Senior Financial Analyst

Location: United States - Massachusetts - Westford

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 122,000 colleagues serve people in more than 160 countries.

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.
• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
• 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 our Westford, Massachusetts location within the AVD Vascular division. This is an onsite position.

The Senior Financial Analyst is responsible for providing cost planning, analysis, and reporting to Westford site leadership to meet targeted deliverables, as well as makes recommendations to reduce costs, scale for the future, and meet regulatory compliance.

What You'll Work On

Monitor the Financial & Operational performance for the Westford manufacturing location, comparing the Plan and LBE vs Actual results for different cost centers and GL accounts, analyze spending trends of different accounts, and suggest actions to optimize results.

Partner with manufacturing, engineering and other support functions in the preparation of Annual Operation Plan and LBEs for the manufacturing site.

Prepare various report submissions from Operations and verify accuracy and reasonableness and submit to the site Leadership Team and HQ Finance.

Develop reports, dashboards, key performance indicators, etc as required, and act as the Subject Matter Expert related site financial performance.

Manage Dodeca system data, including uploading and retrieving data in the system, and reconciling the Dodeca system data with other ERP system data to ensure data accuracy.

Monitor, track and reconcile various balance sheet accounts, including Fixed Assets, Accruals, etc.

Create reports / dashboard with financial information for the Operating teams considering business partner requirements

Create tools to monitor and track the COGS, and analyze trends and comparisons vs other benchmarks.

Act as finance leader and support cost reduction initiatives that will drive sustainable growth for the Westford site.

The Senior level Financial Analyst executes many of the same activities as the Experienced level.

In addition, the Senior level will also typically: possess well developed knowledge and skills to interpret financial information on costs, prices, expenses and revenues 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.

Data collected and analyzed include revenues, expenses, costs, prices, investments, cash flow, profits, inflation, interest rates and exchange rates.

Ability to form partnerships with Div HQ, cross functional partners, and regional contacts required

Excellent interpersonal skills at all levels required

Experience working in a matrix organization

Required Qualifications

Associates Degree

Minimum 4+ years progressive experience

Preferred Qualifications

Bachelor’s Degree Accounting, Finance or related

Experience in a manufacturing environment preferred

• Familiarity with Essbase, Dodeca, SAP, or HFM preferred.
• CPA, CMA, or CPIM designation or equivalent.
• 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
• 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
• The base pay for this position is

$78,000.00 – $156,000.00

In specific locations, the pay range may vary from the range posted.

JOB FAMILY

Financial Planning and Analysis

DIVISION

AVD Vascular

LOCATION

United States > Massachusetts > Westford : 4 Robbins Road

ADDITIONAL LOCATIONS

WORK SHIFT

Standard

TRAVEL

Yes, 5 % of the Time

MEDICAL SURVEILLANCE

No

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)
• Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
• EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf
• EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf