Senior Manufacturing Finance Analyst

Abbott Laboratories; Menlo Park (CA); On-site; USD 90,000 - 180,000; Full time

Job summary

Abbott Laboratories in Menlo Park, CA, is seeking a Senior Financial Analyst to provide financial planning, forecasting, standard costing, and leadership collaboration across Operations, Engineering, Supply Chain, and Finance. The role emphasizes cost optimization and robust financial modeling to drive performance.

Lead month-end close, variance analysis, and reporting while partnering with cross-functional teams to evaluate production changes and cost-saving opportunities.

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• 4+ years of experience in financial planning and analysis, cost accounting, manufacturing finance, or related finance function.
• Experience with month-end close, variance analysis, budgeting, forecasting, and financial reporting.
• Advanced proficiency in Microsoft Excel, PowerPoint, and Word.
• Strong financial modeling, analytical, and critical thinking skills.
• Self-motivated, proactive, and capable of working independently with minimal supervision.
• Strong attention to detail with a commitment to accuracy.
• Excellent written and verbal communication skills with the ability to tailor messages to different audiences.
• Quick learner with demonstrated adaptability in changing business environments.

Responsibilities

• Support financial analysis for Menlo Park Operations by partnering with Finance leadership, Plant Controller, Operations, Supply Chain, and Engineering teams.
• Prepare and support forecasting processes, including Annual Plans, Latest Best Estimates (LBEs), standard cost setup, and long-range planning activities.
• Manage month-end close activities, including journal entries, actual reporting, account reconciliations, and variance analysis against forecasts and plans.
• Analyze manufacturing variances, including purchase price variance (PPV), labor, overhead, inventory, and absorption performance.
• Monitor manufacturing cost performance and identify risks, opportunities, and cost-saving initiatives.
• Support standard cost development, maintenance, and annual cost roll processes while ensuring accurate costing methodologies.
• Partner with Operations and Supply Chain teams to evaluate the financial impact of production volume changes, material costs, sourcing decisions, and process improvements.
• Coordinate audit and tax support requests in collaboration with Accounting and Finance leadership.
• Create and maintain financial models, dashboards, reporting tools, and performance metrics to support business decision-making.
• Ensure compliance with internal controls, financial policies, and governance requirements.
• Effectively manage multiple priorities, meet deadlines, and work independently in a fast-paced manufacturing environment.

Skills

Financial modeling

Analytical thinking

Independent work

Communication skills

Education

Bachelor's degree in Accounting, Finance, Business Administration, or related field

Tools

SAP ERP

Dodeca Planning System

Power BI

Tableau

Power Query

Excel

PowerPoint

Word

Job description

Abbott Laboratories in Menlo Park, CA, is seeking a Senior Financial Analyst to provide financial planning, forecasting, standard costing, and leadership collaboration across Operations, Engineering, Supply Chain, and Finance. The role emphasizes cost optimization and robust financial modeling to drive performance.

Lead month-end close, variance analysis, and reporting while partnering with cross-functional teams to evaluate production changes and cost-saving opportunities.