Principal Financial Analyst

ACCA Careers; Pleasanton (CA); On-site; USD 100,000 - 200,000; Full time

Benefits offered by this job

Free medical coverage

Excellent retirement plan

Tuition reimbursement

Education benefits

Job summary

Abbott, a global healthcare leader, is seeking a Principal Financial Analyst to join the Heart Failure finance team in Pleasanton, CA. You will drive budgeting, forecasting, and reporting for the HF business, partnering with Geo FP&A and management to deliver timely insights and robust financial planning.

The role requires 5–8 years of related experience, strong Excel/PowerPoint skills, and experience with EssBase and Hyperion.

Qualifications

• Bachelor’s Degree in Finance, Accounting, Business Administration or related field.
• 5 to 8 years of related experience.
• Experience with EssBase (Dodeca) and Hyperion.
• Strong proficiency with MS Office: Excel and PowerPoint; knowledge of financial systems.

Responsibilities

• Perform financial planning and analysis for the Heart Failure (HF) business unit, including budgeting/forecasting, P&L, market modeling, sales analysis, and headcount.
• Perform month-end close activities and analyze variances vs. LBE in collaboration with Geo FP&A teams.
• Develop tools/templates for consolidation and create system solutions to meet reporting requirements.
• Maintain a planning calendar and coordinate with geographies for monthly close and plan analysis.
• Prepare consolidated reporting, presentations, and ad hoc analyses for LBE cycles.
• Contribute to ad hoc analysis and routine management reporting.

Skills

Communication skills

Team collaboration

Financial analysis

MS Office proficiency

Education

Bachelor's degree in Finance/Accounting/Business Administration

Tools

EssBase

Hyperion

Excel

PowerPoint

Power BI

Job description

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 Title

Principal Financial Analyst

Working at Abbott

At Abbott, You Can Do Work That Matters, Grow, And Learn, Care For Yourself And Your 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.
• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
• An excellent retirement savings plan with a 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 worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

This position works out of our Pleasanton, CA office in the Heart Failure division. Leading an active lifestyle is important to the many people we serve. In Abbott’s Heart Failure division, we’re advancing the treatment of heart and vascular disease through breakthrough medical technologies in heart failure (HF), allowing people to restore their health and get on with their lives.

The Principal FPA Financial Analyst provides financial planning, analysis and reporting to management for the Heart Failure (HF) business unit. Performs analysis and review of operating results. Assists with monthly financial closing activities, as well as preparing financial models, ad hoc analysis, and presentations supporting the quarterly LBE (latest best estimate) forecasting cycles.

What You’ll Do

• Perform financial planning and analysis activities for the HF business unit, which may include any combination of the following areas: budgeting and forecasting, profit and loss, market modeling, sales analysis, business development, gross margin, capital, exchange, price volume variance, headcount and other facets of the complete HF P&L.
• Perform month-end close activities including detailed analysis on monthly variances vs LBE in close collaboration with Geo FP&A teams.
• 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
• Partner with key geographies to consolidate month-end, LBE, Plan analysis and commentary related to the respective financial cycle
• Prepare consolidated reporting, presentations, and analysis for quarterly LBE cycles.
• Participate in ad hoc analysis and reporting as required by finance management.
• Provide routine reports to management based on knowledge of finance systems and knowledge of the HF business.

Required Qualifications

• Bachelor’s Degree in Finance, Accounting, Business Administration or related field.
• 5 to 8 years of related experience.
• Experience with EssBase (Dodeca) and Hyperion
• Knowledge of the principles, processes and standards for integral financial analysis and reporting
• Previous experience working with MS Office Suite: Excel and PowerPoint; must have strong proficiency with relevant financial systems applications.
• Ability to work in a highly matrixed and geographically diverse business environment.
• Ability to work within a team and as an individual contributor in a fast-paced, changing environment.
• Ability to leverage and/or engage others to accomplish projects.
• Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization.

Preferred Qualifications

• Pillar budgeting software a plus
• Power BI experience a bonus

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 on Facebook at www.facebook.com/Abbott, and on Twitter @AbbottNews.

The base pay for this position is $100,000.00 – $200,000.00. In specific locations, the pay range may vary from the range posted.