• Financial Analyst II

    Abbott (Plymouth, MN)


    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.

     

    Financial Analyst II

     

    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 (https://www.abbott.com/corpnewsroom/strategy-and-strength/tackling-student-debt-for-our-employees.html) student debt program, and FreeU (https://www.abbott.com/corpnewsroom/strategy-and-strength/college-degree-for-free-its-possible-with-freeu.html) 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

     

    This position works out of our Plymouth, MN location in the Electrophysiology Medical Device division. 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.

     

    The Electrophysiology Division is currently recruiting a 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.

    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.

    + 2+ 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.

    Preferred Qualifications:

    + Experience in expense planning and financial modeling.

    + Experience in Hyperion Essbase.

    **Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:** www.abbottbenefits.com (http://www.abbottbenefits.com/pages/candidate.aspx)

     

    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 $60,000.00 – $120,000.00. In specific locations, the pay range may vary from the range posted.

     

    An Equal Opportunity Employer

     

    Abbot welcomes and encourages diversity in our workforce.

     

    We provide reasonable accommodation to qualified individuals with disabilities.

     

    To request accommodation, please call 224-667-4913 or email [email protected]