Senior Financial Analyst-Gulf

Recruiter
Abbott
Location
Dubai, United Arab Emirates
Salary
Competitive salary + flexible benefits
Posted
17 Apr 2024
Closes
23 Apr 2024
Ref
31084859
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

About Abbott:

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 109,000 colleagues serve people in more than 160 countries.

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.

Sr Finance Analyst-Gulf

The position works out of our Dubai office in Abbott Nutrition Division.

About Nutrition Division

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

As Sr Finance Analyst-Gulf, you'll be responsible for the preparation of Financial Plans, Rolling LBE’s, financial management and Sales /SFE analysis for the Gulf affiliates. The individual is responsible for the completeness and accuracy of the financial data. Both creative positioning and review are required to present a comprehensive and well-positioned Affiliate package to senior management. The incumbent must travel/meet with the operational personnel both internally and external partners and actively advise on financial and strategic implications of concepts to be presented.

What You'll Do:

Direct and have full responsibility for preparing the financial Plans, rLBE’s within the Division with annual sales $79.5MM (FY24rLBE2). This requires extensive interface and coordination within the Abbott Nutrition Gulf functions (Logistics, Human resources, sales & Marketing etc.) The incumbent must provide appropriate advice and strategy to Senior Management to ensure timely, comprehensive, accurate, and insightful end product. This frequently requires creativity and originality.

Manage and oversee financial planning, analytical and reporting for the Abbott Nutrition Gulf affiliate. The incumbent must be proactive in originating, participating in and executing strategies, directed towards the enhancement of the business objectives of the Abbott Nutrition Gulf affiliate to achieve both current and long-range objectives. The incumbent is responsible for meeting the day-to-day financial needs. The incumbent must coordinate and ensure there is agreement and knowledge of financial conditions with domestic and international sales and marketing operations, customer support, production planning & supply functions.

Major Responsibilities:

The duties and responsibilities cover a vast array of areas including:

  1. The development of strategic and annual Plan, Latest Business Estimate and Update
  2. Analyzing monthly performance and make recommendations for improvement
  3. Ensuring that all expenditures are appropriately booked and are in compliance with GAAP and Abbott policies
  4. Coordinating with Commercial in providing them with support necessary to understand their analytics
  5. Providing the business analytics to help drive initiatives that are critical to the ongoing growth of the company
  6. Identify, analyze, and monitor issues that affect profitability, growth and productivity
  7. Streamlining processes and identifying opportunities for savings across all areas of the business
  8. Preparing key management reports, highlighting risks and opportunities and preparing contingency plans
  9. Working closely with CFS / IFO
  10. Assist Finance Controller on FP&A related work
  11. Analysis Sales force targets and actuals for Sales incentive purpose
  12. Provide detailed analysis by retailer / by rep to ensure we have correct Sales rep ranking method to analyze reps performance.
  13. Perform other tasks as requested by the Finance Controller and General Manager

Staff Activities and Communications:

  1. Direct, straight forward with outstanding interpersonal skills
  2. Excellent analytical and problem-solving skills
  3. Outstanding computer skills
  4. Team Player
  5. Proven ability to complete assignments under tight deadlines
  6. A confident, excellent communicator

Required Qualifications:

  • CA / MBA (Finance) / ACCA / Bachelor’s Degree finance and Accounting

Experience Required:

  • This position requires a keen understanding of both the technology of our products, the needs and demands of the customers and the markets we serve, and the requirements of the regulatory bodies that govern our processes.
  • A minimum of 5 years’ experience in finance management with an understanding of Abbott internal systems and procedures. Demonstrated diplomacy and effectiveness when working in a matrix environment.

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.

For further information, and to apply, please visit our website via the “Apply” button below.

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