Financial Analyst

Abbott Laboratories; Johannesburg; On-site; ZAR 480,000 - 720,000; Full time

Job summary

Abbott Laboratories in Johannesburg seeks a Financial Analyst to support month end reporting, budgeting, forecasting and day-to-day finance activities. You will analyze financial data to provide timely information for strategic decisions and partner with regional teams to drive profitability and cost control.

The role emphasizes advanced Excel, collaboration with local and area finance, and implementing budgeting tools and processes to strengthen regional reporting accuracy.

Qualifications

• BCom degree or higher in accounting/finance or related field.
• CA(SA) or CIMA qualification preferred.
• 2-3 years’ experience in finance reporting/FP&A or similar.
• Advanced Excel skills indispensable.
• Multinational exposure is advantageous.

Responsibilities

• Support month-end reporting and budgeting processes.
• Forecast and analyze financial data to assist strategic decisions.
• Prepare profitability analyses at country/cluster level.
• Act as finance business partner to drive sales and cost control.
• Develop and improve monthly reporting processes and tools.
• Collaborate with management on budgeting exercises and scenarios.
• Provide ad hoc regional reporting and insights.

Skills

Advanced Excel

Financial reporting

Education

BCom Degree or Hons in Accounting/Finance

CA(SA) or CIMA preferred

Tools

SAP

TM1

Job description

DO WORK THAT MATTERS.

At Abbott, diverse ideas, perspectives, and expertise allow us to create the life-changing solutions that help people live healthier lives. In 150 countries and with businesses spanning nutrition, diagnostics, medical devices, and branded generic pharmaceuticals, Abbott offers you enormous opportunities to explore your interests and help you achieve your career and personal goals.

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 will have access to:

• Career development with an international company where you can grow the career you dream of
• 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.

Abbott Core diagnostics division provides diagnostic solutions are used in hospitals, laboratories and clinics around the globe. The crucial information derived from our tests, instruments and informatics systems are often the first step in patient care decision making for hundreds of health conditions from heart attacks to blood disorders to infectious diseases and cancers.

In this role, the Financial Analyst supports the delivering on month end reporting, budgeting, forecasting and day to day finance activities. Analyze and forecast financial, economic, and other data to provide accurate and timely information for strategic and operational decisions.

What you’ll do:

• Support monthly forecast, reporting and annual budget processes
• Partner with Local and Area finance teams to drive financial accuracy and transparency
• Budget and forecast report submissions for Clusters and Africa
• Prepare regular profitability reporting and analysis at country, cluster and regional level
• Serve as finance business partner to internal stakeholders to drive sales, profitability, and expense control
• Support commercial and support functions on margin improvement projects
• Partner with management team in forecasting and budgeting exercises
• Analyze financial and operational information to identify and interpret trends for management
• Assist in developing and implementing annual operating budget and resource plan
• Analyze historical and forecasted business segment results, including revenue, cost categories, and profitability trends
• Coordinate with management to gather, analyses, and summaries financial plans and recommendations
• Coordinate monthly reports and forecasting for the Area submission
• Prepare accurate, insightful and timely monthly reports of financial and non-financial data
• Automate / improve monthly financial reporting processes and deliver output submissions within key deadlines
• Prepare ad hoc performance and regional reporting requests with focus on delivering insights and value add
• Develop and implement budgeting and forecasting tools and processes to provide timely and relevant information within region
• Support commercial decision making with relevant data points to help decision making
• Driving improvements to streamline and enhance efficiencies within the reporting process
• Review figures to ensure accurate, valid, and complete profit and loss, and balance sheet figures within the region.
• Tracking of actual versus budget results and identifying reasons for fluctuations.
• Preparation of balance sheet reconciliations.
• Assisting Financial Controller with month end and ad hoc group reports.
• Analyze the financial implications of proposed investments or other transactions so that senior managers can evaluate alternatives against the organization’s business objectives.
• Evaluate industry, economic, financial, and market trends to forecast the organization’s short, medium and long-term financial and competitive position.

QUALIFICATIONS AND EXPERTISE

• BCom Degree and/or (Hons) in Accounting / Financial Management/Finance
• Completed CA(SA) OR CIMA is preferred.
• At least 2-3 years working experience in a finance reporting or FP&A team or experience in a similar or related field
• Advanced Excel is necessary
• Multinational experience is preferred
• Healthcare, MedTech or FMCG
• SAP and TM1 experience advantageous

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 www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.