Senior Financial Analyst

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

Job summary

Abbott is seeking a Senior Financial Analyst to support Core Diagnostics Operations. Based in Lake Forest, IL or Chicago, IL, you will lead FP&A activities, consolidate results, and provide analytics for strategic decisions.

You will work with global manufacturing operations, perform monthly close tasks, cost submissions, and ad hoc analyses while driving process improvements and partnering with leadership to optimize performance.

Qualifications

• Bachelor’s Degree in Finance or Accounting required.
• 4+ years of experience in FP&A, accounting or related fields.
• Proficiency in financial modeling and analysis tools (Excel, Hyperion Essbase, SAP).
• Strong analytical, problem-solving, variance analysis, and attention to detail.

Responsibilities

• Consolidates monthly results and forecasts for Core Lab Operations; prepares commentary for Division Headquarters.
• Prepares review materials and analytics for senior leadership presentations.
• Completes monthly close activities including journal entries, spend/headcount review, variance analysis and month-end reporting.
• Consolidates standard cost submissions and aligns costs with the Headquarters.
• Provides ad hoc analyses to support key projects.
• Identifies and implements process improvements in financial operations.
• Works independently and in teams on varied analytical tasks.

Skills

Financial modeling

Excel

Hyperion Essbase

SAP

Analytical thinking

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.

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.

DIVERSITY & INCLUSION

We strive to provide environments where all employees feel welcome and able to bring their full selves to work. To do this we integrate diversity, equity, and inclusion across Abbott.

SUSTAINABILITY FOR OUR FUTURE

At Abbott, sustainability means managing our efforts so we can help the greatest number of people around the world live fuller lives through better health.

WE'RE RECOGNIZED AROUND THE WORLD

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An Equal Opportunity Employer
Abbott is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, protected veteran status, or any other characteristic protected by applicable federal, state, or local law. Employment decisions are based on qualifications, merit, and business needs.
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We provide reasonable workplace accommodations. U.S. residents only: To request accommodation, please call 224-667-0340 or email [e-mail].
Abbott is committed to pay equity and transparency. Compensation is determined using objective, job-related, and gender-neutral criteria in compliance with applicable laws and local regulations.