Senior Financial Analyst – Business & Technology Services

Posted:
10/18/2024, 4:12:42 AM

Location(s):
Illinois, United States ⋅ Elgin, Illinois, United States ⋅ Chicago, Illinois, United States ⋅ Green Oaks, Illinois, United States

Experience Level(s):
Senior

Field(s):
Business & Strategy ⋅ Finance & Banking

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

We have an immediate opportunity in our Lake Bluff, IL location for a Senior Financial Analyst to support our  Business & Technology Services, office of the Chief Information Officer (CIO).

As the Senior Financial Analyst, you will provide FP&A (Financial Planning and Analysis) support to the Corporate Business & Technology Services (BTS) organization. Oversee financial processes and activities and provides analytics to support strategic business decisions.

What You Will Do:

  • Serves as a business partner for the Business Solution & Services and other areas within the Corporate BTS organization.

  • Leveraging Abbott Shared Services organization, oversees monthly close activities, provides clear and meaningful financial reporting and commentary. Ensures compliance and champions internal controls and procedures.

  • Develops forecasts and prepares supporting analytics. Manages risks and opportunities through the use of external and internal signals and data. Develops contingency plans. 

  • Conducts regular financial reviews with cost center owners to communicate financial performance and provide valuable insight to help business achieve financial goals.

  • Partners with the business to define, review and analyze the projects. Assists with preparation and review of Requests for Capital Expenditure (RCEs). Provides analytical support for contracts’ negotiations.

  • Provides ad hoc analysis to support key projects or other related activity as required.

  • Drives continuous improvements and simplifications in financial and business processes.

  • Works both independently and in groups in a variety of situations requiring analytical and critical thinking skills.

  

Required Qualifications:

  • Degree in Finance or Accounting. CPA, CMA or MBA preferred.

  • 4 years minimum experience in financial planning, analysis and accounting.

  • Proficient with financial modeling, systems, tools including Excel, Hyperion Essbase and SAP.

  • Strong analytical, problem solving, variance analysis skills, accuracy and attention to detail.

  • Effective communication skills; ability to synthesize complex, technical issues and summarize with clarity.

  • Ability to manage many competing priorities and execute in a pressurized environment.

* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.

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 and @AbbottGlobal

     

The base pay for this position is

$72,700.00 – $145,300.00

In specific locations, the pay range may vary from the range posted.

     

JOB FAMILY:

Financial Planning and Analysis

     

DIVISION:

FIN Corporate Finance

        

LOCATION:

United States > Abbott Park : AP06C

     

ADDITIONAL LOCATIONS:

United States > Chicago : Willis Tower Building 233 S Wacker Dr.

     

WORK SHIFT:

Standard

     

TRAVEL:

No

     

MEDICAL SURVEILLANCE:

No

     

SIGNIFICANT WORK ACTIVITIES:

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

Website: https://abbott.com/

Headquarter Location: Illinois City, Illinois, United States

Employee Count: 1001-5000

Year Founded: 1944

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: Biotechnology ⋅ Emergency Medicine ⋅ Genetics ⋅ Health Care ⋅ Health Diagnostics ⋅ Manufacturing ⋅ Medical ⋅ Medical Device ⋅ Nutrition ⋅ Pharmaceutical