Senior Financial Analyst

Senior Financial Analyst

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 114,000 colleagues serve people in more than 160 countries.

This position works out of our St. Paul, MN location in the Electrophysiology Medical Device division. In Abbotts Electrophysiology (EP) business, were advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives.

In this role, you will be providing cost planning, analysis, and reporting to leadership for assigned manufacturing entities, as well as making recommendations to reduce costs, scale for the future, and meet regulatory compliance.

What youll work on :

• Provides cost planning, analysis and reporting to management for assigned manufacturing site / s which likely includes : setting production cost standards for labor and material, maintaining and updating standard cost files, partnering with manufacturing entity managers to develop and track budgets, updating forecasts, providing variance analysis, providing product cost analysis, etc.
• Provides sophisticated reporting to management due to extensive knowledge of the finance systems and high familiarity with the business operations.
• Based on reporting and analysis, makes recommendations to finance management to save costs, scale for the future and maintain data accuracy. This may include recommendations relating to purchase price, scrap, inventory cycle counts, work order volume, etc.
• Serves as finance subject expert for assigned manufacturing entity / ies and leads special projects as assigned by finance management.
• Executes annual goals as assigned based on manufacturing site operating plans and finance department needs.
• Provides month end reporting to finance department leadership.
• Executes reporting based on pre-established schedules for quarterly corporate reporting, external audits and internal audits.
• Support all company initiatives as identified by management and in support of Quality Management Systems (QMS), Environmental Management Systems (EMS), and other regulatory requirements.
• Complies with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, company policies, operating procedures, processes, and task assignments.
• Maintains positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors.

Required qualifications :

Preferred qualifications :

The base pay for this position is $75,300.00 $150,700.00. In specific locations, the pay range may vary from the range posted.