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.

Financial Analyst II

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 Plymouth, MN location, supporting our Electrophysiology (EP) 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.

Responsible for financial planning, reporting and analysis. Prepares financial plans and forecasts based on performance expectations. Gathers and publishes financial information related to historical, current and future performance. Performs financial analysis utilizing appropriate financial concepts and techniques. Will support our Product Development team, and help align financial information and analysis into reporting and presentation as well as cross-train with other financial areas to gain expertise and provide a deeper bench in support of the finance team and future growth.

What You'll Work On

•Develop detailed financial forecasts incorporating historic, trended and current business information.

•Monitor functional and departmental spending versus budget by highlighting material variances using system generated detail and trend reports.

•Prepare journal entries and assist in month end close as needed to ensure proper accounting at the functional and departmental level.

•Prepare and distribute financial reports and packages by gathering and analyzing information related to current performance.

•Perform financial analysis, as directed by management, and recommend alternatives courses of action by utilizing appropriate financial tools . (e.g. EVA, NPV analysis).

•Evaluate new business opportunities, potential acquisitions, new products, tax planning and spending initiatives by modeling alternative financial scenarios (e.g. evenues, profitability etc).

•Prepare sensitivity analysis impact on revenue, expenses and profitability by modeling changes in key variables.

•Develop and utilize sound financial processes.

•Cultivates a wide range of internal networks and begins to develop an external network of resources to facilitate completion of tasks.

•May demonstrate basic project management skills by acting as a project lead on small, well defined projects.

•Provides guidance to less experienced staff.

•Influence exerted at peer level and occasionally at first levels of management.

Required Qualifications

Bachelors Degree in Accounting or Finance

2-3 years experience in finance or accounting

Systems experience with SAP, Excel, Powerpoint, Hyperion Essbase

Preferred Qualifications

Systems experience with PowerBI

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 $57,300.00 – $114,700.00. 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