Financial Analyst - Columbus, OH Fully Onsite

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 your family, be your true self, and live a full life. You’ll also have access to:

• Production areas that are clean, well-lit and temperature-controlled
• 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, Medical Benefits start day 1
• Vacation – 120 hours of accrued vacation (1st yr is prorated) + vacation buy program + 5 personal days + 10 paid holidays
• Retiree Healthcare program
• Robust 401(k) retirement savings with a generous company match
• 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 stable company with a record of strong financial performance and history of being actively involved in local communities
• 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.

OVERVIEW OF FINANCIAL ANALYST

Candidate will be an individual contributor overseeing aspects of the Abbott Nutrition Columbus Plant financials, including forecasting, variance analysis, reporting business results, performing journal entries and ad-hoc analytics as required by Management. Candidate will play a critical role in monthly actuals, Annual Plan/Standard Cost Setting and Latest Best Estimate (LBE) forecasting processes interacting with both Finance Management as well as cross-functional stakeholders across the Columbus Plant and North American Manufacturing organization.

WHAT YOU’LL DO

• Responsible for financial planning, reporting and analysis.
• Prepares financial plans and forecasts based on performance expectations.
• Support the development of standard product costing, after proper verification of routings, bills of materials and components costs, including review for reasonableness. Prepare cost estimates as required.
• Gathers and publishes financial information related to historical, current, and future performance.
• Performs financial analysis utilizing appropriate financial concepts and techniques.
• Recommends alternative courses of action.
• 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.
• Prepare and distribute financial reports and packages by gathering and analyzing information related to current performance.
• Develop and utilize sound financial processes.
• 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.
• Exercises authority and judgment within defined limits to determine appropriate action.
• Receives limited supervision on standard issues, and detailed instructions on new assignments. Work is reviewed for soundness of judgment, overall adequacy and accuracy.

REQUIRED QUALIFICATIONS

• Bachelors Degree in Accounting, Finance or related field; or a Bachelor's degree in another field + extensive work experience in finance and accounting
• 2-3+ years of experience in financial planning and analysis.
• Individual must have excellent problem solving and analytical skills, as well as an ability to effectively manage workload to ensure deadlines are not missed
• The individual must be highly motivated and have a desire to innovate and create new ways of looking at things.
• Strong understanding of financial planning and analysis and accounting
• Highly proficient in Excel

PREFERRED QUALIFICATIONS

• Experience with Power BI and SAP
• CPA or MBA

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire. Pre-Employment Inquiries and Citizenship | U.S. Equal Employment Opportunity Commission (eeoc.gov)

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:

*Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.

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 and a Military/Veteran friendly Employer, committed to employee diversity.

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The base pay for this position is $61,300.00 – $122,700.00. In specific locations, the pay range may vary from the range posted.