Senior Financial Analyst – Cost Accounting (Operations)

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:

Job Title

Senior Financial Analyst – Cost Accounting (Operations)

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

This position works out of our Plano TX location in the Neuromodulation division.  Our Neuromodulation business includes implantable devices compatible with mobile technology to help people who suffer from chronic pain and movement disorders. These non-opioid therapies allow us to provide interventional pain therapy to patients throughout the pain continuum.

We’re seeking an experienced, high caliber Senior Financial Analyst to support our Neuromodulation Operations organization. This role is responsible for owning cost accounting, manufacturing finance, and financial reporting, and plays a critical part in ensuring accurate cost visibility and operational performance insight.

The role provides high visibility into manufacturing operations and direct exposure to cross-functional leadership, while leading key processes within month-end close, forecasting cycles, and management reporting. The individual will develop a deep understanding of manufacturing activity and cost drivers, and deliver clear, actionable insights to support operational and financial decision-making, with regular interaction with leadership through reporting and presentations.

What You'll Work On

• Own cost accounting activities, including standard costing, inventory valuation, and cost of goods sold
• Analyze and explain manufacturing variances (PPV, labor, overhead, yield, absorption) and operational drivers to drive cost transparency and improve operational performance
• Partner with Operations, Supply Chain, and site leadership to monitor and improve cost performance
• Support month-end close activities, including journal entries, accruals, and variance analysis
• Forecasting and planning cycles (LBE) with a focus on cost and operational assumptions
• Prepare consolidated reporting, dashboards, and presentations for leadership
• Provide insights and analysis to support business and operational decisions
• Build financial models to support cost improvements, productivity initiatives, and capital investments
• Work with business partners to develop clear financial commentary tied to operational results
• Ensure compliance with financial controls, inventory processes, and company policies
• Maintain effective collaboration with cross-functional teams in a matrixed environment
• Perform other related duties and responsibilities, as assigned

Required Qualifications

• Bachelor’s degree in finance, Accounting, Business Administration, or related field or demonstrated equivalent experience in cost accounting or manufacturing finance
• 4+ years of experience in cost accounting and/or manufacturing finance (required)
• Strong understanding of standard costing, inventory, and operational finance concepts
• Experience with financial close, variance analysis, forecasting, and financial modeling
• Proficiency with MS Office Suite (Excel, PowerPoint) and financial systems
• Experience working in a matrixed and cross-functional environment
• Strong verbal and written communication skills, with the ability to effectively communicate at multiple levels of the organization
• Ability to analyze complex data and translate insights into actionable recommendations
• Strong organizational skills, attention to detail, and ability to manage multiple priorities

Preferred Qualifications

• Experience partnering directly with manufacturing and plant operations teams
• Experience with ERP systems (e.g., SAP) supporting cost accounting and inventory
• Demonstrated ability to influence operational decisions through financial insight

Key Characteristics

• Strong cost accounting foundation with hands-on operational exposure
• Ability to connect financial results to plant-level performance and cost drivers
• Proactive, detail-oriented, and results-driven
• Comfortable operating in a fast-paced, deadline-driven environment
• Effective business partner who can both support and challenge stakeholders
• Collaborative team player with a willingness to support shared goals and contribute to team success

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:  www.abbottbenefits.com

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.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott, and on Twitter @AbbottNews.

     

The base pay for this position is

$78,000.00 – $156,000.00

In specific locations, the pay range may vary from the range posted.

     

JOB FAMILY:

Financial Planning and Analysis

     

DIVISION:

NM Neuromodulation

        

LOCATION:

United States > Texas > Plano : 6901 Preston Road

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:

Standard

     

TRAVEL:

Not specified

     

MEDICAL SURVEILLANCE:

Not Applicable

     

SIGNIFICANT WORK ACTIVITIES:

Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Continuous standing for prolonged periods (more than 2 consecutive hours in an 8 hour day), Continuous walking for prolonged periods (more than 2 hours at a time in an 8 hour day)

     

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

     

EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf

     

EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf