Senior Financial Analyst

at Abbott in Lake Forest, Illinois, United States

Job Description

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.

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

We have an exciting opportunity for a Sr. Financial Analyst within our Abbott Rapid Diagnostics business located at Lake Forest, IL . The successful person will have experience working with business-support positions in Multinational environments. Abbott Rapid Diagnostics (formerly Alere) is part of Abbott’s Diagnostics family of businesses, bringing together exceptional teams of experts and industry leading technologies to support diagnostic testing which provides important information for treatment and management of diseases and other conditions.

What You’ll Work On

+ Liaise between IDEM BU Finance teams, Business unit senior leadership, and Division Finance teams.

+ Analyze and forecast financial, economic, and other data to provide accurate and timely information for strategic and operational decisions.

+ Support, consolidate, and summarize the IDEM BU global sales forecasts; review and investigate variances between actual results and benchmarks; review and analyze forecasts against benchmarks (I.e., prior year, plan, and prior forecast)

+ Prepare management reporting; analysis of Sales and P&L trends and comparisons vs. benchmarks (comparisons to Plan, LBE, and Prior Year); identify key drivers as part of variance analytics.

+ Work with management teams in Finance and HQ functions to evaluate strategic programs and priorities.

+ Identify opportunities and highlight risks associated with the achievement of targets and metrics.

+ Assist in integrating into existing Abbott systems, identifying and implementing process improvements.

+ Collaborate with Division Finance, and Local/Entity Finance teams on Monthly and Quarterly Financial Planning and Reporting requirements.

+ Perform ad-hoc analyses based on needs of Finance leadership and Division management, evaluate overall Business unit performance and items such as new initiatives and cost savings opportunities. Assist with preparation of management PowerPoint presentations.

Required Qualifications:

+ Associate’s Degree (± 13 years) is required, or higher education is preferred.

+ 3 or more years of experience in a similar area in Finance or Accounting is required.

+ Willing to work on a hybrid schedule in the office in Lake Forest, IL.

Preferred Qualifications:

+ Experience in a Large Organization, using multiple systems.

  • 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.

Connect with us at , on Facebook at and on Twitter @AbbottNews.

The base pay for this position is $71,300.00 – $142,700.00. 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

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Job Posting: JC241275536

Posted On: Jun 02, 2023

Updated On: Jul 07, 2023

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