Principal Financial Analyst, Global Development Vascular R&D

Abbott Vascular provides innovative, minimally invasive, and cost-effective products for treatment of vascular disease. Our extensive portfolio includes vessel prep, drug-eluting stents, guide wires, balloon dilatation catheters, imaging catheters and software, vessel closure devices, peripheral stents and thrombectomy.

Our location in Santa Clara, CA or St. Paul, MN currently has an opportunity for a Principle Financial Analyst – Global Development Finance.  The position is responsible for the leadership and management of franchise R&D Financial Planning and Analysis function (FP&A), across the departments of Product Development, Analytical Chemistry, and pipeline analysis. Position requires interface with functional Directors, Managers, and other members of the leadership team as required to manage cost center spending budgets, headcount management, pipeline strategies, management reporting, and effective R&D productivity initiatives.

• Support Franchise Product Development and strategic planning forecast of pipeline analysis

• Facilitate Franchise quarterly LBE process with the R&D groups

• Provide allocated program HC and cost analysis to facilitate portfolio prioritization decision

• Own franchise cost center’s month end close to ensure compliance with applicable Corporate and Divisional Policies and procedures.

• Prepare monthly close package with spending performance including variances analysis and drivers

• Partner with cross-functional teams to evaluate new business opportunities and new products, by modeling alternative financial scenarios and conducting NPV/IRR and sensitivity analyses

• Take leading role in headcount allocation process for Product Development, Quality, Ops, Regulatory organizations to support program costing

• Own the franchise allocated HC roll forward of actual vs LBE year end budget HC.

• Design, develop, and publish financial dashboards to track program performance, productivity metrics and KPI’s

• Take initiative to identify non-routine process improvement opportunities and work with the team to execute improvement

• Participate in the development of less experienced staff by setting an example, providing guidance, and offering counsel. May lead a project team. Participates in determining goals and objectives for projects

• Experience with financial management systems such as Hyperion, Essabse /Dodeca, or equivalent

• ERP experience with SAP or similar systems

• Experience creating reports and dashboards in PowerBI from multiple data sources

• CPA and/or MBA a plus

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