Financial Analyst

About Abbott

Abbott is a prominent global healthcare company dedicated to enhancing lives across all stages. Our diverse portfolio includes leading products in diagnostics, medical devices, nutritionals, and branded generics, supported by 115,000 employees in over 160 countries.

Why Join Abbott?

• Opportunity to grow your career internationally with a global leader.
• Eligibility for free health coverage through the Health Investment Plan (HIP) PPO medical plan in the upcoming year.
• Attractive retirement savings plan with significant employer contributions.
• Educational benefits including tuition reimbursement, Freedom 2 Save student debt program, and FreeU, providing accessible routes to earning a bachelor's degree.
• Recognition as a great workplace worldwide, noted for diversity and support for working mothers, female executives, and scientists.

Role Overview

We have an immediate opening for a Financial Analyst at our Lake County, Abbott Park, IL site. This role supports the Global Procurement Services unit by providing financial planning and analysis (FP&A) services. You will oversee key financial operations and deliver analytics crucial for strategic decision-making.

Key Responsibilities

• Collaborate with the Manager, Financial Planning and Analysis to support Global Procurement.
• Manage month-end closing and Latest Best Estimate (LBE) processes; conduct variance analysis and prepare commentary for submissions.
• Produce forecasting and analytical support for critical budget areas including payroll and major projects.
• Compile and report monthly actuals and LBE consolidations.
• Spot potential risks and opportunities, presenting insightful findings to leadership teams.
• Perform ad hoc financial analyses to support special projects or initiatives.
• Assist in preparing annual plan presentations for senior executives including Vice President, Global Procurement, Corporate Controller, and CFO.
• Drive ongoing improvements and simplifications in financial and business workflows.
• Work independently and collaboratively, applying analytical and critical thinking skills in diverse scenarios.

Required Qualifications

• Bachelor’s degree in Accounting, Finance, or related discipline, or equivalent experience.
• Two to four years of experience in financial planning, analysis, and accounting.
• Strong abilities in analytical thinking, problem-solving, variance analysis, with meticulous attention to detail.
• Proficient communication skills to clearly articulate complex technical information.
• Capability to manage multiple priorities effectively in high-pressure environments.

Preferred Qualifications

• Experience with financial modeling and familiarity with systems such as Excel, Hyperion Essbase, and SAP.

Compensation and Benefits

The base salary range for this position is $61,300 to $122,700 annually, though exact pay may differ based on location. Abbott offers comprehensive health and wellness benefits to support the well-being of you and your family.

Commitment to Diversity

Abbott is an Equal Opportunity Employer devoted to employee diversity and inclusion.