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.

The primary function of the Manager, Capital Planning is to effectively manage the Capital Process for Corporate Engineering (CE) in partnership with area management and provide visibility to the leadership team in GES.  Responsibilities include development of the annual capital plan, managing the reviews and tracking approvals of all Requests for Capital Expenditures (RCEs), project cashflow management and reporting, working with functional leaders to prioritize initiatives and elevate for decision making appropriately, publishing of Monthly/Quarterly Dashboard reports and engaging with the appropriate stakeholders to understand expectations and set targets, etc. The primary goal is to ensure that all functional groups that need access to capital have the support necessary to properly prioritize their needs, understand the steps needed to advance through the escalation process including authorization as well as appropriate tracking once approved.  Additionally, this role will be a key liaison with CE Project Engineers and project support functions (i.e. procurement, accounts payable and shared services).

This position is a people manager role which will require a balance between working directly on elements that get high level visibility and transparency into all phases of capital planning as well as providing the necessary and required skills to manage an effective team.  This position will also work collaboratively with Finance, CE PMO, Engineering Leadership, as well as multiple other Abbott Corporate functions. This role will require flexibility in work hours and strategies as well as cultural sensitivities given the global nature of CE’s business.

MAJOR RESPONSIBILITIES:

CAPITAL PLANNING

• Provide governance and guidance to the overall CE Capital Process.
• Provide hands on support to the CE operating groups in developing necessary capital justification and capital prioritization scenarios with an ability to understand scope for key, proposed capital projects.
• Lead Capital Plan development for future capital years and collaborate with all applicable cross functional groups to deliver overall CE Capital Plan Proposal.
• Lead meetings to align pre-funding and planning efforts across the areas.
• Manage and develop communication of all Capital related executive level documents (Requests for Capital Expenditures, Supporting summary documents, Capital Dashboards, Scope Changes, Supplemental Requests, etc.)
• Track, trend and streamline capital related metrics.
• Establish a cashflow forecasting process to improve cashflow accuracy.
• Provide standardized reporting formats for alignment across the CE areas, and with Finance.
• Participate in Monthly Area Project Review meetings and MBRs.

METRICS AND BENCHMARKING

• Create Best in Class Capital and Project metrics across the CE network that drives visibility and measurable improvements.
• Collaborate with Corporate and Divisional resources to apply key learnings in other areas.
• Benchmark with industry best practices and performance metrics.
• Create Cost and Schedule libraries to drive improved accuracy for future projects.

TECHNICAL COMPETENCE

• A strong understanding of technical concepts will be very beneficial in this role as most of the projects being supported by the organization are in support of CE’s long-range infrastructure program.

ORGANIZATIONAL INTERFACE

• The role must have demonstrated executive level communications, both verbal and written. Must be able to take very technical topics and create descriptions that are easily understood.
• The role needs to demonstrate high levels of flexibility to meet the changing needs of the business across the globe as well as command over the current state of capital.
• The role must work closely with Finance to champion CE’s capital needs and provide supporting documentation for requests.
• The role must have a strong partnership with management to support the area’s CapEx needs.
• Participate in the Capital Council.

QUALIFICATIONS/EDUCATION:

• A Bachelor’s Degree is required, with a preference for an engineering or technical focus.
• A minimum of 7 years of progressively increasing responsibility.

MINIMUM EXPERIENCE / TRAINING REQUIRED:

• Capital Project Management Experience Forecasting and cash flow experience.
• Robust financial knowledge and analytical skills.  Proficiency in Power BI is preferred.
• Strong team leadership, organizational efficiencies, and executive level communications.
• Ability to work within a high-performance, cross-functional organization with extremely tight timelines and aggressive goals.
• Demonstrated problem solving ability in cross-functional environment.
• Advanced MS Excel.
• Exposure to Strategic Planning with demonstrated experience in prioritization techniques will be crucial.
• Highly proficient in both verbal and written communication.
• Ability to communicate to upper levels of management on both issues that affect current operations (both positive and negative), and on opportunities to improve our processes.
• Excellent teamwork and ability to function across multiple areas of the business.

WHAT WE OFFER  

At Abbott, you can have a good job that can grow into a great career. We offer: 

• A fast-paced work environment where your safety is our priority (Include for Manufacturing roles only) 
• Production areas that are clean, well-lit and temperature-controlled (Include for Manufacturing roles only) 
• Training and career development, with onboarding programs for new employees and tuition assistance  
• Financial security through competitive compensation, incentives and retirement plans  
• Health care and well-being programs including medical, dental, vision, wellness and occupational health programs 
• Paid time off  
• 401(k) retirement savings with a generous company match 
• The stability of a company with a record of strong financial performance and history of being actively involved in local communities 

Learn more about our benefits that add real value to your life to help you live fully:  www.abbottbenefits.com  

Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity. 

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