Senior Financial Analyst
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.
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.
- 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 high employer contribution.
- Tuition reimbursement, the student debt program and 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 Senior Financial Analyst will be an FP&A professional supporting Cardiac Rhythm Management team in Operations Finance. This position will be partnering with site finance and operations leadership to drive financial ownership, cost efficiency, and business excellence. Scope of responsibilities include supporting the execution of the annual budget, quarterly "latest best estimate" forecast cycles, and monthly financial reporting, with an emphasis on variance analysis, annual product & R&D allocation, and strategic ad hoc analyses.
What You'll Work On:
- Collaborate with operations and quality leadership to develop budgets and forecasts in support of annual Plan and quarterly LBE (Latest Best Estimate).
- Perform month-end close activities including journal entries, variance analysis, HC reconciliation etc.
- Perform variance analysis and identify key drivers in support of business performance improvement and strategic decision-making.
- Conduct regular financial reviews with business partners to communicate financial performance, key business issues, and provide valuable insight to help business achieve financial goals.
- Assisting business partners with financial guidance and analysis on capital and project request.
- Drive process improvement by collaborating with various teams to enhance and automate financial processes.
- Lead annual allocation process ensure that spending aligns with the division's overall goals.
- Provide ad-hoc analyses to support complex decision making with site operations leadership, and present recommendations to management and business leaders.
Required Qualifications:
- Associate Degree in Accounting / Finance required
- Minimum 5+ years' experience
- Self-motivated and proactive, setting high standards for success;
- Strong analytical and critical thinking skills;
- Accuracy and attention to detail;
- Great communication skills and ability to articulate results based on audience;
- Quick learner and adaptable to changes and new environment.
Preferred Qualifications:
- BS in Accounting / Finance
- Minimum 5 years of accounting / financial planning and analysis experience, with manufacturing / costing background
- Technical proficiency:
- Proficiency with Excel (e.g. Pivot table, common Excel functionalities), Word, and PowerPoint; strong experience with SAP ERP and Hyperion Planning/Essbase systems.
- Familiarity with VBA, Python programming language and/or willingness to learn.
The base pay for this position is $86,700.00 $173,300.00. In specific locations, the pay range may vary from the range posted.