Principal Financial Analyst at Abbott Laboratories

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 114,000 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 your 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 a 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 worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

The Principal Financial Analyst works onsite at our Santa Clara, CA location in the Abbott Structural Heart Division and reports to director of financial analysis. Abbott Structural Heart 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.

This individual contributor will manage financial planning and analysis activities to identify risks and opportunities and contribute to the achievement of the organization's short and long-term financial goals.
 
What You’ll Work On

• Support Product Development and strategic planning forecast of pipeline analysis
• Facilitate quarterly LBE process with the R&D groups
• Partner with cross-functional teams to evaluate new business opportunities and new products, by modeling alternative financial scenarios and conducting NPV/IRR and sensitivity analyses
• Design, develop, and publish financial dashboards to track program performance, productivity metrics and KPI’s
• Take leading role in headcount allocation process for Product Development, Quality, Ops, Regulatory organizations to support program costing
• Review monthly spending performance and month-end close results, analyze variances and provide variance explanations for reporting to R&D DVP and BU Controller
• Clearly identify annual strategic path to achieve divisional and operational financial goals
• Lead process improvement projects and develop solutions collaboratively with cross-functional teams 
• Responsible for compliance with all applicable Corporate and Divisional policies and procedures
• Employee management, coaching and development through financial education and training

 
Required Qualifications

• 8+ years of combined experience in financial planning and analysis and/or accounting.
• Four-year degree of equivalent experience in Finance or Accounting.
• Strong Excel and enterprise system skills

• Ability to work in a highly matrixed and geographically diverse business environment.

• Ability to lead teams, influence and engage others to accomplish projects in a fast-paced, changing environment.

• Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization.

Preferred Qualifications

• Master’s/MBA degree or CPA preferred.
• Power BI experience is a plus.

* 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

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.

The base pay for this position is $109,300.00 – $218,500.00. In specific locations, the pay range may vary from the range posted.