Abbott Financial Analyst in Moscow, Russia
The objective of the Financial analyst is to support Affiliate FP&A team and support functions with reliable financial support, aimed on maximization of NS and profit in long-term horizon and delivery of Affiliate financial goals.
Core Job Responsibilities:
Consolidate Affiliate P&L, BS and Cash flow (4 Business Units & Support functions) during all financial activities: monthly reporting, annual planning and LBE processes. Act as Business partner for Support functions at all internal review of their performance, annual planning and business cases approval; Ensure that Emerging Markets guidelines are met for Affiliate planning (consolidated budget, forecasts) and reporting processes Act as Single Point of Contact for Financial data submission (Plan, LBE, monthly forecast) into different corporate systems (Cognos, SAP, etc) Facilitate annual planning process for Affiliate for all P&L and CF lines (GS, NS, Gross Margin, A&P, SG&A, stocks, AR, AP) Participate in financial monthly closing process (local & corporate) Provide timely reporting of consolidated & BU P&L and CF (vs BGT, vs LY) Analyze variances vs BGT, vs LY for Total Affiliate and BU P&L & CF (volumes, price, mix, trade spend, advertising and promotions (A&P), sales and general administration (SG&A) costs, stocks, accounts receivable, accounts payable). Maintain and develop financial model (P&L, BS) in order to provide reliable forecast with needed level of details (consolidated, BU breakdown) Update financial forecast for P&L and CF of Affiliate for current financial year and 24 months rolling Receive, analyze and challenge P&L projections and assumptions for local projects Prepare Financial Reconciliation step within Sales&Operational planning process (S&OP): check reliability of assumptions behind forecasts, monitor full year performance vs Plans, raise “red flags” if any risks observed; facilitate gap closing (plan B) discussions. Monitor all Risks and Opportunities vs last forecast; assess their probability Check Budget availability and approve relevant departments expenses Propose, monitor and validate targets achievement for supporting functions Initiate gap closing exercise (or Plan B execution), if required for gap closing reasons Constantly train and educate key business stakeholders and other finance team members, driving higher level of corporate finance knowledge Keep the Affiliate FP&A team constantly informed of general status and issues Adhere to Abbott policies and procedures
Minimum Education and Experience:
University degree, finance or economics.
SAP, Fin consolidation systems (ex HFM) knowledge and extensive excel knowledge.
Organizational skills: Time management, ability to handle large amount of data, learning agility, drive for change, dealing with ambiguity, business acumen
Technical Skills: Analytical thinking, attentiveness to details, process improvement/optimization mentality, efficient communication and presentation skills
An Equal Opportunity Employer
Abbot welcomes and encourages diversity in our workforce.
We provide reasonable accommodation to qualified individuals with disabilities.
To request accommodation, please call 224-667-4913 or email firstname.lastname@example.org