Finance Manager

Overview

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We’re empowering smarter medical and economic decision making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people. Our diagnostic solutions are used in hospitals, laboratories and clinics around the globe. The crucial information derived from our tests, instruments and informatics systems are often the first step in patient care decision making for hundreds of health conditions from heart attacks to blood disorders to infectious diseases and cancers.

Job Description

To administer, organize and supervise all financial and accounting activities in the Malaysia organization to ensure accuracy and timeliness of transactions and reports, and their conformity with Generally Accepted Accounting Principles and financial policies and procedures.

Key Areas Of Accountability

• Prepare and submit a detailed Financial Plan / Update package, LBE and other financial reports required by the Region / Area HQ.
• Ensure that business and financial risks are considered during the planning and update.
• Ensure profitability of contracts and maintain close coordination with Country Manager and Sales Executive Manager and provide suggestions on how to improve profitability of the business.
• Monitor & control capital expenditures and SSG&A ensuring expenses will be incurred within the approved Plan / Update / LBE level.
• Act as a direct contact with the company’s external and internal auditors on all financial matters including policies and procedures and coordinate all matters with the host division.
• Maintain internal control systems to ensure that financial policies / procedures (both local and international) are adhered to.
• Maintain close coordination with CFS (Corporate Finance Services) to ensure timely collection and achievement of DSO.
• Also handles review of expenses posted by CFS, conducts monthly / quarterly review of balance sheet accounts, and ensures reasonableness of all accruals.
• Prepares incentive program and calculates quarterly / annual payout for sales, TSS and TAS team with reference to Global Incentive Program of Diagnostics Division.
• Prioritize compliance to the QSR through ongoing support and communication of the Quality Policy.
• Lead by example on a daily basis, establish clear measurable goals for subordinates, and ensure prompt corrective action for any noncompliance issues raised by subordinates.
• Review financial policies and procedures and identify needs for improvement.
• Implement new systems and controls to support the growing needs of the business and ensure that any changes are communicated for effective implementation.
• Ensure compliance with the guidelines set by the OEC. Manage timely importation of goods, storage and distribution to ensure quality and customer satisfaction, while conscious of ROI and DOH objectives. Ensure compliance with FCPA and conflict of interest policies.

Knowledge & Experience

Seniority level

Employment type

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