Financial Analyst

Abbott Laboratories; Porto; On-site; EUR 38,000 - 60,000; Full time

Job summary

Abbott Laboratories in Porto, Portugal, is seeking a Financial Analyst to join the FP&A team. The role supports the iSens Electronica organization with planning, forecasting, reporting and analysis to drive business performance.

The ideal candidate holds a Bachelor’s degree in finance-related fields, has about 2 years FP&A experience, and is proficient in Excel, Power BI, and ERP systems such as SAP. Strong analytical and cross-functional collaboration skills are essential.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business Administration or related field; MBA/CPA/CMA preferred.

Responsibilities

• Prepare and analyze monthly, quarterly, and annual financial results with key drivers, trends, risks and opportunities.
• Assist with financial reporting and performance analysis of iSens P&L including gross margin and operating expenses.
• Support FP&A Manager with development and maintenance of financial models and analyses.
• Prepare financial presentations and KPIs for senior leaders.
• Analyze cost drivers and performance metrics to identify margin improvement opportunities.
• Prepare monthly business review materials and management reporting packages.
• Monitor performance against budget and forecast and suggest corrective actions.
• Participate in cross-functional transformation and process improvement initiatives.
• Drive forecasting, reporting, and analytics process improvements through automation and BI.
• Support month-end and quarter-end close activities and ensure accuracy of financial results.
• Ensure compliance with policies and internal controls.
• Assist with integration of iSens with Abbott ERP; support standard costs accounting.

Skills

Analytical skills

Cross-functional collaboration

Education

Bachelor's degree in Finance/Accounting/Economics/Business Admin

MBA/CPA/CMA preferred

Tools

Excel

PowerPoint

Power BI

SAP

TM1

HFM

Job description

Location Portugal - Porto Category Finance

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 115,000 colleagues serve people in more than 160 countries.

JOB DESCRIPTION

Abbott has a new opening for a Financial Analyst position to join the FP&A team in Portugal supporting the fast-growing Digital Health Services portfolio. This position is critical for the team to support iSens Electronica organization based in Porto, Portugal.

The position of financial analyst serves as a key finance partner supporting the FP&A manager with financial planning activities, forecasting processes, and analysis activities of the business and provides accurate and timely financial reporting and ensures accuracy and integrity of all financial information. This role collaborates closely with operational leaders and cross-functional stakeholders to provide financial planning, forecasting, reporting, and analytical support that enables informed decision-making and drives operational performance.

Primary responsibilities:

• Prepare and analyze monthly, quarterly, and annual financial results, identifying key drivers, trends, risks, and opportunities.
• Assist with financial reporting and performance analysis of iSens P&L, including gross margin, operating expenses, capital spending, and operational performance metrics.
• Support FP&A Manager with the development and maintenance of financial models and analysis, including resource needs.
• Assist with preparation of financial presentations and KPIs to be shared with senior leaders within the organization.
• Analyze cost drivers and operational performance metrics to support the identification of margin improvement opportunities and productivity initiatives.
• Prepare monthly business review materials and management reporting packages, translating financial and operational results into actionable insights and recommendations.
• Monitor performance against budget and forecast commitments, assisting business partners in identifying corrective actions when performance gaps arise.
• Participate in and help drive cross-functional transformation initiatives, process improvement projects, and modernization efforts that enhance efficiency, scalability, and business performance.
• Drive continuous improvement in forecasting, reporting, and analytics processes through automation, standardization, and business intelligence solutions.
• Support month-end and quarter-end close activities, ensuring timely and accurate reporting of financial results.
• Ensure compliance with company policies, internal controls, and financial reporting requirements.
• Support the integration of iSens with overall Abbott systems and reporting, including Catapult project to migrate into Abbott ERP System.
• Assist with iSens standard costs accounting implementation and on-going reporting.

EDUCATION AND EXPERIENCE YOU’LL BRING

Required:

• Bachelor's degree, preferably in Finance, Accounting, Economics, Business Administration, or related field. MBA, CPA, CMA, or other relevant professional certification preferred.
• 2 years of experience in FP&A, financial analysis, accounting, operational finance, or a related finance function

Preferred:

• Experience supporting budgeting, forecasting, financial reporting, and business performance analysis.
• Demonstrated ability to work effectively with cross-functional teams and business stakeholders.
• Self-sufficient with ability to meet project timelines.
• Strong technical skills (e.g. Excel, Power Point, Power BI) with ability to learn systems quickly. Experience with ERP systems like SAP, and other reporting systems like TM1 and HFM is preferred.
• Ability to apply professional concepts and company policies and procedures to solve routine problems and exercise independent decision making.
• Requires strong analytical skills.
• Experience establishing new processes and procedures.
• Strong interpersonal communication and organizational skills, self-starter, with ability to multi-task and work in a dynamic environment.

INNOVATIVE BENEFITS

We support our colleagues around the world as they care for themselves and their families with offerings tailored to their unique needs.

DIVERSITY & INCLUSION

We strive to provide environments where all employees feel welcome and able to bring their full selves to work. To do this we integrate diversity, equity, and inclusion across Abbott.

SUSTAINABILITY FOR OUR FUTURE

At Abbott, sustainability means managing our efforts so we can help the greatest number of people around the world live fuller lives through better health.

WE'RE RECOGNIZED AROUND THE WORLD

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THE WORLD

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JOIN OUR TALENT COMMUNITY

We will notify you about relevant positions, and keep you in mind when we have interesting opportunities.

Job Id 31163364 LocationPortugal - Porto Medical surveillance Not Applicable Division CRLB Core Lab Travel Yes, 5 % of the Time Additional Location Significant work activities Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)

An Equal Opportunity Employer

Abbott is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, protected veteran status, or any other characteristic protected by applicable federal, state, or local law. Employment decisions are based on qualifications, merit, and business needs.

EEO (ENGLISH)

EEO (SPANISH)

PAY TRANSPARENCY NONDISCRIMINATION PROVISION

We provide reasonable workplace accommodations. U.S. residents only: To request accommodation, please call 224-667-0340or email [e-mail].

Abbott is committed to pay equity and transparency. Compensation is determined using objective, job-related, and gender-neutral criteria in compliance with applicable laws and local regulations.