Financial Analyst

Posted:
8/17/2024, 5:00:00 PM

Location(s):
Saint Paul, Minnesota, United States ⋅ Minnesota, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
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:

Financial Analyst – St. Paul, MN

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 are recruiting for a Financial Analyst to join our team in the St. Paul, MN location, supporting our Structural Heart medical device 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.   In this role, you will be responsible for the consolidation and reporting of results on a monthly basis, as well as for budget cycles, and for any ad hoc analysis requested from leadership. You will have an intimate understanding of the activity and variances being produced to be able to speak knowledgably when answering questions from leadership.  You will also be responsible for preparing financial presentation content for executive meetings, participate in ad hoc projects or assignments, and will support internal and external audits by preparing and providing relevant reports and analysis.

What You’ll Work On

  • Budgeting and forecasting, preparing financial models, gross margin, capital, exchange, and other facets of the operations P&L.

  • Participates in ad hoc analysis and reporting as required by finance management

  • Provides routine reports to leadership

  • Partners with supply chain to consolidate month-end analysis and commentary related to the inventory financial close cycle

  • Executes annual goals and objectives as defined by the Finance team

  • Prepares consolidated reporting, presentations, and analysis

  • Complies with regulatory requirements, company policies, operating procedures, processes, and task assignments

  • Maintains positive and cooperative communications and collaboration with all levels of employees and business customers

Required Qualifications:

  • Bachelor’s Degree in Finance, Accounting, Business Administration or related field

  • 4+ years of experience performing financial and variance analysis, forecasting, planning, and/or financial modeling from a manufacturing environment

  • Proficient with MS Office Suite (Word, Excel and PowerPoint)

  • Demonstrated experience working with financial system applications

  • Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization.

Preferred Qualificatons

  • Advanced level degree(s) in Finance, Accounting, Business Administration or related field

  • Medical device experience

  • Previous experience working in a highly matrixed and geographically diverse business environment

  • Working knowledge of Hyperion Essbase, Dodeca, and/or SAP

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 X @AbbottNews.

     

The base pay for this position is

$57,300.00 – $114,700.00

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

     

JOB FAMILY:

Financial Planning and Analysis

     

DIVISION:

SH Structural Heart

        

LOCATION:

United States > Minnesota> St. Paul > Woodridge : 177 East County Rd B

     

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

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