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Senior Financial Analyst

Abbott

Illinois

On-site

USD 75,000 - 151,000

Full time

16 days ago

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Job summary

This innovative firm is seeking a Senior Financial Analyst to provide in-depth financial analytics and support key business partners. In this role, you will be responsible for global business support, leading the consolidation of estimates, and assisting with various financial reports. You will collaborate across functional areas to ensure alignment with corporate expectations while developing detailed financial forecasts. Join a company recognized for its commitment to employee development and diversity, and help transform the way people manage their health.

Benefits

Free medical coverage
Retirement savings plan
Tuition reimbursement
Student debt program
Great workplace recognition

Qualifications

  • 4+ years experience in financial planning and analysis.
  • Ability to manage multiple priorities and changing customer demands.

Responsibilities

  • Supports financial planning process and develops financial plans.
  • Prepares and distributes financial reports and analyzes current performance.

Skills

Financial Planning
Analytical Skills
Problem Solving
Communication Skills
Excel
SAP/TM1

Education

Bachelor's Degree in related field

Tools

Excel
SAP

Job description

Join to apply for the Senior Financial Analyst role at Abbott

Join to apply for the Senior Financial Analyst role at Abbott

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 114,000 colleagues serve people in more than 160 countries.

Senior 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 Abbott Park, IL (Lake Bluff, IL) location the Transfusion Medicine. We’re empowering smarter medical and economic decision-making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people.

As the Senior Financial Analyst, you’ll responsible for global business support, providing in-depth financial analytics, support to key business partners, held lead the consolidation of Last Best Estimate (LBEs) and routine deliverables to Division, and provide assistance with other ad-hoc reports. This role supports the actuals and planning process globally, interacting with all commercial and functional areas and business leaders, helping to support consistent and meaningful financial reviews.

What You’ll Work On

  • Supports the Sales consolidations and overall financial planning process; develops and submits well-prepared financial Plan and LBEs.
  • Effectively collaborates across the various functional and commercial areas to ensure alignment with Division and Corporate expectations.
  • Responsible for assuring Division and Corporate accounting and financial policies, procedures and practices are adhered to during operations. Support an effective system of internal financial controls.
  • 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.
  • Prepare sensitivity analysis impact on revenue, expenses, and profitability by modeling changes in key variables (recommending appropriate course of action).

Required Qualifications

  • Bachelors Degree in related field, or an equivalent combination of education and work experience.
  • Minimum 4 years experience in financial planning and analysis.

Preferred Qualifications

  • Diversified finance/accounting roles; excellent analytical, attention to details, problem solving skills and oral/written communication skills. Must be able to effectively manage workload to ensure deadlines are met.
  • Demonstrate the ability to complete assignments involving several levels of management and functional areas.
  • Excellent communication skills are essential, as this role interacts with multiple levels within the Transfusion Medicine organization.
  • Self-starter and highly motivated; ability to manage multiple priorities and changing customer demands.
  • Ability to work in a dynamic, fast paced environment.
  • Strong PC/system skills and Excel. SAP/TM1 experience a plus.

Apply Now

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: https://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 at abbott.com, on LinkedIn at https://www.linkedin.com/company/abbott-/, and on Facebook at https://www.facebook.com/AbbottCareers.

The base pay for this position is $75,300.00 – $150,700.00. In specific locations, the pay range may vary from the range posted.

Seniority level
  • Seniority level
    Associate
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Finance and Accounting/Auditing
  • Industries
    Hospitals and Health Care

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