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    Job · 16487680

    Abbott logo

    Senior Manager FP&A

    Abbott · Mumbai · onsite · Posted 44d ago

    Not disclosed8–12 yrsfulltimeSourced fromFoundit

    About a minute. You'll make an account on the way through.

    About this role

    Job Description

    JOB SUMMARY
    Effectively manage financial forecast for rlbe and financial reporting. Provide business
    finance support to various functions for the budgets that they handle from FP&A
    perspective.


    CORE JOB RESPONSIBILITIES

    u2022 Sales forecasting at SKU/Brand/Channel/Account/Region/State level along with gross
    realisation, GTN, Price Increase, Elasticity, Cost Increase Assumptions, Gross Margin Profile.
    u2022 Forecast budgets for various P&L lines/ departments/ expense types with proper business
    justification. Conduct analysis with sales and P&L profile vs previous benchmarks.
    u2022 Ensure accuracy & hygiene of the monthly accounting process u2013 including Std cost, TCGM
    and ensure proper review of monthly provisions prior to book close
    u2022 Responsible for balance sheet forecast and actual analysis vs forecast, maintain aging of
    balance sheet items and follow up for pending claims/outstanding/open amounts.
    u2022 Prepare rlbe balance sheet review and deep dive submissions. Review various buckets of
    balance sheet including other accrual liabilities.
    u2022 Review vendor advance for settlements against the invoices, open PO tracking against the accruals and commitments.
    u2022 Manage standard cost change exercise during rlbe and stand cost roll up a year end for next year
    u2022 Ensure accuracy & hygiene of the monthly accounting process u2013 including Standard Cost,
    TCGM and ensure proper review of monthly provisions prior to book close .
    u2022 Assist in the preparation of scenario analysis, Brand Profitability, Channel Profitability,
    Regional PnL and other Financial decisions for all BUs including price, discount, incentives and SG&A.
    u2022 Drive continuous Improvement in functional reporting by simplifying processes and
    leveraging existing systems. Prepare the monthly Business Health monitor/Dashboard by
    providing the necessary finance inputs
    u2022 Responsible for CFM policy and DPO policy compliances, accrual analysis, capital expenditure and depreciation planning and monitoring, tax related matters and implications on P&L.
    u2022 Monitoring of Std Cost, Gross Margin performance, Freight & distribution, SG&A budget vs actual monthly for all departments/ cost centers, etc
    u2022 Work on accrual management with CFS/functional teams on Financial Closing on a monthly basis.
    u2022 Understanding business, its key drivers and the impact on the business of the company and drive company policies effectively
    u2022 Monitor business performance (revenue/profit/overhead/utilization/pipeline, HC & other
    KPIs), investigate variances and provide analysis of differences with focus on improving
    performance.
    u2022 Support the audit process (Internal and Statutory) from the view of Business Finance
    u2022 Generate strong insightful management analysis reports which would provide insights to all stakeholders
    MINIMUM QUALIFICATIONS
    Minimum Education :

    Graduation & Chartered Accountant with 8-12 years of experience into FP&A.

    Sourced from foundit

    Skills

    Depreciation planningsales forecastingFinancial ClosingScenario AnalysisAccrual ManagementFinancial Reporting

    About Abbott

    Abbott logo

    Abbott

    Pharma

    3.7k+

    employees

    1910

    116 years old

    Illinois City

    US

    About

    Abbott's life-changing technology helps people live fully and offers information, medicines and breakthroughs to help manage people's health.

    Industries

    BiotechnologyEmergency MedicineGeneticsHealth CareHealth DiagnosticsManufacturing

    Employee ratings

    3,913 reviews

    4.1/ 5

    Culture

    3.9

    Career growth

    3.2

    Work-life

    4.0

    Employees rate it well for

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