ABBOTT LABORATORIES Financial Analyst II Salary in the United States

How much does a Financial Analyst II make at companies like ABBOTT LABORATORIES in the United States? The average salary for Financial Analyst II at companies like ABBOTT LABORATORIES in the United States is $83,020 as of March 26, 2024, but the range typically falls between $73,555 and $92,486. 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 Cities2

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What does a Financial Analyst II 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.

Summary:

Seeking an FP&A professional supporting Cardiac Rhythm Management Sylmar Operations. This position will be partnering with various levels of business teams to drive financial ownership, cost efficiency, and business excellence. Scope of responsibilities include financial planning, forecasting and reporting for manufacturing business, Standard Cost setting and analysis, and ad hoc analyses.

Key responsibilities:

  • Perform manufacturing cost rollup and analysis, including but not limited to:  standard cost setting for various medical devices include cost analysis of year-over-year variances, manufacturing OMC and P&L variance analysis for actual results vs. Plan and LBE (Latest Best Estimate) including PPV, volume, labor, distressed inventory, etc.).
  • Develop budgets and forecasts in support of annual Plan and quarterly LBE for Sylmar CRM Operations.  Perform variance analysis and identify key drivers in support of business performance improvement and strategic decision-making. Support reporting and commentary to Division for OMC /P&L and Headcount. Perform monthly accounting responsibilities for month-end close (e.g. JE preparation, P&L commentary, HC reporting).
  • Conduct regular financial reviews with business partners to communicate financial performance and key business issues and provide valuable insight to help business achieve financial goals.
  • Provide ad hoc analyses to support decision making and propose final recommendations to management and business leaders.

 

General Qualifications 

 

  • Bachelor’s Degree in Accounting or Finance or related field. 

  • A minimum of  2 or more years ofof progressively responsible experience in financial planning and analysis.  Experience in a medical device industry preferred. 

  • Skill set:
    • Self-motivated and proactive, setting high standards for success;
    • Strong analytical and critical thinking skills;
    • Accuracy and attention to detail;
    • Great communication skills and ability to articulate results based on audience;
    • Quick learner and adaptable to changes and new environment.
  • Technical proficiency:
    • Proficiency with Excel (e.g. Pivot table, common Excel functionalities), Word, and PowerPoint; strong experience with SAP ERP and Hyperion Planning/Essbase systems preferred.
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$73,555 Low Average $83,020 High $92,486

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

Average Total Cash Compensation

Includes base and annual incentives

$73,555
$92,486
$83,020
The chart shows total cash compensation for the ABBOTT LABORATORIES Financial Analyst II in the United States, which includes base, and annual incentives can vary anywhere from $73,555 to $92,486 with an average total cash compensation of $83,020. 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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