Principal Financial Analyst

Abbott Laboratories • Santa Clara, CA

412d • $109,300 - $218,500

About The Position

The Principal Financial Analyst at Abbott Laboratories plays a crucial role in managing financial planning and analysis activities within the Structural Heart Division. This position is responsible for identifying financial risks and opportunities, supporting product development forecasts, and contributing to the organization's financial goals. The analyst will work closely with cross-functional teams to evaluate new business opportunities and develop financial models, while also leading process improvement projects and ensuring compliance with corporate policies.

Requirements

• 8+ years of combined experience in financial planning and analysis and/or accounting
• Four-year degree or equivalent experience in Finance or Accounting
• Strong Excel and enterprise system skills
• Ability to work in a highly matrixed and geographically diverse business environment
• Ability to lead teams, influence and engage others to accomplish projects in a fast-paced, changing environment
• Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization

Nice To Haves

• Master's/MBA degree or CPA preferred
• Power BI experience is a plus

Responsibilities

• Support Product Development and strategic planning forecast of pipeline analysis
• Facilitate quarterly LBE process with the R&D groups
• Partner with cross-functional teams to evaluate new business opportunities and new products
• Model alternative financial scenarios and conduct NPV/IRR and sensitivity analyses
• Design, develop, and publish financial dashboards to track program performance, productivity metrics, and KPIs
• Take leading role in headcount allocation process for Product Development, Quality, Ops, Regulatory organizations
• Review monthly spending performance and month-end close results, analyze variances and provide variance explanations
• Clearly identify annual strategic path to achieve divisional and operational financial goals
• Lead process improvement projects and develop solutions collaboratively with cross-functional teams
• Responsible for compliance with all applicable Corporate and Divisional policies and procedures
• Employee management, coaching and development through financial education and training

Benefits

• Free medical coverage for employees via the Health Investment Plan (HIP) PPO
• Excellent retirement savings plan with a high employer contribution
• Tuition reimbursement
• Freedom 2 Save student debt program
• FreeU education benefit - an affordable path to getting a bachelor's degree

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Miscellaneous Manufacturing
• Education Level: Bachelor's degree
• Number of Employees: 10,001+ employees