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.

Senior Financial Analyst

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

We are recruiting for a Senior Financial Analyst to join our team in our Plymouth, MN location with the Electrophysiology Medical Devices team. 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.

In this role, you will be responsible for the reporting of results on a monthly basis, as well as for budget cycles, and for any ad hoc analysis requested from leadership. You will also be responsible for preparing financial presentation content for executive meetings, participate in ad hoc projects or assignments, and support month end close and internal and external audits by preparing and providing relevant reports and analysis.

What You’ll Work On

• Provides cost planning, analysis and reporting to management for assigned manufacturing site, which likely includes setting production cost standards for labor and material, maintaining and updating standard cost files, partnering with manufacturing managers to develop and track budgets, updating forecasts, providing variance analysis and providing product cost analysis.
• Provides timely and accurate reporting to management leveraging your knowledge of the finance systems and your familiarity with the business operations.
• Based on reporting and analysis, makes recommendations to finance management to save costs, scale for the future and maintain data accuracy.  This may include making recommendations related to purchase price, scrap, inventory cycle counts, work order volume, etc.
• Provides month end close support and reporting to finance department leadership
• Serves as finance subject expert for assigned manufacturing entity and leads special projects as assigned by finance management
• Execute reporting based on pre-established schedules for monthly and quarterly corporate reporting and external & internal audits

Required Qualifications

• Bachelor’s Degree in Finance, Accounting, Business or related field
• 4+ years of experience performing month-end close activities, financial and variance analysis, and/or forecasting in a manufacturing environment
• Proficient with MS Office Suite (Excel, PowerPoint and Word)
• Demonstrated experience working with financial system applications
• Strong verbal and written communication skills
• Strong attention to detail
   

Preferred Qualifications

• MBA, CPA or CMA preferred
• Working knowledge of Hyperion Essbase and/or SAP
• Ability to work effectively and with flexibility under uncertainty and changing priorities

* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies 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:  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 Twitter @AbbottNews and @AbbottGlobal.

The base pay for this position is $78,000.00 – $156,000.00. In specific locations, the pay range may vary from the range posted.