ABBOTT LABORATORIES Financial Analyst, Financial Planning & Analysis - Abbott Nutrition- Abbott Park, IL Salary in the United States

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.

This position is for the Nutrition Division Headquarters of Abbott.

The Abbott Nutrition (AN) Headquarters FP&A Analyst will have key responsibilities supporting planning and reporting processes for Abbott’s $8Bn revenue nutrition division. This position is responsible for supporting the LBE/Planning process, and leading certain aspects of the process. The position will also identify/assess/implement process improvements, lead projects, assist with senior management highlights and Board of Director presentations as well as support an array of ad-hoc FP&A activities for Abbott Nutrition Senior Leadership.  Nutrition is an end-to-end international business with R&D, procurement, manufacturing, marketing and selling activities; thus, financial support centers around the income statement, balance sheet, cash flow and exchange rate analysis. Prior international experience is preferred. Some of the highlights of the position are: support to the Division Vice President and Controller, exposure to the exchange complexities with a large global business, opportunity to learn about the AN brands and customers and work with other AN Divisions and Corporate FP&A.

Major Responsibilities:

• Support and organized the LBE/Plan processes from a headquarters perspective: generate calendars, create financial templates, coordinate process with the Nutrition sub-divisions (Commercial, Manufacturing, R&D), consolidate financials, ensure timely and accurate submissions to Corporate
• Prepare and consolidate LBE Confirmations
• Support preparation of executive level presentations for internal and external reviews
• Prepare and analyze Cash Flow statement and other Balance Sheet forecast analysis
• Bring numbers to life to drive better understanding and decision making (cash flow, ROI, etc.)
• Actively support various ad-hoc financial requests – division, corporate, investor relations including Financial modeling with extensive use of Excel
• Support/perform timely and accurate actual reporting and variance analysis
• Working together with AN Divisions
• Ensuring accurate tie outs between the different reporting tools
• Prepare journal entries and assist in month end close as needed to ensure proper accounting at the functional and departmental level. Assuring accuracy of financial transactions and reporting
• Assist in identification and implementation of process improvements
• Participating in ad-hoc projects at management requests

Skills/Experience Requirements:

Minimum 2 years of combined Finance/Accounting experience is required. 

Strong analytical, problem solving, variance analysis skills and attention to detail

Ability to work independently and with senior management

Effective communication, soft skills and prioritization of assignments

Executive presentation experience desirable