Financial Professional Development Program at Abbott

Wiesbaden, Hesse, Germany

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Not SpecifiedCompensation

Entry Level & New GradExperience Level

Full TimeJob Type

NoVisa

HealthcareIndustries

Requirements

Basic Qualifications:
Completion of a Bachelor’s Degree in Finance, Accounting, Business or similar
Geographically mobile and willing to do at least one six-month assignment outside of home country
Unrestricted authorization to work in home country (within the EU or the UK)
Fluent level of English for written and verbal business communication
Desire to pursue certification as Qualified Accountant
Preferred Qualifications:
Strong academic records
Demonstrated leadership through organizational involvement
Minimum of one internship in Finance or Accounting

Responsibilities

Participate in a two-year program completing four different six-month assignments across a variety of Abbott businesses and areas of Finance (e.g., corporate and division headquarters, manufacturing plants, and other operating environments)
Work with a senior financial leader who provides mentoring and advice
Engage in locations across Europe and the UK (e.g., Germany, United Kingdom, Ireland, The Netherlands, Switzerland)
Roll off the program in home region upon completion and transition to a role within Abbott assisted by the Program Management Office
Travel up to 25% of the time

Skills

Key technologies and capabilities for this role

AccountingFinanceFinancial AnalysisBusiness AcumenProblem-SolvingLeadership

Questions & Answers

Common questions about this position

What is the base pay for this Financial Professional Development Program position?

The base pay for this position is listed as N/A. In specific locations, the pay range may vary from the range posted.

Where are the assignments located for this program?

Assignments in Europe and the UK can be located in multiple areas each year, including Germany, United Kingdom, Ireland, The Netherlands, and Switzerland. Participants are required to roll off the program in their home region.

What are the basic qualifications for the FPDP role?

Basic qualifications include completion of a Bachelor’s Degree in Finance, Accounting, Business or similar, being geographically mobile and willing to do at least one six-month assignment outside of home country, unrestricted authorization to work in home country (within the EU or the UK), fluent English, and desire to pursue certification as Qualified Accountant.

What is the structure of the Financial Professional Development Program?

Each participant spends two years in the program, completing four different six-month assignments across various Abbott businesses and Finance areas. Participants are assigned to a senior financial leader for mentoring.

What makes a strong candidate for this Abbott FPDP program?

Strong candidates have strong academic records, demonstrated leadership through organizational involvement, and a minimum of one internship in Finance or Accounting, in addition to meeting basic qualifications.

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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