Abbott Sr. Financial Analyst in Irving, Texas
At Abbott, we're committed to helping you live your best possible life through the power of health. For more than 125 years, we've brought new products and technologies to the world -- in nutrition, diagnostics, medical devices and branded generic pharmaceuticals -- that create more possibilities for more people at all stages of life. Today, 94,000 of us are working to help people live not just longer, but better, in the more than 150 countries we serve. Please note that candidates need to be eligible to work in the U.S. without Abbott sponsorship.
Responsible for implementing and maintaining the effectiveness of the quality system. Serves as project lead for highly visible projects with significant business implications. Performs project management tasks. Understands interrelationships between functions and provides financial guidance for overall business decision making.
Executes and completes a wide range of financial services and deliverables.
Assesses reasonableness and relevance of financial assumptions.
Provides ad hoc analysis to support complex decision making.
Proposes final recommendations to client.
Recognizes the financial implications of all management decisions.
Initiates and implements process improvements across departments and work groups.
Develops and proposes solutions to ambiguous problems.
Excels in solving multifaceted problems.
Serves as project leader within the project or task force.
Is willing to make difficult and unpopular decisions.
Influences and provides guidance for decision making within the team, management, and functional groups.
Uses sound reasoning to effectively persuade.
Anticipates project issues; understands the implications and interrelationships of those issues to the client and other areas.
Maintains leadership role in face of conflicts or barriers. Interfaces, coordinates, and presents to all levels of management and across organizational teams.
Analyzes and Interprets Data; Recommends Options: Integrates multiple approaches to analyze data and procedures taking into account business considerations, develops recommendations and implements solutions.
Example: Provides short- and long-term cost projections for IPLS product strategy.
Develops Goals and Executes Plans: Establishes timelines to ensure key financial deadlines or project milestones are met on time and within budget.
Prioritizes and coordinates resources needed to accomplish objectives.
Establishes project performance standards and communicates expectations to group.
Example: Establishes and coordinates timeline for system integration project.
Ensures Quality of Work: Understands and identifies customer needs and requirements; works collaboratively to both educate and learn from customers; utilizes customer knowledge in resolving issues; recommends new approaches to meet customer needs.
Example: Meets with client area managers to review presentation of plan/update issues submitted.
In response to discussion with client area, makes presentation to extended staff on income statement and/or accrual guidelines.
Exchanges Information: Exchanges information with appropriate frequency and within a time frame to maximize its utility and promote cross-functional communication.
Example: Reviews yearly plan schedule with managers prior to initial meeting.
Makes Presentations: Defines purpose and objectives; organizes ideas, prepares A/V aids, keeps to time frame, and presents persuasively.
Example: Presents proposal justification on funding level for upcoming financial plan.
Actively Listens: Listens actively to acquire information; understands and respects the viewpoint of others.
Remains open to feedback and discussions.
Is approachable and builds personal rapport.
Example: Listens without interruption to avoid assuming knowledge of what the individual will say; asks clarifying questions in meetings.
Gives Constructive Feedback: Gives appropriate, helpful information, which is specific to the issue; uses examples; ties feedback to specific business issues.
Example: Reviews materials management forecast plan; provides ongoing feedback on justifications to ensure that project meets financial goals.
Resolves Conflicts: Faces conflicts and takes initiative to constructively resolve; involves others as needed.
Example: Discusses and resolves issues with individuals who are not meeting commitments/deliverables which were jointly agreed on.
Serves in Multiple Team Roles: Serves as leader, contributor, facilitator, consultant or technical expert, according to the needs of the team and task.
Example: Serves as team leader to implement new General Ledger System.
Shares Resources, Knowledge, and Accountability: Shares resources and knowledge; assures the team takes accountability; draws on strengths of each team member.
Example: Educates non-financial managers on yearly plan steps and assumptions.
Initiates Decisions: Makes timely and effective decisions; considers alternatives, uses sound judgment.
Example: Takes decisive action without having all available information; utilizes prior experience to assess risks and exposure.
Confronts Issues: Confronts issues in a constructive manner and at an appropriate organizational level; perseveres in the face of adversity.
Example: Raises probing questions in yearly plan reviews.
Influences/Negotiates: Defines the business needs of various parties and works out an agreement mutually acceptable to all parties; influences others to support a course of action.
Example: Convinces management to approve the electronic travel ticket purchase process by showing the logic and benefits of the proposal.
Motivates Others: Keeps morale high by encouraging others, giving positive feedback, and setting a good example; makes and meets commitments.
Example: Participates in identifying and rewarding coworkers.
Plans and Achieves Personal Development: Prepares a plan that sets appropriate development goals, establishes time lines to fulfill development needs; balances the time needed for accomplishing current work and achieving development goals.
Example: Prepares development plan and seeks approval to acquire new MRP principles (e.g., cost-accounting, forecasting knowledge) and demonstrates the ability to apply tools.
Receives/Gives Performance Feedback: Asks for and gives feedback on the strengths and development needs of self/others as applicable.
Example: Acts as a coach or mentor for FPDP employees; requests feedback after meeting an important milestone.
Identifies and Initiates Future Business Development Needs: Translates changes in business goals and objectives into the skills, knowledge, and experience needed for future work.
Example: Identifies personal career wants/needs and evaluates against the business needs.
Comprehends Operational Strategy: Understands financial implications of strategies; uses detail to support managers making strategic decisions.
Provides financial perspective to non-financial managers relative to the implications of various strategies.
Example: Summarizes key issues involved with new instrument pre-production units; makes recommendations on accounting procedures to be followed.
Stimulates Creative Thinking in Others: Acts as a catalyst for change and stimulates others to change based on business needs.
Develops long-term solutions to today's problems.
Example: Challenges cost assumptions; sets realistic target costs on future products; gives careful attention to cost implications of decisions.
Operates independently in project management role with significant interface across functions, groups, or sites.
Balances demands of a variety of customers with potentially conflicting goals.
Proposes project team direction and establishes deliverables.
Identifies project funding, staffing, communication plan, GAP issues, and resolutions.
Accountable for meeting critical project deliverables.
Develops sound cost-control measures to meet desired results.
Knowledge of regulations and standards affecting IVDs and Biologics. Bachelor’s degree, preferably in accounting or finance, with six plus years’ experience OR Advanced degree with five or more years’ experience.
Financial Planning and Analysis
United States > Irving : LC-02
SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)
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
Abbott is about the power of health. For more than 125 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 150 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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