Senior Financial Leader

3 days ago

Karachi, Sindh, Pakistan Abbott Full time

About Abbott

Abbott is a global healthcare leader, driven by innovation and a passion to improve people's lives. We're always pushing the boundaries of what's possible in medical science and technology.

Join Our Team

At Abbott, you'll find opportunities to make a meaningful impact, grow, and learn. You'll have access to:

  • Career development with an international company where you can advance your career.
  • A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies globally.
  • A company that values diversity, working mothers, female executives, and scientists.

About Established Pharmaceuticals

We're committed to bringing our trusted medicines to more people in the world's fastest-growing markets. Our broad portfolio of high-quality branded generic medicines reaches across multiple therapeutic areas including gastroenterology, women's health, cardiometabolic, pain management/central nervous system, and respiratory.

Role Overview

Abbott Established Pharmaceutical Division is seeking a Senior Financial Leader-Commercial to be based in Pakistan.

The role will lead and execute EPD Pakistan Financial and Business Strategy to drive Business growth and profitability in line with Division targets. The position is accountable for all business and financial goals while ensuring compliance to Financial Controls consistent with Division and Area guidelines.

Responsibilities

  • As Financial Lead and member of Executive Team, drive business growth and profitability in line with Division targets and market expectations, ensuring compliance to Division guidelines and Financial policies.
  • Provide financial leadership as business partner to GM, in affiliate S&OP, NPI forum, METAP region S&OP, Plan/LBEs reviews, Sales reviews and Business Reviews with area and Division team.
  • Establish, maintain, and control financial planning, analysis & reporting processes to deliver meaningful and comprehensive Plans/Budgets and LBEs, assuring compliance with Division requirements.
  • Contribute to the development of financial strategies for EPD division that align with the organization's overall vision and its current and long-term business objectives.
  • Manage Plan, LBE & Update cycle and ensure timely and accurate submission of all schedules. Ensure timely and accurate financial forecasting and reporting (Local, Region, Area etc.).
  • Lead Division and Corporate strategic initiatives such as Margin & Profitability (M&P) programs, cost saving, cash flow, NPIs, and other value creation initiatives in collaboration with all stakeholders.
  • Drive Pricing strategy with Regulatory and Market Access to ensure sustainable business profitability.
  • As member of Affiliate Compliance Committee (ACC), ensure compliance to ACC Charter in collaboration with Business partners.
  • Manage Corporate and local Audits, ensure timely remediation of gaps if any.
  • Provide leadership to Demand Management Function to ensure ADS publication based on robust forecasting processes in line with affiliate targets while managing risks and optimizing on opportunities.
  • Ensure affiliate maintains and continuously improves on S&OP processes to meet Class A & Division BEX standards.
  • Work in collaboration with Commercial, Operations, CFS, Compliance, HR and Area & Division team.
  • Develop talent pipeline of Finance and Demand professionals.

Essential Requirements

  • Education: Master's degree or Professional Qualification like ACA, CIMA.
  • Years of experience: 12 to 15 years of Financial Accounting, Management Accounting, Commercial partnering (FP&A), Compliance & Audit, Demand Planning and S&OP process experience in leadership position in a multinational environment or a company of national repute.
  • Experience in dealing with international accounting issues, including exchange and Entity Financial Planning along with Commercial exposure.
  • Internal control/auditing experience.
  • Exposure to and working knowledge of the other functions, such as: information Technology, Commercial supply Chain and Manufacturing/Operations.
  • Experience in Tax, Treasury, costing accounting.
  • Experience in managing and leading an organization.

Desirable Skills

  • Strong Business acumen.
  • Effective Communication skills.
  • Financial acumen and analytical skills.
  • Interpersonal and leadership skills.

Stakeholders

All Departments of EPD business, Plant Team, CFS, CHR.

Partners

  • Distributors, Pharmacies.
  • Auditors.
  • Regional office, Area office.

Data Sensitivity Level

  • P&L.
  • Product Net Cost.
  • Investment details.
  • Financial Results.
  • New Product Launches and Projects.
  • Headcount Data.
  • Statutory Results.
  • All Stock Price Sensitive data.

At Abbott, we strive to provide diverse opportunities for professional growth and strength to build your future. We are an Equal Opportunity Employer, committed to employee diversity.

Follow us on LinkedIn at www.linkedin.com/company/abbott- and on Twitter @AbbottNews.

For further information, please visit our website via the "Apply" button below.

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