Financial Analyst-Abbott Rapid Diagnostics

Job description

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.

JOB DESCRIPTION:

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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