Financial Analyst II

Abbott • Plymouth, MN

3d • Onsite

About The Position

This position works out of our Plymouth, MN location in the Electrophysiology Medical Device 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. This position partners with various levels of leadership to drive financial ownership, variance analysis and commentary for senior management, and process improvement. The person will be responsible for complex, timely, and accurate financial consolidation of full P&L, forecasting, and capital reporting for the business. Scope includes Consolidation of full P&L, Capital Consolidation, Month-End Close, Quarterly Forecasts, support the development of the Annual Operating Plan, and monthly Business Reviews. Additionally, the person will provide sales and margin analysis, and be involved in process improvement initiatives.

Requirements

• Bachelor’s degree in finance, accounting, or related field.
• 2+ years of full-time experience in FP&A (Financial Planning and analysis).
• Excellent skills in computer applications (MS Excel and PowerPoint).
• Excellent verbal and written communication skills with ability to effectively communicate at multiple levels in matrix-oriented organization.
• Strong analytical and problem-solving skills.
• High level of accuracy and attention to details.

Nice To Haves

• Experience in consolidating P&L / Balance Sheet
• Experience in expense planning and financial modeling.
• Experience in Hyperion Essbase.

Responsibilities

• Support the Month-End close process including accrual requests, journal entries preparation, spending/headcount review, variance analysis to forecast, and reporting of monthly results to management.
• Capital consolidation during month-end close and quarterly forecasts.
• Own all inputs and provide detailed drivers of variances.
• Contribute to the quarterly forecast processes by independently taking ownership for assigned areas. This includes discussion with the respective business partners, understand business inputs and assumptions, consolidate inputs to division level, commenting on the final numbers, provide effective communication to leadership on performance and drivers, and driving excellence in both processes and used tools.
• 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.
• Financial modeling with extensive use of Excel.
• Support other Ad Hoc finance requests or enquiries from business partners.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees