Financial Analyst

Pleasanton, California, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

A Bachelor's Degree in Business Administration, Finance, Accounting, or a related field is required. Demonstrable experience with financial systems such as SAP, Hyperion, and PowerBI is necessary.

Responsibilities

The Financial Analyst will support the Heart Failure Medical Affairs and Clinical/Regulatory Functions by preparing financial budgets, performing workforce planning and analysis, and assisting with monthly financial closing activities. Responsibilities include analyzing operating results, supporting staff with finance tasks, conducting ad hoc analysis, and preparing presentations. The role involves exercising judgment in planning and organizing work, monitoring performance, and reporting status. The analyst will drive the monthly closing process, prepare journal entries, research financial systems, and provide analytical insights into budget variances. They will also prepare and distribute financial reports, partner with the business for month-end analysis and commentary, and act as a subject matter expert representing the business in finance decisions. Compliance with FDA regulations and company policies is essential, along with maintaining positive communication and collaboration with all levels of employees and external partners.

Skills

Financial Analysis

Budgeting

Workforce Planning

Financial Closing

Operating Results Analysis

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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