SR. Financial Analyst - Abbott Diabetes Care (Mississauga)

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.

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. You will have access to:

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

This position is based in Mississauga in Abbott’s Diabetes Care division where are focused on helping people with diabetes manage their health with life-changing products that provide accurate data to drive better informed decisions. We are revolutionizing the way people monitor their glucose levels with our new sensing technology.

What You’ll Do

• Prepare and submit accurate and timely management financial reports.
• Participate in the financial planning processes (Annual Plans/Budgets, Quarterly LBEs).
• Provide financial support to commercial teams.
• Support different projects and implementation.
• Perform month-end, quarter-end and year-end close

Key Responsibilities

• Budget and Forecasting:
  • Collaborate with department heads to gather necessary financial data and assumptions.
  • Develop detailed budget templates and guidance for departmental use.
  • Conduct thorough reviews of departmental budget submission for accuracy and completeness.
  • Provide variance analysis to identify significant deviations from the budget.
• Expense Management:
  • Review and approves invoices, purchase requisitions in ARIBA.
• Budget Tracking:
  • Track actuals against the budget and provide variance analysis using advance excel functions and pivot tables.

• Prepare monthly variance analysis reports and present findings to management.

• Collaboration:

• Work closely with other departments to gather financial information and ensure data integrity.
• Communicate financial results and insights to non-financial stakeholders using clear and concise language.

• Compliance and Risk Management:
  • Ensure compliance with internal controls and financial policies through regular audits.
  • Support internal and external audits by providing necessary documentation and explanations.

Required Qualifications

• Bachelor’s degree in accounting or finance is required.
• CPA an asset
• 5 to 8 years of progressive experience.
• Advanced knowledge of Excel (Pivot Tables, Vlookup, etc.) and financial applications i.e., Hyperion.
• Ability to work with minimum supervision.
• Demonstrates a sense of urgency and timelines.
• Strong interpersonal and communication skills to communicate effectively with all levels of management.
• Excellent communications skills, written and spoken.
• Receptive to change and a team player.
• Ability to prioritize and to meet strict deadline requirements.

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.

Abbott strives to promote and maintain an inclusive, high-performing culture that allows all employees to reach their full potential and contribute to Abbott’s success. Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.