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:
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’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
Our location in Abbott Park, IL, currently has an opportunity for a Sr Financial Analyst Financial Planning & Analysis supporting Corporate Financial Services (CFS) / Shared Services Operations (SSO). This role is responsible for building strong business partnerships, and counseling executive management in the following specific activities: global value creation and initiatives, financial planning and analysis, forecasting, management financial reporting, internal controls and asset management. Comprehensively oversee, direct and coordinate key aspects of the CFS/SSO Financial Planning processes and ensure alignment with Abbott Corporate and CFS/SSO business requirements.
What You’ll Work On:
- This position is responsible for driving results through innovative value creation and initiatives for continuous measurable improvements. Specifically, manage and coordinate with key business partners in the preparation business review presentations and related backup/analysis. The presentation, backup, and analysis must be comprehensive and include the assessment of all data and assumptions, used in the planning development, for reasonableness and the degree of achievability of these forecasts.
- Responsible for integrity and validity of financial information (P&L, Cash Flow and Capital), which is critical to the organization in making timely and informed business decisions which support Division/Corporate goals and objectives. Successfully manage risks and opportunities using external and internal signals and data.
- Manage and maintain capital planning calendar, activities and financial templates to support Plan/LBE/Actual requirements across the division. Monitor progress of capital planning process with CFP&A and prepare reports/analysis to support Plan/LBE/Actual requirements for Capital Authorizations, CAPEX and Project Expense.
- Maintain close relationship with key business partners in CFS/SSO and commercial divisions. Advise these stakeholders based on insights, expertise and diverse perspectives.
- Responsible for understanding drivers, KPI’s and metrics in key areas of the business. Clearly communicate accurate and relevant information which result in timely decisions and actions.
- Prepare various management presentations, relevant data, financial analyses, special projects and related consultation to senior divisional management in planning and achieving short and long-term financial objectives.
- Oversee and coordinate internal key management financial reporting for CFS/SS0.
Required Qualifications:
- Bachelor’s Degree in Finance or Accounting, (a CPA and/or MA, MBA is a plus).
- 2+ years minimum experience
- Experience in developing financial models and future planning according to operating needs and growth strategies.
- Previous experience leading and controlling multiple projects and project teams both locally and remote is desired.
- Ability to drive team to delivery, maintain team's focus during periods of change and shifting priorities
- Demonstrated ability to successfully lead complex projects.
- Must be a motivated, forward-thinking individual
- Exercises good judgment and understanding of dependencies across multiple projects
- Demonstrates strong interpersonal skills
- Structured and organized; use a variety of project management tools to keep projects on track; advocate for best practices and identify/implement them where gaps exist.
Preferred Qualifications:
- Strong analytical, problem-solving, and organizational skills, as well as attention to detail
- Excellent communication skills with all levels, functions and organizations in a global environment
- Ability to adapt to changing requirements
* 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.
The base pay for this position is
$75,300.00 – $150,700.00
In specific locations, the pay range may vary from the range posted.
JOB FAMILY:Financial Planning and Analysis
DIVISION:FIN Corporate Finance
LOCATION:United States > Abbott Park : AP06D
ADDITIONAL LOCATIONS:
WORK SHIFT:Standard
TRAVEL:No
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
Abbott Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Abbott and has not been reviewed or approved by Abbott.
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Healthcare Strength — Health coverage is frequently characterized as comprehensive and a standout element of the package, with medical, dental, vision, mental health support, wellness resources, and care coordination highlighted. Feedback suggests these offerings materially enhance total compensation beyond base pay.
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Retirement Support — Retirement programs feature strong 401(k)-style contributions and the Freedom 2 Save option that builds savings while employees pay down student loans. Feedback suggests these components are a core value driver of the overall package.
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Leave & Time Off Breadth — Time off provisions are portrayed as generous, encompassing vacation, holidays, and paid parental leave. Feedback suggests this breadth meaningfully boosts perceived total rewards.
Abbott Insights
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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.
