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.

About Abbott

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

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 position works out of our Abbott Park Headquarters (Lake County) location in the Corporate FP&A.

The Senior Financial Analyst provides accounting, reporting and financial planning activities in support of the Corporate Benefits FP&A team as well as other corporate support organizations. The primary objectives of Corporate Benefits FP&A team are the accurate accounting, planning and forecasting of Abbott’s employee benefits programs, as well as providing financial support to Corporate HR Benefits business partners. The Corporate Benefits FP&A team manages a +$1B gross budget and corresponding allocations across Abbott as well as compliance and Trust activities for the Abbott benefits plans. This role interfaces with Abbott senior leaders and external auditors.

Corporate Benefits reporting and planning requires critical analysis and forward thinking to analyze and understand the financial implications between benefit programs, payroll, headcount, and business operations from an internal and external point of view. This position will also play a key role in transforming the Corporate Benefits planning and reporting processes by evaluating and leveraging new financial tools and processes delivering more efficient and accurate planning and reporting capabilities.

What You'll Do:

• Month-end closing activities, including, journal entry preparation, account analysis, intercompany transfers, account reconciliations and financial reporting for Corporate Benefits and other Corporate organizations.
• Forecasting and planning for Corporate Benefits and other Corporate organizations
• Perform financial and business analytics and participate in the decision making process
• Ensure compliance with SOX, ERISA, internal controls, Abbott Corporate and division/department specific policies and procedures
• Provide support for internal and external audits and Corporate Tax requests
• Execute timely and accurate financial activities in support of business partners.
• Maintain and update Standard Operating Procedures for assigned activities.
• Operate independently, be flexible in changing environment and challenge the status quo.
• Perform configuration and testing related to existing or new processes/implementations as needed.

Experience and Education you'll bring:

• Minimum of a Bachelor’s degree in Finance or Accounting
• 4+ years of experience in general accounting/reporting.
• Ability to work within a team and as an individual contributor in a fast-paced, changing environment
• Strong Microsoft skills, including use of pivot tables, vlookups and analysis of data using Excel, some VBA macros knowledge helpful
• Ability to summarize/analyze large data sets with the aid of Microsoft tools, Power BI, Alteryx or similar applications
• Requires knowledge of applying accounting principles and regulations to business situations.
• Ability to leverage and/or engage others to accomplish projects.
• Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization.
• Multitasks, prioritizes and meets deadlines in timely manner.
• Strong organizational and follow-up skills, as well as attention to detail

Preferred Qualifications

• Experience with large ERP system; SAP preferred
• CPA preferred
• Experience with Corporate Benefits accounting preferred

* 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 Twitter @AbbottNews and @AbbottGlobal

The base pay for this position is $72,700.00 – $145,300.00. 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.