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Financial Analyst

Company: Abbott
Location: San Jose
Posted on: January 16, 2022

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 109,000 colleagues serve people in more than 160 countries.At Abbott, we believe people with Diabetes should have the freedom to enjoy active lives. That's why we're focused on helping people with diabetes manage their health more effectively and comfortably, 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. -What You'll DoSenior Financial Analyst: A Unique OpportunityAs a Financial Analyst, you will be an individual contributor overseeing R&D budgets performing journal entries, account reconciliations, forecasting, variance analysis and ad-hoc analytics as required by Management. They will play a critical role in monthly actuals and LBE forecasting processes interacting with both Finance Management as well as cross-functional stakeholders across the R&D organization. - This is an onsite role in Alameda, CA.PRIMARY FUNCTION:Responsible for financial planning, reporting and analysis.Prepares financial plans and forecasts based on performance expectations.Gathers and publishes financial information related to historical, current and future performance.Performs financial analysis utilizing appropriate financial concepts and techniques.Develop detailed financial forecasts incorporating historic, trended and current business information.Monitor functional and departmental spending versus budget by highlighting material variances using system generated detail and trend reports.Prepare journal entries and assist in month end close as needed to ensure proper accounting at the functional and departmental level.Prepare and distribute financial reports and packages by gathering and analyzing information related to current performance.Key focus on clinical trial tracking and financial performance. -Develop and utilize sound financial processes.Cultivates a wide range of internal networks and begins to develop an external network of resources to facilitate completion of tasks.May demonstrate basic project management skills by acting as a project lead on small, well defined projects.Influence exerted at peer level and occasionally at first levels of management.Plans, organizes, and prioritizes own daily work routine to meet established schedule.Exercise authority and judgment within defined limits to determine appropriate action.Failure to achieve results or erroneous decisions or recommendations may cause delays and may result in the allocation of additional resources.Works under general supervision.Receives limited supervision on standard issues, and detailed instructions on new assignments. Work is reviewed for soundness of judgment, overall adequacy and accuracy.Experience You'll BringRequiredBachelor's Degree (preferably in finance, accounting or economics)2-5 years financial analysis experience.Ability to plan, implement, and administer financial information and control systems.Knowledge of the principles, processes and standards for integrated financial analysis and reporting.Highly proficient in Excel.PreferredMaster's Degree / MBA preferredExperience with Essbase, Dodeca, SAP and Hyperion budgeting software a plusProficient in MS Office (Word, Excel, Outlook, Teams)Strong verbal and written communications with ability to effectively communicate at multiple levels in the organizationThis position may be hired at different levels depending on the experience of the candidate.What We OfferAt Abbott, you can have a good job that can grow into a great career. We offer: -Training and career development, with onboarding programs for new employees and tuition assistance - -Financial security through competitive compensation, incentives and retirement plans - -Health care and well-being programs including medical, dental, vision, wellness and occupational health programs -Paid time off401(k) retirement savings with a generous company match -The stability of a company with a record of strong financial performance and history of being actively involved in local communities -Learn more about our benefits that add real value to your life to help you live fully:--- Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity. -Connect with us at , on Facebook at and on Twitter @AbbottNews and @AbbottGlobal.Job SummaryJob number: 31010076Date posted : 2022-01-06Profession: FinanceEmployment type: Full time

Keywords: Abbott, San Jose , Financial Analyst, Professions , San Jose, California

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