Finance Supervisor, Similac
$86.7k - $173.3kAbbott
Finance Supervisor Similac
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 122,000 colleagues serve people in more than 160 countries.
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'll also have access to:
- Career development with an international company where you can grow the career you dream of
- Free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year
- An excellent retirement savings plan with high employer contribution
- Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor's degree
- 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
The Opportunity
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, and Glucerna to help get the nutrients they need to live their healthiest life.
The Finance Supervisor Similac serves as a strategic business partner to Pediatric and Infant Nutrition leadership, providing financial leadership, business insights, and decision support. This role is responsible for financial planning, forecasting, performance management, and financial analysis for the Similac Infant Formula business, with a primary focus on market performance and Similac Advertising, Promotion, and Gratis (AP&G) investment management. The position partners closely with Marketing, Commercial, and Analytics teams to translate market dynamics and financial results into actionable business strategies that drive growth and profitability.
In addition to core business partnership responsibilities, the Finance Supervisor will provide financial support for key Similac initiatives, including WIC and non-WIC projects, partnering with cross-functional teams to evaluate business opportunities and support strategic decision-making.
What You'll Work On
- Lead annual planning, monthly forecasting, long-range planning, and performance reporting processes for the Similac Infant Formula market, which is ~$6B annually.
- Analyze market performance, share trends, competitive activity, consumer dynamics, and key growth drivers to provide actionable recommendations to leadership.
- Partner with Marketing and Commercial teams to evaluate business performance and support strategic investment decisions.
- Lead forecasting, month-end close, and financial reporting activities for Similac Advertising, Promotion, and Gratis (AP&G) spend, representing +$100MM annually.
- Provide financial analysis and insights on brand investment effectiveness, key spending drivers, risks, and opportunities.
- Identify and communicate risks and opportunities to financial performance, developing recommendations to mitigate risk or accelerate growth.
- Prepare executive-ready presentations and financial analyses for leadership reviews, LBE submissions, and ad hoc business requests.
- Support strategic Similac projects, including WIC and non-WIC initiatives, as needed to drive business priorities and strengthen organizational understanding of key financial processes.
- Drive process improvements, automation, and standardization initiatives across financial planning and reporting activities.
- The role reports directly to Pediatric Sr Finance Manager and will have visibility to the Pediatric Controller, Pediatric leadership team and ANPD Controller.
Required Qualifications
- Bachelors Degree in Accounting, Finance, Economics or related field.
- Minimum 6 years finance experience (FP&A, Cost/General Accounting or Financial Reporting)
- Knowledge of the principles, processes and standards for integrated financial analysis and reporting
Preferred Qualifications
- Experience serving as a strategic business partner to Marketing, Commercial, and cross-functional leadership teams, providing financial guidance, influencing decisions, and driving business outcomes.
- Proven ability to work independently, take ownership of critical business processes, and manage multiple priorities with strong attention to detail.
- Strong executive presence with the ability to communicate effectively and influence stakeholders at all levels of the organization.
The base pay for this position is $86,700.00 $173,300.00. In specific locations, the pay range may vary from the range posted.
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