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: Financial Analyst 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. Youll 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 bachelors 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 works out of our Plymouth, MN, location in the Electrophysiology division. In Abbotts Electrophysiology (EP) business, were 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. The Financial Analyst is a key role that partners with various levels of leadership to drive financial ownership, cost efficiency, and process improvement. You will be responsible for timely and accurate month end close, financial planning, forecasting, and reporting for the business. Additionally, you will be providing standard cost analysis and process improvement. What Youll Work On Consolidate financials from manufacturing site cost centers and provide succinct effective communication to leadership on business performance to identify opportunities and drive improvement. Scope includes Month-End Close, Quarterly Forecasts, Annual Plan & Standard Costs. Develop budgets in support of Annual Plan and Quarterly Forecasts for cost centers. Perform variance analysis and identify key drivers in support of business decisions. Conduct regular financial reviews with business partners to communicate financial performance and business issues. Provide valuable insight to influence business to achieve financial goals. Execute Month-End Close process including journal entries preparation, spending/headcount review, variance analyses, and reporting of monthly results to management. 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. Support ad hoc internal and external audit requests. Required Qualifications Bachelors Degree in Business Administration, Finance, Accounting, or related field. 2+ years of full-time finance and/or accounting experience. Intermediate computer applications (MS Excel, MS PowerPoint). Excellent verbal and written communication skills with ability to effectively communicate at multiple levels in the organization. Strong analytical, problem solving, variance analysis skills, accuracy, and attention to details. Ability to learn system software and databases quickly (SAP, Essbase, Business Objects). Preferred Qualifications Medical device industry experience. Experience in, or directly supporting, manufacturing/supply chain/plant operations Experience with SAP, Business Objects, and Hyperion SmartView/Essbase. Apply Now Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com 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. Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott, and on Twitter @AbbottNews. The base pay for this position is $61,300.00 $122,700.00 In specific locations, the pay range may vary from the range posted. JOB FAMILY: Financial Planning and Analysis DIVISION: EP Electrophysiology LOCATION: United States > Minnesota > Plymouth : 5050 Nathan Lane N ADDITIONAL LOCATIONS: WORK SHIFT: Standard TRAVEL: No MEDICAL SURVEILLANCE: No SIGNIFICANT WORK ACTIVITIES: Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday) Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans. EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions across the spectrum of health, around the world, for all stages of life. Whether its next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health. The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of lifes greatest health challenges. We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings. An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce. Follow Us: Facebook LinkedIn YouTube Twitter