Financial Analyst

Abbott • Pleasanton, CA

4d • $81,500 - $141,300 • Onsite

About The Position

The Financial Analyst supports the Heart Failure Division’s Global Marketing function from Abbott’s Pleasanton, California location. The role prepares financial budgets, performs workforce planning and analysis, supports monthly financial closing activities, reviews operating results, assists staff with finance tasks, tracks capital, and conducts ad hoc analysis and presentations. The position uses financial systems and Microsoft Office tools to support business submissions, consolidation, and analysis.

The analyst performs financial planning and analysis, including budgeting and forecasting, balance sheet forecasting and analysis, variance and headcount analysis, purchase requisition approvals, and capital management. The role supports headcount planning and reporting, prepares journal entries, researches information across financial systems, and provides analysis of budget variances and business performance. It also prepares financial reports and packages, partners with the business on month-end and quarterly Latest Best Estimate analysis and commentary, and contributes to ad hoc projects. The position requires compliance with applicable FDA regulations, other regulatory requirements, and company policies and procedures.

Requirements

• Bachelor’s degree in Business Administration, Finance, Accounting, a related field, or equivalent.
• Demonstrable experience using finance software such as SAP, Hyperion/Essbase, Microsoft Excel, or similar tools.
• Knowledge of balance sheet transactions and their impact on the income statement.
• Ability to prioritize deliverables for timely submissions and reviews.
• Excellent oral and written communication skills and effective executive presence.

Nice To Haves

• 2–5 years of finance experience with progressively greater responsibility.
• Knowledge of and experience with GAAP.
• Ability to deliver information that adds value to management decision-making.
• Strong computer skills, including spreadsheet, word processing, database management, and other relevant applications.
• Ability to meet deadlines on multiple assignments.
• Strong analytical and problem-solving skills, including understanding business drivers.
• Ability to work independently and with senior management.
• Ability to communicate effectively across all levels of the organization.
• Ability to work in a highly matrixed, geographically diverse, cross-functional business environment.
• Ability to work both within a team and as an individual contributor in a fast-paced, changing environment, including managing without authority.
• Ability to leverage or engage others to accomplish projects.
• Experience with workforce planning and headcount management.
• Experience with PowerBI or data visualization tools.

Responsibilities

• Plan, organize, and perform work; monitor performance and report status, using early action and cost-benefit analysis.
• Perform financial planning and analysis for Heart Failure Global Marketing, including budgeting and forecasting, balance sheet forecasting and analysis, variance analysis, headcount analysis, purchase requisition approvals, and capital management.
• Support headcount planning and reporting, including tracking open positions, workforce trends, and organizational changes.
• Drive the monthly closing process, prepare journal entries, and research across financial systems.
• Provide analytical insight into budget variances and performance.
• Prepare and distribute financial reports and packages comparing current performance with last year, plan, and the latest forecast.
• Partner with the business on month-end analysis and commentary for the financial close and quarterly Latest Best Estimate cycles.
• Participate in ad hoc analysis, reporting, and special projects as requested by finance management and supported groups.
• Comply with FDA regulations, other regulatory requirements, company policies, operating procedures, processes, and task assignments.
• Maintain positive and cooperative communication and collaboration with employees, customers, contractors, and vendors.
• Execute annual goals and objectives set by the Heart Failure Finance team.

Benefits

• Free medical coverage for employees through the Health Investment Plan (HIP) PPO.
• Retirement savings plan with a high employer contribution.
• Tuition reimbursement.
• Freedom 2 Save student debt program.
• FreeU education benefit, an affordable and convenient path to a bachelor’s degree.
• Career development opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level