Sr. Financial Cost Analyst

Abbott · Silicon Valley CA

Company

Abbott

Location

Silicon Valley CA

Type

Full Time

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 113,000 colleagues serve people in more than 160 countries.

JOB DESCRIPTION:

About Abbott

Abbott is a global healthcare leader, creating breakthrough science to improve people's health. We're always looking towards the future, anticipating changes in medical science and technology.

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and 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!
  • Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
  • An excellent retirement savings plan with 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 around the world 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 a best place to work for diversity, working mothers, female executives, and scientists.

The position of Senior Cost Analyst within our Cardiometabolic business unit located in Carlsbad and San Diego, CA.

The Opportunity

This position is responsible for the month-end closing and financial reporting, FP&A and the budgeting and forecasting process, implementing and tracking of company policies and controls in financial functions, and other administrative services for the manufacturing and inventory of Reagents, LDx and Afinion Instruments. Direct responsibility over complex accounting, forecasting, and reconciliations for sites.

What You'll Work On

Support all month-end closing and financial reporting processes with regard to inventory. Ensure accuracy and appropriateness of general ledger transactions - analysis of accounting treatment, GL posting, account reconciliation, reporting, internal controls, etc.

  • Support all FP&A processes. Lead quarterly LBE process, annual Plan process, and annual Standards setting process. Complete monthly variance analysis.
  • Ensure timely closure of the monthly accounting process including preparation and input of journal entries, analysis and reconciliation of G/L accounts, and maintenance of computerized accounting system.
  • Prepare financial statements and other financial reports as needed in accordance with GAAP and Corporate.
  • Assist in the audit and corporate financial statement as required by corporate management, and in compliance with regulations.
  • Provide information, reports and presentations as requested by Plant Controller, Finance Director, Site Director, and other leadership. Provide monthly financial reports to internal department heads.
  • Responsible for exhibiting professional behavior with both internal/external business associates that reflects positively on the company and is consistent with the company's policies and practices; build productive internal/external working relationships.
  • Carries out duties in compliance with established business policies.
  • Operates with a significant amount of autonomy, works independently, and proactively navigates the BU network to accomplish goals/tasks
  • Other duties as assigned, according to the changing needs of the business.
  • This is a hybrid scheduled role with 3-4 days a week in the Carlsbad/San Diego Offices and other days working remote.

Required Qualifications

  • Bachelor's Degree (± 16 years) Preferably in finance or accounting
  • 5 year or more years of experience in general accounting and/or FP&A
  • Complex understanding and creative experience using various reporting tools including MS office suite
Preferred Qualifications

  • An equivalent combination of education and work experience
  • Master's Degree
  • CPA desired
  • 2 or more years of Cost Accounting / Inventory experience
  • Understanding the functionality of JD Edwards ERP system, preferred
  • Demonstrate problem-solving and troubleshooting skills

* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.

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, committed to employee diversity.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.

The salary for this role is between:

$79,700 - $159,500

JOB FAMILY:

Financial Planning and Analysis

DIVISION:

ARDx Abbott Rapid Diagnostics

LOCATION:

United States > Carlsbad : IBIS BioSciences

ADDITIONAL LOCATIONS:

WORK SHIFT:

Standard

TRAVEL:

Yes, 5 % of the Time

MEDICAL SURVEILLANCE:

No

SIGNIFICANT WORK ACTIVITIES:

Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf

EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf

Date Posted

12/23/2022

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