IT Director, Finance & Procurement

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 114,000 colleagues serve people in more than 160 countries.

About Abbott

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

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’ll Also Have Access To

• Career development with an international company where you can grow the career you dream of .
• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
• An excellent retirement savings plan with 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 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.

The Opportunity

This role is based in our Lake County, IL office within the Corporate Strategy & Solutions (CSS) organization. CSS is dedicated to driving data-driven solutions and generating business value across Corporate Functions. We aim to utilize cutting-edge technologies to create innovative applications that tackle complex challenges and develop reliable, cost-effective tools.

As the Director of Corporate Functions IT, you will be responsible for delivering technology, strategy, solutions, and support for Corporate Finance and Procurement. You will manage a team of over 16 individuals, including managers and individual contributors. In addition, you will oversee Business Relationship Management and and delivery activities that require collaboration between business units and IT (including Infrastructure teams, Divisional IT, and Support) to successfully deliver Abbott solutions. This portfolio includes approximately 100 managed service resources and over 550 applications, with an annual project portfolio exceeding $40 million.

In this position, you will provide leadership and support to the Chief Financial Officer and his team. Supporting seven Corporate Officers, this global role oversees the delivery and business relationship management of over 550 applications, including 35 critical enterprise applications that support our Financial Consolidation processes, and Corporate Procurement organizations. Examples of these critical, large-scale global applications include EPR programs, Ariba, OneConcur, Hyperion EPM, and Cadency.

The expectation for this role is to define a strategic vision, influence stakeholders, and understand the domains in scope to ensure technology remains at the forefront of the business. You will collaborate with the business to develop and execute roadmaps that align with the overall business strategy. Additionally, you will ensure these roadmaps are prioritized in accordance with IT and business goals. This role is responsible for providing strategic insights and thought leadership to guide executive decisions on investment strategies, including risk management. The goal is to ensure stability and efficiency across approximately 550 applications and an annual project budget exceeding $40 million.

A key focus of this role will be modernizing financial systems to enhance operational efficiency, security, and scalability. You will evaluate current financial technologies, identify areas for improvement, and implement modern solutions that align with industry best practices. This includes leveraging cloud-based platforms, advanced analytics, and automation (RPA, Generative AI, etc) to streamline financial processes and improve data accuracy.

You will lead and influence the direction of the domain, providing coaching and mentoring to a highly capable team. This position reports to the Senior Director of IT Corporate Functions. Additionally, you will collaborate with cross-functional teams to ensure the seamless integration of new financial technologies with existing systems, driving innovation and continuous improvement across the organization.

What You’ll Work On

• Working in conjunction with the business, drive the management of 3-5 years strategic roadmap, portfolio management and prioritization and secure required budget. The Director ensures processes are adhered to in the tracking of status and serves as an escalation point for the Business.
• Review Finance & Procurement business capabilities and develop a 2-3 year roadmap to achieve the desired business goals, such as becoming Best in Class or World Class
• Create business case and ROI for financially/non financially justified projects including working with business to write formal funding requests.
• Anticipates capacity and ensure it is known, monitored and adequate staffing provided for solutions and projects across respective domain(s). Develops and executes plans to ensure capacity constraints do not impact upcoming or inflight projects within and across domains.
• Establishes and maintains relationships with Abbott strategic partners. Monitors project execution and evaluates work in terms of time, cost and quality targets. Assesses and evaluates risk. Communicates effectively, both formally and informally.
• Demonstrates leadership. Facilitates collaboration between stakeholders who have diverse objectives. Understands the relevance of own area of responsibility/specialism to the employing organization.
• Manage communication and negotiation with supplier & other BTS organizations to obtain required solution design and sizing (hours effort). Reviews and approves infrastructure, software related project costs.
• Partners directly with business and IT leadership and strategic sourcing providers.
• Functions as Single Point of Escalation for all questions, activities and issues related to business relationship management and project delivery requests within the Corporate Finance & Procurement domains.
• Responsible for evaluating performance of organization against defined metrics and implementing process improvements as necessary.
• Responsible for Staff and Travel budgets as well as identifying needed decreases/increases per the financial schedule. Approves ROM estimates prior to project initiation. Reviews and approves time reports/invoices Monitors actuals. Accountable for accurate financial estimates.
• Identifies and structures their organization to align to the current and anticipated future strategy of domain.
• Report to Executive level providing updates on strategic initiatives and project progress.
• Technology evaluation & implementation – Identify areas for improvement in current technologies and implement cutting-edge solutions that align with industry best practices.
• Collaborate cross functionality to ensure seamless integration of new technologies with existing systems.
• Lead, coach, and mentor a highly capable team, fostering a culture of continuous improvement and innovation.
• Provide strategic insights and thought leadership to guide executive decisions on investment strategies, including risk management.
• Modernize financial systems to evaluate and upgrade financial systems to enhance efficiency, security and scalability leveraging cloud-based platforms, advanced analytics and automation.
• Engage and influence stakeholders to gain support for strategic initiatives and technology investments.
• Develop and articulate a clear strategic vision for the technology domain, ensuring alignment with overall business goals, industry best practices and trends while driving continuous improvements.

Required Qualifications

• Bachelor’s degree in the field of computer science, engineering, or equivalent relevant experience.
• A minimum of 12 years IT experience in large or mid-size multinational heathcare organization. Broad IT expertise in various disciplines; systems development, infrastructure etc.
• Strong influence and negotiating skills demonstrating executive presence
• Experience leading teams - both with direct staff and indirect project teams.
• Must be able to lead & influence without authority
• Strong organizational skills, including program/project governance and increased levels of staff oversight.
• Experience in setting IT strategy and business IT alignment.

Proficiency in Finance is essential, with a preference for experience in Procurement business operations.

Preferred Qualifications

• MBA Degree
• Strong interdisciplinary, intercultural, influence, and networking skills.
• Experience with vendor management.
• Qualifications in project and program management.
• Broad knowledge of all technologies used or to be used by the internal customer, their external customers, and internal partners.

Apply Now

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

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

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.

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The base pay for this position is $168,000.00 – $336,000.00. In specific locations, the pay range may vary from the range posted.