Senior Financial Analyst

Abbott; Chicago (IL); On-site; USD 78,000 - 156,000; Full time

Benefits offered by this job

Free HIP PPO medical coverage

High employer retirement contribution

Tuition reimbursement

Freedom 2 Save student debt program

FreeU education benefit

Job summary

Abbott in Illinois seeks a Senior Financial Analyst to support Core Lab Operations. You’ll drive FP&A analyses, monthly closes, and cost submissions for global manufacturing. Responsibilities include partnering with site teams and leadership to provide clear insights and drive efficiency.

The role can be based in Lake Forest or Chicago and offers a robust benefits package and competitive pay in a healthcare leader environment.

Qualifications

• Bachelor’s degree in Finance or Accounting.
• At least 4 years of FP&A, analysis and accounting experience.
• Proficiency with financial modeling and tools including Excel, Hyperion Essbase and SAP.

Responsibilities

• Consolidates monthly results and forecasts for Core Lab Operations.
• Prepares commentary and reporting for submission to Division Headquarters.
• Supports monthly close activities and journal entries.
• Analyzes standard costs and coordinates with Headquarters to align systems.
• Provides ad hoc analyses for key projects.
• Identifies process improvements in financial and business processes.
• Works independently and in teams on analytical tasks.

Skills

Financial analysis

Analytical thinking

Effective communication

Education

Bachelor’s Degree in Finance or Accounting

Tools

Excel

Hyperion Essbase

SAP

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.

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
• 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 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

About Abbott Diagnostics

The key to successful treatment and full recovery is often a fast, accurate diagnosis. Abbott’s life-changing tests and diagnostic tools provide insights that enable smarter, faster decisions and transform the way the world is managing health.

Our pioneering technology spans the world of healthcare operations — with medical diagnostic instruments, tests, automation and informatics solutions for hospitals, reference labs, blood centers, emergency departments, physician offices and clinics.

The Opportunity

Our location in Lake Forest, Illinois, currently has an opportunity for a Senior Financial Analyst to support our Core Diagnostics Operations team. This position can also be based out of our Chicago, Illinois office, if preferred.

What You’ll Work On

The Senior Financial Analyst, Core Lab Operations, provides FP&A (Financial Planning and Analysis) support to the Global Manufacturing Operations team. This role oversees financial processes and activities and provides analytics to support strategic business decisions.

• Consolidates monthly results and forecasts for the Core Lab Operations teams. Prepares clear and meaningful commentary and reporting for submission to Division Headquarters.
• Prepares review materials and supporting analytics for presentation to senior leadership.
• Completes monthly close activities including preparation of journal entries, spend / headcount review, variance analysis and month end reporting.
• Consolidates standard cost submissions from sites and collaborates with Division Headquarters to ensure alignment of standard costs and update the system.
• Provide ad hoc analysis to support key projects or other related activity as required.
• Assist in identification and implementation of process improvements and simplifications in financial and business processes.
• Work both independently and in groups in a variety of situations requiring analytical and critical thinking skills.

Required Qualifications

• Bachelor’s Degree in Finance or Accounting.
• At least 4 years of experience in financial planning, analysis and accounting.
• Proficient with financial modeling, systems, tools including Excel, Hyperion Essbase and SAP.
• Strong analytical, problem solving, variance analysis skills, accuracy and attention to detail.
• Effective communication, soft skills and prioritization of assignments.

Preferred Qualifications

• CPA, CMA or MBA preferred.

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.

The base pay for this position is $78,000.00 – $156,000.00. In specific locations, the pay range may vary from the range posted.