Financial Analyst – Corporate FP&A

As a Financial Analyst – Corporate FP&A at Abbott, your key responsibilities include leading the consolidation of the monthly Operations package, providing meaningful insights into financial results to support our Corporate Controller, and acting as the primary contact for income statement requests. You'll collaborate closely with various operational divisions and support ad-hoc analysis and financial modeling projects that shape Abbott's business strategy.

To qualify for the Financial Analyst – Corporate FP&A position at Abbott, you should have a bachelor's degree in Finance or Accounting, alongside 2-5 years of relevant experience in financial analysis, forecasting, and financial modeling. Proficiency in MS Office, particularly Excel, along with strong organizational skills and attention to detail, are crucial to thrive in this fast-paced role.

At Abbott, Financial Analysts benefit from extensive career development opportunities, including access to tuition reimbursement programs, leadership training, and mentorship. Our commitment to internal mobility allows you to grow your career within our global network, helping you to achieve your professional aspirations while contributing meaningfully to our mission of improving healthcare outcomes.

Abbott understands the importance of work-life balance, especially for our Financial Analysts. We offer flexible work arrangements, a comprehensive health investment plan, and supportive programs, ensuring you can fulfill both your professional and personal commitments while enjoying the advantages of a meaningful career in healthcare.

A Financial Analyst at Abbott should be proficient in the MS Office Suite, particularly Excel for financial modeling and reporting tasks. Familiarity with financial planning applications such as Hyperion Financial Planning System (HFM) is also preferred, as these tools enhance our analytical capabilities and support complex financial evaluations.

In your response, emphasize your use of various forecasting models such as historical data analysis, trend analysis, and scenario modeling. Describe how you adapt your approach based on specific business requirements and ensure accuracy by reviewing assumptions and incorporating feedback from stakeholders.

Share an example demonstrating how your financial analysis led to actionable insights. Highlight your approach to analyzing data, communicating findings to stakeholders, and how those insights contributed to a key business decision, showcasing your impact as a Financial Analyst.

Explain your strategies for prioritizing tasks, maintaining organization, and effective communication with your team. Illustrate a specific experience where you successfully met a deadline without compromising quality, reinforcing your ability to perform under pressure.

Discuss your experience in creating and utilizing financial models, such as for budgeting, forecasting, or decision support. Be specific about the types of models you've built, the software used, and how they impacted financial planning at your previous organizations.

To answer this, outline your attention to detail and the steps you take to validate data integrity. Describe processes like cross-verifying figures, checking calculations, and peer reviews that you implement to enhance the accuracy of your financial analyses.

Discuss the importance of teamwork in the financial analysis process. Highlight your experiences working with cross-functional teams to gather data and insights, and how collaboration has helped in achieving more comprehensive and accurate financial reporting.

Describe variance analysis as a vital tool for identifying discrepancies between actual and budgeted figures. Explain how it helps in understanding performance drivers and guiding effective business decision-making, showcasing your understanding of its relevance in Corporate FP&A.

Outline your systematic approach to consolidating data, such as standardizing formats, using software tools, or cross-referencing reports to ensure consistency. Illustrate an example where your ability to integrate data improved reporting efficiency.

Highlight your ability to simplify complex financial data into clear visuals and narratives that are easy to understand. Provide an example where your presentation style led to better engagement and decision-making among non-financial stakeholders.

Discuss essential KPIs such as profitability ratios, liquidity metrics, and operational efficiency indicators. Explain how you monitor these KPIs to gauge financial health and support strategic business initiatives as a Financial Analyst.