Sr Financial Analyst (LAC)

Posted:
8/4/2024, 5:00:00 PM

Location(s):
Illinois, United States ⋅ Elgin, Illinois, United States

Experience Level(s):
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:

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

This position works out in our facilities in Lake County IL in the Diagnostics Division. 

We’re empowering smarter medical and economic decision making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people.

What You’ll Work On

Transfusion Medicine (TM) has an opening for a Sr. Financial Analyst supporting the LAC Commercial team.

The LAC Senior Financial Analyst will have key responsibilities supporting planning and reporting processes for TM’s LAC Commercial region.  Reporting to the US & LAC Finance Controller, this position is responsible for supporting the LBE/Planning activities and leading certain aspects of the process. The position will also identify/assess/implement process improvements, lead projects, assist with senior management highlights and reporting, as well as support a variety of ad-hoc FP&A activities.

What You’ll Work On

  • Support the TM LAC Commercial region through detailed financial analysis, business support, and ad hoc reporting.
  • Lead the month-end close process, including journal entry preparation, spending/headcount review, variance analyses, and reporting of monthly results to management.
  • Support and organize the LBE/Plan/OEM processes; develops and submits well-prepared forecasts.
  • Prepare and coordinate quarterly Confirmations.
  • Support preparation of executive-level presentations for internal and external reviews.
  • Interaction with different levels of management, both finance and operational.
  • Assist in the identification and implementation of process improvements.

Required Qualifications:

  • Bachelor’s degree, preferably in accounting or finance, or an equivalent combination of education and work experience.
  • Minimum 4 years of combined Finance/Accounting experience is required

Preferred Qualifications:

  • Strong analytical, problem-solving, and variance analysis skills, and attention to detail
  • Ability to work independently and with senior management
  • Effective communication, soft skills, and prioritization of assignments
  • Strong written and oral skills in Spanish a plus
  • Strong PC/system skills and Excel. SAP/TM1 experience a plus

* 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:

TM Transfusion Medicine

        

LOCATION:

United States > Abbott Park : AP52

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:

Standard

     

TRAVEL:

Yes, 5 % of the Time

     

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