JOB DESCRIPTION:
Working at Abbott
At Abbott, you can:
- Develop your career with an international company.
- Work for a company recognized globally as a great place to work and one of the most admired companies by Fortune.
- Be part of a diverse and inclusive workplace, recognized for supporting working mothers, female executives, and scientists.
The Opportunity
The role of Junior Financial Analyst is based in Roodepoort within the Established Pharmaceutical Division. Abbott focuses on providing high-quality branded generic medicines across various therapeutic areas, including gastroenterology, women’s health, cardiometabolic, pain management, and respiratory.
What you will do:
Planning and Forecasting
- Assist with the LBE/Plan process by collating all guidelines from area and division.
- Coordinate the information collection process from various departments.
- Maintain the calendarized P&L, performance, and exchange variance model per country.
- Maintain the departmental and promotional expense planning models per country.
- Maintain the standard cost calculation model and relevant analysis of duty, freight, and clearance costs.
- Electronic upload of the LBE/Plan information.
- Assist in planning and forecasting.
- Prepare monthly closing reports.
- Support margin improvement initiatives.
- Prepare and report capital expenditure budgets.
- Coordinate with commercial teams for analytics support.
- Maintain expense tracking and ensure compliance.
- Review cost center transactions.
- Coordinate with finance and commercial functions for accruals and provisions.
- Ensure compliance with financial policies.
- Support budgeting, planning, analysis, and reporting for the Africa Region.
- Assist the Senior Financial Analysts in financial close processes.
- Meet financial reporting requirements.
- Ensure audit readiness.
- Manage P&L and balance sheet transactions.
- Conduct regular balance sheet reviews.
- Set and follow up on credit terms and relationships with distributors.
Business Partnering
- Prepare detailed expense variance analysis reports for EPD cost center owners.
- Actively partner with cost center owners to monitor expenses and formulate action plans to ensure adherence to plan and LBE targets.
- Support the business with ad-hoc analysis as required.
General
- Assist with internal and external audit queries.
- Perform ad-hoc analyses and reports as required by the business.
- Assist in preparing and finalizing debit notes, invoice payment packs and resolve creditor queries.
Qualifications
- Required: Completed BCom Accounting degree with 1-2 years of Financial Analyst experience.
- Strong analytical and critical thinking skills, attention to detail, and the ability to influence and motivate others.
- Candidate who is a registered CA or eligible to register as a CA/CIMA is preferred.
Experience
At least 1-2 years within an FP&A role is essential
Completed articles (preferred)
Familiarity with IFRS to ensure proper recording of transactions
Costing experience
FMCG, multi-national and multi-market experience is beneficial
The base pay for this position is
N/A
In specific locations, the pay range may vary from the range posted.
JOB FAMILY:Financial Planning and Analysis
DIVISION:EPD Established Pharma
LOCATION:South Africa > Johannesburg : Abbott Place
ADDITIONAL LOCATIONS:
WORK SHIFT:Standard
TRAVEL:No
MEDICAL SURVEILLANCE:No
SIGNIFICANT WORK ACTIVITIES:Not Applicable
Top Skills
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.
