EP Operations Finance Controller

Abbott Laboratories · Foster City · $130,700–$261,300 (stated in the posting)

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Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 122,000 colleagues serve people in more than 160 countries.

EP Operations Finance Controller

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 115,000 colleagues serve people in more than 160 countries.

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll 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 a high employer contribution

• Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.

• A company recognized as a great place to work in dozens of countries worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

This position works out of our Sylmar, CA location in the Electrophysiology Medical Device division. In Abbott’s Electrophysiology (EP) business, we’re advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives.

The Operations Finance Controller, as a member of the site finance team, provides leadership in the design, maintenance and evaluation of all financial activities for the site in accordance with established plant, division and corporate policies.  Provides guidance in setting strategic direction and designing business plans to achieve the long-term mission of the site.

• The position influences Manufacturing, Quality, and Materials Management through budget decisions, financial training, financial recommendations, and general business guidance.
• Interacts with the Site Operations team through presentations of financial plans/analyses/strategies and is responsible for representing finance in these plant discussions.
• In conjunction with the Site Operations team, sets the appropriate financial direction ensuring the proper reflection of financial results and forecasts
• Facilitates proper reporting, analysis and monitoring of actual results across manufacturing organizations
• Coordinate, consolidate and generally manages the development of plans for the site including standards, LBE’s and capital budgets
• Prepares annual cost standards for existing and new products
• Assures compliance to all relevant GAAP, Sarbanes-Oxley regulations, as well as Corporate and divisional policies and procedures.
• Facilitates development and deployment of processes and tools to enable improved budget planning and monitoring across all organizations
• Develop and deploy financial awareness and education programs to plant employees

What You'll Work On

The major duties and responsibilities are to provide a system of internal control to safeguard assets, assure the accuracy and reliability of financial data, promote operational efficiency and assure adherence to established division and corporate policies and procedures.  Monitor maintenance of sound financial procedures and systems in the following areas:

• Financial Planning and Analysis
• Monthly close for P&L and balance sheet
• Product Standard Costing
• Production/Inventory Control Data
• Capital/RCE Investment Analysis and Control
• Fixed Asset Control

Required Qualifications

• Bachelors’ Degree in Finance/Accounting
• 7+ years combined General Accounting
• Strong PC skills. Can use the major office-based software programs, e.g. Excel, PowerPoint, SAP, Power BI etc.
• Excellent communication (both oral and written) & interpersonal skills as considerable personal contact is required with all levels of plant management, as well as a variety of people both within and outside the organization
• Must be results oriented, self-starter/motivated, a strong managerial background with good business sense

Preferred Qualifications

• A background in manufacturing accounting is preferred, specifically in cost accounting, planning and analysis and manufacturing systems
• Commercial Experience in Financial Planning, Reporting and Analysis preferred

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:  www.abbottbenefits.com

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 www.abbott.com, on Facebook at www.facebook.com/Abbott, and on X @AbbottNews.

The base pay for this position is $130,700.00 – $261,300.00. In specific locations, the pay range may vary from the range posted.

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