Abbott Logo

Abbott

Senior Financial Analyst

Posted 14 Hours Ago
Remote
4 Locations
Senior level
Remote
4 Locations
Senior level
The Senior Financial Analyst will manage financial consolidation, forecasting, and reporting within the Electrophysiology Division. Responsibilities include month-end close, variance analysis, and process improvement initiatives, along with creating financial models using Excel and collaborating with business partners for effective financial performance communication.
The summary above was generated by AI

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.

     

JOB DESCRIPTION:

Senior Financial Analyst

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 Electrophysiology Division is currently recruiting a Senior Financial Analyst to work out of our Plymouth, Minnesota facility.  This position is a key value-added role that partners with various levels of leadership to drive financial ownership, variance analysis and commentary for senior management, and process improvement.  The person will be responsible for complex, timely, and accurate financial consolidation of full P&L, forecasting, and reporting for the business.  Scope includes Consolidation of full P&L, Capital Consolidation, Month-End Close, Quarterly Forecasts, support the development of the Annual Operating Plan, and monthly Business Reviews.  Additionally, the person will provide sales and margin analysis, and be involved in process improvement initiatives. 

In Abbott’s Electrophysiology (EP) business, we’re advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives.

What You'll Work On 

  • Support the Month-End close process including accrual requests, journal entries preparation, spending/headcount review, variance analysis to forecast, and reporting of monthly results to management.  

  • Contribute to the quarterly forecast processes by independently taking ownership for assigned areas. This includes discussion with the respective business partners, understand business inputs and assumptions, consolidate inputs to division level, commenting on the final numbers, provide effective communication to leadership on performance and drivers, and driving excellence in both processes and used tools. 

  • Identify areas that can be improved and constructively propose new solutions that drive efficiencies. Develop and utilize sound financial processes to drive improved business performance. 

  • Financial modeling with extensive use of Excel.

  • Support other Ad Hoc finance requests or enquiries from business partners. 

Required Qualifications: 

  • Bachelor’s degree in finance, accounting, or related field. 

  • 3+ years of full-time experience in FP&A (Financial Planning and analysis).

  • Excellent skills in computer applications (MS Excel and PowerPoint). 

  • Excellent verbal and written communication skills with ability to effectively communicate at multiple levels in matrix-oriented organization. 

  • Strong analytical and problem-solving skills.

  • High level of accuracy and attention to details. 

  • Experience in Hyperion Essbase.

Preferred Qualifications: 

  • Experience in expense planning and financial modeling.

  • Experience with SAP and Business Objects.

Apply Now

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:  www.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 www.abbott.com, on Facebook at www.facebook.com/Abbott, and on X @AbbottNews.

     

The base pay for this position is

$72,700.00 – $145,300.00

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

     

JOB FAMILY:Audit

     

DIVISION:EP Electrophysiology

        

LOCATION:United States > Minnesota > Plymouth : 5050 Nathan Lane N

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:Standard

     

TRAVEL:Not specified

     

MEDICAL SURVEILLANCE:No

     

SIGNIFICANT WORK ACTIVITIES:Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), 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

Top Skills

Excel
PowerPoint

Similar Jobs

Be an Early Applicant
14 Hours Ago
3 Locations
Remote
97,838 Employees
Senior level
97,838 Employees
Senior level
Healthtech
The Senior Financial Analyst at Abbott in Austin, TX is responsible for financial planning, reporting, and analysis. They develop detailed financial forecasts, monitor spending versus budget, prepare journal entries, and distribute financial reports.
Be an Early Applicant
6 Hours Ago
4 Locations
Remote
10,001 Employees
Senior level
10,001 Employees
Senior level
Fashion
The Senior Financial Analyst will support the Finance Manager in developing the annual budget, monthly forecasts, and strategic planning, along with analyzing and reporting on the company's financial results. They will collaborate with department managers, provide analytical support, and enhance financial reporting and processes while leading cross-functional projects.
Be an Early Applicant
16 Hours Ago
3 Locations
Remote
97,838 Employees
Mid level
97,838 Employees
Mid level
Healthtech
The Senior Financial Analyst will act as a key financial partner within the Global Supply Chain team, overseeing P&L and Capital forecasting, conducting financial analyses, and providing insights for decision-making. This role involves collaboration with various teams to support financial objectives and process improvements.

What you need to know about the Belfast Tech Scene

If asked to name the birthplace of the RMS Titanic, you might not say Belfast. Similarly, if asked to name Europe's leading destination for foreign direct investment in new software development, Belfast might not come to mind. Yet, both are true. The city has emerged as a tech powerhouse, recently ranked among the best in the U.K. for tech careers — especially for software developers. It also leads the U.K. with the highest percentage of software development jobs advertised.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account