Director, Margin & Profitability

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.

     

JOB DESCRIPTION:

WORKING AT ABBOTT:

At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:

• Career development with an international company where you can grow the career you dream of.

• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.

• An excellent retirement savings plan with a high employer contribution.

• Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.

• A company recognized as a great place to work in dozens of countries worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists.

THE OPPORTUNITY:

The primary function of this position is to manage key Margin & Profitability Value Streams for the CRM Division.  The incumbent will lead and direct key Value Streams, and associated resources, while collaborating across Business Unit leadership to drive and achieve division margin goals.  Provide leadership and management of high impact change programs that significantly improve productivity and cost structure of CRM business.  The scope will include both long-term planning and roadmap development, as well as short-term execution of critical projects and programs.   This position reports to the Divisional Vice President of Commercial Services, Margin & Profitability.  

WHAT YOU’LL WORK ON:
 

Main Responsibilities:

• Lead key division Margin & Profitability Value Streams, including execution of large scale / high impact initiatives and reporting of progress to Executive Steering committee.

• Design and lead projects for long-term value creation; Determine the ‘what must happen/stay on track’; Establish and evaluate key metrics; Drive results through innovative value creation and initiatives for continuous, measurable improvements

• Collaborate and influence across Business Unit leadership and staff to assign goals, develop project funnels, support execution, and manage / mitigate risks.

• Develop & deploy sustaining tools and processes that will continue after the project ends

• Ensures that high impact programs are defined, resourced and implemented to achieve financial objectives as defined by both the OEM, Plan and LBE

• Perform benchmarking and cost structure analysis to define significant opportunities for improvement.

• Collaborate closely with all Corporate functions to support the CRM journey

• Develop roadmap for CRM Value Stream and execute to roadmap milestones.

• Support and lead any key strategic initiatives driven by the Commercial Services organization.

• Manage large-scale global projects to reduce costs, reduce inventory investment, improve/streamline "go to market" strategies/processes and/or improve service to CRM customers.

Accountability / Scope / Budget:

• This position reports to the Divisional Vice President of Commercial Services, Margin & Profitability and is accountable for the design and execution of strategic programs that will enable CRM to meet short & long-term objectives.

• Responsible for delivering annual margin savings per CRM’s Organic Execution Model.

• Presenting key initiative updates to up to CRM Executive Leadership Team.

REQUIRED QUALIFICATIONS:

• 10+ years of working in the industry in which an Abbott business competes

• Proven history of critical thinking and problem solving, providing insights and delivering tangible results

• Strong analytical skills and ability to effectively communicate complex topics to a broad financial and non-financial audience

• Experience leading large and complex projects with global team members of various levels of management, including Executive-level

• History of connecting various and disperse data to anticipate opportunities/issues and generate insights

• Proven track record of anticipative thinking and advising stakeholder(s) of evolving opportunities/issues

• Advance financial modelling

• Knowledge of regulations and standards affecting healthcare industries

• Bachelor’s degree required - Engineering, Science, Business or Finance.

PREFERRED QUALIFICATIONS:

• Master’s degree preferred - Business, Finance, Program/Project Management or Supply Chain.

• Six Sigma Blackbelt certification preferred. 

APPLY NOW:

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: https://abbottbenefits.com/

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 abbott.com, on LinkedIn at https://www.linkedin.com/company/abbott-/, and on Facebook at https://www.facebook.com/AbbottCareers.

     

The base pay for this position is

$149,300.00 – $298,700.00

In specific locations, the pay range may vary from the range posted.

     

JOB FAMILY:

Project Management

     

DIVISION:

CRM Cardiac Rhythm Management

        

LOCATION:

United States > Austin : 8701 Bee Caves Rd

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:

Standard

     

TRAVEL:

Yes, 10 % of the Time

     

MEDICAL SURVEILLANCE:

Not Applicable

     

SIGNIFICANT WORK ACTIVITIES:

Keyboard use (greater or equal to 50% of the workday)

     

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

     

EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf

     

EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf