Mumbai, IND
19 hours ago
Head Finance - AIL
**Overall Mission:** Provide comprehensive finance leadership for the business and to commercial teams to enable achievement of complete commercial and P&L deliverables by driving profitable growth (support pricing decisions, GMI initiatives, delivery of outcomes etc.) **Major Responsibilities:** + **Business Performance & P&L Management** + Lead the preparation, analysis, and review of monthly business unit-wise P&L statements. + Partner with business heads to monitor financial performance against budgets and forecasts. + Provide insights and recommendations to improve profitability and cost efficiency. + Support strategic planning and scenario modeling for business initiatives. + **Budgeting & Forecasting** + Drive the annual budgeting and periodic forecasting processes, including Latest Business Estimates, Long-range plans, etc. + Ensure alignment of financial plans with business objectives. + Monitor budget adherence and highlight variances with actionable insights. + **Business Partnering** + Collaborate closely with cross-functional teams (Sales, Marketing, etc.) to support financial decision-making. + Provide financial leadership in business reviews, investment proposals, and cost-benefit analyses. + Educate and influence non-finance stakeholders on financial implications of business decisions. + Collaborate with other functions on monthly sales demand forecasting and S&OP data. + Provide financial analysis and support for new product launches including pricing strategy and profitability for existing and new promotional programs. + **Spend Control & Financial Governance** + Review and approve Purchase Requisitions (PRs) and business spends in line with budgetary limits and financial prudence. + Ensure compliance with internal controls, policies & procedures and Pharma-specific regulations in day-to-day business activities. + Act as a gatekeeper for discretionary and capital expenditures. + **Reporting & Analysis** + Deliver timely and accurate financial reports and dashboards. + Develop and maintain KPIs to track business performance. + Support internal and external audits as required. + **Compliance** + Ensure adherence to Abbott Risk & compliance requirements + **Projects** + Other Ad-hoc projects as necessary An Equal Opportunity Employer Abbot welcomes and encourages diversity in our workforce. We provide reasonable accommodation to qualified individuals with disabilities. To request accommodation, please call 224-667-4913 or email corpjat@abbott.com
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