Area Finance Manager - Cashflow & Margin Management
JOB DESCRIPTION:
Abbott is a global healthcare company committed to helping people live their best lives through a diverse portfolio of life-changing technologies. With leading businesses in diagnostics, medical devices, nutrition, and branded generic medicines, we serve people in more than 160 countries.
The Structural Heart division at Abbott is dedicated to transforming the treatment of structural heart diseases through innovative, minimally invasive technologies. Our mission is to restore health and improve quality of life for patients with heart valve disorders and other structural heart conditions. We work closely with physicians, hospitals, and healthcare systems to deliver life-changing solutions that advance patient care.
What You'll Do:
Lead cash flow planning, forecasting, and reporting for the Structural Heart division across the region.
Define annual cash flow strategies and ensure alignment across business units, regional teams, and country affiliates.
Ensure compliance with international and local accounting standards and Abbott’s internal policies.
Develop and implement forecasting methods for the balance sheet, tailored to country-specific drivers.
Monitor and improve accounts receivable performance and monitor and analyse DSO performance/tracker, including payment term reviews and financial tool implementation.
Support sales and operations planning by identifying risks, surfacing opportunities, and resolving bottlenecks.
Create a more holistic pricing framework, annual and quarterly structure, improvement to APAC SH policy, and ensure a working governance council is in plan
Collect/improve annual pricing lists and ensure deeper analysis to improve our pricing/margin framework
Manage, report and influence improvement of pricing process via APAC pricing council
Monitor and review GMI tracking including ASP movements, Distressed inventory and overall any key impacts to GMI
Lead and influence across country affiliates in relation to GMI, ASP analysis and distressed inventory
Work closely with Finance and Demand/Supply planning on Distressed inventory reporting/monitoring
Review inventory and distressed inventory levels - help to closely monitor and track inventory reserve and DI
Conduct regular balance sheet reviews with regional teams and consolidate insights for leadership. Drive balance sheet forecasting and drive improvement with both CFS and country finance
Conduct, monitor, report and influence improved outcomes on AR, DSO and Balance sheet management
Lead and report CAPEX requirements ; Track and present capital expenditure projects to the Structural Heart Capital Committee
Support/Drive on APHQ accruals, APHQ consolidation ; Involved and part of APAC LBE process
Support manage APHQ in terms of cross functions and intercompany charges relates to medical affairs, clinical, training, HR and other functions.
Lead Distributor management assessment across APAC
Learn from other teams such as EMEA or US in terms of ways to improve GMI, Pricing analysis/frameworks as well as process improvement in AR/Balance sheet
Support business partnership for smaller market such as HK TWN or Korea
Any ad hoc requirement inclusive of country finance and any key GMI/ASP related project
Potential of management of direct report(s)
Requirements:
Master’s degree in Finance, Accounting, or a related field; a Master of Business Administration is a plus.
At least 5 years of experience in financial planning and analysis within a multinational environment.
Strong analytical mindset with a proven ability to manage finance processes and deliver results.
Comfortable managing multiple priorities in a dynamic, fast-paced environment.
Advanced skills in Microsoft Excel; experience with Cognos, SAP, Hyperion, and Dodeca is a plus.
Strong collaboration and communication skills with a proactive, solution-oriented approach.
Experience working cross-functionally with commercial, operations, and finance teams.
Ability to translate financial data into actionable business insights.
Experience in capital expenditure tracking and reporting is an advantage.
Fluent in English; additional languages are a plus
Travel may be required, maximum of 25%
The base pay for this position is
N/AIn specific locations, the pay range may vary from the range posted.