next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health.

Role Overview

As a result of strong business growth and a long-term commitment to innovation, we have a fantastic opportunity for a Strategic Finance Manager to join our expanding, highly skilled team. This role offers the successful candidate the opportunity to provide financial analysis and planning for UK Operations, UK Supply Chains Groups, UK Complaints, and UK Research and Development Management.

Key Responsibilities:

  • Financial Direction and Guidance: Provide business and financial direction, advice, and guidance to the Site Management Team.

  • Budget Management: Manage the process of setting and delivering an expenditure budget in excess of $ 150 million dollars for the ADC UK Site, including Research and Development.

  • Financial Planning: Ensure delivery to meet plan and work with management to deliver key strategic and simplification cost savings.

  • Risk Management: Meet monthly with management to ensure they keep within the financial plan and provide guidance to correct or mitigate areas of financial risk.

  • Capital Budget Management: Manage an annual multi-million dollar capital budget or Operations and R&D.

  • Financial Analysis: Formulate accurate P&L, balance sheet, and other ad-hoc financial analysis in a timely manner.

  • Compliance: Ensure the Financial Planning and Analysis team carries out risk analysis to reduce financial risk to the business and provide risk mitigation processes.

  • Internal Controls: Establish and maintain internal processes, procedures, and controls that ensure the integrity of financial assets and comply with Division/Corporate policies and procedures.

  • Inventory Management: Manage the process of daily inventory counting, reconciliation, and corrective actions over the site inventory.

  • Team Leadership: Recruit, train, motivate, develop, and manage the performance of personnel within the Financial Planning and Analysis and Compliance teams.

  • Deputize for Finance Director: Deputize for the Finance Director as required.

Qualifications:

  • Education: Bachelor\’s Degree, preferably in Accounting or Finance.

  • Experience:

    • Experience in a finance-related field, planning, management accounting, or manufacturing role.

    • Supervisory experience.

    • Experience in Manufacturing Finance management, planning multiple business cycles, and managing budgets with senior managers.

Why Abbott?

In addition to a competitive salary, Abbott offers a highly attractive benefits package which includes a defined-contribution pension scheme, a share ownership scheme, private healthcare, life assurance, and a flexible benefits scheme which you can tailor to your own requirements. Here at Witney, we also like to help our employee’s live life to the fullest, and therefore we offer a range of optional initiatives for you to get involved in, including couch to 5k campaigns, beekeeping, yoga, and more!

How to Apply

If you are passionate about providing strategic financial direction and are excited about the opportunity to work in a dynamic and innovative environment, we would love to hear from you. Please submit your application, including your CV and a cover letter, detailing your relevant experience and why you are the ideal candidate for this role.

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Strategic Finance Manager employer: Abbott Laboratories

Abbott is an exceptional employer that prioritises the health and well-being of its employees while fostering a culture of innovation and collaboration. Located in Witney, the company offers a competitive benefits package, including a defined-contribution pension scheme, private healthcare, and unique wellness initiatives such as yoga and beekeeping, ensuring a fulfilling work-life balance. With ample opportunities for professional growth and development, Abbott empowers its team members to thrive in their careers while contributing to meaningful advancements in healthcare.
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Contact Detail:

Abbott Laboratories Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Strategic Finance Manager

✨Tip Number 1

Familiarise yourself with Abbott's core values and recent innovations in healthcare. Understanding their mission and how they operate will help you align your answers during interviews and demonstrate your genuine interest in the company.

✨Tip Number 2

Network with current or former employees of Abbott, especially those in finance roles. They can provide valuable insights into the company culture and expectations for the Strategic Finance Manager position, which can give you an edge in your application.

✨Tip Number 3

Prepare to discuss specific financial strategies and tools you've used in previous roles. Be ready to share examples of how you've managed budgets, conducted financial analysis, or mitigated risks, as these are key responsibilities of the role.

✨Tip Number 4

Stay updated on industry trends and challenges in healthcare finance. Being knowledgeable about current issues can help you engage in meaningful discussions during interviews and show that you're proactive and well-informed.

We think you need these skills to ace Strategic Finance Manager

Financial Analysis
Budget Management
Risk Management
Capital Budget Management
Internal Controls
Inventory Management
Team Leadership
Strategic Planning
Compliance Knowledge
Management Accounting
Communication Skills
Analytical Skills
Problem-Solving Skills
Supervisory Experience

Some tips for your application 🫡

Understand the Role: Read the job description thoroughly to understand the key responsibilities and qualifications required for the Strategic Finance Manager position. Tailor your application to highlight how your experience aligns with these requirements.

Craft a Compelling Cover Letter: Write a cover letter that not only outlines your relevant experience but also demonstrates your passion for strategic financial management. Use specific examples from your past roles to illustrate your skills and achievements.

Highlight Relevant Experience: In your CV, focus on your experience in finance-related fields, particularly in planning, management accounting, and budget management. Make sure to include any supervisory experience and your ability to manage large budgets.

Showcase Your Leadership Skills: Since the role involves team leadership, emphasise your experience in recruiting, training, and managing teams. Provide examples of how you have motivated and developed personnel in previous positions.

How to prepare for a job interview at Abbott Laboratories

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a Strategic Finance Manager. Familiarise yourself with financial analysis, budget management, and risk management as these are key aspects of the role.

✨Prepare Relevant Examples

Think of specific examples from your past experience that demonstrate your skills in financial planning and team leadership. Be ready to discuss how you've managed budgets or led teams in previous roles.

✨Research Abbott

Learn about Abbott's mission, values, and recent developments in their business. Showing that you understand their commitment to health and innovation will impress the interviewers.

✨Ask Insightful Questions

Prepare thoughtful questions to ask at the end of the interview. This could include inquiries about the company's future projects or how the finance team collaborates with other departments. It shows your genuine interest in the role and the company.

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