Senior Financial Analyst

Abbott • Alameda, CA

1d • $90,000 - $180,000 • Onsite

About The Position

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 Senior Financial Analyst, you will be responsible for the division wide reporting and analysis processes with a focus on cashflow, capital investment, and balance sheet. This role supports creation/management of annual budgets with periodic forecast updates. You will provide leadership, oversight, coordination, and planning, to execute the financial planning processes and ensure timeliness, accuracy, and integrity of financial information. This role has high levels of visibility to executive management.
The main functions of this position include (1) the coordination of ADC’s cashflow and balance sheet financial planning activities including the compilation, analysis, and distribution of management review packages, (2) preparation and analysis of capital projects, (3) communication between ADC’s Division Headquarters, various ADC financial teams around the world, and Corporate Finance.
The Senior Financial Analyst is responsible for providing analytics, explanations of key performance drivers, management presentations, and business support to enable informed decision making by executive management at the ADC, Medical Device and Corporate levels.
This is an onsite opportunity in Alameda, CA.

Requirements

• Bachelors Degree (preferably in finance, accounting or economics)
• 3-5 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.

Nice To Haves

• Financial planning experience in either a Commercial, Manufacturing or Corporate background.
• Demonstrated problem solving and analysis within a broad framework of Abbott’s financial policies (CFMs), and Generally Accepted Accounting Principles.
• Strong understanding of Balance Sheet, Investments and Cash flow Statements.
• Perform detailed analytical analysis through the identification of pertinent data and subsequent collection, analysis, and interpretation thereof.
• Ability and desire to search out and evaluate business problems and opportunities, as well as the capability to direct efforts to achieve answers and results.
• Strong verbal and written communications with ability to effectively communicate at multiple levels of an organization.
• Proven experience with advanced Excel functions (e.g., XLOOKUP, INDEX/MATCH, SUMIFS)

Responsibilities

• Support Finance Management on key projects and analyses.
• Integral player in development of annual plans and periodic updates as needed.
• Create and maintain detailed reports and dashboards to support business decision-making.
• Interface with Senior Management, Department Managers, and key stakeholders to gain understanding of key business impact drivers.
• Develop flexible, comprehensive tools and templates to support the consolidation and timely completion of corporate schedules.
• Implement system solutions and process improvements that meet the needs of the financial planning and reporting requirements.
• Partner in the management of Cash Flow and Balance Sheet analysis to ensure reserves are adequate and forecasts represent the operating plan.
• Analyze the cash conversion cycle with DSO, DOH and DPO trends and driving factors.
• Prepare key management reports emphasizing historical results, budgets, forecasts, and trends, which are presented to Senior Divisional leaders.
• Perform actual to budget variance analysis while highlighting risks & opportunities to plan.
• Create and present slides summarizing key business activities that support the financial submissions from the finance teams and are reviewed by senior leadership.
• Perform cost benefit justifications on major investments in new product development, programs and or capital expenditures.
• Perform monthly management reporting including budgetary performance and/or daily/monthly sales reporting as applicable.
• Perform financial analysis on new business and capital investment opportunities (ROI analysis).
• Assist in and partner on strategic business analysis initiatives.
• Identify opportunities to enhance existing Excel files, including optimizing formulas, functions, and overall structure.
• Organize and maintain complex Excel files, ensuring data accuracy and integrity.
• Completes ad hoc financial requests as needed.
• Operate 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.
• Proactively develop and present analytics to drive financial and operational excellence across all areas.

Benefits

• 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
• FreeU education benefit

What This Job Offers

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