Finance Intern at Abbott

Casablanca, Casablanca-Settat, Morocco

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Not SpecifiedCompensation

InternshipExperience Level

InternshipJob Type

UnknownVisa

HealthcareIndustries

Requirements

BTS in Accounting or 1st degree (in commerce or Economics)
Maximum Six (06) Months experience in Accountancy / financial analysis
Knowledge in GAAP and/or local country reporting requirements
Advanced level spreadsheet experience
Multi-national exposure
Fluent French language, in addition to English (Arabic a plus)
Strong systems background (GL system / Planning system / Microsoft)
Very organized person with good time management skills
Quality Orientation in deliverables

Responsibilities

Detailed SG&A analysis including department budgets by preparing monthly tracker for actuals and performance vs plan
Follow up on monthly payments to vendors/suppliers and assure timely settlements for Abbott dues
Assist the FP&A manager in performing weekly reporting “sales flash, LBEc”
Assist the FP&A manager in performing month end close “actual reporting, preparing monthly reports (F.1.0., etc)”
Assist the FP&A manager in the preparation of cash flow plan, LBEs’
Monitor monthly cash flow results and prepare comparison vs different scenarios
Track receivables and communicate with distributors to make sure payments are done timely

Skills

Key technologies and capabilities for this role

FP&ABudgetingSG&A AnalysisFinancial ReportingCash Flow ForecastingP&L AnalysisMonth End CloseAccounts ReceivableVendor Payments

Questions & Answers

Common questions about this position

What is the salary for the Finance Intern position?

The base pay for this position is N/A.

Is this a remote position or is there a specific location requirement?

This information is not specified in the job description.

What qualifications and skills are required for this Finance Intern role?

Required qualifications include BTS in Accounting or a degree in commerce or Economics, maximum 6 months experience in accountancy/financial analysis, advanced spreadsheet skills, fluency in French and English (Arabic a plus), and strong time management. Knowledge of GAAP/local reporting, multi-national exposure, and systems like GL/Planning/Microsoft are also needed.

What is the company culture like at Abbott?

Abbott is a global healthcare company committed to helping people live better, employing over 100,000 people in 150+ countries, offering opportunities for positive impact through challenging work in a successful organization shaping the future of health.

What makes a strong candidate for this Finance Intern position?

Strong candidates will have expert knowledge of finance processes, professional financial skills with business experience, strong time management including organization and prioritization, and a focus on quality deliverables while assisting in budgeting, reporting, and closings.

Abbott

Healthcare solutions in diagnostics and devices

About Abbott

Abbott Laboratories focuses on improving health through various medical technologies and health solutions. The company operates in areas such as cardiovascular health, diabetes management, diagnostic testing, nutrition, and neuromodulation for chronic pain and movement disorders. Abbott's products include advanced medical devices and diagnostic tests that help healthcare professionals and patients manage health conditions effectively. For example, their cardiovascular technologies assist in heart health management, while diabetes care products enable accurate glucose monitoring without painful fingersticks. Unlike many competitors, Abbott emphasizes accessibility and affordability in its offerings, aiming to make life-changing technologies available to a broader audience. The company's goal is to positively impact global health and well-being, supported by a commitment to sustainability and a 2030 Sustainability Plan.

Lake Bluff, IllinoisHeadquarters

1888Year Founded

IPOCompany Stage

HealthcareIndustries

10,001+Employees

Risks

Departure of key leader Dr. Adamson may affect Abbott's Heart Failure division.

Integration challenges with Medtronic could impact glucose monitor-insulin pump rollout.

Thermo Fisher's microfluidics expansion may increase competition for Abbott.

Differentiation

Abbott integrates continuous glucose monitoring with automated insulin delivery systems.

Abbott's microfluidic devices streamline diagnostic processes efficiently.

Abbott's neuromodulation products target specific nervous system areas for chronic pain relief.

Upsides

Microfluidic technology offers cost-effective solutions in diagnostics.

Strategic partnerships like Abbott-Medtronic enhance product offerings and market reach.

Significant investments indicate strong market confidence in Abbott's healthcare solutions.

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