Financial Analyst (Medical Nutrition Division)

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.
• Competitive salaries, bonus potential and excellent package of benefits.
• 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

For our Abbott Nutrition Division ANI we are currently looking for a Financial Analyst to join our great team in Israel. The position will report to the Senior Finance Manager. This will be permanent job, based in our office in Tel-Aviv.

What You'll do:

• Coordinate performance planning and analysis including the submission of budget for sales, product costs and expenses.
• Coordinate the Plan, LBEs and 5-years Strategic planning process (LTP), participate in internal reviews, reviewing schedules for submission to headquarters, preparing necessary supplementary worksheets / information as required to support planning assumptions.
• Monitor and analyze expenses vs. budget by cost center and present relevant reports and analysis to brand managers and nutrition management.
• Create systemic reporting processes. 
• Responsible for submission and approval of P&L / Balance Sheet Reporting every month close.
• Ensure timely reporting and provide actual monthly financial data in compliance with Local law and Abbott standards.
• Customer pricing - ongoing communication with distributor on price changes/new prices. 
• Daily/monthly monitoring of customers price lists accuracy in distributor system (price control) including customers bonuses/price differences calculations.
• Monitor and manage credit (commitment) balances with distributor to ensure accurate financial reporting and compliance including the review and approval of credit requests.
• Monitor and maintain the affiliate’s internal control procedures to ensure that local business practices are in line with Abbott’s corporate and local policies and procedures.
• Give regular feedback to direct supervisor about actual status, make suggestions and take adequate actions to solve any issues or problems.
• Collaborating with the CFS team during the month-end closing process.

Required qualifications & background:

• Academic degree in Economics or Accounting.
• At least 3-4 years of experience in financial planning.
• Experience in multinational, corporate environment is preferred.
• Excellent analytics skills - delve into details without losing sight of the overall picture.
• Experience with ERP systems & Microsoft Office, strong proficiency in Excel and BI.
• Punctual, able to meet deadlines, and prioritize tasks effectively - strong time management.
• Fluent in English, both written and spoken - with the ability to prepare and present financial presentations in English.
• Team-player, with strong communication skills and agile personality.
• Highly detail-oriented.

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.

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