JOB DESCRIPTION:

Job Description:

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 will have access to:

• Career development with an international company where you can grow the career you dream of.

• 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.

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®, Pedia Sure®, Pedialyte®, Ensure®, Glucerna® and Zone Perfect® – to help get the nutrients they need to live their healthiest life.

MAIN PURPOSE OF ROLE

This position is responsible for developing, implementing and maintaining an effective business partnering capability that will provide Business Units with timely and appropriate support, financial information and analytical tools to manage performance of the Business Units. This position is the key contact for Business Units, especially for Marketing teams, and has the ability to influence decision making and assist with driving Business Units' performance.

MAIN RESPONSIBILITIES

• Lead the financial planning, analysis and overall due diligence related to business partnering

• Commercial Partnering: Providing finance support to Commercial partners (Marketing, E-commerce, CRM,...) in all aspects of Business Units such as Sales forecast, NPI, promotion ROI, initiative ROI, etc. to drive for strong business performance and sustainable growth

• Maintain the business unit P&L actuals and forecast. Integrate all business unit assumptions into the business unit P&L, and communicate in an efficient manner.

• Attend key business unit meetings to develop an understanding of the market dynamics, and act as the primary coordinator to the business unit for forecasting and financial analysis.

• Autonomously evaluate and analyze financial information and business trends to develop reconciliations, variance explanations, risk assessments, and solutions. Provide financial advice, counseling, and recommendation that significantly influence the decision-making process and direction of business unit leader.

• Develop and drive embedment of financial processes and tools (profitability analysis, LBE, ROI, sales discounts, etc.) for better control and predictability. Help institutionalize an “ROI mentality” across the organization.

• Maintain the pricing, discount & volume details and update accordingly based on business unit and trade input. Calculate sales volume, price, and standard margin variances of SKUs within the business unit. Explain variances based on marketing and trade feedback.

• Update and monitor market status of products within the business unit. Understand the impact of market dynamics, share, and innovation on the forecast assumptions. Ensure the business unit net sales forecast is based on measurable assumptions and is aligned to understanding of market dynamics.

• Evaluate margin impact related to investment decisions, pricing and promotions, and business development opportunities to the business unit leaders to support the making of decisions.

• Work with Finance Controller in controlling marketing and operating expenditures in line with company financial instructions. Maintain the details of marketing activities and reconcile to the expenditure forecast.

• Perform financial analysis on advertising and promotion programs to ensure optimum performance at lowest possible costs.

Track and monitor Trade budget utilization and assure compliance with defined company accounting principles within the business unit.

• Act as the single provider of relevant business unit data to the Finance Controller for consolidation into FP&A reporting including Plan, LBE, and long-term innovation forecasts. Provide explanation within the business unit for monthly reports including Sales Flash, MFR and quarterly D 6.0.

• Perform financial analysis to support the Demand Planning function during IFR & S&OP preparation. Set up automated templates & reports. Maintain or improve existing financial templates and reports.

• Carry special projects as directed by the Finance Controller.

SUPERVISORY RESPONSIBILITIES

1 dotted line report: Senior Financial Analyst (Pediatrics Category)

**MINIMUM BACKGROUND/ EXPERIENCE REQUIREDWork

Experience

Experience - Minimum 8 years

Experience Details

• Experience in in successful business partnering with functional colleagues that drove desired and outstanding business results and outcomes. Viewed as a Finance expert and trustworthy partner by colleagues.
• Good understanding of the FMCG/Healthcare industry is preferable

Education

Education Level - Bachelor

Field of Study*/ Qualification*

• Degree in Accounting or Finance

CORE Skills Required

Professional Skill

• Analytical skills
• Organization and planning skills
• Business acumen
• Communication skills
• Good attention to detail and technical knowledge

Behavioral / Leadership Skill

• Detail-oriented
• Time management
• Independence
• Flexibility

Language Skill

• Good command of English

Computer Skill

• MS Office

The base pay for this position is

N/A

In specific locations, the pay range may vary from the range posted.

JOB FAMILY:

Financial Planning and Analysis:

DIVISION:

ANI International Nutrition:

LOCATION:

Vietnam > Ho Chi Minh City : Me Linh Point Tower

ADDITIONAL LOCATIONS:

WORK SHIFT:

Standard

TRAVEL:

Not specified

MEDICAL SURVEILLANCE:

Not Applicable

SIGNIFICANT WORK ACTIVITIES:

Not Applicable