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:

• 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 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

A healthy heart is essential to good health. That is why we're committed to advancing treatments for people with cardiovascular disease. As a global leader in Cardiac Rhythm Technologies, our breakthrough medical technologies help restore people's health so they can get back to living their best lives, faster. We focus on innovative technologies that can improve the way doctors treat people with heart arrhythmias, or irregular heartbeats. 

Our location in Minnetonka, MN currently has an opportunity for a Financial Analyst.  The Financial Analyst will be an FP&A professional supporting Cardiac Rhythm Management Factory Focused Operations team for the Minnetonka, MN manufacturing facility. This position will be partnering site operations leadership to drive financial ownership, cost efficiency, and business excellence. Scope of responsibilities include financial planning of capital projects, consolidation of site P&L, quarterly “latest best estimate” forecast cycles, annual product standard cost setting, preparation of presentations for month-end and forecast results, and strategic ad hoc analyses. 

What You’ll Work On

• Collaborate with site finance and operations leadership to develop budgets and forecasts in support of annual Plan and quarterly LBE (Latest Best Estimate) for the Minnetonka, MN, manufacturing site.  Perform variance analysis and identify key drivers in support of business performance improvement and strategic decision-making.  

• Participate in the annual standard cost setting cycle for all manufactured Minnetonka CRM products. 

• Conduct regular financial reviews with business partners to communicate financial performance, key business issues, and provide valuable insight to help business achieve financial goals. 

• Provide ad-hoc analyses to support complex decision making with site operations leadership, and present recommendations to management and business leaders. 

Required Qualifications

• Associate Degree in Accounting / Finance required 

• Minimum 1+ years’ experience 

• Skill set: 

• Self-motivated and proactive, setting high standards for success; 

• Strong analytical and critical thinking skills; 

• Accuracy and attention to detail; 

• Great communication skills and ability to articulate results based on audience; 

Preferred 

• BS in Accounting / Finance 

• Minimum 3 years of accounting / financial planning and analysis experience, with manufacturing / costing background

• Proficiency with Excel (e.g. Pivot table, common Excel functionalities), Word, and PowerPoint; strong experience with SAP ERP and Hyperion Planning/Essbase systems. 

• Familiarity with VBA, Python programming language and/or willingness to learn. 

• Self-motivated and proactive, setting high standards for success

• Strong analytical and critical thinking skills; 

• Accuracy and attention to detail; 

• Great communication skills and ability to articulate results based on audience; 

• Quick learner and adaptable to changes and new environment. 

 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 Twitter @AbbottNews.