Financial Analyst

4 weeks ago

North Chicago, Illinois, United States Abbott Laboratories company Full time

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.

Junior Financial Analyst Corporate Financial Planning and Analysis

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

Embark on a rotational Finance career path in FP&A (Financial Planning and Analysis) supporting Abbott's Corporate functions. Learn and execute financial processes and activities as well as analytics to support strategic business decisions. Position leads to potential career opportunities in any of Abbott's four global businesses as well as Corporate.

Our location in Lake Bluff, Illinois, currently has an opportunity for an entry-level Junior Financial Analyst to join our Finance team in Spring of 2025 supporting Abbott's Corporate area. Spring 2025 college graduates are encouraged to apply.

What You'll Work On

  • Learn key financial processes and activities, including budgeting, analytics, business support and general accounting. Includes training on SAP Financial modules and Oracle/Hyperion planning systems.
  • Serves as a finance partner for one or several Corporate functions: Business Solutions and Technology/IT, Engineering, Legal, Procurement or Finance.
  • Leveraging Abbott Shared Services organization, executes monthly close activities, provides clear and meaningful financial reporting and commentary. Ensures compliance and champions internal controls and procedures.
  • Develops forecasts and prepares supporting analytics and review materials for presentation to business partners and Finance leaders. Helps to manage risks and opportunities through the use of external and internal signals and data.
  • Partners with the business and finance manager to review and analyze projects. Assists with preparation and review of Requests for Capital Expenditure (RCEs). Provides analytical support for contract negotiations.
  • Participates in the consolidation of financial results and forecasts for part or all of a Corporate function. Assists manager with ad-hoc analysis and preparation of review materials for presentation to Business and Finance leaders.
  • Offer ideas and recommendations for continuous improvements and simplifications in financial and business processes.
  • Actively promotes positive team environment. Participates in talent development opportunities including training and mentoring. Prioritizes self-development and continuous learning.

Required Qualifications

  • Degree in Finance or Accounting. Minimum of a 3.0 grade point average or equivalent.
  • 0-2 years of experience in financial planning, analysis or accounting
  • Demonstrated leadership ability in organizations or activities
  • Proficient with financial modeling, systems, tools including Excel and PowerPoint
  • Strong interpersonal skills, ability to interact with and support business partners
  • Strong written and verbal communication skills
  • Ability to work on multiple priorities and execute in a fast-paced environment

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:

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.

The base pay for this position is $48,000.00 $96, In specific locations, the pay range may vary from the range posted.

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