Principal Financial Analyst

The Principal Financial Analyst supports Abbott Laboratories’ Heart Failure business unit from the Pleasanton, California campus, focusing on financial planning, analysis, reporting, and month-end close activities, including long-range business planning forecasting.

Responsibilities

• Lead financial planning and analysis for the Heart Failure unit, covering budgeting and forecasting, profit and loss, market modeling, sales analysis, business development, gross margin, capital, currency effects, price and volume variance, headcount, and other aspects of the HF P&L.
• Execute month-end close with detailed variance analysis against LBE, working collaboratively with Geo FP&A teams.
• Develop flexible tools and templates to facilitate consolidation and timely completion of corporate schedules, and design system solutions and process improvements to meet FP&A and reporting needs.
• Maintain an efficient planning process for the division and supported functional areas, coordinating a planning calendar with key dates and deliverables.
• Collaborate with key geographies to consolidate month-end, LBE, Plan analysis, and commentary for the respective financial cycle.
• Prepare consolidated reporting, presentations, and analyses for quarterly LBE cycles.
• Contribute to ad hoc analyses and reporting as required by finance management.
• Provide routine management reports leveraging expertise in finance systems and knowledge of the HF business.

Requirements

• Bachelor’s degree in Finance, Accounting, Business Administration or a related field.
• Five to eight years of related experience.
• Experience with EssBase (Dodeca) and Hyperion.
• Solid understanding of the principles, processes, and standards for comprehensive financial analysis and reporting.
• Proficiency with MS Office, particularly Excel and PowerPoint, and strong familiarity with relevant financial systems applications.
• Ability to operate effectively in a highly matrixed and geographically diverse business environment.
• Capable of functioning both as a team member and as an individual contributor in a fast-paced, evolving setting.
• Skill in leveraging and coordinating with others to complete projects.
• Strong verbal and written communication abilities, with the capacity to convey information at multiple levels of the organization.

Technologies

• EssBase (Dodeca)
• Hyperion
• MS Office Suite: Excel and PowerPoint
• Power BI
• Pillar budgeting software

Benefits

• Opportunities for career development within an international company, with potential for career progression.
• Eligibility for a free medical option under the Health Investment Plan PPO in the next calendar year.
• Robust retirement savings plan with a significant employer contribution.
• Tuition reimbursement programs, the Freedom 2 Save student debt program, and the FreeU education benefit to facilitate degree attainment.
• Recognition as a great place to work in numerous countries, and inclusion in Fortune's most admired companies list.
• Acknowledgement as one of the best large employers for diversity, working mothers, female executives, and scientists.

Compensation

Annual salary range: USD 100,000 to 200,000.

The Opportunity

The role is based in the Pleasanton, California office within Abbott’s Heart Failure division. Abbott seeks to advance the treatment of heart and vascular disease through innovative medical technologies in heart failure, enabling patients to restore health and resume their lives.