Financial Analyst Job at Abbott Laboratories – 4.0 in Plymouth, MN

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 109,000 colleagues serve people in more than 160 countries.

Financial Analyst – Plymouth, MN


Leading an active lifestyle is important to the many people we serve. In Abbott’s ELECTROPHYSIOLOGY & HEART FAILURE division, we’re advancing the treatment of heart and vascular disease through breakthrough medical technologies in EP/HF, allowing people to restore their health and get on with their lives.


We are recruiting for a Financial Analyst to join our team in the Plymouth, MN location. In this role, you will be responsible for supporting our EP Supply Chain and Facilities organizations. You will assist in the reporting and forecasting of the purchase price variance, tariffs, and duties for five EP manufacturing sites. You will also be supporting the EP Supply Chain and Facilities Leadership team by providing month-end reporting and analysis, updates for each budget cycle, and any ad hoc analysis requested from leadership. You will have an intimate understanding of the activity and be able to speak knowledgably when answering questions from the EP Supply Chains Director. In addition to the operations results, you will also assist in the reporting and analytical analysis for the EP Division Margin Improvement (DMI), preparing financial presentation content for executive meetings, participate in various projects or tasks, assist with monthly financial closing activities, as well as preparing financial models, and presentations supporting the quarterly LBE (latest best estimate) forecasting cycles.

Primary Responsibilities:
Budgeting and forecasting, preparing financial models, Purchase Price Variance, Taxes/Duties, Division Margin Improvement.

Participates in ad hoc analysis and reporting as required by finance management

Provides routine reports to leadership

Partners with supply chain to consolidate month-end analysis and commentary related to the PPV for financial close cycle

Executes annual goals and objectives as defined by the Finance team

Prepares consolidated reporting, presentations, and analysis

Complies with regulatory requirements, company policies, operating procedures, processes, and task assignments

Maintains positive and cooperative communications and collaboration with all levels of employees and business customers

Performs other related duties and responsibilities, on occasion, as assigned



Bachelor’s Degree in Finance, Accounting, Business Administration or related discipline

3+ years of experience performing financial and variance analysis, forecasting, planning, and/or financial modeling

Proficient with MS Office Suite (Word, Excel and PowerPoint)

Demonstrated experience working with financial system applications

Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization.


Advanced level degree(s) in Finance, Accounting, Business Administration or related field

Medical device experience

Previous experience working in a highly matrixed and geographically diverse business environment

Working knowledge of Hyperion Essbase, Tableau, Dodeca, and/or SAP


At Abbott, you can have a good job that can grow into a great career. We offer:

Training and career development, with onboarding programs for new employees and tuition assistance

Financial security through competitive compensation, incentives and retirement plans

Health care and well-being programs including medical, dental, vision, wellness and occupational health programs

Paid time off

401(k) retirement savings with a generous company match

The stability of a company with a record of strong financial performance and history of being actively involved in local communities

Learn more about our benefits that add real value to your life to help you live fully: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. 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

About the Company

Company: Abbott Laboratories – 4.0

Company Location:  Plymouth, MN

Estimated Salary:

About Abbott Laboratories - 4.0