Finance Supervisor

at Abbott in Lake Forest, Illinois, United States

Job Description

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.

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.

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and 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 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 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 a best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

This position works out in our facility of Lake Forest IL, in the Diagnostics Division.

We’re empowering smarter medical and economic decision making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people.

What You’ll Work On

Core Lab Diagnostics has a new opening for a Finance Supervisor, Capital Planning within the Operations Finance Headquarters team. This role will be responsible for leading the overall capital planning process for the business, which includes the Annual Plan, quarterly Latest Best Estimates (LBEs), Organic Execution Model (OEM), and analysis of monthly Actuals. This role offers a unique opportunity to interact with all functions of the Core Lab Diagnostics business (Commercial, Operations, Quality, and R&D), in addition to Corporate FP&A.

Major Responsibilities Include

+ Lead the end-to-end capital planning process (Annual Plan / LBEs) for Core Lab Diagnostics from the development of the calendar of deliverables to the submission of Corporate schedules to Division Finance Headquarters.

+ Partner with the Capital Planning organization to lead the OEM process for capital. This includes working with each organization to understand and consolidate their capital needs for the upcoming years, reviewing executive-ready one page updates for major projects, and creating the presentation deck for review with division management.

+ Analyze monthly Capital Expenditure Actuals and prepare commentary on variance drivers versus the required benchmarks (Plan / LBE).

+ Support the broader Core Diagnostics organization in preparation of clear and concise RCEs to streamline the management approval process.

+ Complete various ad hoc analysis and support as needed to effective management decision making.

Required Qualifications

+ Bachelor’s Degree in Accounting or Finance

+ 5-7 years of progressive Accounting/Finance experience

+ Prior experience with Symphony/SAP, HFM, and TM1 (or other financial planning system)

Preferred Qualifications

+ Excellent analytical, problem solving, and communication skills as this role interacts with multiple parts of the organization as well as division leadership

+ Ability to work in a dynamic, fast-paced environment

+ Demonstrated leadership skills with the ability to indirectly influence others

+ Highly motivated with a desire to innovate and drive meaningful process improvements

+ Strong Excel skills

  • 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: (

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 , on Facebook at and on Twitter @AbbottNews and @AbbottGlobal.

The base pay for this position is $83,000.00 – $166,000.00. 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

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Job Posting: JC254996556

Posted On: Feb 08, 2024

Updated On: Apr 04, 2024

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