JOB DESCRIPTION:
Sr. 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 the Irvine, CA site in the EP Electrophysiology division. In Abbott’s Electrophysiology (EP) business, we’re advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives.
What You’ll Work On
- Prepare financial analyses and reports to support Annual Plan and Latest Best Estimate (LBE) quarterly forecast process for all aspects of Electrophysiology (EP) Division support the month-end close process and reporting of monthly financial performance metrics.
- Conduct and document financial analysis projects by collecting financial data, including formation on costs, prices, expenses, investments, cash flow, Profit & Loss (P&L), inflation, interest rates, exchange rates, and revenues.
- Develop budgets and forecasts in support of Annual Plan, LRP (long-range plan), and LBE (Latest Best Estimate).
- Prepare month-end journal entries and variance analysis.
- 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 an effective and efficient planning process for the division and functional areas being 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.
- Support and coordinate processes related to corporate, domestic, and international accounting and financial policies, standards, and requirements, including US GAAP and IFRS.
- Utilize technologies and systems to carry out responsibilities, including Advanced MS Excel (Pivot Tables, VLOOKUP) and MS Power Point.
Required Qualifications
- Bachelor’s or foreign equivalent degree in Finance, Business Administration, Accounting, or in related field of study with at least 4 years of professional experience in:
- Conducting and documenting financial analysis projects by collecting financial data, including formation on costs, prices, expenses, investments, cash flow, Profit & Loss (P&L), inflation, interest rates, exchange rates, and revenues
- Developing budgets and forecasts in support of Annual Plans, LRPs (long-range plans), and LBEs (Latest Best Estimates)
- Financial modeling, data mining and presentation support
- Supporting and coordinating processes related to corporate, domestic, and international accounting and financial policies, standards, and requirements, including US GAAP and IFRS
- Advanced MS Excel (Pivot Tables, VLOOKUP) and MS Power Point
Preferred Qualifications
- Strong background in costing and cost analysis, with the ability to interpret and apply costing data to support strategic decision-making.
- Proficiency in SAP and Power BI
- Demonstrated ability to work independently, take initiative, and hit the ground running in a fast-paced environment.
- Results-oriented mindset with a focus on driving efficiency, accuracy, and business impact.
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.
The base pay for this position is
$86,700.00 – $173,300.00In specific locations, the pay range may vary from the range posted.
JOB FAMILY:Financial Planning and Analysis
DIVISION:EP Electrophysiology
LOCATION:United States > Irvine : 2375 Morse Ave
ADDITIONAL LOCATIONS:
WORK SHIFT:Standard
TRAVEL:No
MEDICAL SURVEILLANCE:Not Applicable
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
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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.
