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:

Senior Financial Analyst

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 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 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 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 or Pleasanton, CA location in the Heart Failure division. 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.

As the Senior Financial Analyst, you will focus on Finance tasks supporting Heart Failure Marketing, Clinical, and Regulatory. 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 Work On
  • 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 Marketing, Clinical, and Regulatory, 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.
  • Other tasks as necessary.

Required Qualifications
  • A Bachelor's Degree in Business Administration, Finance, Accounting, a related field, or equivalent.
  • 5+ years of 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.
  • 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

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.

JOB FAMILY:
Financial Planning and Analysis

DIVISION:
EP Electrophysiology

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

ADDITIONAL LOCATIONS:
United States > Pleasanton : 5000 Franklin Dr

WORK SHIFT:
Standard

TRAVEL:
No

MEDICAL SURVEILLANCE:
Not Applicable

SIGNIFICANT WORK ACTIVITIES:
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
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 206 open jobs at Abbott, click here.
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