Senior Financial Analyst

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.

Senior Financial Analyst

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

We are recruiting a Senior Financial Analyst to support Abbott’s Structural Heart Division in our Santa Clara, CA, location. This position is a critical role within Structural Heart Finance that partners with various levels of leadership to drive financial ownership, cost efficiency, and process improvement. You will be responsible for complex, timely, and accurate financial planning, forecasting, and reporting for the business.

Structural Heart Business Mission: why we exist

Our business purpose is to restore health and improve quality of life through the design and provision of device and management solutions for the treatment of structural heart disease. We aim to lead the markets we serve by requiring the solutions we offer customers provide an improved benefit/risk profile as compared to existing standards of care; a performance threshold that by definition, guides and ensures the productive output of our engineering, business development, and clinical research efforts result in outcomes that advance the standard of care.

What You'll Work On

• Consolidate financials and provide concise, effective communication to leadership on business performance to identify opportunities and drive improvement. Scope includes Month-End Close, Quarterly Forecasts, Annual Plan & R&D Portfolio Strategy.
• Develop budgets supporting the Annual Plan and Quarterly Forecasts for R&D cost centers. 
• Perform variance analysis and identify key drivers in support of business decisions. 
• Conduct regular financial reviews with business partners to communicate financial performance and business issues.
•  Provide valuable insight to influence the business to achieve financial goals.
• Execute Month-End Close processes, including journal entry preparation, spending/headcount review, variance analyses, and reporting of monthly results to management.
• Provide ad-hoc analyses to support complex decision-making within the R&D organization and present recommendations to management. 
• Serve as financial lead in cross-functional team environments.
• Identify areas that can be improved and constructively propose new solutions that drive efficiencies. 
• Develop and utilize sound financial processes to drive improved business performance.

Required Qualifications

• Bachelor’s Degree in Accounting, Finance, or related discipline
• 4+ years of Financial Planning and Analysis experience
• Advanced level of proficiency with Excel (e.g. Pivot tables, VLOOKUP, other functionalities)
• Proficiency with PowerPoint
• Excellent verbal and written communication skills with ability to communicate
• Ability to articulate financial results based on audience
• Strong analytical and critical thinking skills
• Accuracy and attention to detail

Preferred Qualifications

• Master’s Degree in Accounting, Finance, or related discipline
• Progressive accounting and/or financial planning and analysis experience
• Experience with SAP ERP and Hyperion Planning/Essbase systems
• Ability to manage tight time commitments in high-pressure situations
• Ability to work effectively under uncertainties and flexibility to meet changing priorities in a proactive manner
• Strong results orientation and bias for action, including a high degree of initiative and self-motivation in understanding business needs and leading others to meet those needs

Apply Now

* 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: www.abbottbenefits.com

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.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on X @AbbottNews.

The base pay for this position is $83,600.00 – $167,200.00. In specific locations, the pay range may vary from the range posted.

For further information, and to apply, please visit our website via the “Apply” button below.