Senior Financial Analyst

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.

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 your 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. 

• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year. 

• An excellent retirement savings plan with a 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 worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists.  

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 a Senior Financial Analyst for "Research & Development" and "New Analyte Ventures", you'll be a key advisor for an R&D organization responsible for the development of next-generation biosensing technologies in Abbott Diabetes Care’s New Analyte Ventures.

You will be responsible for the creation and maintenance of annual budgets and periodic forecast updates for the Business. This includes a deep-dive of the business data, and providing financial analysis and support to operating managers on strategic planning, budgeting and operations planning, performance monitoring and variance analysis. You'll be part of the financial evaluation of future business opportunities (aka "New Analyte Ventures"). You'll perform ROI, financial modeling and payback analysis on new products, technologies and/or major capital expenditures. This is an onsite opportunity in Alameda, CA.

WHAT YOU’LL DO

• Supports the Controller / Finance Management on key projects and analyses.
• Integral player in development of annual plans and periodic updates as needed.
• Interfaces with Senior Management and Department Managers and key stakeholders to gain understanding of key revenue and cost drivers.
• Prepares key management reports emphasizing historical results, budgets, forecasts, and trends.
• Performs actual to budget variance analysis while highlighting risks & opportunities to plan.
• Performs cost benefit justifications on major investments in new product development, programs and or capital expenditures.
• Performs monthly management reporting including budgetary performance and/or daily/monthly sales reporting as applicable.
• Analyzes functional P&L margin drivers.
• Performs financial analysis on new business opportunities (ROI analysis).
• Responsible for Balance Sheet analysis to ensure reserves are adequate and forecasts represent the operating plants.
• Accountability for operating 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; Accountable for meeting critical project deliverables.

Experience You'll Bring
Required

• Bachelors Degree (preferably in finance, accounting or economics)
• 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 Skills

• Masters Degree / MBA preferred
• Experience with SAP and Hyperion/ Dodeca budgeting software a plus
• Proficient in MS Office (Word, Excel, Outlook, Teams)
• Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: 

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 , on Facebook at and on Twitter @AbbottNews and @AbbottGlobal.

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.