Principal Financial Analyst

Abbott • Minnetonka, MN

2d • $86,700 - $173,300 • Onsite

About The Position

Join Abbott’s Finance team as a Principal Financial Analyst and deliver financial insights that support strategic decision-making and business performance. The role leads complex financial analyses, forecasting, planning activities, and cross-functional projects, partnering with leaders across the organization to support growth, profitability, and operational excellence.

The position is in Abbott’s Electrophysiology division in Minnetonka, Minnesota. The base pay range is $86,700 to $173,300, with possible variation in specific locations. The work shift is listed as Standard; travel is not specified.

Requirements

• Bachelor’s degree in Finance or Accounting.
• At least 4 years of experience in accounting, finance, financial planning and analysis (FP&A), or a related business function.
• Experience performing financial analysis, forecasting, budgeting, and reporting.
• Strong understanding of accounting principles, financial statements, and internal controls.
• Ability to analyze complex data, identify trends, and provide actionable recommendations.
• Experience working independently and managing multiple priorities in a fast-paced environment.
• Strong communication, presentation, and cross-functional collaboration skills.
• Proficiency with Microsoft Excel and financial reporting tools.

Nice To Haves

• Experience supporting manufacturing, supply chain, or operations finance environments.
• Experience with capital planning, investment analysis, and profitability modeling.
• Knowledge of ERP systems such as SAP or similar enterprise financial platforms.
• Experience supporting audits and compliance-related activities.
• Demonstrated ability to lead projects and influence stakeholders across multiple levels of the organization.
• Advanced analytical and problem-solving skills with a continuous improvement mindset.
• CPA, CMA, MBA, or other relevant professional certification.

Responsibilities

• Lead financial analysis and reporting to support business objectives and strategic decision-making.
• Develop forecasts, annual profit plans, and long-range financial plans.
• Analyze financial statements, profitability, gross margin, cost of goods sold, cash flow, and balance sheet performance.
• Prepare, review, and evaluate capital expenditure requests and purchase orders.
• Perform pricing and profitability analyses to identify opportunities for growth and efficiency.
• Support resource allocation and headcount planning initiatives.
• Conduct supply chain and demand analytics to improve operational performance.
• Prepare journal entries and maintain accurate financial records and reporting.
• Complete balance sheet reconciliations and ensure compliance with internal controls and financial policies.
• Partner with internal and external auditors by providing financial analysis and supporting documentation.
• Lead cross-functional projects, present findings, and recommend actionable solutions to leadership.
• Collaborate with stakeholders across multiple functions and serve as a key finance business partner.

Benefits

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

What This Job Offers

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