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Senior Finance Strategist, FP&A
2 months ago
About Abbott
Abbott is a worldwide leader in healthcare, dedicated to enhancing the quality of life for individuals at every stage. Our extensive range of transformative technologies covers various healthcare sectors, including diagnostics, medical devices, nutritionals, and branded generic medicines. With a workforce of 114,000 professionals, we serve clients in over 160 countries.
Why Join Abbott?
At Abbott, you will engage in meaningful work, develop your skills, and enjoy a fulfilling life. Our offerings include:
- Career advancement opportunities within a global organization that supports your professional aspirations.
- Comprehensive medical coverage for employees through the Health Investment Plan (HIP) PPO.
- A robust retirement savings plan with significant employer contributions.
- Tuition reimbursement, the Freedom 2 Save student debt initiative, and the FreeU education benefit, providing an accessible route to obtaining a bachelor's degree.
- A company recognized as a top employer in numerous countries and listed among the most admired companies globally by Fortune.
- A workplace celebrated for its commitment to diversity, supporting working mothers, female leaders, and scientists.
The Role
This position is integral to our Structural Heart division, focusing on enhancing health and quality of life through innovative device solutions for structural heart conditions. As a key contributor within SH Commercial Finance, you will collaborate with leadership to promote financial accountability, optimize costs, and drive process enhancements.
Your Responsibilities
- Generate comprehensive financial forecasts by integrating historical, trending, and current business data.
- Track departmental expenditures against budgets, identifying significant variances through detailed reports.
- Assist in month-end closing processes and prepare journal entries to ensure accurate accounting.
- Compile and disseminate financial reports by analyzing current performance metrics.
- Conduct financial analyses as directed, recommending alternative strategies using appropriate financial tools.
- Assess new business ventures, potential acquisitions, and product launches by modeling various financial scenarios.
- Perform sensitivity analyses to evaluate the impact of changes in key variables on revenue and profitability.
- Establish and maintain effective financial processes.
- Foster a broad network of support to facilitate project completion and mentor less experienced staff.
- Plan and prioritize non-routine tasks with minimal supervision, ensuring timely execution.
- Utilize innovative problem-solving methods to achieve objectives, minimizing delays and resource expenditure.
Qualifications
Required:
- Bachelor's degree in Accounting, Finance, or a related field.
- Over 4 years of experience in Financial Planning and Analysis.
- Advanced proficiency in Excel, including PivotTables and VLOOKUP.
- Strong communication skills, both verbal and written, with the ability to present financial information effectively.
- Exceptional analytical and critical thinking abilities.
- Attention to detail and commitment to accuracy.
Preferred:
- Master's degree in Accounting, Finance, or a related field.
- Experience in financial planning and analysis within a manufacturing or cost accounting environment.
- Familiarity with SAP ERP and Hyperion Planning/Essbase systems.
- Ability to thrive under pressure and manage tight deadlines.
- Proactive approach to adapting to changing priorities.
- Strong initiative and results-oriented mindset.
Abbott is an Equal Opportunity Employer, committed to fostering a diverse workforce.