Senior Financial Analyst, FP&A

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 114,000 colleagues serve people in more than 160 countries.

     

JOB DESCRIPTION:

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’ll also have access to: 

• 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 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. 

The Opportunity  

This position works out of our St. Paul, MN location in the Structural Heart division.  Our business purpose is to restore health and improve quality of life through the design and provision of device and management solutions for the treatment of structural heart disease. 

This position is a key value-added role within SH Commercial Finance that partners with various levels of leadership to drive financial ownership, cost efficiency, and process improvement. You will be responsible for complex, timely, and accurate financial planning, forecasting, and reporting for the business. Additionally, you will be providing standard cost analysis, sales strategy, and process improvement. 

What You’ll Work On 

• Develop detailed financial forecasts incorporating historic, trended and current business information. 

• Monitor functional and departmental spending versus budget by highlighting material variances using system generated detail and trend reports. 

• Prepare journal entries and assist in month end close as needed to ensure proper accounting at the functional and departmental level. 

• Prepare and distribute financial reports and packages by gathering and analyzing information related to current performance. 

• Perform financial analysis, as directed by management, and recommend alternatives courses of action by utilizing appropriate financial tools . (e.g. EVA, NPV analysis). 

• Evaluate new business opportunities, potential acquisitions, new products, tax planning and spending initiatives by modeling alternative financial scenarios (e.g. revenues, profitability etc). 

• Prepare sensitivity analysis impact on revenue, expenses and profitability by modeling changes in ke