Senior Financial Analyst

3205 St. Jude Medical, Cardiology Division, I; Westford (MA); On-site; USD 78,000 - 156,000; Full time

Job summary

Abbott is seeking a Senior Financial Analyst for the Westford, Massachusetts site within the AVD Vascular division. This onsite role focuses on cost planning, analysis, and reporting to site leadership, with recommendations to reduce costs and scale for the future.

The role involves managing Dodeca, reconciling data with ERP systems, and delivering dashboards and KPIs to operations and leadership. Experience in manufacturing and strong finance skills are essential.

Qualifications

• Associates Degree required with 4+ years progressive experience.
• 4+ years progressive experience in FP&A or finance.
• Strong analytical skills and attention to cost data.
• Manufacturing experience preferred; able to work in a matrix environment.

Responsibilities

• Monitor financial and operational performance for the Westford site, comparing Plan/Actual and LBEs.
• Partner with manufacturing and engineering to prepare annual plans and LBEs.
• Develop reports, dashboards and KPIs; act as site finance SME.
• Manage Dodeca data and reconcile with other ERP data sources.

Skills

Financial analysis

Cost control

Budgeting

Cross-functional collaboration

Education

Associates Degree

Bachelor’s Degree in Accounting or Finance

Tools

Essbase

Dodeca

SAP

HFM

Job description

JOB DESCRIPTION: Working 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 122,000 colleagues serve people in more than 160 countries.

The Opportunity

This position works out our Westford, Massachusetts location within the AVD Vascular division. This is an onsite position. The Senior Financial Analyst is responsible for providing cost planning, analysis, and reporting to Westford site leadership to meet targeted deliverables, as well as makes recommendations to reduce costs, scale for the future, and meet regulatory compliance.

What You'll Work On

Monitor the Financial & Operational performance for the Westford manufacturing location, comparing the Plan and LBE vs Actual results for different cost centers and GL accounts, analyze spending trends of different accounts, and suggest actions to optimize results. Partner with manufacturing, engineering and other support functions in the preparation of Annual Operation Plan and LBEs for the manufacturing site. Prepare various report submissions from Operations and verify accuracy and reasonableness and submit to the site Leadership Team and HQ Finance. Develop reports, dashboards, key performance indicators, etc as required, and act as the Subject Matter Expert related site financial performance. Manage Dodeca system data, including uploading and retrieving data in the system, and reconciling the Dodeca system data with other ERP system data to ensure data accuracy. Monitor, track and reconcile various balance sheet accounts, including Fixed Assets, Accruals, etc. Create reports / dashboard with financial information for the Operating teams considering business partner requirements Create tools to monitor and track the COGS, and analyze trends and comparisons vs other benchmarks. Act as finance leader and support cost reduction initiatives that will drive sustainable growth for the Westford site.

The Senior level Financial Analyst executes many of the same activities as the Experienced level

In addition, the Senior level will also typically: possess well developed knowledge and skills to interpret financial information on costs, prices, expenses and revenues and make recommendations to senior management. Conduct and document complex financial analysis projects. Develop analysis of economic indicators in order to prepare forecasts and analyze the company's short, medium, and long term position. Prepare in-depth evaluations of plans and identify new methods of analysis and presentation. Data collected and analyzed include revenues, expenses, costs, prices, investments, cash flow, profits, inflation, interest rates and exchange rates. Ability to form partnerships with Div HQ, cross functional partners, and regional contacts required Excellent interpersonal skills at all levels required Experience working in a matrix organization.

Required Qualifications

• Associates Degree
• Minimum 4+ years progressive experience

Preferred Qualifications

• Bachelor’s Degree Accounting, Finance or related
• Experience in a manufacturing environment preferred
• Familiarity with Essbase, Dodeca, SAP, or HFM preferred
• CPA, CMA, or CPIM designation or equivalent
• Ability to work effectively under uncertainties and flexibility to meet changing priorities in a proactive manner
• Strong results orientation and bias for action including a high degree of initiative and self-motivation in understanding business needs and leading others to meet those needs

Abbott is an Equal Opportunity Employer, committed to employee diversity. Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans. EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf

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.

JOB FAMILY: Financial Planning and Analysis DIVISION: AVD Vascular LOCATION: United States > Massachusetts > Westford : 4 Robbins Road ADDITIONAL LOCATIONS: WORK SHIFT: Standard TRAVEL: Yes, 5 % of the Time MEDICAL SURVEILLANCE: No SIGNIFICANT WORK ACTIVITIES: Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

For more than 135 years, Abbott has been helping people reach their potential — because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions — across the spectrum of health, around the world, for all stages of life. Whether it’s next‑generation diagnostics, life‑changing devices, science‑based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health. The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well‑being of millions of people. They push the boundaries to help manage and treat some of life’s greatest health challenges. We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings. An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.