Associate FP&A Analyst - Abbott Park, IL
Abbott
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 114,000 colleagues serve people in more than 160 countries.
**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’ll also have access to:
+ Career development with an international company where you can grow the career you dream of .
+ An excellent retirement savings plan with high employer contribution
+ Tuition reimbursement, the Freedom 2 Save (https://www.abbott.com/corpnewsroom/strategy-and-strength/tackling-student-debt-for-our-employees.html) student debt program and FreeU (https://www.abbott.com/corpnewsroom/strategy-and-strength/college-degree-for-free-its-possible-with-freeu.html) 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 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 works out of our **Abbott Park, IL** location in the **Nutrition Division** .
As a part of the Global Supply Chain Finance organization, this role provides global market analysis and negotiation support to Abbott Agriculture and Nutrition Purchasing Category spend. This position must stay well-versed on macro + micro economic trends and their impact on material costs. The position will have the authority to update systems, assemble detailed spend analyses from various global locations, update Sr. level financial personnel, issue reports (up to CFO), and modify long range project plans based on various analyses and research.
**Accountability and Scope**
+ This position is an individual contributor reporting to the Director, Commodity Risk Management.
+ Position participates / presents market positions and/or price models, in key supplier negotiations. The position will routinely work with divisional finance (up to and including division controllers) as well as interact with Director levels on a routine basis.
+ Communications and reports will be intended for Sr. Level Management including DVPs, and CFO.
+ Externally, the position will interface with various sources for market data, benchmarking and validation.
**What You’ll Work On**
+ Conduct detailed spend analysis on key categories of spend regionally.
+ Conduct comprehensive market research on particular commodity markets,
+ Establishing critical financial targets for commodity pricing + Purchase Price Variance (PPV) performance
+ Update Abbott systems to reflect appropriate variables for financial cycles
+ Be the resident expert on all electronic system applications such as Essbase and Qlikview
**Required Qualifications**
+ BA / BS required in economics, finance, mathematics or business.
+ This position should have a minimum of 2 years in Finance or Purchasing / Sourcing related experience.
Apply Now (https://www.jobs.abbott/us/en)
* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.
**Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:** www.abbottbenefits.com (http://www.abbottbenefits.com/pages/candidate.aspx)
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 and @AbbottGlobal
The base pay for this position is $60,000.00 – $120,000.00. In specific locations, the pay range may vary from the range posted.
An Equal Opportunity Employer
Abbot welcomes and encourages diversity in our workforce.
We provide reasonable accommodation to qualified individuals with disabilities.
To request accommodation, please call 224-667-4913 or email corpjat@abbott.com
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