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: 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. 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 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 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 Pleasanton, CA location in the Heart Failure Division. In Abbotts Heart Failure (HF) business, were developing solutions to diagnose, monitor and manage heart failure, allowing people to restore their health and get on with their lives. We are seeking a high caliber Financial Analyst who will focus on Finance tasks supporting Heart Failure Medical Affairs and Clinical/Regulatory Functions. This includes preparing financial budgets, workforce planning & analysis, assisting with monthly financial closing activities, analysis and review of operating results, assisting staff with all required finance tasks, ad hoc analysis, and presentations. The candidate will also possess and aptitude for utilizing financial systems to drive submission, consolidation and analysis of the business (SAP, Hyperion, PowerBI, etc). What Youll Work On Exercise judgment in planning, organizing and performing work; monitors performance and reports status within area of responsibility with a bias towards early action and cost/benefit analysis. Routinely perform financial planning and analysis activities for the Heart Failure Marketing and Clinical/Regulatory functions, which may include any combination of the following areas: budgeting and forecasting, detailed variance analysis, headcount analysis, purchase requisition approvals, capital management. Drive the monthly closing process, including the preparation of journal entries and conducting research across multiple financial systems. Provides analytical insight into budget variances and performance. Prepare and distribute financial reports and packages by gathering and analyzing information related to current performance vs. Last year, plan, and latest forecast. Partner with business to develop month-end analysis and commentary related to the financial close cycle and quarterly Latest Best Estimate (LBE) cycles. Understand the business as a subject matter expert, represents the business in finance decisions. Participate in ad hoc analysis and reporting as required by finance management and/or the groups supported. Comply with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments. Maintain positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors. Execute annual goals and objectives as defined by the HF Finance team. Required Qualifications A Bachelors Degree in Business Administration, Finance, Accounting, a related field, or equivalent. Demonstrable experience utilizing finance software: SAP, Hyperion/Essbase, Microsoft Excel or other similar tools. Knowledge of balance sheet transactions and their impacts on the income statement. Ability to prioritize deliverables for timely submissions and reviews. Excellent oral and written communication skills with effective executive presence. Preferred Qualifications 2-5 years of finance experience with progressively more responsibility. Knowledge and experience of GAAP. Ability to deliver information that adds value to managements decision-making process. Strong computer skills including spreadsheet, word processing, database management, and other relevant applications. Ability to meet the deadlines on multiple assignments. Strong analytical and problem-solving skills to understand the why of business drivers. Ability to work independently and with senior management. Ability to communicate effectively across all levels of the organization. Ability to work in a highly matrixed, geographically diverse, cross-functional business environment. Ability to work within a team and as an individual contributor in a fast-paced, changing environment; effectively managing without authority. Ability to leverage and/or engage others to accomplish projects. 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 $79,500.00 $138,700.00 In specific locations, the pay range may vary from the range posted. JOB FAMILY: Financial Planning and Analysis DIVISION: HF Heart Failure LOCATION: United States > Pleasanton : 6101 Stoneridge Dr ADDITIONAL LOCATIONS: WORK SHIFT: Standard TRAVEL: Not specified 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