Financial Analyst II at Abbott

Austin, Texas, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical Devices, ElectrophysiologyIndustries

Requirements

Bachelor’s Degree in Finance, Accounting, Business Administration or related field
3+ years of related experience
Previous experience working with MS Office Suite: Excel and PowerPoint; must have strong proficiency with relevant financial systems applications
Ability to work in a highly matrixed and geographically diverse business environment
Ability to work within a team and as an individual contributor in a fast-paced, changing environment
Ability to leverage and/or engage others to accomplish projects
Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization

Responsibilities

Routinely performs financial planning and analysis activities for the EP business unit, with a focus on expense and capital management supporting the Commercial function. May include any combination of the following areas: budgeting and forecasting, profit and loss, market modeling, sales analysis, business development, gross margin, capital, exchange, price volume variance, headcount and other facets of the complete P&L
Participates in ad hoc analysis and reporting as required by finance management
Provides routine reports to management based on knowledge of finance systems and knowledge of the EP operations
Partners with key geographies to consolidate month-end analysis and commentary related to the financial close cycle
Prepares consolidated reporting, presentations and analysis for quarterly LBE cycles
Executes annual goals and objectives as defined by the EP Finance team
Performs analysis and review of operating results
Assists with monthly financial closing activities, as well as preparing financial models, ad hoc analysis, and presentations supporting the quarterly LBE (latest best estimate) forecasting cycles

Skills

financial planning

financial analysis

financial reporting

operating results analysis

monthly financial closing

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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