Senior Financial Analyst-Operations FP&A

Job description

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 115,000 colleagues serve people in more than 160 countries. JOB DESCRIPTION:Senior Financial Analyst-Operations FP&A Working at Abbott At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll 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 a high employer contribution Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree. A company recognized as a great place to work in dozens of countries worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists. The Opportunity Abbott Rapid Diagnostics is part of Abbott’s Diagnostics family of businesses, bringing together world‑class expertise and industry‑leading technologies to support diagnostic testing that delivers critical information for the treatment and management of diseases and other medical conditions. The Senior Financial Analyst – Operations FP&A serves as a key finance business partner supporting Workplace Services operations for Abbott's Toxicology laboratory operations in Lake Forest, Illinois. This role collaborates closely with operational leadership and cross-functional stakeholders to provide financial insights, analysis, and decision support that drive business performance and support strategic priorities. The Senior Financial Analyst is responsible for delivering accurate forecasting, budgeting, reporting, and performance analysis while helping leadership understand key business drivers, identify opportunities, and make informed resource allocation decisions. Through strong analytical capabilities and financial acumen, this position enables data-driven decision-making and supports the achievement of operational and financial objectives. Working closely with Workplace Services leadership, the Senior Financial Analyst helps improve financial visibility, evaluate operational performance, develop actionable recommendations, and support the execution of strategic initiatives. The role also plays an important part in advancing financial discipline, strengthening planning and forecasting processes, enhancing reporting capabilities, and driving continuous improvement across the organization. Through effective partnership, business insight, and operational support, the Senior Financial Analyst helps ensure alignment between business strategy and financial objectives while contributing to operational excellence, sustainable growth, and long-term organizational success. What You’ll Work On Serves as a finance business partner to Workplace Services operations leadership, providing financial analysis, insights, and support for operational and business objectives Supports the development, consolidation, and management of the annual operating plan, quarterly forecasts, long-range plans, and capital budgets across Workplace Services operations Leads assigned forecasting processes by partnering with business leaders to assess risks, opportunities, key assumptions, and expected business outcomes while providing recommendations to improve forecast accuracy and financial performance Prepares and analyzes monthly financial results, identifying trends, variances, risks, and opportunities relative to budget, forecast, and prior-year performance Develops and maintains financial models, forecasting tools, and planning assumptions to support business planning activities and improve forecast accuracy Produces recurring financial reports, dashboards, scorecards, management presentations, and monthly business review materials that communicate financial and operational performance, key business drivers, risks, and opportunities Supports consolidation and reporting of Workplace Services financial results, translating complex financial and operational data into actionable insights and recommendations for leadership Analyzes business performance, including labor productivity, resource utilization, operating expenses, service volumes, and other key operational metrics to identify opportunities for improvement Provides proactive financial decision support and recommendations through analysis of strategic initiatives, growth opportunities, operational investments, organizational changes, and business improvement programs Supports evaluation of capital investments, technology initiatives, automation projects, and process improvement opportunities through financial modeling and return-on-investment analysis Develops and monitors key financial and operational performance indicators, evaluates results against financial commitments, and partners with business leaders to identify corrective actions when performance gaps are identified Partners with operational leaders and cross-functional teams to evaluate and support productivity initiatives, operational improvement programs, process modernization efforts, and resource optimization opportunities that enhance business performance and scalability Drives continuous improvement in forecasting, reporting, analytics, and financial processes through automation, standardization, and enhanced utilization of business intelligence tools Supports month-end and quarter-end close activities and assists with timely communication of financial results to stakeholders Ensures compliance with corporate policies, internal controls, and financial reporting requirements Performs ad hoc financial analyses and special projects to support leadership decision-making and strategic priorities Required Qualifications Bachelor's degree in Accounting, Finance, Economics, Business Administration, or related field 4 years of finance, FP&A, accounting, business analysis, or operational finance experience Demonstrated experience in budgeting, forecasting, financial analysis, performance reporting, and business partnering Strong financial modeling and analytical skills with the ability to translate complex data into meaningful business insights Demonstrated ability to communicate financial information effectively to both finance and non-finance stakeholders Willingness to travel periodically, as required PREFERRED QUALIFICATIONS: CPA, CMA, MBA, or other relevant professional certification preferred. Experience supporting operational leaders and partnering with business stakeholders to influence decision-making Advanced knowledge of FP&A, budgeting, forecasting, financial modeling, variance analysis, and performance management Proven ability to develop data-driven insights using advanced analytics, visualization tools, and automation solutions to improve forecasting accuracy and business performance Experience preparing management reporting, presentations, and management communications Advanced proficiency in Microsoft Excel, Power BI, PowerPoint, and enterprise financial planning systems Experience utilizing enterprise planning and reporting platforms to support planning, forecasting, reporting, and performance management Experience leading or supporting process improvement initiatives that enhance efficiency, effectiveness, and scalability Strong understanding of financial statements and operational performance drivers and key business metrics COMPETENCIES: Strategic Business Partnership: Ability to d