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 109,000 colleagues serve people in more than 160 countries.
Structural Heart Business Mission: why we exist
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.
We aim to lead the markets we serve by requiring the solutions we offer customers provide an improved benefit/risk profile as compared to existing standards of care; a performance threshold that by definition, guides and ensures the productive output of our engineering, business development, and clinical research efforts result in outcomes that advance the standard of care.
WHAT YOU'LL DO
At our location in Santa Clara, CA, we are currently recruiting for a Financial Analyst to support Abbott's Structural Heart (SH) Division. This position is a key value-added role within SH Operations 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, manufacturing network strategy, and process improvement.
Consolidate financials from various global manufacturing sites and Divisional cost centers, and provide succinct effective communication to leadership on business performance to identify opportunities and drive improvement. Scope includes Month-End Close, Quarterly Forecasts, Annual Plan & Standard Costs.
Develop budgets in support of Annual Plan and Quarterly Forecasts for Divisional cost centers. Perform variance analysis and identify key drivers in support of business decisions. Conduct regular financial reviews with business partners to communicate financial performance and business issues. Provide valuable insight to influence business to achieve financial goals.
Execute Month-End Close process including journal entries preparation, spending/headcount review, variance analyses, and reporting of monthly results to management.
Provide ad-hoc analyses to support complex decision making within global manufacturing operations and present recommendations to management. Serve as financial lead in cross-functional team environments.
Identify areas that can be improved and constructively propose new solutions that drive efficiencies. Develop and utilize sound financial processes to drive improved business performance.
Support ad hoc internal and external audit requests.
EDUCATION AND EXPERIENCE YOU'LL BRING
Bachelor's Degree in Accounting, Finance, or related discipline
2+ 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
Master's Degree in Accounting, Finance, or related discipline
Progressive accounting and/or financial planning and analysis experience
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 and self-motivation in understanding business needs and leading others to meet those needs
WHAT WE OFFER
At Abbott, you can have a good job that can grow into a great career. We offer:
Training and career development, with onboarding programs for new employees and tuition assistance
Financial security through competitive compensation, incentives and retirement plans
Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
Paid time off
401(k) retirement savings with a generous company match
The stability of a company with a record of strong financial performance and history of being actively involved in local communities
Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity.
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 109,000 colleagues serve people in more than 160 countries.