Senior Financial Analyst – Cost Accounting (Operations)

Abbott; Plano (TX); On-site; USD 78,000 - 156,000; Full time

Benefits offered by this job

Career development

Health coverage

Retirement plan

Job summary

Abbott in Plano, TX, seeks a Senior Financial Analyst to own cost accounting for the Neuromodulation Operations. You will manage standard costing, inventory valuation, and cost of goods sold, and provide critical insights to drive operational and financial decisions.

You'll partner with Operations, Supply Chain, and site leadership, delivering month-end close, forecasting, and management reporting. The role offers exposure to leadership and opportunities to influence cost drivers and

Qualifications

• Bachelor’s degree in finance, accounting, business administration, or related field or demonstrated equivalent experience in cost accounting or manufacturing finance.
• 4+ years of experience in cost accounting and/or manufacturing finance.
• Strong understanding of standard costing, inventory, and operational finance concepts.
• Experience with financial close, variance analysis, forecasting, and financial modeling.
• Proficiency with MS Office Suite (Excel, PowerPoint) and financial systems.
• Experience working in a matrixed and cross-functional environment.
• Strong verbal and written communication skills, with the ability to effectively communicate at multiple levels of the organization.

Responsibilities

• Own cost accounting activities, including standard costing, inventory valuation, and cost of goods sold.
• Analyze and explain manufacturing variances and operational drivers to drive cost transparency.
• Partner with Operations, Supply Chain, and site leadership to monitor and improve cost performance.
• Support month-end close activities, including journal entries, accruals, and variance analysis.
• Forecasting and planning cycles with a focus on cost and operational assumptions.
• Prepare consolidated reporting, dashboards, and presentations for leadership.
• Provide insights and analysis to support business and operational decisions.
• Build financial models to support cost improvements, productivity initiatives, and capital investments.

Skills

Cost accounting

Manufacturing finance

Forecasting

Variance analysis

Financial modeling

Cross-functional communication

Education

Bachelor’s degree in finance, accounting, business administration, or related field

Tools

MS Excel

PowerPoint

ERP / financial systems (e.g., SAP)

Job description

Senior Financial Analyst – Cost Accounting (Operations)

The Opportunity

This position works out of our Plano TX location in the Neuromodulation division. Our Neuromodulation business includes implantable devices compatible with mobile technology to help people who suffer from chronic pain and movement disorders. These non-opioid therapies allow us to provide interventional pain therapy to patients throughout the pain continuum.

We’re seeking an experienced, high caliber Senior Financial Analyst to support our Neuromodulation Operations organization. This role is responsible for owning cost accounting, manufacturing finance, and financial reporting, and plays a critical part in ensuring accurate cost visibility and operational performance insight.

The role provides high visibility into manufacturing operations and direct exposure to cross-functional leadership, while leading key processes within month-end close, forecasting cycles, and management reporting. The individual will develop a deep understanding of manufacturing activity and cost drivers, and deliver clear, actionable insights to support operational and financial decision-making, with regular interaction with leadership through reporting and presentations.

What You'll Work On

• Own cost accounting activities, including standard costing, inventory valuation, and cost of goods sold
• Analyze and explain manufacturing variances (PPV, labor, overhead, yield, absorption) and operational drivers to drive cost transparency and improve operational performance
• Partner with Operations, Supply Chain, and site leadership to monitor and improve cost performance
• Support month-end close activities, including journal entries, accruals, and variance analysis
• Forecasting and planning cycles (LBE) with a focus on cost and operational assumptions
• Prepare consolidated reporting, dashboards, and presentations for leadership
• Provide insights and analysis to support business and operational decisions
• Build financial models to support cost improvements, productivity initiatives, and capital investments
• Work with business partners to develop clear financial commentary tied to operational results
• Ensure compliance with financial controls, inventory processes, and company policies
• Maintain effective collaboration with cross-functional teams in a matrixed environment
• Perform other related duties and responsibilities, as assigned

Required Qualifications

• Bachelor’s degree in finance, Accounting, Business Administration, or related field or demonstrated equivalent experience in cost accounting or manufacturing finance
• 4+ years of experience in cost accounting and/or manufacturing finance (required)
• Strong understanding of standard costing, inventory, and operational finance concepts
• Experience with financial close, variance analysis, forecasting, and financial modeling
• Proficiency with MS Office Suite (Excel, PowerPoint) and financial systems
• Experience working in a matrixed and cross-functional environment
• Strong verbal and written communication skills, with the ability to effectively communicate at multiple levels of the organization
• Ability to analyze complex data and translate insights into actionable recommendations
• Strong organizational skills, attention to detail, and ability to manage multiple priorities

Preferred Qualifications

• Experience partnering directly with manufacturing and plant operations teams
• Experience with ERP systems (e.g., SAP) supporting cost accounting and inventory
• Demonstrated ability to influence operational decisions through financial insight

Key Characteristics

• Strong cost accounting foundation with hands‑on operational exposure
• Ability to connect financial results to plant-level performance and cost drivers
• Proactive, detail‑oriented, and results‑driven
• Comfortable operating in a fast‑paced, deadline‑driven environment
• Effective business partner who can both support and challenge stakeholders
• Collaborative team player with a willingness to support shared goals and contribute to team success

Benefits

• 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 Free Ueducation 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.

Benefit information available at www.abbottbenefits.com.

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.