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Senior Financial Analyst
Senior Financial Analyst-March 2024
Alameda
Mar 18, 2025
About Senior Financial Analyst

  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 115,000 colleagues serve people in more than 160 countries.

  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 (https://www.abbott.com/corpnewsroom/strategy-and-strength/tackling-student-debt-for-our-employees.html) student debt program and FreeU (https://www.abbott.com/corpnewsroom/strategy-and-strength/college-degree-for-free-its-possible-with-freeu.html) 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 is a onsite opportunity in the Abbott Diabetes Care Division. We are helping people with Diabetes lead healthier, happier lives. As a global leader in diabetes care, Abbott is constantly working to deliver the highest quality products and unwavering support to our customers. Consistent and accurate glucose monitoring is the foundation of any diabetes management plan, so we’re committed to continuous improvement in the way patients and professionals measure, track and analyze glucose levels.

  As a Senior Financial Analyst, you will be part of the Global Finance Department at HQ in Alameda, CA. This newly created position will have the opportunity to support our margin improvement initiative while providing financial analysis and clear communication of financial impacts of strategic programs that will help drive improved margins. Our Senior Analyst will monitor performance of the programs and conduct / report variance analysis. This highly visible role will partner with different functions within the Division and Corporate departments to ensure the financial and operational success of the margin improvement initiative. This is a broad scoped position with strong opportunity for growth and career development based on performance. This is an onsite opportunity in Alameda, CA.

  What You'll Do

  Review projects in the margin improvement initiative, ensuring financial reliability of actuals and LBE impact reported

  Prepare key management reports on program performance including performance of the program against target as well as risks and opportunities

  Reconcile financial impacts of key projects to the P&L actual and LBE, supporting year-over-year gross margin rollforward

  Support business case guidance, ROI analysis, RCE preparation and contract negotiations as needed for the projects

  Interact with various functions to analyze and gain better understanding of P&L cost drivers

  Provide management with findings and recommendations needed to make significant business decisions which impact the organization’s profitability

  Coordinate the division’s interactions with Medical Device and Corporate functions that support the margin improvement initiative (e.g. Corporate Procurement and Corporate FP&A)

  Ensure consistent division-wide application of guidance surrounding measurement of sustainable financial impact

  Ensure compliance with CFMs and other applicable policies in the calculation/validation of sustainable profit

  Develop and deliver training to the organization on the margin improvement initiative and financial guidance on measuring and reporting savings

  Accountability for operating with limited supervision on projects with significant interface across functions and groups;

  Balance demands of a variety of customers with potentially conflicting goals; Meet deadlines with minimal supervision and balance workload requirements; Accountable for meeting critical project deliverables.

  EDUCATION AND EXPERIENCE YOU’LL BRING

  Required:

  Bachelors Degree (preferably in finance, accounting or economics)

  3-5 years financial analysis / FP&A experience

  Ability to plan, implement, and administer financial information and systems

  Knowledge of the principles, processes and standards for integrated financial analysis and reporting.

  Highly Proficient in MS Office especially Excel

  Strong verbal and written communication skills with ability to effectively communicate at multiple levels in the organization

  Demonstrated ability to analyze and interpret financial data to make recommendations as well as problem solve

  Preferred:

  Masters Degree / MBA preferred

  Experience with Hyperion EssBase, SAP and Power BI

  Apply Now (https://www.jobs.abbott/us/en)

  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: www.abbottbenefits.com (http://www.abbottbenefits.com/pages/candidate.aspx)

  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 @AbbottNews.

  Divisional Information

  Medical Devices

  General Medical Devices:

  Our medical devices help more than 10,000 people have healthier hearts, improve quality of life for thousands of people living with chronic pain and movement disorders, and liberate more than 500,000 people with diabetes from routine fingersticks.

  CRM

  As a global leader in Cardiac Rhythm Technologies, we focus on innovative technologies that can improve the way doctors treat people with heart arrhythmias, or irregular heartbeats.

  Diabetes

  We’re focused on helping people with diabetes manage their health with life-changing products that provide accurate data to drive better-informed decisions. We’re revolutionizing the way people monitor their glucose levels with our new sensing technology.

  Vascular

  Abbott Vascular provides innovative, minimally invasive, and cost-effective products for treatment of vascular disease.

  Neuromodulation

  Our Neuromodulation business includes implantable devices compatible with mobile technology to help people who suffer from chronic pain and movement disorders. These non-opioid therapies allow us to provide interventional pain therapy to patients throughout the pain continuum.

  Structural Heart

  Structural Heart Business Mission: why we exist

  Our business purpose is to restore health and improve quality of life through the design and provision of device and management solutions for the treatment of structural heart disease.

  EP

  In Abbott’s Electrophysiology (EP) business, we’re advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives.

  HF

  In Abbott’s Heart Failure (HF) business, we’re developing solutions to diagnose, monitor and manage heart failure, allowing people to restore their health and get on with their lives.

  Diagnostics

  We’re empowering smarter medical and economic decision making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people.

  Abbott Molecular is a leader in molecular diagnostics and the analysis of DNA, RNA, and proteins at the molecular level.

  Our Point of Care diagnostic portfolio spans key heath and therapeutic areas, including infections disease, cardiometabolic, informatics and toxicology.

  Our diagnostic solutions are used in hospitals, laboratories and clinics around the globe. The crucial information derived from our tests, instruments and informatics systems are often the first step in patient care decision making for hundreds of health conditions from heart attacks to blood disorders to infectious diseases and cancers.

  Our rapid diagnostics solutions are helping address some of the world’s greatest healthcare challenges.

  Nutrition

  Our nutrition business develops science-based nutrition products for people of all ages, from helping babies and children grow, to keeping adult bodies strong and active. Millions of people around the world count on our leading brands – including Similac®, PediaSure®, Pedialyte®, Ensure®, Glucerna® and ZonePerfect® – to help get the nutrients they need to live their healthiest life.

  The base pay for this position is $83,600.00 – $167,200.00. In specific locations, the pay range may vary from the range posted.

  An Equal Opportunity Employer

  Abbot welcomes and encourages diversity in our workforce.

  We provide reasonable accommodation to qualified individuals with disabilities.

  To request accommodation, please call 224-667-4913 or email [email protected]

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