Finance Controller - Kuwait
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 109,000 colleagues
serve people in more than 160 countries.
Working at Abbott
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 will have access to:
* Career development with an international company where you can grow the career you dream of.
* 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.
About Nutrition Division
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®, Glucerna® and
ZonePerfect® - to help get the nutrients they need to live their healthiest
life.
The Opportunity
The position works out of our Kuwait office in Abbott Nutrition Division.
As the ANI Kuwait Controller, you'll be responsible for Finance Business
Partnering, financial planning and analysis activities of the Abbott Nutrition
division to ensure informed financial decisions can be made by the leadership
team to drive sustainable and profitable growth in Kuwait.
What You'll Do
* Business partnering with various functions as required and provide FP &A support to drive a sustainable and profitable growth in Kuwait. Lead ANI Commercial Finance team to provide financial support to all commercial and supporting functions in ANI Kuwait.
* Prepare monthly, quarterly and annual and long-term financial analyses and reports to meet internal as well as Area & Division reporting requirements, while assuring that all reporting deadlines are met. Drive process improvements to reduce unnecessary work/tasks. Drive automation of financial reports.
* Build Financial analytics and forecasting capabilities of functional and cross-functional colleagues by providing training and/or coaching.
* Drive Margin and Profit Improvements, Cash Flow Improvements, Cost Leadership projects and operational efficiencies through cross-functional collaboration. Lead certain Cost Leadership projects to successful execution.
* Closely monitor sales and promotional activities to ensure full compliance of company financial policies and OEC policies. Provide training to field sales force whenever necessary regarding company financial policies and procedures.
* Regularly review local financial policies and procedures to assure adequate internal controls are maintained in the countries.
* Review balance sheet items including adequacy of reserves and accruals and supporting documentation; assure financial transactions are properly recorded and meet Abbott and local reporting requirements.
* Facilitate internal and external audits and assure that identified issues are addressed in a timely manner with effective remediation programs.
* Regularly assess the organization structure to meet changing business needs. Develop and build strong controllership organization to meet both individual professional development and business growth needs.
* Carry special projects or analysis as directed by Senior management.
Managerial Responsibilities
* Manage the FP &A function with 1 direct report.
Required Qualifications
* Minimum 10 years' experience,
* Bachelor 's degree in accounting or finance, MBA will be a plus.
* Relevant working experience in both accounting and financial analysis with multi-national companies preferably from Nutrition or FMCG industry in similar role.
* Prior Senior Manager experience in MENA required.
Follow your career aspirations to Abbott for diverse opportunities with a
company that can help you build your future and live your best life. Abbott is
an Equal Opportunity Employer, committed to employee diversity.
Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and
on Twitter @AbbottNews and @AbbottGlobal.
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