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 your 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. 

• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year. 

• An excellent retirement savings plan with a 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 worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists.  

The Opportunity

This position is a onsite opportunity in the Abbott Diabetes Care Division. We are helping people with Diabetes lead healthier, happier lives.   As a global leader in diabetes care, Abbott is constantly working to deliver the highest quality products and unwavering support to our customers.  Consistent and accurate glucose monitoring is the foundation of any diabetes management plan, so we’re committed to continuous improvement in the way patients and professionals measure, track and analyze glucose levels.   

As a Senior Financial Analyst for "Research & Development" and "New Analyte Ventures", you'll be a key advisor for an R&D organization responsible for the development of next-generation biosensing technologies in Abbott Diabetes Care’s New Analyte Ventures.

You will be responsible for the creation and maintenance of annual budgets and periodic forecast updates for the Business. This includes a deep-dive of the business data, and providing financial analysis and support to operating managers on strategic planning, budgeting and operations planning, performance monitoring and variance analysis. You'll be part of the financial evaluation of future business opportunities (aka "New Analyte Ventures"). You'll perform ROI, financial modeling and payback analysis on new products, technologies and/or major capital expenditures. This is an onsite opportunity in Alameda, CA.

WHAT YOU’LL DO

• Supports the Controller / Finance Management on key projects and analyses.
• Integral player in development of annual plans and periodic updates as needed.
• Interfaces with Senior Management and Department Managers and key stakeholders to gain understanding of key revenue and cost drivers.
• Prepares key management reports emphasizing historical results, budgets, forecasts, and trends.
• Performs actual to budget variance analysis while highlighting risks & opportunities to plan.
• Performs cost benefit justifications on major investments in new product development, programs and or capital expenditures.
• Performs monthly management reporting including budgetary performance and/or daily/monthly sales reporting as applicable.
• Analyzes functional P&L margin drivers.
• Performs financial analysis on new business opportunities (ROI analysis).
• Responsible fo