Senior Financial Analyst at Abbott (Minneapolis, MN)

| Minneapolis–Saint Paul, MN
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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 113,000 colleagues serve people in more than 160 countries.

JOB DESCRIPTION:

For years, Abbott's MEDICAL DEVICES businesses have offered technologies that are faster, more effective, and less invasive. Whether it's glucose monitoring systems, innovative therapies for treating heart disease, or products that help people with chronic pain or movement disorders, our medical device technologies are designed to help people live their lives better and healthier. Every day, our technologies 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 finger sticks.

We are seeking an experienced, high caliber Senior Financial Analyst who will focus on Finance tasks supporting Heart Failure Clinical, Regulatory, Medical Affairs and Digital. This includes preparing financial budgets, workforce planning & analysis, assisting with monthly financial closing activities, analysis and review of operating results, assisting staff with all required finance tasks, ad hoc analysis, and presentations.

WHAT YOU'LL DO
  • Exercises judgment in planning, organizing and performing work; monitors performance and reports status within area of responsibility
  • Routinely performs financial planning and analysis activities for the Heart Failure Clinical, Regulatory, Medical Affairs and Digital, which may include any combination of the following areas: budgeting and forecasting, detailed variance analysis, headcount analysis and purchase requisition approvals.
  • Participates in 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.
  • Prepares and distributes financial reports and packages by gathering and analyzing information related to current performance.
  • Partners with business to develop month-end analysis and commentary related to the financial close cycle and quarterly LBE cycles.
  • Understand the business as a subject matter expert, represents the business in finance decisions
  • Supports the business in the preparation of capital purchase requisitions
  • Participates in ad hoc analysis and reporting as required by finance management and/or the groups supported.
  • Complies with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments.
  • Maintains positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors.
  • Executes annual goals and objectives as defined by the HF Finance team.

EDUCATION AND EXPERIENCE YOU'LL BRING
  • A Bachelor's Degree in Business Administration, Finance, Accounting, a related field, or equivalent
  • A minimum of 5 years of related finance experience with progressively more responsibility
  • A comprehensive knowledge of balance sheet transactions and their impacts on the income statement is also required
  • A qualified record of implementing new processes effectively and efficiently
  • An in-depth knowledge and experience of GAAP
  • Documented record of delivering information that adds value to management's decision-making process.
  • Advanced computer skills including spreadsheet, word processing, data base management, and other relevant applications
  • Must have the ability to meet the deadlines on multiple assignments
  • Must be able to perform in a diverse cross-functional team environment
  • Strong analytical and problem-solving skills
  • Ability to work independently and with senior management
  • Excellent oral and written communication skills
  • Ability to converse effectively with all levels of employees
  • Ability to work in a highly matrixed and geographically diverse business environment.
  • Ability to work within a team and as an individual contributor in a fast-paced, changing environment.
  • Ability to leverage and/or engage others to accomplish projects.

Preferred
  • An advanced credential, such as an MBA, CPA, CMA, or CPIM designation or equivalent
  • Strong experience with SAP ERP system software and Hyperion Planning/Essbase systems

WHAT WE OFFER

At Abbott, you can have a good job that can grow into a great career. We offer:
A fast-paced work environment where your safety is our priority
• Production areas that are clean, well-lit and temperature-controlled
Training and career development, with onboarding programs for new employees and tuition assistance
Financial security through competitive compensation, incentives and retirement plans
Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
Paid time off
401(k) retirement savings with a generous company match
The stability of a company with a record of strong financial performance and history of being actively involved in local communities

Learn more about our benefits that add real value to your life to help you live fully: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. 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

JOB FAMILY:
Financial Planning and Analysis

DIVISION:
EP Electrophysiology

LOCATION:
United States > Minnesota > Plymouth : 5050 Nathan Lane N

ADDITIONAL LOCATIONS:

WORK SHIFT:
Standard

TRAVEL:
Yes, 5 % of the Time

MEDICAL SURVEILLANCE:
No

SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)

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
More Information on Abbott
Abbott operates in the Healthtech industry. The company is located in Abbot Park, IL. Abbott was founded in 2022. It has 97838 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 180 open jobs at Abbott, click here.
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