Financial Analyst

Posted Yesterday
Be an Early Applicant
3 Locations
53K-107K Annually
Junior
Healthtech
The Role
As a Financial Analyst at Abbott, you will analyze accounts, prepare financial reports, reconcile balance sheet accounts, manage cash flows, and ensure compliance with accounting practices. You will also assist in budgeting and support audits while maintaining integrity in financial data management.
Summary Generated by Built In

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:

Job Title

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 will have access to:

  • Career development with an international company where you can grow the career you dream of.
  • Health Insurance (starting on Day 1 of employment), Savings Plan (401K) with company match, Life insurance for you and your spouse/children, Short Term Disability, Long Term Disability, Education Assistance, Employee Assistance Program, Vacation, Sick, Personal Days.
  • 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

This position works out of our San Juan location in the International Finance (IFO) Division.

Our medical devices help more than 10,000 people have healthier hearts, improve quality of life for thousands of people living with chronic pain and movement disorders, and liberate more than 500,000 people with diabetes from routine finger sticks.

As the Financial Analyst, you will perform a variety of complex duties in general accounting such as analyzing accounts, preparing reports, reconciling balance sheet accounts, and performing the monthly financial close, initiating bank transfers, and cash management. Ensures integrity of affiliate business financials and maintains sound internal controls consistent with General Accepted Accounting Practices, Corporate Financial Procedures, and sound business practices.

What You’ll Do

  • Responsible for General Accounting Journal entries such as Cash, Inventory In transit, Intercompany, among others. 
  • Responsible of properly completing assigned group reconciliations including resolving reconciling items and any issues on a timely manner.
  • Support share services in the intercompany process and resolution of any OOB in a timely matter.
  • Process cash management for all Puerto Rico affiliates.
  • Maintain controls to assurance appropriate integrity and reasonableness of financial data as well as compliance with corporate, division financial policies and procedures, and understanding of GAAP.
  • Oversees physical inventory verification.
  • Prepares financial data and issuance of accurate month end activities in accordance with Corporate and Division calendars and acts as backup for month end reporting in HFM.
  • Responsible for adherence to Abbott accounting policies and procedures (CFMs). Provide financial support and fully support achievement of financial plans, goals and objectives.
  • Support external and internal audits in the information gathering and analysis.
  • Support Commercial Divisions on preparation of business Plan and LBE's, budget monitoring and provide financial data details.
  • Operate with limited supervision on projects with significant interface across functions and groups, meet deadlines and balance workload requirements.

Required Qualifications

  • Bachelor’s degree in accounting: Finance or Business Administration. 
  • Knowledge of Generally Accepted Accounting Principles.
  • Ability to understand accounting cycle and perform various analyses required.
  • Good communication, organizational, and time management skills.
  • Proficient PC software, including experience in Word, spreadsheets and accounting applications.
  • Must be detail-oriented and demonstrate the ability to comply with monthly closing deadlines.
  • Professional attitude and high level of integrity.
  • Work collaboratively in a team environment.
  • Two (2) to Four (4) years of experience in accounting.

Apply Now

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

$53,300.00 – $106,700.00

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

     

JOB FAMILY:Financial Planning and Analysis

     

DIVISION:IFO International Finance

        

LOCATION:Puerto Rico > San Juan : 9615 Los Romeros Avenue

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:Standard

     

TRAVEL:Not specified

     

MEDICAL SURVEILLANCE:Not Applicable

     

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

     

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

Accounting Applications
The Company
Abbot Park, IL
97,838 Employees
On-site Workplace

What We Do

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 109,000 colleagues serve people in more than 160 countries.

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