Senior Financial Analyst

Posted 2 Days Ago
Be an Early Applicant
3 Locations
84K-167K Annually
3-5 Years Experience
Healthtech
The Role
The Senior Financial Analyst at Abbott will be responsible for complex financial planning, analyses, and reporting for the Enterprise Accounts team. This role involves preparing financial analyses, supporting financial decision-making, and executing compensation planning. The analyst will also be involved in cross-business unit deal planning and financial modeling, maintaining planning processes, and performing ad hoc requests for senior management.
Summary Generated by Built In

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:

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

We are currently recruiting for an experienced, highly capable Sr. Financial Analyst to support Abbott’s Enterprise Accounts commercial team in our Santa Clara, CA location. This position is a key role within Medical Device Division’s FP&A team that partners with various levels of leadership to drive financial ownership, financial discipline, and business excellence. You will be responsible for complex financial planning, analyses, and reporting for the business.

What You’ll Work On

  • Prepare financial analyses and reports to support the Annual Plan and Latest Best Estimate (LBE) quarterly forecast process for the Enterprise Accounts team. 
  • Partner with Commercial and Functional teams to analyze sales and P&L performance versus various financial benchmarks.
  • Support the month-end close process and reporting of monthly financial performance metrics.
  • Prepare month-end journal entries and variance analysis to support financial decision making.
  • Execute compensation planning and performance measurement.
  • Support Cross-business unit deal planning and financial modeling.
  • Develop flexible, comprehensive tools and templates to support the consolidation and timely completion of corporate schedules as well as develop system solutions and process improvements that meet the needs of the financial planning and/or reporting requirements.
  • Maintain effective and efficient planning process for the departments supported, including the coordination of a planning calendar with key dates and deliverables. 
  • Perform ad hoc requests and drive cross-business analytic projects for senior management, with financial modeling, data mining and presentation support.
  • Key liaison between Medical Device Division FP&A, Enterprise Accounts leadership, and functional commercial leaders in Medical Device Business Units.

Required Qualifications

  • BA / BS Accounting or Finance or related field
  • 3+ years of Financial Planning and Analysis experience

Preferred Qualifications

  • CPA or advanced education degree is preferred
  • Advanced level of proficiency with Excel (e.g., Pivot tables, VLOOKUP)
  • Proficiency with PowerPoint
  • Ability to quickly learn and navigate new software systems
  • Accuracy and attention to detail
  • Strong analytical and critical thinking skills
  • Excellent verbal and written communication skills
  • Ability to articulate financial results based on audience
  • Self-starter and can work independently
  • Highly structured and organized with strict adherence to deadlines

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.

The base pay for this position is

$83,600.00 – $167,200.00

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

JOB FAMILY:Financial Planning and Analysis

DIVISION:MD Medical Devices

LOCATION:United States > Santa Clara : Building B - SC

ADDITIONAL LOCATIONS:

WORK SHIFT:Standard

TRAVEL:Yes, 5 % of the Time

MEDICAL SURVEILLANCE:Not Applicable

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

Top Skills

Excel
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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