Sr Financial Analyst at Abbott

Austin, Texas, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical Devices, CardiovascularIndustries

Requirements

Bachelor’s degree in Business Administration, Finance, Accounting, or related field
3-4 years of full-time finance and/or accounting experience
Strong analytical, problem solving, variance analysis skills, and attention to details
Excellent verbal and written communication, interpersonal and presentation skills
Proficient in Microsoft Office Suite (Excel, PowerPoint, etc.) with advanced Excel skills
Ability to learn system software and databases quickly (SAP, Essbase, PowerBI)

Responsibilities

Prepare journal entries and assist in month end close
Prepare and distribute sales reports and packages by gathering and analyzing information related to current performance. Provide commentary on variances against various benchmarks
Develop detailed sales forecasts incorporating historic, trended, and current business information. Ensure complete, accurate and timely submissions for quarterly forecasting cycles i.e. LBE (Latest Best Estimates)
Complete balance sheet reconciliation and analysis of Rebates and Accounts Receivables. Work with CFS, Pricing team and the Commercial team on actions to drive cash flow improvements
Prepare executive-ready presentations with concise messaging. Translate data into meaningful visuals / charts appropriate for the audience
Perform ad-hoc projects and analysis as needed by the business

Skills

Financial Planning

Financial Analysis

Journal Entries

Month End Close

Sales Reporting

Variance Analysis

Sales Forecasting

Balance Sheet Reconciliation

Rebates Analysis

Accounts Receivable

Cash Flow Analysis

Executive Presentations

Data Visualization

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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