Similac 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 122000 colleagues serve people in more than 160 countries.

About Abbott

Abbott is a global healthcare leader creating breakthrough science to improve peoples health. Were always looking towards the future anticipating changes in medical science and technology.

Our nutrition business develops science-based nutrition products for people of all ages from helping babies and children grow to keeping adult bodies strong and active. Millions of people around the world count on our leading brands including Similac PediaSure Pedialyte Ensure and Glucerna to help get the nutrients they need to live their healthiest life.

Working at Abbott

At Abbott you can do work that matters grow and learn care for yourself and family be your true self and live a full life. Youll also have access to:

Career development with an international company where you can grow the career you dream of

Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year

An excellent retirement savings plan with high employer contribution

Tuition reimbursement the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelors degree

A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune

A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity working mothers female executives and scientists

The Opportunity

Responsible for supporting the financial planning reporting and analysis activities of the US Similac Nutrition business. This role will partner with the Similac finance team and cross-functional partners to develop key expense forecasts and budgets. This role will specifically oversee Similac Excess and Obsolete (E&O) and Advertising Promotion and Gratis (AP&G) investment (advertising promotion and gratis) including reserves management and month-end close responsibilities. The Financial Analyst delivers financial insights variance analysis and recommendations that enable sound business decisions and drive financial performance.

What Youll Work On

Manage Excess & Obsolete (E&O) reserve processes including analysis reporting forecasting and identification of financial risks and opportunities.

Lead month-end close activities for Similac AP&G including preparation of journal entries accruals account reconciliations and financial reporting.

Support the development of monthly forecasts annual budgets and long-range financial plans for AP&G E&O and OMC lines of P&L.

Perform detailed variance analysis of actual results versus forecast budget and prior year performance identifying key business drivers and trends.

Partner with cross-functional stakeholders to communicate financial results provide actionable insights and support informed business decision-making.

Prepare and distribute financial reports dashboards and management presentations that highlight performance risks and opportunities.

Ensure financial accuracy and compliance with company policies accounting standards and internal controls.

Identify and implement process improvements that enhance financial reporting forecast accuracy and overall business performance.

Collaborate with business partners to evaluate the financial impacts of strategic initiatives spending proposals and operational changes.

Support ad hoc financial analysis and special projects as needed.

Required Qualifications

Bachelors degree in finance Accounting Economics Business Administration or related field

1-3 years of experience in FP&A financial analysis accounting operational finance or a related finance function

Experience supporting budgeting forecasting financial reporting and business performance analysis

Strong PC/system skills:

Excel and PowerPoint expertise is a must. Expert Excel skills and experience a plus.

Advanced ability to develop Ad-Hoc reports using tools such as Cognos and Excel.

Preferred Qualifications

Analytically strong

Able to communicate responses in a clear and concise manner

Able to collaborate and compromise with multiple cross-functional partners and business stakeholders

Able to prioritize and operate with a sense of urgency when needed able to prioritize the needs of various customers (retail and BU partners ANPD leadership etc.)

The base pay for this position is

$61300.00 $122700.00

In specific locations the pay range may vary from the range posted.

Financial Planning and Analysis

ANPD Nutrition Products

United States > Columbus : RP02

Standard

Not specified

Not Applicable

Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day) 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: EEO is the Law link - Espanol: Experience:

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