Senior Financial Analyst - Nutrition

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

Our nutrition business develops science-based nutrition products for people of all ages, from helping babies and children grow, to keeping adult bodies strong and active. Millions of people around the world count on our leading brands – including Similac®, PediaSure®, Pedialyte®, Ensure®, and Glucerna®– to help get the nutrients they need to live their healthiest life.

Our location in Abbott Park, IL currently has an opportunity for a Senior Financial Analyst in our Nutrition division.

The Abbott Nutrition Senior Financial Analyst will have key responsibilities supporting planning and reporting processes for Abbott’s $8Bn revenue nutrition division. This position is responsible for supporting the LBE/Planning process, and leading certain aspects of the process. The position will also identify/assess/implement process improvements, lead projects, assist with senior management highlights and Board of Director presentations as well as support an array of ad-hoc FP&A activities for Abbott Nutrition Senior Leadership.  Nutrition is an end-to-end international business with R&D, procurement, manufacturing, marketing, and selling activities; thus, financial support centers around the income statement, balance sheet, cash flow and exchange rate analysis. Prior international experience is preferred. Some of the highlights of the position are: support to the Division President and Controller, exposure to the exchange complexities with a large global business, opportunity to learn about the AN brands and customers and work with other AN Divisions and Corporate FP&A.

WHAT YOU’LL DO  

• Support and organize the quarterly LBE/Plan processes from a headquarters perspective: generate calendars, create financial templates, coordinate process with the Nutrition sub-divisions (Commercial, Manufacturing, R&D), consolidate financials, ensure timely and accurate submissions to Corporate.
• Prepare and consolidate LBE Confirmations
• Support preparation of executive level presentations for internal and external reviews
• Prepare and analyze Cash Flow statement and other Balance Sheet forecast analysis
• Bring numbers to life to drive better understanding and decision making (cash flow, ROI, etc.)
• Actively support various ad-hoc financial requests that can come from Division, Corporate, Investor Relations – which may include financial modeling with extensive use of Excel
• Support/perform timely and accurate actual reporting and variance analysis
• Partner with AN Divisions to understand variance drivers within their financial submissions, as appropriate.
• Ensure financials are accurately stated, including tie outs between different reporting tools
• Prepare journal entries and perform month end close over Division Headquarter budgets, ensuring proper accounting at the functional and departmental level.
• Identify and implement process improv