Senior Financial Analyst – Cost Accounting (Operations)

Abbott Laboratories is seeking a Senior Financial Analyst specializing in cost accounting to support its Neuromodulation Operations in Plano, Texas. In this role you will own standard costing, inventory valuation, and cost of goods sold, delivering clear cost visibility and performance insights to site leadership and cross-functional partners. The position offers a salary range of USD 78,000 to 156,000 per year and requires a bachelor’s degree with at least four years of relevant experience.

Responsibilities

• Own cost accounting activities including standard costing, inventory valuation, and cost of goods sold
• Analyze and explain manufacturing variances (PPV, labor, overhead, yield, absorption) and operational drivers to drive cost transparency and improve operational performance
• Partner with Operations, Supply Chain, and site leadership to monitor and improve cost performance
• Support month-end close activities, including journal entries, accruals, and variance analysis
• Forecasting and planning cycles (LBE) with a focus on cost and operational assumptions
• Prepare consolidated reporting, dashboards, and presentations for leadership
• Provide insights and analysis to support business and operational decisions
• Build financial models to support cost improvements, productivity initiatives, and capital investments
• Work with business partners to develop clear financial commentary tied to operational results
• Ensure compliance with financial controls, inventory processes, and company policies
• Maintain effective collaboration with cross-functional teams in a matrixed environment
• Perform other related duties and responsibilities, as assigned

Requirements

• Bachelor’s degree in finance, accounting, business administration, or related field or demonstrated equivalent experience in cost accounting or manufacturing finance
• 4+ years of experience in cost accounting and/or manufacturing finance
• Strong understanding of standard costing, inventory, and operational finance concepts
• Experience with financial close, variance analysis, forecasting, and financial modeling
• Proficiency with MS Office Suite (Excel, PowerPoint) and financial systems
• Experience working in a matrixed and cross-functional environment
• Strong verbal and written communication skills, with the ability to communicate at multiple levels of the organization
• Ability to analyze complex data and translate insights into actionable recommendations
• Strong organizational skills, attention to detail, and ability to manage multiple priorities

Technologies

• MS Office Suite (Excel, PowerPoint)
• SAP

Benefits

• 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
• 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 is based in Plano, TX within Abbott’s Neuromodulation division. The business includes implantable devices that are compatible with mobile technology to assist individuals with chronic pain and movement disorders. These non-opioid therapies enable interventional pain treatment across the pain spectrum.

Key Characteristics

• Strong cost accounting foundation with hands-on operational exposure
• Ability to connect financial results to plant-level performance and cost drivers
• Proactive, detail-oriented, and results-driven
• Comfortable operating in a fast-paced, deadline-driven environment
• Effective business partner who can both support and challenge stakeholders
• Collaborative team player with a willingness to support shared goals and contribute to team success