Senior Financial Analyst

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, Glucerna and ZonePerfect – to help get the nutrients they need to live their healthiest life.

Primary Function:

• 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.

Major Responsibilities:

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 escalates 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.
• Work with key stakeholders for various analysis (ASP, DOH, DSO).
• Prepare 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.
• Owner of SG&A reconciliation and forecast of expenses, including variance analysis against LBE and Plan.

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 numbers in system tie out to management’s expectations.

Annual Costing Process

• Support the Financial Controller and work with key stakeholders (Area Finance, Demand and Supply) to ensure accurate costing (at SKU level).

Other Duties

• Submission of Transfer Pricing request and perform net cost enquiry to ensure timely costing of SKUs and conversion from A0 to A3 status in SAP.
• Support the organization to drive strategic projects.
• Ad hoc analysis as required.

Requirements:

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

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.

The base pay for this position is N/A.

JOB FAMILY:

Financial Planning and Analysis

DIVISION:

ANI International Nutrition

LOCATION:

Singapore > Singapore : DUO Tower

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).