Financial Analyst III

Posted 3 Days Ago
Be an Early Applicant
2 Locations
Mid level
Healthtech
The Role
The Financial Analyst III at Abbott acts as a business partner, engaging in budgeting, forecasting, product costing, month-end closing, variance analysis, and financial reporting. The role involves data consolidation, preparing presentations, and supporting operational managers with performance metrics and financial analysis, primarily in a manufacturing context.
Summary Generated by Built In

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 family, be your true self, and live a full life. You will have access to:

  • Career development with an international company where you can grow the career you dream of. 
  • Health plan, life insurance, tuition, stock purchase plan, Asociación Solidarista, cafeteria subsidy, free parking lot, among others.
  • 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 diverse, working mothers, female executives, and scientists.

The Opportunity

This is an open role to proactively prospect candidates for future opportunities at Abbott.

The position functions as a business partner with operations on various financial matters such as budgeting, forecasting, product costing, manufacturing variances analysis and reporting, capital projects and other related financial requests. The analyst works in the month-end closing activities, consolidates data and prepares presentations as requested.

 

What You’ll Do  

  • Budget / Forecasting - Active participation in the preparation of the annual manufacturing budget plan; Coordinate the collection of information and analyze and summarize the necessary data for the timely preparation of quarterly forecasts.
  • Product Costing - Support the development of standard product costing, after proper verification of routings, bills of materials and components costs, including review for reasonableness. Prepare cost estimates as required.
  • Closing/ Reporting – Participates in the month end close process, reviews spending account accuracy and propose accruals as necessary. Analyze financial results, verify reasonableness and provide management with manufacturing performance reports on a daily, weekly or monthly basis, including manufacturing variance analyses and appropriate explanations of yields, scrap, rework and other factors. Analysis of inventory balances.
  • Operational business support - Review and analyze Production Order Variances (POV) and reporting results, support operational managers in the monetary spending overhead analysis and budget control.
  • Fixed assets - Review all capital expenditure requests comply with: proper forms, accounting treatment and necessary back up information; follow up on construction in progress projects to ensure its timely closing and capitalization, and to ensure forecasts and budgets accurately reflect correct assumptions for future depreciation.
  • Participate in New Product Transfers as required supporting budgeting/forecast process, analysis as required.

Shift: Admin (Monday – Friday from 8:00 am to 5:00 pm)

On-Site position

 

Required Qualifications 

  • 3 years minimum experience in Accounting, Finance or related field of study (Engineering/Economics), preferably in a manufacturing environment.
  • Advanced Commands of English / Required
  • Knowledge of integrated cost accounting systems
  • Project management desired
  • Preferably experience in a manufacturing environment in Accounting and/or Finance with knowledge of integrated cost accounting systems and information systems (SAP preferred)

Apply Now 

 

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. 

The base pay for this position is

N/A

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

JOB FAMILY:Financial Planning and Analysis

DIVISION:EP Electrophysiology

LOCATION:Costa Rica > Alajuela : Parque Industrial, Zona Franca Coyol S.A Edificio #44B, Call0, Avendia 2

ADDITIONAL LOCATIONS:

WORK SHIFT:Cr09Sal (Costa Rica)

TRAVEL:No

MEDICAL SURVEILLANCE:Yes

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

The Company
Abbot Park, IL
97,838 Employees
On-site Workplace

What We Do

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 109,000 colleagues serve people in more than 160 countries.

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