Senior Financial Analyst

Job description

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 115,000 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 family, be your true self and live a full life. You’ll also have access to:

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Career development with an international company where you can grow the career you dream of.

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Free medical coverage for employees* via the Health Investment Plan (HIP) PPO

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An excellent retirement savings plan with high employer contribution

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Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.

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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.

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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 position works out of our Menlo Park, CA location in the Structural Heart Division. Our business purpose is to restore health and improve quality of life through the design and provision of device and management solutions for the treatment of structural heart disease.

This role supports our Manufacturing Operations and Supply Chain with budgeting and forecasting. Responsible for developing, interpreting and implementing financial concepts for financial reporting and control.  Understand and apply complex concepts. Identify risks, propose recommendations and solutions to issues. Implement solutions for problem resolution.  Complete a wide range of financial services and deliverables. Assess reasonableness and relevance of financial assumptions with limited supervision.

What You’ll Work On

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Analyze monthly manufacturing and work orders variances.

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Develop Standard Cost and perform cost roll-up in SAP.
Create actuals that meet timing and quality of presentation requirements and facilitate management review and decision making.
Assure availability of timely and well-presented, high-quality actual P&L, balance sheet, and sales detail results vs. current and prior year benchmarks as well as trended information.

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Maintain controls to assure the integrity of assets and the compliance with GAAP.

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This responsibility should be performed in a way that avoids any surprises and that could reasonably have been foreseen by the relevant level of financial management as well as protecting the company's assets.

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Increase and maintain professional development to contribute to a financial organization capable of meeting Division and Corporate requirements.

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Ensures appropriate integrity and reasonableness of financial data as well as compliance with Corp/Div financial policies and procedures, and understanding of GAAP.

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Responsible for adherence to Abbott accounting policies and procedures (CFMs). Provide financial support and fully support achievement of financial plans, goals and objectives.

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Seeks guidance on issues outside of normal scope.

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Very organized with good interpersonal, communication, and presentations skills.

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Operate with limited supervision on projects with significant interface across functions and groups.

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Balance demands of a variety of customers with potentially conflicting goals.

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Meet deadlines with minimal supervision and balance workload requirements. Accountable for meeting critical project deliverables.

Required Qualifications

Bachelors degree or equivalent years' experience; bachelors' degree preferred in accounting or finance.  

3 plus years accounting or finance related experience.  

Ability to analyze and interpret data.

Ability to plan, implement, and administer financial information and control systems.  

Knowledge of the principles, processes and standards for integrated financial analysis and reporting.  

Proficient in Excel.

Understanding of financial accounting systems, preferably PeopleSoft.

* 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.

     

The base pay for this position is
$83,600.00 – $167,200.00

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

     

JOB FAMILY:

Financial Planning and Analysis

     

DIVISION:

SH Structural Heart

        

LOCATION:

United States > Menlo Park : 3885 Bohannon Drive

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:

Standard

     

TRAVEL:

No

     

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