Financial Analyst II — Healthcare FP&A & Forecasting

Abbott; Minnetonka (MN); On-site; 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 handle financial planning, reporting and analysis, preparing plans and forecasts based on performance expectations.

The Financial Analyst II will perform financial analysis, monitoring budgets, preparing journal entries, month-end close support and distribution of financial reports. Strong proficiency in MS Office and experience with financial systems are 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.

Responsibilities

• 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.
• 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.

Skills

MS Office Suite

Financial modeling

Communication skills

Education

Bachelor’s degree in finance, accounting, business

Tools

Hyperion Essbase

SAP

Job description

Abbott in Minnetonka, MN is seeking a Financial Analyst II to join the Electrophysiology Medical Devices team. You will handle financial planning, reporting and analysis, preparing plans and forecasts based on performance expectations.

The Financial Analyst II will perform financial analysis, monitoring budgets, preparing journal entries, month-end close support and distribution of financial reports. Strong proficiency in MS Office and experience with financial systems are required.