Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.
JOB DESCRIPTION:
Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to:
- Career development with an international company where you can grow the career you dream of.
- Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
- An excellent retirement savings plan with high employer contribution
- Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
- A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
- A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.
The Opportunity
This Principal Financial Analyst works out of our Maple Grove, MN location in the Medical Devices Division. Our medical devices help more than 10,000 people have healthier hearts, improve quality of life for thousands of people living with chronic pain and movement disorders, and liberate more than 500,000 people with diabetes from routine fingersticks.
What You’ll Work On
Responsible for financial and economic analysis and forecasting and for evaluating alternate financial plans.
- Coordination of Global Clinical Operations Plan, LBE, and Month end processes including creation and distribution of planning assumptions for all GCO groups worldwide. This requires extensive interface and coordination within the division, interacting directly with key local accounting groups and global clinical staff and leaders.
- Ensures completeness and accuracy of the financial plans.
- Analyzes and prepares presentations of financial materials for meetings with the functional GCO leaders.
- Responsible for the month end close tasks including accruals for ongoing expenses as incurred and headcount maintenance for various cost centers in many geographies throughout Europe, Asia Pacific and Japan.
- The Principal level Financial Analyst executes many of the same activities as the Sr level. In addition, the Principal level will also typically possess well developed knowledge and skills to interpret financial information on costs, prices, expenses and headcount and make recommendations to senior management.
- Conduct and document complex financial analysis projects.
- Develop analysis of economic indicators in order to prepare forecasts and analyze the company's short, medium, and long term position.
- Prepare in-depth evaluations of plans and identify new methods of analysis and presentation.
- Responds to ad hoc financial requests.
- Key contributor to the financial planning processes.
- Results from the incumbent’s work are submitted directly to leveraged services finance leadership to be used in consolidating the total Abbott leveraged services financial plans.
- May coach, advise, or train less-experienced financial analysis staff.
Required Qualifications
- Masters Degree or an equivalent combination of education (Bachelors Degree) and work experience.
- Minimum of 10 yrs. related work experience or an equivalent combination of education and work experience.
* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
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The base pay for this position is $83,000.00 – $166,000.00
In specific locations, the pay range may vary from the range posted.
JOB FAMILY:
Financial Planning and Analysis
DIVISION:
MD Medical Devices
LOCATION:
United States > Maple Grove : 6820 Wedgwood Road N.
WORK SHIFT:
Standard
TRAVEL:
Yes, 5 % of the Time
MEDICAL SURVEILLANCE:
Not Applicable
SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)
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