Financial Analyst Sr

Abbott
Santa Clara, CA
Title: Financial Analyst Sr

Location: Santa Clara, California

Duration: 7 Month

Role Summary

The Abbott Vascular (AV) Global Development Finance Team supports the global $3 billion Vascular business. The group facilitates the division planning processes for all WW R&D and Global Marketing department budgets and issues quarterly financial guidance to prioritize portfolio spend. Global Development Finance leads product gross margin analysis, business performance metrics implementation and tracking, long range planning, and strategic business scenario analyses, as well as franchise and product P&L generation and reporting to enhance product line profitability. The team also supports AV’s product lifecycle management, strategic sales analyses, acquisition evaluations and integration of new businesses, and tracking of competitor financials. This is a highly diverse FP&A assignment with exposure to R&D functions as well as WW Sales analysis and reporting.

Responsibilities

Forecast and Planning

  • 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
  • Partner with program leaders and Product Development leaders to update forecast and identify savings opportunities and support ad hoc program allocated HC and cost analysis to optimize portfolio investment
  • Prepare accrual journal entries and assist in month end close as needed to ensure proper accounting at the functional and departmental level. Ensure compliance with applicable Corporate and Divisional Policies and procedures. Estimate monthly actual and analyze drivers of variance vs forecast, and drive high level forecast accuracy
  • Manage capital forecast, request approval and support fix asset closure and write off
  • Prepare quarterly forecast package and support ad hoc analysis

NPI NPV/IRR analysis

  • Perform financial analysis, as directed by management, and recommend alternatives courses of action by utilizing appropriate financial tools. (e.g. NPV, IRR analysis).
  • Partner with business to evaluate new business opportunities, new products, product life cycle management, business profitability, new product margin planning and spending initiatives by modeling alternative financial scenarios (e.g. revenues, profitability etc.).
  • Prepare sensitivity analysis impact on revenue, expenses, and profitability by modeling changes in key variables (recommending appropriate course of action).
  • Work cross-functionally with sales, Ops, marketing, and geography Finance to develop analytical models to support division’s annual long-range planning (OEM) regarding new portfolio pipeline and investment opportunity assessment and prioritization.

Management Reporting

  • Own consolidation of monthly TBH/TBR headcount reporting
  • Consolidate monthly capital reporting
  • Update total AV Global Development program allocated HC input and consolidation
  • templates and publish HC Power BI dashboards

Requirement

  • Minimum 7 years of working experience
  • Strong Excel and PowerPoint skills and financial modeling capability
  • Financial planning and analysis experience required
  • Own forecast and planning and support business partner independently
  • Good communication and problem-solving skill
  • “Can do” attitude / mindset and great team player
  • Ability to prioritize multiple tasks and meet deliverables deadline on time
  • Attention to detail and maintain high level of accuracy

Preferred

  • Experience with financial management systems such as Hyperion, Dodeca, or equivalent
  • ERP experience with SAP or similar systems
  • Experience creating reports and dashboards in PowerBI from multiple data source

Consultants Eligible Benefits Upon Waiting Period

  • Medical and Prescription Drug Plans
  • Dental Plan
  • Vision Plan
  • Health Savings Account (for High-Deductible Health Plans)
  • Flexible Spending Accounts (Health, Limited Purpose, Dependent Care, Commuter Parking and Commuter Transit)
  • Supplemental Life Insurance
  • Short Term Disability (coverage varies by state)
  • Long Term Disability
  • Critical Illness, Hospital coverage, Accident Insurance
  • MetLife Legal, MetLife ID Fraud, and MetLife Pet Insurance
  • 401(k)

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, nutritional and branded generic medicines.

Working together, Abbott and Talent Solutions partner to deliver top talent for contingent roles at Abbott, building better and healthier lives. Abbott believes all employees are essential to creating life-changing breakthroughs, performing key duties to create life-changing breakthroughs.
Posted 2025-09-10

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