Area Assistant Controller

Job Description

Abbott is a global healthcare leader, creating breakthrough science to improve people's health. We're always looking towards the future, anticipating changes in medical science and technology.

We are committed to bringing the benefits of our trusted medicines to more people in the world's fastest-growing countries. Our broad portfolio of high-quality and differentiated branded generic medicines reaches across multiple therapeutic areas including gastroenterology, women's health, cardiometabolic, pain management/central nervous system, and respiratory.

Primary Objective:

• Support the Area Finance Director in Planning, Controlling and Reporting. Development and maintenance of planning and budgeting systems, preparing regional submissions for planning purposes, analysis and interpretation of trends requiring management's attention, the preparation of financial and management reports and procedures, and the presentation of findings and specific recommendations to senior management.

• Driving Profit maximization initiatives and ensuring the accuracy and reliability of the financials. Managing Area Balance Sheet and driving projects to improve forecasting accuracy and overall cash flow performance.

Major Job Responsibilities:

• Support the Area Finance Director in Planning, Controlling and Reporting activities for the Area.

• Lead and coordinate all scheduled planning activities across the region, including the creation and distribution of templates, schedules, instructions, and calendars.

• Consolidate and review country-level financial submissions for Plan, Update, and Latest Best Estimate (LBE), ensuring timely and accurate Area-level reporting.

• Manage month-end close processes and reporting for APAC, including variance analysis and commentary.

• Prepare and present financial and management reports, offering strategic recommendations to senior leadership.

• Partner with Area functional leaders to budget for Area expenses and special projects.

• Drive profit maximization initiatives and ensure the accuracy and reliability of financial data.

• Continuously improve financial processes and analysis, fostering a culture of innovation and change.

• Provide leadership and guidance to Rest of APAC finance region, ensuring alignment with regional goals.

• Develop and monitor key performance metrics, including:

• Distributor/channel inventory control

• Pricing controls to manage ASP and margin

• Credit control and securitization of receivables

• Expense optimization

• AR and AP management

Requirements:

• Bachelor's degree in Accounting/Finance or Master's Degree in Accounting/Finance or related field

• Minimum 10-12 years of relevant experience

• Advanced degree or professional certification (CA, CPA, MBA) preferred.

• Proven experience in regional or multinational finance roles.

• Strong communication skills with the ability to engage finance and non-finance stakeholders at all levels.

• Demonstrated analytical thinking, problem-solving ability, and initiative.

• Capable of operating independently under minimal supervision and tight deadlines.