Finance Manager

2 weeks ago

Central Singapore Abbott Laboratories Full time

From essential vascular devices to next-generation technologies, our products are helping lay the foundation for better health outcomes every day. Minimally invasive treatments help speed recovery and let people get back to their daily activities faster with fewer complications, allowing healthier lives for millions of people worldwide.

JOB PURPOSE AND KEY RESPONSIBILITIES


Responsible for coordinating and controlling the full range of FP&A and accounting functions within the Abbott Vascular business for Singapore, Malaysia and Brunei.

Plans, organizes and directs timely and accurate preparation of financial and regulatory reports for management, regulators and / or other external constituencies such as reports on earnings, profits, cash balances, taxation and other financial matters.


Core Job Responsibilities:

  • Responsible for coordinating and controlling the full range of FP&A and accounting functions within the Abbott Vascular business for Singapore, Malaysia and Brunei.

    Plans, organizes and directs timely and accurate preparation of financial and regulatory reports for management, regulators and / or other external constituencies such as reports on earnings, profits, cash balances, taxation and other financial matters.

  • Works proactively with country manager to manage daytoday finance tasks and operations; delivers actionable analysis and insight for decision making and value creation.
  • Performs forwardlooking adhoc analysis, such as project and strategy evaluation, benchmarking, price/volume mix, scenario analysis, etc. Actively contributes to enhancing analytical methodology.
  • Works closely with country manager to prepare, attend, minute, and track follow up items regarding performance and strategy meetings. Takes initiative to bring relevant financial issues to the attention of his/her relevant stakeholders.
  • Collaborate with Supply Chain Manager to oversee inventory management function through business and external logistics vendors. Safeguard financial risk and exposure through the active management of demand planning, forecasting and consignment inventory levels and expiry status.
  • Initiates and leads various cross function, divisional, and country finance improvement projects to realize lean and efficient reporting, scenario analysis, financial planning processes, business cases, and continuous process improvements.
  • Understands systems and tools. Ensures quality, accuracy, and integrity of information produced and stored in AV systems.
  • Provides guidance to financial and nonfinancial stakeholders on FP&Arelated matters; also provides formal and informal training related to finance processes, systems, tools, and reports.
  • Contributes to the development and monitoring of budget through regular analysis and active control of cost and spending.
  • Ensure compliance with local and Abbott policies and procedures. Provides training and guidance to internal and external stakeholders on compliance requirements.
  • Owns all audit outcomes and drives the relevant people responsible in the organization to close out corrective actions and maintain high level of audit compliance.
  • Provides ad hoc support and solutions to meet local and HQ business decision making, planning and reporting requirements.
  • Motivate and develop staff (if applicable).

Requirements:

  • Identify the knowledge, expertise, educational level, specific skills needed to perform this job effectively (leadership skills,product/industry knowledge, selling skills, computer literacy, professional certification etc.)
  • Minimum 58 years of experience in finance/accounting at a senior level with evident success. Experience in leading a team of finance professionals (for managerial level).
  • Experience gained in multinational medical device companies will be an advantage.
  • Financial/Accounting tertiary qualification to degree/diploma level or professional accounting qualification essential.
  • Knowledge of local country regulations and Abbott Financial Policies and Procedures
  • Understanding Planning and Reporting processes
  • Handson with systems and tools, eg. SAP, Hyperion, Excel, Powerpoint

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