ABBOTT LABORATORIES Financial Analyst-Abbott Rapid Diagnostics Salary in the United States

How much does a Financial Analyst-Abbott Rapid Diagnostics make at companies like ABBOTT LABORATORIES in the United States? The average salary for Financial Analyst-Abbott Rapid Diagnostics at companies like ABBOTT LABORATORIES in the United States is $85,816 as of May 28, 2024, but the range typically falls between $76,745 and $94,887. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities

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What does a Financial Analyst-Abbott Rapid Diagnostics do at companies like 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 103,000 colleagues serve people in more than 160 countries.

Position Title: Financial Analyst

Location: Lake Forest, IL

DO WORK THAT MATTERS

At Abbott, diverse ideas, perspectives, and expertise allow us to create the life-changing solutions that help people live healthier lives. In 150 countries and with businesses spanning nutrition, diagnostics, medical devices, and branded generic pharmaceuticals, Abbott offers you enormous opportunities to explore your interests and help you achieve your career and personal goals.

We have an exciting opportunity for a Financial Analyst within our Abbott Rapid Diagnostics business located in Lake Forest, IL. The position provides financial/business planning, reporting and analysis support to the sales and marketing groups in the US Cardiometabolic Business Unit.   

  

RESPONSIBILITIES

  • Directly support the Regional Sales Directors to help assess sales performance /metrics
  • Establish, maintain, and control financial planning processes to deliver meaningful and comprehensive Plans and LBEs, assuring compliance with Division requirements.
  • Play a leadership role in identifying trends/risks/opportunities in sales and P&L forecasts.
  • Monitor the calculation of Gross to Net Sales for actuals and different planning scenarios.
  • Expense budgeting - develop expense budgets and track actuals performance vs plan/forecast
  • Sales forecasting/planning – assist in facilitating product level forecasts/plans and distributor trend / performance analysis
  • Preparation of Quarterly Business Review presentations.
  • Assist in the development, implementation and administration of business plans, marketing promotions, distributor pricing agreements and other contractual support
  • Provide margin analyses, price/volume analyses and insight into sales consumption and shipments.
  • Facilitate development and improvement of management reporting systems in order to manage, target and track the performance of the national sales team
  • Ad hoc financial analysis - development and reporting of key sales, financial and operating metrics which support strategy and business operations

BASIC QUALIFICATIONS

  • A strong business acumen is required with the ability to highlight key business trends
  • In-depth understanding of financial analysis techniques and the ability to work effectively across 
    multiple functions of the organization
  • Strong analytic skills, conceptual thinking, ability to analyze and problem solve with incomplete or ambiguous data
  • Ability to work independently with minimal supervision and use sound judgment 
  • Effective planning skills and very strong demonstrated analytical and problem-solving skills
  • Demonstrated ability to strengthen strategic knowledge of businesses and identify opportunities to leverage best practices and ensure decisions are based on overall effectiveness and utility
  • Develop and enhance processes and procedures to operate and effectively manage sales reporting 
  • Bachelor’s degree in Finance/Accounting
  • 2+ years of business analysis/FP&A experience
  • Strong communication skills - oral, written, and interpersonal
  • Ability to present financial data and concepts to management and non-financial personnel

PREFERRED QUALIFICATIONS

  • Sales finance and/or marketing finance experience recommended

About Abbott

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 103,000 colleagues serve people in more than 160 countries.

Connect with us at www.abbott.com , on LinkedIn at www.linkedin.com/company/abbott-/, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.

An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.

We provide reasonable accommodation to qualified individuals with disabilities. To request an accommodation, please send an email to myrecruiter@alere.com.

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Finanical Analyst

ESI Total Fuel Management - Ashburn, VA

$76,745 Low Average $85,816 High $94,887

Understand the total compensation opportunity for Financial Analyst-Abbott Rapid Diagnostics at companies like ABBOTT LABORATORIES, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$76,745
$94,887
$85,816
The chart shows total cash compensation for the ABBOTT LABORATORIES Financial Analyst-Abbott Rapid Diagnostics in the United States, which includes base, and annual incentives can vary anywhere from $76,745 to $94,887 with an average total cash compensation of $85,816. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
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