Job Information
Abbott Senior Financial Analyst in Austin, Texas
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.
Senior 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.
Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
An excellent retirement savings plan with 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 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 Austin, TX, location in the Electro-Physiology 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.
We are currently recruiting for a Senior Financial Analyst . This position is a key value-added role that partners with various levels of leadership to drive financial ownership, cost efficiency, and process improvement. You will be responsible for complex, timely, and accurate financial planning, forecasting, and reporting for the business. Scope includes Month-End Close, Quarterly Forecasts, Best Estimated, Annual Plan and Business Review. Additionally, you will be providing standard cost analysis, margin analysis, and involve in process improvement initiatives.
What You'll Work On
Execute Month-End close process including review accrual request, 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.
Assist with market share reporting to Medical Device Division, Corporate and Investor Relations.
Support new product financial review by gathering business inputs, complete financial modeling, and financial analysis. Summarize findings and results into presentation.
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.
Support other internal finance requests or enquiries from business partners.
Required Qualifications:
Bachelor’s degree in finance, accounting, or related field.
4+ years of full-time experience in FPA (Financial Planning and analysis) and financial modelling.
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, problem solving, analysis skills, accuracy, and attention to details.
Experience in SAP, Hyperion Essbase, Business Objects.
Preferred Qualifications:
Experience in expense planning and financial modelling
Experience with Hyperion SmartView/Essbase, SAP and Business Objects
Apply Now (https://www.jobs.abbott/us/en)
- Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.
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 $72,700.00 – $145,300.00. 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 corpjat@abbott.com
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