Sr. Financial Analyst - Tipp City Plant

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.

Sr. Financial Analyst - Tipp City, OH Plant

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:

• Production areas that are clean, well-lit and temperature-controlled
• Training and career development, with onboarding programs for new employees and tuition assistance
• Financial security through competitive compensation, incentives and retirement plan
• Health care and well-being programs including medical, dental, vision, wellness and occupational health programs, Medical Benefits start day 1
• Vacation – 120 hours of accrued vacation (1st yr is prorated) + vacation buy program + 3 personal days + 10 paid holidays
• Retiree Healthcare program
• Robust 401(k) retirement savings with a generous company match
• 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 stablecompany with a record of strong financial performance and history of being actively involved in local communities
• A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

This position works out of our Tipp City OH Plant in the Abbott Nutrition division. Our Nutrition business develops science-based nutrition products for people of all ages, from helping babies and children grow to keeping adult bodies strong and active. Millions of people around the world count on our leading brands – including Similac®, PediaSure®, Pedialyte®, Ensure®, and Glucerna® – to help them get the nutrients they need to live their healthiest lives.

Tipp City, Ohio, is one of Abbott’s newest nutrition manufacturing facilities with technology that enhances production efficiency and product quality. Join us and you’ll be part of a family that’s dedicated to innovation and excellence and dedicated to nourishing millions of families around the world.

What You’ll Work On

• Assist in all aspects of forecasting, reporting and analyzing results for the Tipp City manufacturing site
• Drive annual budget, quarterly forecasts, month-end close and several weekly reporting processes
• Interact with all levels of the organization and develop positive cross-functional relationships to gather information and influence decision making
• Implement and maintain the effectiveness of the financial system & internal controls
• Manage monthly close through journal entry, reconciliation and report generation
• Monitor spending and ensuring timely and accurate financial reporting, in accordance with divisional reporting requirements
• Lead annual standard setting process for Tipp City plant, deliver SKU level standards with Y-O-Y comparison & detailed commentary for explaining drivers for standard cost movement on timely basis
• Work with department managers & supervisors to develop annual budget/ quarterly forecasts with zero-base approach
• Assist Plant Manager & Controller in preparing the budget/forecasts package for review with leadership team
• Analyze variances from plan/ forecasts for material usage, spending and cost improvement projects
• Document fixed asset procedures; coordinate the plant fixed assets inventories and conduct internal/external audits
• Assist with valuation and implementation of Cost Improvement Projects (CIP)
• Consolidate and report financial performance (Actuals and LBE) utilizing various systems (SAP, HOST, AMAPS, Cognos)
• Develop comprehensive understanding of the various business drivers, processes and reporting requirements and lead improvement projects to support effective decision making and increase efficiency
• Assist management with special projects and ad-hoc analysis

You’ll be accountable for meeting our compliance standards including FDA, OSHA and Abbott policies and procedures.

Required Qualifications

• Bachelor’s degree in relevant field such as accounting or finance
• 3-5 years of finance experience to include roles of increasing responsibility in accounting and/or finance
• Demonstrated ability to provide data and analysis to support decision making, methodical approach to problem solving and rational ideas supporting them
• Knowledge of the principles, processes and standards for integrated financial analysis and reporting
• Ability to plan, implement, and administer financial information andcontrol systems
• Ability to analyze and interpret data
• Understanding offinancial accounting systems
• Self-directed as well as pro-active in order to meet due dates, deadlines, etc.
• Ability to work on multiple projects/tasks concurrently and be able to prioritize these projects/tasks
• Intellectual curiosity, desire learn and to drive to root cause of various issues

Preferred Qualifications

• 5+ years of accounting or financial planning and analysis experience
• Experience in high volume manufacturing environment
• Proficient in SAP ERP, AMAPS, Microsoft Office & other computer applications (ie: databases, budgeting systems, cost systems, general ledger, etc.)
• Understanding of S&OP process and analyzing fixed cost absorption impact driven by change in volumes (SVP)

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire. Pre-Employment Inquiries and Citizenship | U.S. Equal Employment Opportunity Commission (eeoc.gov)

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* 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 and Military/Veteran friendly Employer, committed to employee diversity.

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

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.

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