About the role
JOB DESCRIPTION:
The Opportunity
Responsible for financial planning, reporting and analysis. 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 and recommends alternative courses of action.
What You'll Work On
- Develop detailed financial forecasts incorporating historic, trended and current business information.
- Collaborate closely with cross functional teams to support revenue driven initiatives, translating business priorities into actionable financial insights that enable aligned decision making.
- Monitor functional and departmental spending versus budget by highlighting material variances using system generated detail and trend reports.
- Prepare and distribute financial reports and packages by gathering and analyzing information related to current performance.
- Support Global team achieve growth targets through problem solving, analytics, and dashboarding
- Perform financial analysis, as directed by management, and recommend alternatives courses of action by utilizing appropriate financial tools . (e.g. EVA, NPV analysis).
- Prepare sensitivity analysis impact on revenue, expenses and profitability by modeling changes in key variables.
- Develop and utilize sound financial processes.
- Cultivates a wide range of internal networks and begins to develop an external network of resources to facilitate completion of tasks.
- May demonstrate basic project management skills by acting as a project lead on small, well defined projects.
- Influence exerted at peer level and occasionally at first levels of management.
- Plans, organizes, and prioritizes own daily work routine to meet established schedule.
- Exercises authority and judgment within defined limits to determine appropriate action.
- Failure to achieve results or erroneous decisions or recommendations may cause delays and may result in the allocation of additional resources.
- Works under general supervision.
- Receives limited supervision on standard issues, and detailed instructions on new assignments. Work is reviewed for soundness of judgment, overall adequacy and accuracy.
Required Qualifications
- Bachelors Degree or equivalent experience
- 4 years of experience in financial planning and analysis
- Experience with excel
Preferred Qualifications
- Masters Degree
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 a history of being actively involved in local communities.
An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.
The base pay for this position is
$61,300.00 – $122,700.00In specific locations, the pay range may vary from the range posted.
JOB FAMILY:
Financial Planning and Analysis
DIVISION:
CMI ARDx Cardiometabolic and Informatics
LOCATION:
United States > Lake Forest : J55
ADDITIONAL LOCATIONS:
WORK SHIFT:
Standard
TRAVEL:
No
MEDICAL SURVEILLANCE:
Not Applicable
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
Aplyr's read
Abbott Laboratories is a leader in healthcare innovation, attracting professionals dedicated to advancing medical technology and patient care on a global scale.
What's promising
- •Abbott's diverse product range offers stability and growth opportunities.
- •Strong global presence enhances career mobility and international experience.
- •Commitment to R&D fosters a culture of innovation and learning.
What to watch
- •Regulatory challenges can impact product launch timelines.
- •High competition in the healthcare sector pressures market share.
- •Complex organizational structure may slow decision-making processes.
Why Abbott
- •Abbott's focus on both diagnostics and nutrition sets it apart from typical pharmaceutical companies.
- •Extensive global footprint provides unique cross-border project opportunities.
- •Abbott's investment in emerging markets offers growth in diverse regions.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Abbott
Abbott Laboratories is a global healthcare company that develops and manufactures a wide range of medical devices, diagnostics, nutrition products, and branded generic pharmaceuticals.
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