Senior Financial Analyst

Alameda, CA, United States

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 115,000 colleagues serve people in more than 160 countries. JOB DESCRIPTION: About Lingo

Meet Lingo, a new biosensing technology that provides users a window into their body. Lingo tracks key biomarkers - such as glucose, ketones, and lactate - to help people make better decisions about their health and nutrition. Biowearable technology will digitize, decentralize and democratize healthcare, enabling consumers to take control of their own health.

A New Category of Consumer Biowearables: Meet Lingo - YouTube

Abbott and Chairman and Chief Executive Officer Robert B. Ford made CES history, presenting a keynote entitled "Human-Powered Health: Unlocking the Possibility of You" at the most influential tech event in the world. Abbott was the first healthcare company ever to do so. "Technology gives us the power to digitize, decentralize and democratize healthcare, create a shared language between you and your doctor - and put more control of your health in your hands," Mr. Ford said. "We're creating a future that will bring you and your loved ones care that's more personal and precise. It's happening right now. And its potential is no less than incredible."

Lingo extends the Abbott sensing technology platform that Abbott pioneered in 2014 for people with diabetes, allowing people to continuously monitor their glucose levels with a small sensor on the back of the upper arm. Actress and comedian Sherri Shepherd shared live on the CES stage how FreeStyle Libre 2 changed her life, giving her glucose readings, right on her smartphone, unique to her body so she can make healthier decisions.

Personalized healthcare is the future. Working on Lingo, you will help build a next-generation technology that enables individuals to make decisions about how to improve energy, lose weight or enhance athletic performance. The Lingo team embodies a start-up culture and mindset with the backing of Abbott, a company with a rich history of healthcare innovation. Join us and grow your career as you help Abbott shape the future of healthcare.

The Opportunity

This Sr. Financial Analyst position works onsite in our Alameda, CA location for Lingo.

We are looking for a high performing and high potential Senior Financial Analyst to be part of our Lingo Finance team. This high visibility, high impact role , will be responsible for supporting the Lingo controller and EMEA Controller with the Financial analytics and consolidation of ADC/Lingo reports to Medical Devices. This position will also provide financial analysis and support to operating managers on strategic planning, budgeting and operations planning, performance monitoring and provide commentary on variance/flux analysis that are reviewed by executive management. Assist in financial evaluation of future business opportunities. Perform ROI and payback analysis on new products and major capital expenditures.  Analyze the balance sheet and cash conversion cycle and explain the trend drivers. This is an onsite opportunity in Alameda, CA.

What You'll Do

Supports Finance Management on key projects and analyses.

Work in a matrix organization supporting Lingo and ADC Division HQ Finance team.

Integral player in development of annual plans and periodic updates as needed.

Interfaces with Senior Management and Department Managers and key stakeholders to gain understanding of key revenue and cost drivers.

Responsible for Balance Sheet and Cash Flow analysis to ensure reserves are adequate and forecasts represent the operating plan.

Analyze the cash conversion cycle with DSO, DOH and DPO trends and driving factors.

Prepares key management reports emphasizing historical results, budgets, forecasts, and trends, which are presented to Senior Divisional leaders

Performs actual to budget variance analysis while highlighting risks & opportunities to plan.

Will be expected to create and present slides summarizing key business activities that support the financial submissions from the finance teams, which will be reviewed by senior leadership

Performs cost benefit justifications on major investments in new product development, programs and or capital expenditures.

Performs monthly management reporting including budgetary performance and/or daily/monthly sales reporting as applicable.

Performs financial analysis on new business opportunities (ROI analysis).

Analyzes functional P&L margin drivers.

Completes ad hoc financial requests as needed

Accountability/Scope/Budget from Legacy System

Operate with limited supervision on projects with significant cross functional and cross divisional teams.

Balance demands of a variety of customers with potentially conflicting goals.

Meet deadlines with minimal supervision and balance workload requirements.

Accountable for meeting critical project deliverables.

Experience You'll Bring

Required

Bachelor’s Degree - preferably in finance, accounting or economics

4 years financial analysis experience.

Highly proficient in Excel, modeling, and tech savvy.

Ability to plan, implement, and administer financial information and control systems.

Knowledge of the principles, processes and standards for integrated financial analysis and reporting.

Strong understanding of Balance Sheet, Investments and Cash flow Statements.

Preferred

Masters Degree - MBA or CPA preferred.

Proficient in accounting knowledge especially in regard to accruals accounting

Advanced skillset in Excel. Experience with SAP and Power BI a plus.

What we offer

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: http://www.abbottbenefits.com/pages/candidate.aspx

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.

The base pay for this position is

$82,100.00 – $164,100.00 In specific locations, the pay range may vary from the range posted.

JOB FAMILY: Financial Planning and Analysis DIVISION: LNGO Lingo LOCATION: United States > Alameda : 2901 Harbor Bay Parkway ADDITIONAL LOCATIONS: WORK SHIFT: Standard TRAVEL: Yes, 5 % of the Time MEDICAL SURVEILLANCE: Not Applicable SIGNIFICANT WORK ACTIVITIES: 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

About Us Abbott   is about the power of health. For more than 135 years, Abbott   has been helping people reach their potential — because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions — across the spectrum of health, around the world, for all stages of life. Whether it’s next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health.

The people of  Abbott   come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of life’s greatest health challenges.

We invite you to explore opportunities at  Abbott , to see if your talents and career aspirations may fit with our openings. An equal opportunity employer,  Abbott  welcomes and encourages diversity in our workforce.

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