Commercial Finance Manager

Summary about this job

Detail information about job Commercial Finance Manager. Terms and conditions vacancy

• Fantastic opportunity - Challenging and Exciting role!
• Attractive salary package and benefits
• Join a renowned Healthcare Company - Leader in the Field

Abbott is a global healthcare company devoted to improving life through the development of products and technologies that span the breadth of healthcare. At Abbott, we're committed to helping people live their best possible life through the power of health. For more than 125 years, we've brought new products and technologies to the world -- in nutrition, diagnostics, medical devices and branded generic pharmaceuticals -- that create more possibilities for more people at all stages of life. Today, 99,000 of us are working to help people live not just longer, but better, in the more than 150 countries we serve.

An exciting opportunity has arisen for an experienced and enthusiastic Commercial Planning Manager to provide high-level decision support, support reporting, forecasting and analysis processes for the Electro-Physiology (EP) business unit within our Cardiac Arrhythmias & Heart Failure (CAHF) division.

Responsibilities:

Planning, Forecasting and Reporting

• Perform financial reporting and standardised Abbott CAHF financial reporting – manage the analysis and communication of financial results for the division
• Develop and analyse key performance indicators and engagement metrics, lead monthly financial reviews and advise management in decision making
• Execute forecasting process to support revenue recognition analysis and estimated earnings forecasts
• Perform revenue recognition analysis and make adjustments to ensure compliance with GAAP and internal controls
• Own and review the ANZ EP Market Model and work with Marketing to gain alignment with APAC and GMI ahead of each Rolling LBE cycle
• Support and Drive the annual operating plan process for EP
• Develop and assist the commercial business to prepare annual territory plans
• Regular sales reporting and analysis from top level reports down to account by account analysis monthly, regular trend analysis in relation to usage of products
• Full Divisional P&L analysis and help drive efficiencies across the business unit

Business Unit Director and Marketing Support

• Identify/prioritise key account profiles and develop a key account database, including identification of accounts with high potential
• Partner with Business Unit Director in developing Sales strategies that have an incremental impact on Market share gains and Operating Income
• Assist Marketing with analysing market intelligence information, including share results against share objectives
• Implement and manage reporting to monitor key marketing objectives and programs and product launch effectiveness
• Preparation of presentations for and participation in Business Reviews
• Support the Capital Expenditure Request (CEA) process
• Manage the quarterly preparation of detailed incentive calculations for all EP employees & the monthly accrual estimates
• Develop smart processes and systems to provide visibility and insights into the business to help drive focus on opportunities and early identification of issues
• Consolidate the relevant divisions and help manage the flow of information back and forth to the regional counterparts

Tenders & Corporate Agreements

• Analyse, prepare and submit new tenders and customer agreements – including monitoring contract/tender compliance from a pricing perspective

Customer Rebate/Discount Programs

• Monitor performance of the Division specific client rebate programs and report to management accordingly

In addition to the above, the relevant experience is required: 

• 6 years’ experience in accounting-related role
• Working knowledge of business, finance and accounting fundamentals including U.S. Generally Accepted Accounting Principles (GAAP)
• Medical device industry experience preferred
• Tertiary qualifications in finance or business related field essential.
• CA/CPA qualified.
• Excellent interpersonal skills

This role will work within a team of very capable and passionate individuals committed to getting the best outcomes for the patients and the customers that we serve.

Abbott provides some fantastic benefits for our employees, these include:

• Free Parking
• Onsite Gym
• Discounted Healthcare
• Discounted Shares program
• Fresh fruit available to employees
• AND…..Lots, lots more

Abbott is an equal opportunity employer

We ask that recruiters respect our internal recruitment process and PSA panel, and refrain from contacting us, or referring candidates to this role.