Senior Financial Analyst

About This Role

The Senior Financial Analyst will provide comprehensive cost planning, analysis, and reporting to Westford site leadership within Abbott's Vascular division, focusing on R&D and manufacturing for Imaging and Physiology businesses. This role involves monitoring financial performance, preparing budgets, and making recommendations to optimize costs and scale operations.

Responsibilities

• Monitor the Financial & Operational performance for the Westford manufacturing location, comparing the Plan and LBE vs Actual results for different cost centers and GL accounts, analyze spending trends of different accounts, and suggest actions to optimize results.
• Partner with manufacturing, engineering and other support functions in the preparation of Annual Operation Plan and LBEs for the manufacturing site.
• Prepare various report submissions from Operations and verify accuracy and reasonableness and submit to the site Leadership Team and HQ Finance.
• Develop reports, dashboards, key performance indicators, etc as required, and act as the Subject Matter Expert related site financial performance.
• Manage Dodeca system data, including uploading and retrieving data in the system, and reconciling the Dodeca system data with other ERP system data to ensure data accuracy.
• Monitor, track and reconcile various balance sheet accounts, including Fixed Assets, Accruals, etc.
• Create reports / dashboard with financial information for the Operating teams considering business partner requirements.
• Create tools to monitor and track the COGS and analyze trends and comparisons vs other benchmarks.
• Act as finance leader and support cost reduction initiatives that will drive sustainable growth for the Westford site.
• Conduct and document complex financial analysis projects.
• Develop analysis of economic indicators in order to prepare forecasts and analyze the company's short-, medium-, and long-term position.
• Prepare in-depth evaluations of plans and identify new methods of analysis and presentation.

Requirements

• Minimum 4+ years progressive experience
• Ability to form partnerships with Div HQ, cross functional partners, and regional contacts
• Excellent interpersonal skills at all levels

Qualifications

• Associate's Degree (Bachelor's Degree Accounting, Finance or related preferred)
• Minimum 4+ years progressive experience

Nice to Have

• Bachelor's Degree in Accounting, Finance or related field
• Experience in a manufacturing environment
• Familiarity with Essbase, Dodeca, SAP, or HFM
• Ability to work effectively under uncertainties and flexibility to meet changing priorities in a proactive manner
• Strong results orientation and bias for action including a high degree of initiative and self-motivation in understanding business needs and leading others to meet those needs

Skills

* Required skills

Certifications