Financial Analyst

Financial Analyst

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio spans diagnostics, medical devices, nutritional and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

• Career development with an international company where you can grow the career you dream of.
• Free medical coverage for employees via the Health Investment Plan (HIP) PPO
• An excellent retirement savings plan with 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 and named one of the most admired companies by Fortune.
• A company recognized as one of the best big companies to work for and as a best place for diversity, working mothers, female executives, and scientists.

This position works out of the Plymouth, MN site in the EP Electrophysiology division. In Abbott’s Electrophysiology (EP) business, we’re advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives.

This position is a key value-added role that partners with various levels of leadership to drive financial ownership, variance analysis and commentary for senior management, and process improvement. The person will be responsible for complex, timely, and accurate financial consolidation of full P&L, forecasting, and capital reporting for the business.

Scope includes consolidation of full P&L, capital consolidation, month‑end close, quarterly forecasts, support for the development of the Annual Operating Plan, and monthly business reviews. Additionally, the person will provide sales and margin analysis and will be involved in process improvement initiatives.

• Support the month‑end close process including accrual requests, journal entry preparation, spending/headcount review, variance analysis to forecast, and reporting of monthly results to management.
• Capital consolidation during month‑end close and quarterly forecasts. Own all inputs and provide detailed drivers of variances.
• Contribute to the quarterly forecast processes by independently taking ownership for assigned areas. This includes discussion with the respective business partners, understanding business inputs and assumptions, consolidating inputs to division level, commenting on the final numbers, providing effective communication to leadership on performance and drivers, and driving excellence in both processes and tools.
• Identify areas that can be improved and constructively propose new solutions that drive efficiencies.
• Develop and utilize sound financial processes to drive improved business performance.
• Financial modeling with extensive use of Excel.
• Support other ad hoc finance requests or enquiries from business partners.

• Bachelor’s degree in finance, accounting, or related field.
• 2+ years of full-time experience in FP&A.
• Excellent skills in computer applications (MS Excel and PowerPoint).
• Excellent verbal and written communication skills with ability to effectively communicate at multiple levels in a matrix‑oriented organization.
• Strong analytical and problem‑solving skills.
• High level of accuracy and attention to detail.

• Experience in expense planning and financial modeling.
• Experience in Hyperion Essbase.

Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:

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.

The base pay for this position is $60,000.00 – $. In specific locations, the pay range may vary from the range posted.

For further information, and to apply, please visit our website via the “Apply” button below.