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Job Information

Abbott Site Controller in Princeton, New Jersey

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 114,000 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.

  • Free medical coverage for employees* via the Health Investment Plan (HIP) PPO

  • An excellent retirement savings plan with a high employer contribution

  • Tuition reimbursement, the Freedom 2 Save (https://www.abbott.com/corpnewsroom/strategy-and-strength/tackling-student-debt-for-our-employees.html) student debt program, and FreeU (https://www.abbott.com/corpnewsroom/strategy-and-strength/college-degree-for-free-its-possible-with-freeu.html) 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 around the world 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

Abbott Point of Care is a global leader in providing critical medical diagnostic and data management products for rapid blood analysis that are intuitive, reliable, and cost-effective. Our i-STAT System is an advanced, portable diagnostic tool that provides real-time, lab-quality results within minutes to accelerate patient-care decision-making. The i-STAT System has the industry’s most comprehensive menu of tests in a single, with-patient platform, including tests for blood gases, electrolytes, chemistries, coagulation, hematology, glucose, and cardiac markers. By delivering lab-quality results in minutes, our i-STAT System fosters a collaborative, patient-centered environment while driving improved operational performance.

Our Princeton, NJ headquarters has an opportunity for a Site Controller . This role provides financial counsel and support to Manufacturing and Supply Chain senior staff members. Financial counsel and support are provided via the following specific activities: financial planning & analysis, financial reporting & analysis, cost and general accounting, and internal control. The incumbent's primary function is to execute the full range of controllership responsibilities for Princeton Manufacturing and Supply Chain while 1) ensuring timeliness, accuracy, and integrity of all financial information and 2) providing for compliance with Corporate and Division financial policies and procedures. Reporting directly to the APOC Finance Director Operations with operational responsibility to the business function Vice Presidents.

What You’ll Work On

  • Responsible for the full range of financial disciplines involving entity reporting; planning; and financial consolidation impacting the Princeton site Manufacturing Operations and Division Supply Chain.

  • Entity and financial planning include general ledger and cost accounting, tax, and ensuring compliance with applicable accounting policies/procedures.

  • Key financial partner/counsel to the Director Manufacturing, Princeton, and other senior staff including provider of financial advice and input for strategic business initiatives geared towards ensuring site success and positioning for future state long-range planning and analysis.

  • Collaborate with Supply Chain and Manufacturing Operations to forecast and track to benchmarks key cash flow drivers, such as Inventory and Accounts Payable.

  • Participate and own the financial portion of the Integrated Business Planning process which supports the monthly updates, 36-month P&L, rolling Latest Best Estimate (rLBE), and APOC Organic Execution Model (OEM). Functional areas include Princeton Manufacturing and Division Supply Chain.

  • General oversight and financial guidance to personnel at the site supporting Manufacturing, TPM (Third Party Manufacturer) Instrument Manufacturing, and the Service organization.

  • Oversee the fixed asset accounting, asset tracking, and forecasts for the Princeton site including Operations, IT, Commercial, and R&D.

  • Financial analysis and support in both the generation of gross margin improvement projects and ongoing tracking against targets for Operations.

  • Perform analysis related to strategic business objectives being contemplated, such as: make vs. buy; capital acquisitions; ROI; lease accounting; economic profitability; and regular participation in the daily decision-making process.

  • Motivate and develop financial staff through leadership; training, guidance, and setting clear expectations of the finance organization's role in support of the business strategies.

  • Ensure adequate internal controls are established/maintained. This entails not only compliance to established Abbott financial policies and procedures, but also to Abbott's Code of Conduct and the Foreign Corrupt Practices Act guidelines.

  • Support the FP&A functions as a key contributor to APOC Finance leadership.

Required Qualifications

  • B.A./B.S. in Finance or Accounting.

  • 7 or more years of diverse financial experience including manufacturing accounting, operations support, financial planning and analysis, general accounting, internal control/audit, project accounting support, and ad hoc analysis.

  • 4 or more years in a managerial position or role in Finance.

  • Strong organization, interpersonal, communication, and management skills (persuasiveness and negotiation) are key. A highly organized individual capable of interfacing with individuals in a variety of senior management positions/levels.

  • Must have the ability to balance the needs of the organization when conflicting goals may exist. Demonstrate the ability to evaluate the tasks at hand and prioritize appropriately.

  • Forward-thinking for effective strategic business planning is a must.

  • Strong knowledge of accounting and finance principles with the ability to apply this knowledge to support business needs

  • Ability to prioritize; strong organizational and planning skills; strong intellectual curiosity.

  • Must thrive in a fast-paced and dynamic company environment.

  • Strong financial modeling skills and business acumen, with the ability to drive projects from start to finish.

Preferred Qualifications

  • An advanced degree (MBA, CPA, and/or CMA) is desirable.

  • Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com (http://www.abbottbenefits.com/pages/candidate.aspx)

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 Twitter @AbbottNews.

The base pay for this position is $109,300.00 – $218,700.00. In specific locations, the pay range may vary from the range posted.

An Equal Opportunity Employer

Abbot welcomes and encourages diversity in our workforce.

We provide reasonable accommodation to qualified individuals with disabilities.

To request accommodation, please call 224-667-4913 or email corpjat@abbott.com