Principal Financial Analyst

ACCA Careers

Pleasanton (CA)

On-site

USD 100,000 - 200,000

Full time

2 days ago

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Benefits offered by this job

Health benefits

Retirement plan

Tuition reimbursement

Education benefit

Job summary

Abbott in Pleasanton, CA is seeking a Principal Financial Analyst in the Heart Failure division. You will lead financial planning, analysis and reporting for the HF business unit, supporting monthly close and LBE forecasting cycles.

The role requires strong financial modeling skills, experience with EssBase/Hyperion, and the ability to work in a matrixed, global environment. This is a full-time on-site position with opportunities for career growth.

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 MS Excel and PowerPoint proficiency.

Responsibilities

Perform financial planning and analysis for the Heart Failure business unit (budgeting, forecasting, P&L, margin).
Conduct month-end close activities and analyze variances vs. LBE with Geo FP&A teams.
Develop tools/templates for consolidated schedules and improve financial processes.
Coordinate planning calendar and deliverables across divisions.
Consolidate month-end, LBE, and Plan analysis with geographies; prepare presentations.
Produce consolidated reporting and analysis for quarterly LBE cycles.

Skills

Forecasting

Budgeting

Financial analysis

Excel

PowerPoint

EssBase/Hyperion

Education

Bachelor's Degree

Tools

EssBase (Dodeca)

Hyperion

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 122,000 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