Financial Analyst - Core Dx Center of Excellence (CoE)

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.

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

This position works out of our Lake Forest, IL location in the Core Diagnostics Division . The Core Dx DHQ Center of Excellence is a best in class FP&A organization that drives standardization and efficiencies across Core Dx, provides insightful and value added analytics, and serves as a talent pipeline into the division. The Center of Excellence is responsible for the preparation and analytical review of cost center budgets and other standard financial reports, spanning across Commercial, DHQ, IT, Marketing, and R&D organizations for LBE’s and confirmations. Analytical review includes understanding of the key causals that drive change versus multiple benchmarks. On-going process initiatives are also required to improve and strengthen financial processes, procedures, and systems supporting these areas of responsibility.

What You’ll Work On

+ Assist with the preparation and consolidation of Total Core Dx Sales to DVP Controller, including weekly, monthly, and LBE reporting periods

+ Assist with the preparation and consolidation of Total Core Dx Gross Margin for Actuals and LBE

+ Prepare monthly reports for senior management

+ Support Global Commercial team, including sales reporting and monthly close

+ Assist with the consolidation and reconciliation of the Annual cost change process

+ Assist in identification and implementation of process improvements

+ Interaction with different levels of management, both finance and operational

+ Financial modeling with extensive use of Excel

+ Creation of SOPs (standard operating procedures) for repeatable tasks

+ Special Ad Hoc projects

Required Qualifications

+ Minimum of 2 years finance/accounting experience

+ Bachelor’s degree required

+ Strong analytical and problem solving skills

+ Ability to work independently and with senior management

+ Excellent oral and written communication skills

  • 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 $57,300.00 – $114,700.00. 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: JC251450744

Posted On: Nov 20, 2023

Updated On: Feb 09, 2024

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