Abbott Laboratories is looking for Financial Analyst

• Analysis/interpretation of monthly results and liaison with functional groups to determine future exposures against current benchmark including but not limited to various analysis reports (Variance Analysis, KPI’s, etc.)
• Analyze and review monthly accounts and develop commentary in conjunction with Finance Manager as to variations to benchmarks for all Product Divisions.
• Understand business issues and challenge assumptions, and work closely with the Finance Manager to provide management with quality commentary at financial month-end closing and every business update cycle.
• Design of templates for data collection and consolidation across MENA region, coordination of information requirement among various stakeholders, provide the commercial team with the required sales reports/analysis on a monthly basis.
• Work closely with AV Heerlen to ensure monthly rebate accruals.
• Special projects/ ad-hoc reports as directed by the Finance Manager.
• Assist in the performance monitoring of the various product groups within the division, prepare product profitability analysis
• Monitor expenses (cost centers) and Provide in-depth analysis on Budget vs, Actuals variances, proactively identify and escalate risks and opportunities, and ensure effective spending
• Assists with ensuring compliance with corporate / local financial policies across the region.

REQUIREMENTS:   

• Bachelor’s degree (major in Finance). MBA / CMA Desirable.
• Minimum 4 years post qualification experience in accounting, budgeting and planning, with a multinational exposure.
• Advanced level M.S. Excel (Spreadsheets, Macros, etc.) is a must.
• Experience with (Hyperion Planning, Essbase, Cognos, etc.) preferred

CORE COMPETENCIES

ADAPTIBILITY

Maintaining effectiveness in varying environments and with different tasks, responsibilities, and people

KEY ACTIONS:

• Tries to understand changes in work tasks, situations, and environment as well as the logic or basis for change.
• Treats change and new situations as opportunities for learning or growth.
• Focuses on the beneficial aspects of change; speaks positively about the change to others.
• Quickly modifies behavior to deal effectively with changes in the work environment
• Readily tries new approaches appropriate for new or changed situations
• Does not persist with ineffective behaviors.

TEAMWORK

Working effectively with team or work group or those outside formal line of authority (eg. associates, senior managers) to accomplish organizational goals; taking actions that respect the needs and contributions of others; contributing to and accepting the consensus; subordinating own objectives to the objectives of the organization or team.

KEY ACTIONS:

• Builds relationships by helping others feel valued, appreciated, and included in discussions.
• Places team or organizational goals ahead of personal goals.
• Offers to help others achieve mutual goals.
• Volunteers and exchanges ideas freely.
• Gains agreement from partners to support ideas or take partnership-oriented actions.
• Seeks out, uses and builds upon ideas from others.

INITIATIVE

Making active attempts to influence events to achieve goals; self-starting rather than accepting passively; taking action to achieve goals beyond what is required, being proactive.

KEY ACTIONS:

• Takes thoughtful, yet timely, action when confronted with a problem or when made aware of a situation.
• Implements new ideas or potential solutions without prompting; does not wait for others to take action or request action.
• Takes action that goes beyond job requirements in order to achieve objectives.
• Looks for ways to improve efficiencies and reduce costs.

INNOVATION

Generating creative solutions to work situations; trying different and novel ways to deal with organizational problems and opportunities.

KEY ACTIONS:

• Identifies implicit assumptions in the way problems or situations are defined or presented.
• Sees alternative ways to view or define problems.
• Is not constrained by the thoughts or approaches of others.
• Draws upon multiple and diverse sources for ideas and inspiration.
• Brainstorms multiple approaches/solutions to approaching the business, processes, and daily work.
• Examines numerous potential solutions and evaluates each before accepting any.
• Targets important areas for innovation and develops solutions that address meaningful work issues.
• INTEGRITY
• Maintaining and promoting social, ethical, and organizational norms in conducting internal and external business activities.

KEY ACTIONS:

• Deals with people in an honest and forthright manner.
• Presents information accurately and completely.
• Performs actions as promised.  Ensures that words and actions are consistent.
• Does not share confidential information.
• Fairly represents organization’s capabilities.

FUNCTIONAL COMPETENCIES

PRACTICAL LEARNING

Assimilating and applying, in a timely manner, new job-related information that may vary in complexity

KEY ACTIONS

• Ask questions
• Read about relevant topics
• Acquire skill by observing others
• Improve skill through practice
• Apply new knowledge or skills quickly

CUSTOMER FOCUS

Making customers and their needs a primary focus of one’s actions; developing and sustaining productive customer relationships.

KEY ACTIONS:

• Actively seeks information to understand customers’ circumstances, problems, expectations, and needs.
• Shares information with customers to build their understanding of issues and capabilities.
• Builds rapport and cooperative relationships with customers.
• Considers how actions or plans will affect customers; responds quickly to meet customer needs and resolve problems; avoids over commitments.
• Implements effective ways to monitor and evaluate customer concerns, issues, and satisfaction and to anticipate customer needs.

ANALYSIS / PROBLEM ASSESSMENT

Securing relevant information and identifying key issues and relationships from a base of information; relating and comparing data from different sources; identifying cause-effect relationships.

KEY ACTIONS:

• Detects problems and opportunities
• Gather all relevant data and information from multipliable source
• Identify underlying issues and problems
• Recognize and analyze trends
• Identify cause-effect relationships
• PLANNING AND ORGANISING
• Establishing a course of action for self and others to ensure that work is completed efficiently.

KEY ACTIONS:

• Identifies more critical and less critical activities and assignments; adjusts priorities when appropriate.
• Determines project/assignment requirements by breaking them down into tasks and identifying types of equipment, materials, and people needed.
• Allocates appropriate amounts of time for completing own and others’ work; avoids scheduling conflicts; develops timelines and milestones.
• Takes advantage of available resources (individual, processes, departments, and tools) to complete work efficiently; coordinates with internal and external partners.
• Uses time efficiently and prevent irrelevant issues or distractions from interfering with work completion.

QUALITY ORIENTATION

Accomplishing tasks by considering all areas involved, no matter how small; showing concern for all aspects of the job; accurately checking processes and tasks; being watchful over a period of time.

KEY ACTIONS:

• Accurately and carefully follows established procedures for completing work tasks.
• Vigilantly watches over job processes, tasks, and work products to ensure freedom from errors, omissions, or defects.
• Initiates action to correct quality problems or notifies others of quality issues as appropriate.

Click on this link to apply.