Senior Financial Analyst

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:

About Abbott

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.

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 in our Lake Forest IL facilities in the Diagnostics Division. 

We’re empowering smarter medical and economic decision making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people.

What You’ll Work On

The US Commercial Operations FP&A team is responsible for supporting the Abbott Diagnostics commercial organization for full P&L financial analysis, reporting, forecasting/budgeting, and additional ad hoc requests. 

This position will develop a deep understanding of the commercial team’s role in driving profitability for Abbott’s global business.  The individual will gain expertise in Abbott’s product offerings, local business dynamics, and business strategy, all while establishing efficient processes and tools to analyze and grow the business.

KEY RESPONSIBILITIES INCLUDE:

Support the US Service organization and One Dx through detailed financial analysis, business support, and ad hoc reporting. Some activities may include:

·       Monthly review and analysis of actual results compared to benchmarks and metrics.

·       Extensive full P&L trend analysis.

·       Profit Center management including payroll, project expense tracking, monthly reporting, etc.

·       Prepare monthly reports for senior management.

·       Assist in identification and implementation of process improvements.

·       Preparation of LBE (latest best estimate) forecasts.

·       Interaction with different levels of management, both finance and operational.

·       Financial modeling with extensive use of Excel.

·       Special Ad Hoc projects.

Required Qualifications

·       Bachelor's degree in a related field or an equivalent combination of education and work experience.

·       Minimum 3-5 years of relevant experience to develop the competence required to meet the skills and responsibilities of the position.

Preferred Qualification

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