Financial Analyst

Posted 8 Hours Ago
Be an Early Applicant
3 Locations
Remote
60K-120K Annually
Entry level
Healthtech
The Role
The Financial Analyst at Abbott will provide financial planning and analysis services, collaborating with Global Marketing Operations and Global Commercial Excellence teams. Responsibilities include monthly reporting, budget variance analysis, preparation of financial reports, and supporting process improvements.
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:

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 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 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 Lake Forest IL location in the Core Diagnostics Division.

We’re empowering smarter medical and economic decision-making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people.

Our diagnostic solutions are used in hospitals, laboratories, and clinics around the globe. The crucial information derived from our tests, instruments, and informatics systems is often the first step in patient care decision-making for hundreds of health conditions from heart attacks to blood disorders to infectious diseases and cancers.

What You’ll Work On

Responsible for providing financial planning and analysis services to Abbott Core DX Global Commercial HQ.  Position will be expected to complete a wide range of financial services and deliverables which assist management in timely and accurate preparation of quarterly LBEs/confirmations, monthly actual reporting and other ad-hoc analysis.

Main Responsibilities Include:
•    The Financial Analyst is a financial partner and counsel to Global Marketing Operations (GMO) and Global Commercial Excellence (GCE) and is responsible for financial planning and analysis, decision support and project support.
•    Key aspects of the role include meeting with business partners (GMO and GCE teams) to review actual results and gain intelligence for forecasts and other analytics, reviewing actual results.
•    Support the monthly closing process, including the preparation of journal entries and conducting research across multiple financial systems.  Provides analytical insight into budget variances and performance.
•    Verify that monthly departmental expense, payroll & HR information is accurate.
•    Support other Ad Hoc finance requests or enquiries from business partners. 
•    Prepares and presents dashboards and reporting packages for actuals and forecasts.
•    Participates in the consolidation of financial results and forecasts and assists Finance manager with ad-hoc analysis and preparation of review materials for presentation to Business and Finance leaders.
•    Prepare and distribute financial reports and packages by gathering and analyzing information related to current performance vs. prior year, plan, and latest forecast.
•    Assist in identification and implementation of process improvements.

Required Qualifications
•    Bachelor's degree with concentration in accounting or finance.
•    Prior financial planning and/or cost accounting experience preferred.
Preferred Qualifications
•    Proficient with financial modeling tools including Excel, PowerPoint, and other FP&A applications (TM1, SAP, HFM, Ariba, SRM)
•    Strong interpersonal skills, ability to interact with and support business partners.
•    Strong written and verbal communication skills
•    Ability to work on multiple priorities and execute in a fast-paced 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.

     

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.

     

JOB FAMILY:Financial Planning and Analysis

     

DIVISION:CRLB Core Lab

        

LOCATION:United States > Lake Forest : CP01

     

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

Top Skills

Excel
PowerPoint
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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