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Abbott

Senior Financial Analyst

Posted 8 Hours Ago
Be an Early Applicant
Remote
3 Locations
Mid level
Remote
3 Locations
Mid level
As a Senior Financial Analyst at Abbott, you will oversee financial forecasting, variance analysis, and standard cost setting within the Diabetes Care division, while collaborating with TPM Operations and leadership to ensure budgetary compliance and performance accountability.
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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:

About Abbott

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

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 is an onsite opportunity in the Abbott Diabetes Care Division. We are helping people with Diabetes lead healthier, happier lives. As a global leader in diabetes care, Abbott is constantly working to deliver the highest quality products and unwavering support to our customers.  Consistent and accurate glucose monitoring is the foundation of any diabetes management plan, so we’re committed to continuous improvement in the way patients and professionals measure, track and analyze glucose levels.

As a Senior Financial Analyst, you will support Abbott Diabetes Care Global Third-Party Manufacturing (TPM) operations. This person will be reporting to the Finance Supervisor, Global TPM Operations and should be able to understand and apply complex concepts, identify risks, propose recommendations and solutions to issues, and implement solutions for problem resolution.  This is an onsite opportunity in Alameda, CA.
Main Responsibilities:

  • Work closely with TPM Operations and Engineering key business partners to prepare capital and project expense forecasts, variance analysis, commentary and forecast submission.
  • Conduct monthly review on capital / project expenses with key business leaders to highlight performance, risks, and opportunities to ensure budgetary accountability and forecast accuracy.
  • Work closely with TPM Operations and Center of Excellence teams to coordinate and execute Fixed Asset end-to-end process.
  • Support consolidation and prepare variance analysis, commentary, and submission of Global TPM financials, including P&L, Balance Sheet and Capital for month-end, quarterly business/finance reviews, and 5-year plans.
  • Support ADC annual standard cost setting process, interacting with ADC manufacturing sites to prepare cost variance analysis, commentary, and standard cost submission.
  • Gross Margin Initiatives (GMI) analysis and forecasting, facilitate the Provalido status update with business, and ensure GMIs are accurately captured in LBEs.
  • Drive cost savings, process efficiencies, and deliver key insights for global TPM business to the broader management team.
  • Adhoc analysis and reporting

Experience and Skills You will bring:

  • 3-5 years of accounting / financial planning and analysis experience, with manufacturing / costing background preferred.
  • BS in Accounting / Finance required.
  • Ability to plan, implement, and administer financial information and control systems.
  • Knowledge of the principles, processes and standards for integrated financial analysis and reporting.
  • Knowledge of ERP systems and a high proficiency in Excel and PowerPoint applications.  SAP experience is ideal.
  • Excellent communication and interpersonal skills, with ability to effectively interact with Senior Leadership for groups managed.
  • Exceptional problem solving and data analytics skills is a must.

Apply Now

* 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

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 and @AbbottGlobal.

Divisional Information

Medical Devices

General Medical Devices:

Our medical devices help more than 10,000 people have healthier hearts, improve quality of life for thousands of people living with chronic pain and movement disorders, and liberate more than 500,000 people with diabetes from routine fingersticks.

CRM

As a global leader in Cardiac Rhythm Technologies, we focus on innovative technologies that can improve the way doctors treat people with heart arrhythmias, or irregular heartbeats.

Diabetes

We’re focused on helping people with diabetes manage their health with life-changing products that provide accurate data to drive better-informed decisions. We’re revolutionizing the way people monitor their glucose levels with our new sensing technology.

Vascular

Abbott Vascular provides innovative, minimally invasive, and cost-effective products for treatment of vascular disease.

Neuromodulation

Our Neuromodulation business includes implantable devices compatible with mobile technology to help people who suffer from chronic pain and movement disorders. These non-opioid therapies allow us to provide interventional pain therapy to patients throughout the pain continuum.

Structural Heart Business Mission:  why we exist

Our business purpose is to restore health and improve quality of life through the design and provision of device and management solutions for the treatment of structural heart disease.

EP

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.

HF

In Abbott’s Heart Failure (HF) business, we’re developing solutions to diagnose, monitor and manage heart failure, allowing people to restore their health and get on with their lives.

Diagnostics

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.

Abbott Molecular is a leader in molecular diagnostics and the analysis of DNA, RNA, and proteins at the molecular level.

Our Point of Care diagnostic portfolio spans key heath and therapeutic areas, including infections disease, cardiometabolic, informatics and toxicology.

Our diagnostic solutions are used in hospitals, laboratories and clinics around the globe. The crucial information derived from our tests, instruments and informatics systems are 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.

Our rapid diagnostics solutions are helping address some of the world’s greatest healthcare challenges.

Nutrition

Our nutrition business develops science-based nutrition products for people of all ages, from helping babies and children grow to keeping adult bodies strong and active. Millions of people around the world count on our leading brands – including Similac®, PediaSure®, Pedialyte®, Ensure®, and Glucerna® – to help them get the nutrients they need to live their healthiest lives.

     

The base pay for this position is

$86,700.00 – $173,300.00

In specific locations, the pay range may vary from the range posted.

     

JOB FAMILY:Financial Planning and Analysis

     

DIVISION:ADC Diabetes Care

        

LOCATION:United States > Alameda : 1360-1380 South Loop Road

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:Standard

     

TRAVEL:Yes, 10 % of the Time

     

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

Costing
Erp Systems
Financial Analysis
Financial Planning
Manufacturing

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