Financial Analyst II

Thornton Tomasetti; Minnetonka (MN); Hybrid; USD 68,000 - 136,000; Full time

Job summary

Abbott in Minnetonka, MN is seeking a Financial Analyst II to join the Electrophysiology Medical Devices team. You will develop forecasts, analyze performance, and support month-end close with variance analysis, journal entries, and reporting.

The role requires a Bachelor’s degree in finance, accounting, or related field, 3+ years in FP&A, and strong MS Office skills. MBA/CPA/CMA preferred; Hyperion Essbase and SAP experience a plus.

Qualifications

• Bachelor’s degree in finance, accounting, business or related field required.
• 3+ years of experience in financial planning and analysis preferred.
• MBA, CPA or CMA preferred.

Responsibilities

• Develop detailed financial forecasts based on historic and current business information.
• Monitor spending vs. budget and highlight variances.
• Prepare journal entries and assist month-end close.

Skills

Strong verbal and written communicatie

Strong attention to detail

Analytical thinking

Education

Bachelor’s degree in finance, accounting, business or related field

Tools

Microsoft Excel

PowerPoint

Microsoft Word

Hyperion Essbase

SAP

Job description

## Financial Analyst IIApply: United States - Minnesota - Minnetonka: Full time: Posted Yesterday: 31162660Abbott 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 122,000 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 recruiting for a Financial Analyst II to join our team in our Minnetonka, MN location with the Electrophysiology Medical Devices team. 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. The Financial Analyst II is responsible for financial planning, reporting and analysis. They will prepare financial plans and forecasts based on performance expectations. They will gather and publish financial information related to historical, current and future performance. The Financial Analyst II will perform financial analysis utilizing appropriate financial concepts and techniques, or will recommend alternative courses of action. **What You’ll Work*** Develop detailed financial forecasts incorporating historic, trended and current business information.* Monitor functional and departmental spending versus budget by highlighting material variances using system generated detail and trend reports.* Prepare journal entries and assist in month end close as needed to ensure proper accounting at the functional and departmental level.* Prepare and distribute financial reports and packages by gathering and analyzing information related to current performance.* Perform financial analysis, as directed by management, and recommend alternatives courses of action by utilizing appropriate financial tools . (e.g. ROI, NPV analysis).* Evaluate new business opportunities, potential acquisitions, new products, tax planning and spending initiatives by modeling alternative financial scenarios (e.g. evenues, profitability etc).* Prepare sensitivity analysis impact on revenue, expenses and profitability by modeling changes in key variables.* Develop and utilize sound financial processes.* Cultivates a wide range of internal networks and begins to develop an external network of resources to facilitate completion of tasks.* May demonstrate basic project management skills by acting as a project lead on small, well defined projects.* Provides guidance to less experienced staff.* Influence exerted at peer level and occasionally at first levels of management.* Plans, organizes, and prioritizes own daily work routine to meet established schedule.* Exercises authority and judgment within defined limits to determine appropriate action.* Failure to achieve results or erroneous decisions or recommendations may cause delays and may result in the allocation of additional resources.* Works under general supervision.* Receives limited supervision on standard issues, and detailed instructions on new assignments. Work is reviewed for soundness of judgment, overall adequacy and accuracy. **Required Qualifications*** Bachelor’s degree in finance, Accounting, Business or related field* 3+ years of combined experience in financial planning and analysis* Proficient with MS Office Suite (Excel, PowerPoint and Word)* Demonstrated experience working with financial system applications* Strong verbal and written communication skills* Strong attention to detail **Preferred Qualifications*** MBA, CPA or CMA preferred* Working knowledge of Hyperion Essbase and/or SAP* Ability to work effectively and with flexibility under uncertainty and changing priorities**Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:** www.abbottbenefits.comFollow 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**$68,000.00 – $136,000.00