JOB DESCRIPTION:
Primary Job Function: Financial Analyst – FP&A, Established Pharmaceutical Division (EPD), Abbott
The Financial Analyst plays a key role within the Financial Planning & Analysis (FP&A) function of Abbott’s Established Pharmaceutical Division (EPD), focusing on Operations and Quality Assurance (QA) activities. As a core member of the finance team, the analyst collaborates closely with the Financial Controller and cross-functional partners in Manufacturing and Quality.
This position leads the month-end closing process and contributes significantly to strategic planning cycles, including the annual Plan, rolling Best Estimate, and other forecasting activities. The objective is to deliver accurate and insightful financial overviews that support senior management in effective decision-making.
Additionally, the Financial Analyst provides financial support to technical teams, ensuring robust reporting and analysis of their activities. The role also involves developing and enhancing financial systems and reporting tools to support strategic initiatives and meet the evolving needs of a transforming organization.
Core Job Responsibilities:
Monthly Close Activities: Coordinate the month-end closing process across global sites, including accrual postings and timely communication with relevant stakeholders.
Data Oversight & Consolidation: Ensure accuracy of financial data reported from shared services, including operational costs from SAP and non-SAP entities. Manage data retrieval and uploads into Hyperion HFM and SAP Cloud Platform for monthly reporting, budgeting, and forecasting to support divisional performance tracking.
Planning & Reporting: Collaborate with finance leadership to develop planning schedules and produce key monthly management reports.
Financial Analysis & Decision Support: Deliver timely and accurate financial insights, focusing on variance analysis, trend identification, and key business drivers. Recommend corrective actions and proactively follow up to ensure alignment with performance targets.
Reporting Tools Development: Maintain and enhance Power BI and Qlik dashboards used for divisional reporting, planning, and forecasting cycles.
Resource Management Support: Assist the Financial Controller in managing resources through Planisware, in coordination with Global Product Support Managers and Technical Transfer Project Leads.
Position Accountability/Scope:
The Financial Analyst is responsible for delivering accurate financial planning, analysis, and reporting across Abbott’s global Established Pharmaceutical Division (EPD). The role supports strategic decision-making by leading month-end close activities, consolidating financial data, and managing planning cycles.
It involves close collaboration with finance and technical teams, development of reporting tools, and support for resource management. The analyst also acts as deputy to the Financial Controller when needed, ensuring continuity and alignment with divisional objectives.
Minimum Education:
Bachelor’s degree in Finance, Accounting, Economics, or a related field; Master’s degree or professional certification (e.g., CPA, CMA, ACCA) is a plus.
Solid understanding of financial principles, planning cycles, and reporting standards (US GAAP/IFRS).
Minimum Experience/Training Required:
3–5 years of relevant experience in financial planning & analysis, preferably in a multinational manufacturing environment.
Hands-on experience with financial systems such as SAP, Hyperion HFM, and SAP Cloud Platform, familiarity with project portfolio management tools is an advantage. Strong proficiency in Excel and financial modeling. Experience with data visualization tools such as Power BI and Qlik. Ability to manage and consolidate large datasets across multiple systems and entities.
Proven ability to analyze complex financial data, identify trends, and provide actionable insights. Ability to translate financial data into strategic recommendations. Ability to work cross-functionally with finance, operations, and technical teams.
Detail-oriented, proactive, and highly organized. Strong problem-solving skills and a continuous improvement mindset.
Capable of working independently and stepping into leadership roles when needed (e.g., deputizing the Financial Controller).
English mandatory, additional languages appreciated
The base pay for this position is
N/AIn specific locations, the pay range may vary from the range posted.
JOB FAMILY:Financial Planning and Analysis
DIVISION:EPD Established Pharma
LOCATION:India > Mumbai : BKC Building
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)
Top Skills
Abbott Mumbai, Maharashtra, IND Office
16th Godrej BKC Plot C, Bandra Kurla Complex, Bandra East, एवेन्यू 3, G Block BKC, Bandra East, Mumbai, Maharashtra, India, 400051
