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 109,000 colleagues serve people in more than 160 countries.
Abbott Vascular provides innovative, minimally invasive and cost-effective products for treatment of vascular disease. Our extensive portfolio includes drug-eluting stents, bare metal stents, guide wires, balloon dilatation catheters, imaging catheters and software, vessel closure devices and peripheral stents.
Our location in Santa Clara, CA, currently has an opportunity for a Senior Financial Analyst - Global Development Finance. The Senior Financial Analyst - Global Development Finance is responsible for:
Financial planning, reporting and analysis primarily supporting several R&D groups, as well as some division-wide initiatives.
Prepares financial plans and forecasts based on performance expectations.
Gathers and publishes financial information related to historical, current, and future performance.
Performs financial analysis utilizing appropriate financial concepts and techniques.
Recommends alternative courses of action.
Compliance with applicable Corporate and Divisional Policies and procedures.
WHAT YOU'LL DO
Develop detailed financial forecasts incorporating historic, trended, and current business information.
Monitor functional and departmental spending versus budget by highlighting material variances using system generated detail and trend reports.
Prepare journal entries and assist in month end close as needed to ensure proper accounting at the functional and departmental level.
Design, develop, and publish financial dashboards and packages by identifying optimal KPI's and metrics to track performance.
Perform financial analysis, as directed by management, and recommend alternatives courses of action by utilizing appropriate financial tools . (e.g. NPV, IRR analysis).
Partners with business to evaluate new business opportunities, potential acquisitions, new products, product life cycle management, tax planning and spending initiatives by modeling alternative financial scenarios (e.g. revenues, profitability etc.).
Prepare sensitivity analysis impact on revenue, expenses, and profitability by modeling changes in key variables (recommending appropriate course of action).
Develop and utilize sound financial processes
Establishes and cultivates an extensive support network to facilitate completion of assignments.
Participates in the development of less experienced staff by setting an example, providing guidance, and offering counsel. May lead a project team. Participates in determining goals and objectives for projects.
Influences middle management on technical or business solutions. May interact with vendors.
Plans and organizes non-routine tasks w/approval. Initiates or maintains work schedule. Establishes priorities of work assignments.
Exercises judgment in selecting innovative, practical methods to achieve problem resolution. Failure to obtain results or erroneous decisions or recommendations would typically result in serious delays and considerable expenditure of resources.
Works under minimal supervision. Independently determines and develops approach to solutions. Work is reviewed upon completion for adequacy in meeting objectives.
EDUCATION AND EXPERIENCE YOU'LL BRING
Four-year degree or equivalent experience in financial planning and analysis. Equivalent experience is defined as six years combined experience in the above areas.
4-7 years' experience in financial planning and analysis (in addition to equivalent experience listed above, if applicable), or equivalence in planning and quantitative analysis function.
Strong Excel skills
Knowledge of accounting principles, practices, and standards
Experience with financial management systems such as Hyperion, Dodeca, or equivalent
ERP experience with SAP or similar systems
Experience creating reports and dashboards in PowerBI from multiple data sources
CPA and/or MBA a plus
WHAT WE OFFER
At Abbott, you can have a good job that can grow into a great career. We offer:
Training and career development, with onboarding programs for new employees and tuition assistance
Financial security through competitive compensation, incentives and retirement plans
Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
Paid time off
401(k) retirement savings with a generous company match
The stability of a company with a record of strong financial performance and history of being actively involved in local communities
Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity.
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 109,000 colleagues serve people in more than 160 countries.