Senior Financial Commodity Analyst (FP&A)

Working at Abbott

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®, and Glucerna® – to help them get the nutrients they need to live their healthiest lives.

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.
• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
• An excellent retirement savings plan with a 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 worldwide 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

This position works out of our Abbott Park, IL location in the Nutrition Division.

As a part of the Global Supply Chain Finance organization, this role provides global market analysis and negotiation support to Abbott Agriculture and Nutrition Purchasing Category spend. This position must stay well-versed on macro + micro economic trends and their impact on material costs. The position will have the authority to update systems, assemble detailed spend analyses from various global locations, update Sr. level financial personnel, issue reports (up to CFO), and modify long range project plans based on various analyses and research.

Accountability and Scope

• This position is an individual contributor reporting to the Sr. Finance Manager, AN Supply Chain FP&A.
• Position participates / presents market positions and/or price models, in key supplier negotiations. The position will routinely work with divisional finance (up to and including division controllers) as well as interact with Director levels on a routine basis.
• Communications and reports will be intended for Sr. Level Management including DVPs, and CFO.
• Externally, the position will interface with various sources for market data, benchmarking, and validation.

What You’ll Work On

• Conduct detailed spend analysis on key categories of spend regionally.
• Conduct comprehensive market research on specific commodity markets to forecast impacts to AN direct material spend.
• Establishing critical financial targets for commodity pricing + Purchase Price Variance (PPV) performance
• Update Abbott systems to reflect appropriate variables for financial cycles.
• Be the resident expert on all electronic system applications such as Essbase and PowerBI.

Required Qualifications

• BA / BS required in economics, finance, mathematics, or business. This position should have a minimum of 2 years in Finance or Purchasing / Sourcing related experience.

MISC:

• This is an on-site role - not a remote role.
• There is no relocation provided for this role.

Apply Now

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com

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 and @AbbottGlobal.

The base pay for this position is $75,300.00 – $150,700.00. In specific locations, the pay range may vary from the range posted.