Financial Analyst (M/F/D)

About Abbott

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

In Germany, Abbott has more than 4,000 employees working in manufacturing, research and development, logistics, manufacturing, sales and marketing. They are located at Abbott`s German headquarters in Wiesbaden and its sites in Hanover, Neustadt am Rübenberge, Wetzlar, Eschborn, Cologne, Jena and Hamburg.

Working at Abbott

At Abbott, you can do work that matters and help people to live a healthier and full life, grow your career, and learn, be your true self. You will have access to:

• Career development with an international company
• An attractive benefit package (e.g. attractive Abbott Pension Plan, a company bike, employee stock purchase program)
• 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.
• A challenging position in a fast-growing crisis independent industry
• To become part of a dynamic, highly educated, highly skilled, and motivated team
• Flat hierarchies, open appreciative mentality, and efficient, constructive lines of communication
• Multi-national environment, where we foster the development of our talents within the enterprise

For Abbott Rapid Diagnostics GmbH in Cologne we are looking for a Financial Analyst (M/F/D)

What You’ll Do

This position reports into the Finance organisation of the Cardiometabolic Business Unit within the Rapid Diagnostics Division of Abbott. Reporting to the FP&A Controller for CM International, the position supports all aspects of financial planning and analysis and accounting related to the CM commercial operations in the DACH & Benelux region including analysis to support key growth and profitability programs. Financial planning activities include annual plan, regular LBE's, and capital planning. Accounting activities include the monthly close, variance analysis, internal management reporting, and monthly reporting of results versus benchmarks including prior year, Plan and LBEs. The position provides financial support to the Cardiometabolic Regional Commercial Director for DACH & Benelux.

Responsibilities and Duties

The Regional Finance Analyst will be responsible for:

Provision of full Finance/FP&A support to the DACH & Benelux Commercial region and leadership team in the region; The delivery of a wide range of daily/weekly/monthly/quarterly data analysis and reporting schedules/templates; developing centralised models to create actuals, forecast and plan analyses across P&L categories (including Revenue, COGS, Margin, and S,G&A expenditure) to support the Global (OUS) Cardiometabolic International business.

Encompassing the following:

• Owning the ongoing standard analysis on all levels of the P/L (revenue, margin and operating expenses) across the DACH & Benelux region. The predominant focus should be on forward-looking analysis and risks/opportunities.
• Development of full detailed P&L Rolling Latest Best Estimates (RLBEs) for the region in an accurate and timely manner for corporate analysis (Plan & Forecasts) including S&OP process integration
• Preparation of Regional Month End Operating Review driving insightful variance analysis of Revenues, Margins and Operating Expenditure.
• Complete full detailed monthly P&L performance variance analysis
• Complete daily / weekly revenue variance analysis, including analysing customer ordering patterns
• Develop models, scenarios and reporting requirements to support the Commercial Cardiometabolic business (including Demand Funnel, Customer and Product Profitability analytics, strategic business case models for ongoing Division Margin growth)
• Act as PowerOn Super User for CM International: scenario building across the region, and preparation for and completion of Plan/LBE loads with confirmation of accuracy and completeness.
• Support commercial organisation with detailed financial analysis to minimise risks and maximise opportunities
• Monitor & report on sales commissions / bonuses
• Ad hoc analysis
• Strong working relationship and partnering with the commercial lead and management team of the organisation as well as the European F,P&A team
• Strong working relationship with the Galway shared service team and cross functional teams

Required Skills and Qualifications

• Fluent in English
• Degree level and/or accountancy qualification
• At least 7 years working in Finance or similar environment in international organisation
• Sales finance and/or marketing finance experience strongly recommended
• Strong communication skills - oral, written, and interpersonal
• Ability to present financial data and concepts to management and non-financial personnel
• Advanced proficiency with financial systems and tools (PowerOn, PowerBI, Excel, PowerPoint, Word, SAP, Hyperion, Power BI, Salesforce.com, Qlikview, PowerBI Applications)

Key Competencies

• Strong focus on accuracy and attention to detail
• Strong written and verbal communication skills are essential.
• Comfortable working as part of a team or on own initiative
• Ability to understand and summarise financial data into high quality, accurate and usable summaries.
• Ability to work with cross functional teams and drive projects across functions is essential.
• Must be able to successfully perform multiple tasks with strict deadlines, organize work effectively, reprioritize as new demands arise, and maintain strict confidentiality
• Ability to work with a team in a matrix environment
• Ability to work with the commercial business units in different time zones.
• The ability to achieve tight deadlines in a fast-moving environment
• Excellent MS Excel skills

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

For Early Career Positions add: #earlycareers

We ask for your understanding that we only consider online applications via our online application portal. Applications by email or post cannot be processed. Original documents will not be returned. 

Connect with us at www.abbott.com, on LinkedIn at https://www.linkedin.com/company/abbott-/, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.

For further information, and to apply, please visit our website via the “Apply” button below.