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  

This position works out of our St. Paul, MN location in the Structural Heart division.  Our business purpose is to restore health and improve quality of life through the design and provision of device and management solutions for the treatment of structural heart disease. 

This position is a key value-added role within SH Commercial Finance that partners with various levels of leadership to drive financial ownership, cost efficiency, and process improvement. You will be responsible for complex, timely, and accurate financial planning, forecasting, and reporting for the business. Additionally, you will be providing standard cost analysis, sales strategy, and process improvement. 

What You’ll Work On 

• Develop detailed financial forecasts incorporating historic, trended and current business information. 

• Monitor functional and departmental spending versus budget by highlighting material variances using system generated detail and trend reports. 

• Prepare journal entries and assist in month end close as needed to ensure proper accounting at the functional and departmental level. 

• Prepare and distribute financial reports and packages by gathering and analyzing information related to current performance. 

• Perform financial analysis, as directed by management, and recommend alternatives courses of action by utilizing appropriate financial tools . (e.g. EVA, NPV analysis). 

• Evaluate new business opportunities, potential acquisitions, new products, tax planning and spending initiatives by modeling alternative financial scenarios (e.g. revenues, profitability etc). 

• Prepare sensitivity analysis impact on revenue, expenses and profitability by modeling changes in key variables (recommending appropriate course of action). 

• Develop and utilize sound financial processes. 

• Establishes and cultivates an extensive network of support to facilitate completion of assignments. Participates in the development of less experienced staff by setting an example, providing guidance, and offering counsel. May lead a project team. Participates in determining goals and objectives for projects. Influences middle management on technical or business solutions. May interact with vendors. 

• Plans and organizes non-routine tasks w/approval. Initiates or maintains work schedule. Establishes priorities of work assignments. 

• Exercises judgment in selecting innovative, practical methods to achieve problem resolution. Failure to obtain results or erroneous decisions or recommendations would typically result in serious delays and considerable expenditure of resources. 

• Works under minimal supervision. Independently determines and develops approach to solutions. Work is reviewed upon completion for adequacy in meeting objectives. 

Required Qualifications 

• Bachelor’s Degree in Accounting, Finance, or related discipline 

• 4+ years of Financial Planning and Analysis experience 

• Advanced level of proficiency with Excel (e.g., Pivot tables, VLOOKUP, other functionalities) 

• Proficiency with PowerPoint 

• Excellent verbal and written communication skills with ability to communicate. 

• Ability to articulate financial results based on audience. 

• Strong analytical and critical thinking skills 

• Accuracy and attention to detail 

Preferred Qualifications 

• Master’s Degree in Accounting, Finance, or related discipline 

• Progressive accounting and/or financial planning and analysis experience in a cost accounting/manufacturing industry environment 

• Experience with SAP ERP and Hyperion Planning/Essbase systems 

• Ability to manage tight time commitments in high-pressure situations 

• Ability to work effectively under uncertainties and flexibility to meet changing priorities in a proactive manner 

• Strong results orientation and bias for action including a high degree of initiative 

• Self-motivation in understanding business needs and leading others to meet those needs 

Apply Now

* 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.