(Senior) Financial Analyst (M/W/D) in Wetzlar

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.The Senior Financial Analyst provides comprehensive financial support for the Liberty manufacturing site, with a strong focus on financial performance monitoring, standard costing, forecasting, month-end close, and analytical tool development. This role collaborates closely with Operations and site leadership to ensure accuracy of financial data, improve cost visibility, and support data-driven decision-making across the manufacturing environment. The position serves as the site’s subject matter expert for costing and financial reporting.Main ResponsibilitiesFinancial Performance Monitoring & ReportingMonitor site financial and operational results by comparing Actuals vs. Plan and LBE across cost centers and GL accountsAnalyze spending trends, identify material variances, and recommend actions to improve performancePrepare and distribute financial reports and site reporting packages by gathering, validating, and analyzing financial dataConsolidate Actuals and LBE submissions across site functions for review with Division HQ and Site LeadershipCreate dashboards, reporting tools, and KPIs to improve visibilityAct as the site SME for financial reporting processes and data accuracyForecasting, Budgeting & PlanningDevelop detailed financial forecasts using historical data, trends, and current business drivers.Support development of the Annual Operating Plan (AOP) and the Latest Best Estimate (LBEMonitor departmental spending versus budget and highlight variances using system-generated reportsBuild and maintain forecasting models, tracking tools, and financial templates to support planning processesAccounting & Month-End Close SupportPrepare journal entries and assist with the month-end close to ensure timely and accurate site financial reportingMonitor, track, and reconcile key balance sheet accountsSupport standard financial controls and ensure accuracy of reported resultsStandard Costing & Cost AccountingSupport the annual standard cost update process, including BOMs, routings, labor rates, overhead rates, and cost build reviewsEnsure manufacturing product costs are accurate, updated, and aligned with operational changesAnalyze and explain manufacturing variances (material usage, labor, overhead, PPV, scrap, absorption, etc.) to Operations leadershipPartner with Operations and Supply Chain to identify and support cost-reduction initiativesEnsure strong controls around cost rolls, inventory valuation, and manufacturing accountingFinancial Analysis & Business SupportPerform financial analyses to support site leadership and deliver insights that drive operational and strategic decisions.Act as a Finance Business Partner by collaborating closely with Operations and other functional leaders to provide financial guidance, interpret results, and support data‑driven operational decisions.Support evaluation of spending initiatives and operational changes through financial modeling.Systems, Data Integrity & Reporting ToolsManage site financial data processes, including uploading, retrieving, reconciling, and validating data to ensure accuracy across reporting systemsUse SAP to load and maintain standard cost data, run financial and operational reports, and extract information needed for variance analysis and cost reviewsDevelop automated tools, models, dashboards, and reporting solutions to enhance data reliability and efficiency.Improve financial reporting processes and ensure high-quality data governance across systemsCollaboration & Working StyleEstablish and maintain strong cross-functional relationships with Operations, Supply Chain, Quality, Engineering, and leadership teamsCollaborate effectively across the site to gather data and communicate financial insightsRequired QualificationsEducation and experience you'll bringBachelor’s degree in finance, Accounting, Business, or related fieldMinimum 4 years of experience in FP&A, Cost Accounting, Manufacturing Finance, or similar rolesStrong knowledge of standard costing and manufacturing financial processes (critical requirement)Experience in a manufacturing environmentAdvanced Excel and financial modeling skills (PivotTables, formulas, data modeling, VBA)Strong accounting knowledge and understanding of financial statementsExperience working with SAPExperience with financial reporting tools and data analysisStrong analytical, problem‑solving, and communication skillsHigh attention to detail and accuracyAbility to work independently and cross‑functionallyStrong presentation skills and comfort working with leadershipContinuous improvement mindsetProactive, resourceful, and able to learn quicklyPreferred QualificationsMaster’s degree in finance, Accounting, or BusinessExperience with Dodeca or similar reporting/consolidation toolsFamiliarity with cost optimization, variance analysis, and KPI developmentExperience developing financial dashboards, models, and automation toolsThe base pay for this position is $78,000.00 – $156,000.00. In specific locations, the pay range may vary from the range posted.For further information, and to apply, please visit our website via the “Apply” button below.