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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.

Financial Analyst

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.

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

• 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

This position works out of our Altavista, VA location in the Abbott Nutrition division. Our Nutrition business develops science-based nutrition products for people of all ages, from helping babies and children grow to keeping adult bodies strong and active. Millions of people around the world count on our leading brands – including Similac®, PediaSure®, Pedialyte®, Ensure®, and Glucerna® – to help them get the nutrients they need to live their healthiest lives.

Altavista, Va., is one of Abbott’s largest nutrition manufacturing plants equipped with advanced technology to ensure efficient production. Working here will make you feel like you’re part of a family that works together to make a difference and help nourish millions of families around the world.

A Financial Analyst at the Altavista plant will be an individual contributor overseeing aspects of the Abbott Nutrition Altavista Plant financials, including performing journal entries, forecasting, variance analysis and ad-hoc analytics as required by Management. The Financial Analyst will play a critical role in monthly actuals and LBE forecasting processes interacting with both Finance Management as well as cross-functional stakeholders across the Altavista Plant and North American Manufacturing organization.

What You'll Work On

• Implement and maintain the effectiveness of the financial system & internal controls.

• Document fixed asset procedures; coordinate the plant fixed assets inventories and conduct internal/external audits.

• Responsible for financial planning, reporting, and analysis.

• Prepare 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.

• Gather and publishe financial information related to historical, current, and future performance.

• Perform financial analysis utilizing appropriate financial concepts and techniques.

• Recommend 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.

• Manage monthly close through journal entry, reconciliation, and report generation.

• Monitor spending and ensuring timely and accurate financial reporting, in accordance with divisional reporting requirements.

• Prepare and distribute financial reports and packages by gathering and analyzing information related to current performance.

• Develop and utilize sound financial processes.

• Assist management with special projects and ad-hoc analysis.

• Develop and maintain strong relationships at all levels of the organization to provide meaningful and timely insights and guidance.

• Plan, organize, and prioritize own daily work routine to meet established schedule.

• Exercise authority and judgment within defined limits to determine appropriate action.

• Receive limited supervision on standard issues, and detailed instructions on new assignments. Employee performance is reviewed for soundness of judgment, overall adequacy, and accuracy.

Required Qualifications

• Bachelor’s degree in a related field or an equivalent combination of education and work experience.

• 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.

Preferred Qualifications

• CPA or MBA.

• Experience in financial planning and analysis.

Apply Now

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 and a Military/Veteran friendly 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 $61,300.00 – $122,700.00. In specific locations, the pay range may vary from the range posted.