Abbott Laboratories

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"><html><body>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 <ul><li>Sales forecasting at SKU/Brand/Channel/Account/Region/State level along with gross realisation, GTN, Price Increase, Elasticity, Cost Increase Assumptions, Gross Margin Profile.  </li><li>•  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.</li><li>•  Ensure accuracy & hygiene of the monthly accounting process – including Std cost, TCGM  and ensure proper review of monthly provisions prior to book close</li><li>•  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.</li><li>•  Prepare rlbe balance sheet review and deep dive submissions. Review various buckets of balance sheet including other accrual liabilities.  </li><li>•  Review vendor advance for settlements against the invoices, open PO tracking against the accruals and commitments.</li><li> •  manage standard cost change exercise during rlbe and stand cost roll up a year end for next year</li><li>Ensure accuracy & hygiene of the monthly accounting process – including Standard Cost, TCGM and ensure proper review of monthly provisions prior to book close</li><li>•  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</li><li> •  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</li><li>•  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.</li><li>  •  Monitoring of Std Cost, Gross Margin performance, Freight & distribution, SG&A budget vs actual monthly for all departments/ cost centers, etc</li><li>•  Work on accrual management with CFS/functional teams on Financial Closing on a monthly basis.</li><li> •  Understanding business, its key drivers and the impact on the business of the company and drive company policies effectively</li><li>•  Monitor business performance (revenue/profit/overhead/utilization/pipeline, HC & other KPIs), investigate variances and provide analysis of differences with focus on improving performance.</li><li> •  Support the audit process (Internal and Statutory) from the view of Business Finance</li><li>•  Generate strong insightful management analysis reports which would provide insights to all stakeholders</li></ul></body></html>

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