Abbott Senior Financial Analyst in Jeddah, Saudi Arabia

JOB DESCRIPTION:

GENERAL

  • Lead the planning, tracking and analysis of affiliate expenses.

  • Prepare and maintain RTF Financial Tracker (Deliveries vs. Expectations / Spend)

  • Update and submit Monthly Dashboard for Management review

  • Prepare and submit monthly Brand P&Ls to local Management

  • Assist in affiliate internal and external audits/reviews

MONTHLY CLOSING ACTIVITIES

  • Maintain proper affiliate’s bookkeeping and records

  • Prepare accruals as part of monthly close activities and coordinate with CFS / ALOG to ensure accurate close

  • Update and maintain the reconciliation of reserve and ensure it ties with D.2.0 / ALOG balance and Local Treasury balance

  • Perform detailed analysis of SG&A after month end and provide tracking vs budget to each budget owner and maintain FY forecast up to date

SALES

  • Analyzing the Sales and Margin report form Division on a monthly basis and ensure cost and TCGM are as per Plan

  • Analyzing product wise In Mkt and To Mkt sales and prepare commentary vs Plan and RLBE

  • Compare AKIO orders with month ADS

  • Prepare and submit Sales Flash report to Area

  • Prepare GSAT graphs on a monthly basis and as and when required

INVENTORY

  • Analyze the actual physical + In-transit & Under clearance inventory against the Inventory in P05A and explain variances

  • Analyze the inventory on monthly basis to identify distress and risk stocks

HOST ANALYTICS

  • Ensuring the actual P&L in HA is correctly uploaded and download all relevant sales and P&L reports on a monthly basis

  • Update HA with Sales and Opex data for each RLBE cycle

OTHERS

  • Analyze the Price Deviation report from ALOG and submit response

  • Ensure prices are correctly reflected in all Workflow systems

  • Assist in the preparation of Plan and RLBE

  • Prepare calculation of Freight differential (actual vs charged) and prepare Debit Note

  • Prepare quarterly debit notes for AKIO support

  • Prepare Ad Hoc Analysis as and when required by Local Management & Area

INTERNAL CONTACTS

  • Marketing Director / Product Managers

  • Trade Director

  • Logistics Director / Logistics Manager

  • Demand Manager

  • Director Business Excellence

COMPETENCIES REQUIRED :

  • Bachelor Degree in Accounting or Finance. MBA or CPA/CA is a plus.

  • Experience in Accounting/Auditing and Financial Planning and Analysis acquired in several years of relevant on-the-job experience as a Finance Manager or Controller of a country organization.

  • Fluent in Business English

  • Excellent communication skills, ability to work in a matrix environment.

  • MS Office experience with outstanding Excel skills

  • Area / Division Consolidation experience is a plus

  • Ability to plan, implement and administer financial information and control systems.

JOB FAMILY:

Financial Planning and Analysis

DIVISION:

ANI International Nutrition

LOCATION:

Saudi Arabia > Jeddah : Al Kamal Building

ADDITIONAL LOCATIONS:

WORK SHIFT:

Standard

TRAVEL:

Not specified

MEDICAL SURVEILLANCE:

Not Applicable

SIGNIFICANT WORK ACTIVITIES:

Continuous walking for prolonged periods (more than 2 hours at a time in an 8 hour day)

Abbott is about the power of health. For more than 125 years, Abbott has been helping people reach their potential — because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 150 countries, we create new solutions — across the spectrum of health, around the world, for all stages of life. Whether it’s next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health.

The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of life’s greatest health challenges.

We invite you to explore opportunities at Abbott , to see if your talents and career aspirations may fit with our openings. An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.

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