JOB DESCRIPTION:

The Opportunity

This position is an onsite opportunity in the Abbott Diabetes Care Division. We are helping people with Diabetes lead healthier, happier lives. As a global leader in diabetes care, Abbott is constantly working to deliver the highest quality products and unwavering support to our customers. Consistent and accurate glucose monitoring is the foundation of any diabetes management plan, so we're committed to continuous improvement in the way patients and professionals measure, track and analyze glucose levels.

As Senior Financial Analyst, you will be responsible for the division wide reporting and analysis processes with a focus on cashflow, capital investment, and balance sheet. This role supports creation/management of annual budgets with periodic forecast updates. You will provide leadership, oversight, coordination, and planning, to execute the financial planning processes and ensure timeliness, accuracy, and integrity of financial information. This role has high levels of visibility to executive management.

The main functions of this position include (1) the coordination of ADC's cashflow and balance sheet financial planning activities including the compilation, analysis, and distribution of management review packages, (2) preparation and analysis of capital projects, (3) communication between ADC's Division Headquarters, various ADC financial teams around the world, and Corporate Finance.

The Senior Financial Analyst is responsible for providing analytics, explanations of key performance drivers, management presentations, and business support to enable informed decision making by executive management at the ADC, Medical Device and Corporate levels.

This is an onsite opportunity in Alameda, CA.

What You'll Do

• Support Finance Management on key projects and analyses.
• Integral player in development of annual plans and periodic updates as needed.
• Create and maintain detailed reports and dashboards to support business decision-making.
• Interface with Senior Management, Department Managers, and key stakeholders to gain understanding of key business impact drivers.
• Develop flexible, comprehensive tools and templates to support the consolidation and timely completion of corporate schedules.
• Implement system solutions and process improvements that meet the needs of the financial planning and reporting requirements.
• Partner in the management of Cash Flow and Balance Sheet analysis to ensure reserves are adequate and forecasts represent the operating plan.
• Analyze the cash conversion cycle with DSO, DOH and DPO trends and driving factors.
• Prepare key management reports emphasizing historical results, budgets, forecasts, and trends, which are presented to Senior Divisional leaders.
• Perform actual to budget variance analysis while highlighting risks & opportunities to plan.
• Create and present slides summarizing key business activities that support the financial submissions from the finance teams and are reviewed by senior leadership.
• Perform cost benefit justifications on major investments in new product development, programs and or capital expenditures.
• Perform monthly management reporting including budgetary performance and/or daily/monthly sales reporting as applicable.
• Perform financial analysis on new business and capital investment opportunities (ROI analysis).
• Assist in and partner on strategic business analysis initiatives.
• Identify opportunities to enhance existing Excel files, including optimizing formulas, functions, and overall structure.
• Organize and maintain complex Excel files, ensuring data accuracy and integrity.
• Completes ad hoc financial requests as needed.

• Operate with limited supervision on projects with significant interface across functions and groups.
• Balance demands of a variety of customers with potentially conflicting goals.
• Meet deadlines with minimal supervision and balance workload requirements.
• Proactively develop and present analytics to drive financial and operational excellence across all areas.

Experience You'll Bring

Required

• Bachelors Degree (preferably in finance, accounting or economics)
• 3-5 years financial analysis experience.
• Ability to plan, implement, and administer financial information and control systems.
• Knowledge of the principles, processes and standards for integrated financial analysis and reporting.
• Highly proficient in Excel.

Preferred

• Financial planning experience in either a Commercial, Manufacturing or Corporate background.
• Demonstrated problem solving and analysis within a broad framework of Abbott's financial policies (CFMs), and Generally Accepted Accounting Principles.
• Strong understanding of Balance Sheet, Investments and Cash flow Statements.
• Perform detailed analytical analysis through the identification of pertinent data and subsequent collection, analysis, and interpretation thereof.
• Ability and desire to search out and evaluate business problems and opportunities, as well as the capability to direct efforts to achieve answers and results.
• Strong verbal and written communications with ability to effectively communicate at multiple levels of an organization.
• Proven experience with advanced Excel functions (e.g., XLOOKUP, INDEX/MATCH, SUMIFS)

Apply Now

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.

Divisional Information

Medical Devices

General Medical Devices:

Our medical devices help more than 10,000 people have healthier hearts, improve quality of life for thousands of people living with chronic pain and movement disorders, and liberate more than 500,000 people with diabetes from routine fingersticks.

CRM

As a global leader in Cardiac Rhythm Technologies, we focus on innovative technologies that can improve the way doctors treat people with heart arrhythmias, or irregular heartbeats.

Diabetes

We're focused on helping people with diabetes manage their health with life-changing products that provide accurate data to drive better-informed decisions. We're revolutionizing the way people monitor their glucose levels with our new sensing technology.

Vascular

Abbott Vascular provides innovative, minimally invasive, and cost-effective products for treatment of vascular disease.

Neuromodulation

Our Neuromodulation business includes implantable devices compatible with mobile technology to help people who suffer from chronic pain and movement disorders. These non-opioid therapies allow us to provide interventional pain therapy to patients throughout the pain continuum.

Structural Heart

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.

EP

In Abbott's Electrophysiology (EP) business, we're advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives.

HF

In Abbott's Heart Failure (HF) business, we're developing solutions to diagnose, monitor and manage heart failure, allowing people to restore their health and get on with their lives.

Diagnostics

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.

Abbott Molecular is a leader in molecular diagnostics and the analysis of DNA, RNA, and proteins at the molecular level.

Our Point of Care diagnostic portfolio spans key heath and therapeutic areas, including infections disease, cardiometabolic, informatics and toxicology.

Our diagnostic solutions are used in hospitals, laboratories and clinics around the globe. The crucial information derived from our tests, instruments and informatics systems are often the first step in patient care decision making for hundreds of health conditions from heart attacks to blood disorders to infectious diseases and cancers.

Our rapid diagnostics solutions are helping address some of the world's greatest healthcare challenges.

Nutrition

Our nutrition business develops science-based nutrition products for people of all ages, from helping babies and children grow to keeping adult bodies strong and active. Millions of people around the world count on our leading brands - including Similac®, PediaSure®, Pedialyte®, Ensure®, and Glucerna® - to help them get the nutrients they need to live their healthiest lives

The base pay for this position is
$90,000.00 - $180,000.00
In specific locations, the pay range may vary from the range posted.

JOB FAMILY:
Financial Planning and Analysis

DIVISION:
ADC Diabetes Care

LOCATION:
United States > Alameda : Plaza 6 Building

ADDITIONAL LOCATIONS:

WORK SHIFT:
Standard

TRAVEL:
Yes, 10 % 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)