Financial Analyst II

Financial Analyst II

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 115,000 colleagues serve people in more than 160 countries.

This position works out of our Minnetonka, MN, location in the Electrophysiology division. 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.

The Financial Analyst II is a key value-added role that partners with various levels of leadership to drive financial ownership, cost efficiency, and process improvement. You will be responsible for timely and accurate month end close, financial planning, forecasting, and reporting for the business. Additionally, you will be providing standard cost analysis and process improvement.

What You'll Work On

• Consolidate financials from manufacturing site 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 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.
• 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.

Required Qualifications

• Bachelor's Degree in Business Administration, Finance, Accounting, or related field.
• 2+ years of full-time finance and/or accounting experience.
• Intermediate computer applications (MS Excel, MS PowerPoint).
• Excellent verbal and written communication skills with ability to effectively communicate at multiple levels in the organization.
• Strong analytical, problem solving, variance analysis skills, accuracy, and attention to details.
• Ability to learn system software and databases quickly (SAP, Essbase, Business Objects).

Preferred Qualifications

• Medical device industry experience.
• Experience in, or directly supporting, manufacturing/supply chain/plant operations
• Experience with SAP, Business Objects, and Hyperion SmartView/Essbase.

The base pay for this position is $61,300.00 – $122,700.00. In specific locations, the pay range may vary from the range posted.