Global Tpm Controller

About Abbott

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 115,000 colleagues serve people in more than 160 countries.

Abbott serves the Irish market with a diverse range of healthcare products including diagnostics, medical devices and nutritionals products. In Ireland, Abbott employs over 6,000 people across ten sites. We have six manufacturing facilities located in Clonmel, Cootehill, Donegal, Longford and Sligo and a third-party manufacturing management operation in Sligo. Abbott has commercial, support operations and shared services in Dublin and Galway. We have been operating in Ireland since 1946.

Abbott Ireland Nutrition Sligo

We understand that proper nutrition is the foundation for living the best life possible. That’s why we develop science-based nutrition products for people of all ages. Our products help babies and children grow, keep bodies strong and active, and support the unique nutrition needs of people with chronic illnesses — to make every stage of life a healthy one.

Abbott is a leader in providing enteral nutrition feeding devices, including enteral feeding pumps and pump sets. Enteral feeding (also known as tube feeding) is a means of providing nutrition to people who cannot obtain nutrition by swallowing. Enteral nutrition contains all the calories and vitamins a person needs.

The role of Global TPM Controller will involve the following:

Primary Job Function:

Responsible for accounting, financial planning, and analysis with respect to Actuals, Plans, LBEs, and supporting the day-to-day operations and strategic plans for the Global Third-Party Manufacturers (TPMs). This role covers 28 TPMs globally (6 TPMs in EMEA, 4 TPMs in Asia/Australasia and 18 TPMs in US) and provides business and financial guidance to Senior Management on all TPM strategic initiatives.

Key Responsibilities

• Financial Leadership: Provide financial leadership for TPM Start-Up Financial Analysis and capacity expansion scenarios. Act as the point person for all financial analysis supporting capacity investment decision-making.

• Contract Negotiations: Partner with Start-Up and Business as Usual Managers for contract negotiations, including financial modelling for Capital Investments, Tiered Pricing, and Take or Pay strategies.
• Financial Planning and Analysis: Responsible for accounting, financial planning, and analysis for Actuals, Plans, LBEs, and supporting day-to-day operations and strategic plans for TPMs. Lead and present the Annual Financial Plan to the ANSC VP & Finance DVP.

• Financial Processes: Set up and implement financial processes at new TPMs, ensuring early engagement.

• Cost Saving Initiatives: Lead and drive cost-saving initiatives to meet divisional margin and M&P goals. Participate in price negotiations and cost-saving initiatives with key business partners.

• Stakeholder Alignment: Develop Notification of Flow Change (NFCs) for new TPMs and gain stakeholder alignment, including Corporate Tax, Customs Trade and Compliance, Corporate Treasury, Transfer Pricing, and VAT.

• Compliance: Maintain financial records in accordance with Abbott Policies and Procedures, US GAAP, Irish GAAP, and statutory legal and fiscal requirements.

• Strategic Growth Initiatives: Provide financial counsel and analysis for proposed strategic growth initiatives.

• Ad Hoc Analysis: Quantify financial implications of issues, proposals, and other ad hoc analysis for Senior Leadership.

• Process Improvements: Develop and implement new financial processes and structures for new TPMs and internal customers. Assess financial processes/systems and implement improvements to drive efficiency and productivity.

• Inventory Management: Oversee reconciliation and counting of consigned inventory between Abbott and our US TPMs and analyse variances.

• Team Developm ent: Develop and train the TPM finance team to ensure a strong pipeline of future financial talent.

Supervisory/Management Responsibilities:

• Direct/Indirect Reports: 6 (3 in Ireland, 3 in the US)
• Daily Interface: Directors, Controllers, and Division VPs.

Minimum Experience/Training Required:

You will have a bachelor’s degree in accounting or finance or similar qualification. Masters, MBA, or Accountancy qualification (ACA, ACCA, or CIMA) preferred with a minimum 10 years’ experience in Finance, including at least 5 years in a supervisory capacity.

Key Skills:

• Excellent communication and interpersonal skills, strong team-building skills, proven decision-making abilities, and sound personal judgment.
• Ability to manage multiple priorities and achieve required timelines. High personal performance standards, broad business perspective, receptiveness to change, and a team player. Creative and innovative.
• Proficiency in SAP and Excel.