Abbott Laboratories - Saint Paul, MN
posted 3 months ago
The Senior Financial Analyst position at Abbott is a pivotal role within the Structural Heart division, located in St. Paul, Minnesota. This role is designed to enhance financial ownership, cost efficiency, and process improvement across various levels of leadership. The successful candidate will be responsible for complex financial planning, forecasting, and reporting, ensuring that all financial activities are conducted accurately and in a timely manner. The position requires a deep understanding of financial analysis and the ability to provide insights that drive business decisions. In this role, you will develop detailed financial forecasts that incorporate historical data, trends, and current business information. You will monitor departmental spending against the budget, highlighting any significant variances through detailed reports. Additionally, you will prepare journal entries and assist in the month-end close process to ensure accurate accounting practices are followed. Your responsibilities will also include preparing and distributing financial reports, conducting financial analyses, and evaluating new business opportunities through modeling various financial scenarios. The Senior Financial Analyst will also be expected to establish sound financial processes and cultivate a network of support to facilitate the completion of assignments. This role may involve mentoring less experienced staff and leading project teams, as well as influencing middle management on technical or business solutions. You will work independently, exercising judgment in selecting innovative methods to resolve problems, and your work will be reviewed upon completion to ensure it meets the established objectives.