Job Description

JOB DESCRIPTION:
About Abbott
Abbott is a global healthcare leader, creating breakthrough science to improve people's health. We're always looking towards the future, anticipating changes in medical science and technology.
Our nutrition business develops science-based nutrition products for people of all ages, from helping babies and children grow, to keeping adult bodies strong and active. Millions of people around the world count on our leading brands - including Similac, PediaSure, Pedialyte, Ensure and Glucerna - to help get the nutrients they need to live their healthiest life.
Minimum Education Requirements
Bachelor Degree in Accounting, Finance or Business
Minimum Experience Required

• Minimum 7 years of relevant experience in financial planning and analysis (FP&A) / business partnering with strong financial understanding and modeling skills
• Experience in Audit or Big Four would be advantageous.

Job Purpose
The role will be primarily responsible for Financial Planning and Analysis (FP&A) deliverables relating to month end close (MEC) and rolling latest best estimate (RLBE) process.
In addition, this role will support Abbott Nutrition Singapore Finance Controller in driving process improvement within Finance workstream and commercial operations.
Job Accountability/ Scope
Month-end Close (MEC) Process

• Ensure timely and accurate record of financial information and provide analysis of variance to LBE and Plan, supporting the Singapore Nutrition division
• Creates variance analysis reports and financial models
• Leads real-time financial performance monitoring and escalate issues to management
• Prepares monthly financial reports to management
• Ensure timely distribution of cost center reports to respective budgetary owners.
• Prepare schedules (such as P&L estimates, CBEC, E-commerce) in conjunction with MEC process for reporting to Area
• Working with key stakeholders for various analysis (ASP, DOH, DSO)
• Preparation of Workbook (for various cycles) for submission to Area
• Monthly reconciliation of Actual vs LBE / Plan to analyze the gaps and propose mitigation plan
• Regular review (at least quarterly) of Balance Sheet to ensure timeliness and accuracy of record
• Provide oversight on Gross-to-Net Process to Trade team and perform monthly reconciliation against GL balance.

RLBE Process

• Planning and budgeting process (Full P&L and Balance Sheet) for ANI Singapore Affiliate
• Detailed planning of P&L at SKU and GL account level while having the ability to summarize analysis to management.
• Preparation of schedules (such as 5-factors chart, Brand P&L) required by Area / Division.
• Preparation of load files to Host Analytics and ensure number in system ties out to management's expectation.

Other Duties

• Submission of Transfer Pricing request and perform net cost enquiry to ensure timing costing of SKUs and conversion from A0 to A3 status in SAP
• Ad hoc analysis as required

Competency

• Strong financial acumen with solid business partnering background to translate strategic goals and initiatives into effective financial interpretation to support and delivery of goals and initiatives.
• Strong communication and stakeholder management skills, experience in interfacing between functional departments
• Able to translate strategic goals and initiatives into effective financial interpretation to support and delivery of goals and initiatives.
• Good understanding and experience of business processes in a global organization
• Analytical thinking and ability to simplify complex processes to improve efficiency.
• Continuous improvement mindset to look for efficiencies.
• Integration and change management skills and hands on experience preferred.

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: ANI International Nutrition
LOCATION: Singapore
Singapore : DUO Tower
ADDITIONAL LOCATIONS:
WORK SHIFT: Standard
TRAVEL: Not specified
MEDICAL SURVEILLANCE: Not Applicable
SIGNIFICANT WORK ACTIVITIES: Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)

Skills Required