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 (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 works out remote in our facilities located in Lake Forest IL, in the Diagnostics Division.
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.
What You’ll Work On
The Global Commercial Operations FP&A team is responsible for supporting the Abbott Diagnostics commercial organization for financial analysis, reporting, forecasting/budgeting, and additional ad hoc requests.
This position will develop a deep understanding of the commercial team’s role in driving profitability for Abbott’s global business. The individual will gain expertise in Abbott’s product offerings, local business dynamics, and business strategy, all while establishing efficient processes and tools to analyze and grow the business.
Key Responsibilities:
Support the Abbott Diagnostics Commercial organization through detailed financial analysis, business support, and ad hoc reporting. Some activities may include:
+ Monthly review and analysis of actual Balance Sheet results compared to benchmarks and metrics.
+ Managing Abbott Diagnostics commercial cash flow reporting and analysis, which has high visibility to Sr. Management.
+ Analyzing the balance sheet health for the Diagnostics division compared to multiple benchmarks and metrics.
+ Service Equipment Investment analysis and Sales, Utilization and Unit reconciliation.
+ Profit Center management including payroll, project expense tracking, monthly reporting, etc.
+ Prepare monthly reports for senior management.
+ Assist in identification and implementation of process improvements.
+ Preparation of LBE (latest best estimate) forecasts.
+ Exposure to international P&Ls/exchange rates.
+ Interaction with different levels of management, both finance and commercial.
+ Financial modeling with extensive use of Excel.
+ Special Ad Hoc projects.
Required Qualifications
+ Minimum of 4-6 years finance/accounting experience. Previous commercial / FP&A experience preferred.
+ Bachelor’s degree required.
+ Strong analytical and problem solving skills.
+ Experience with Balance Sheet or Cash Flow reporting preferred.
+ High proficiency in Microsoft office suite, primarily Microsoft Excel.
+ 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: 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 and @AbbottGlobal.
The base pay for this position is $83,000.00 – $166,000.00. 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 corpjat@abbott.com
