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- Tasks: Lead financial analysis and planning for UK operations and manage a multi-million dollar budget.
- Company: Abbott is a global leader in health, innovating for over 130 years to improve lives worldwide.
- 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 strategic financial direction in a supportive culture.
- Qualifications: Bachelor's degree in Accounting or Finance with experience in finance management and budgeting.
- Other info: Opportunity to work in a vibrant environment with a commitment to employee well-being.
The predicted salary is between 43200 - 72000 £ per year.
JOB DESCRIPTION:
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:
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Financial Direction and Guidance: Provide business and financial direction, advice, and guidance to the Site Management Team.
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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.
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Financial Planning: Ensure delivery to meet plan and work with management to deliver key strategic and simplification cost savings.
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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.
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Capital Budget Management: Manage an annual multi-million dollar capital budget or Operations and R&D.
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Financial Analysis: Formulate accurate P&L, balance sheet, and other ad-hoc financial analysis in a timely manner.
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Compliance: Ensure the Financial Planning and Analysis team carries out risk analysis to reduce financial risk to the business and provide risk mitigation processes.
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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.
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Inventory Management: Manage the process of daily inventory counting, reconciliation, and corrective actions over the site inventory.
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Team Leadership: Recruit, train, motivate, develop, and manage the performance of personnel within the Financial Planning and Analysis and Compliance teams.
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Deputize for Finance Director: Deputize for the Finance Director as required.
Qualifications:
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Education: Bachelor\’s Degree, preferably in Accounting or Finance.
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Experience:
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Experience in a finance-related field, planning, management accounting, or manufacturing role.
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Supervisory experience.
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Experience in Manufacturing Finance management, planning multiple business cycles, and managing budgets with senior managers.
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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.
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: ADC Diabetes Care LOCATION: United Kingdom > Witney : Production Facility ADDITIONAL LOCATIONS: WORK SHIFT: Standard TRAVEL: Yes, 5 % of the Time MEDICAL SURVEILLANCE: Not Applicable SIGNIFICANT WORK ACTIVITIES: Not Applicable #J-18808-Ljbffr
Strategic Finance Manager employer: Abbott
Contact Detail:
Abbott 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 mission. Understanding their commitment to health and innovation will help you align your responses during interviews, showcasing how your personal values resonate with theirs.
✨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, which can be beneficial for tailoring your approach.
✨Tip Number 3
Prepare to discuss specific financial strategies you've implemented in previous roles. Highlighting your experience in budget management and risk mitigation will demonstrate your capability to handle the responsibilities of a Strategic Finance Manager.
✨Tip Number 4
Stay updated on industry trends and challenges in healthcare finance. Being knowledgeable about current issues will allow you to engage in meaningful discussions during interviews, showing your proactive approach and expertise.
We think you need these skills to ace Strategic Finance Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Strategic Finance Manager position at Abbott. Understand the key responsibilities and qualifications required, so you can tailor your application accordingly.
Craft a Tailored CV: Highlight your relevant experience in finance, particularly in areas like budget management and financial analysis. Use specific examples that demonstrate your skills and achievements related to the responsibilities outlined in the job description.
Write a Compelling Cover Letter: In your cover letter, express your passion for strategic financial direction and how your background aligns with Abbott's mission. Be sure to mention why you are excited about the opportunity to work in a dynamic and innovative environment.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which is crucial for a finance role.
How to prepare for a job interview at Abbott
✨Understand Abbott's Mission
Before your interview, make sure you understand Abbott's commitment to health and innovation. Familiarise yourself with their products and services, as this will help you align your answers with the company's values and demonstrate your enthusiasm for the role.
✨Prepare Financial Scenarios
Given the financial focus of the Strategic Finance Manager role, be ready to discuss specific financial scenarios or challenges you've faced in previous positions. Prepare examples that showcase your skills in budget management, financial analysis, and risk mitigation.
✨Showcase Leadership Experience
As this role involves team leadership, be prepared to discuss your experience in recruiting, training, and managing teams. Highlight any successful projects where you led a team to achieve financial goals or improved processes.
✨Ask Insightful Questions
At the end of the interview, ask questions that show your interest in the role and the company. Inquire about the current financial strategies at Abbott, or how the finance team collaborates with other departments. This demonstrates your proactive approach and genuine interest in contributing to the company's success.
