Snr Finance Analyst

22 hours ago


Johannesburg, South Africa Abbott Laboratories Full time

**Position**:Snr. Financial Analyst**

**Division**:Abbott Diagnostics**

**Reports to**:Financial Controller**

**Location**:Johannesburg ( responsible for North, Central & Southern Africa)**

**Primary Objective of Position**
- Ensure timely and accurate submission of monthly operating results to head office for Sub-Saharan Africa for ADD.
- Guarantees the timeliness and accuracy of monthly reports.
- Prepares plan and update figures for Africa and ensures accurate and timeous submission.
- Ensures compliance with ADD’s (Abbott Diagnostics) internal financial policies and procedures.
- Provides support to all other departments being AMD, ADC & CFS.

**Major responsibilities**:

- Documenting processes, and key controls to identify process improvement.
- Prepare, coordinate and report the divisional monthly results to local and Area management.
- Analyses Financial Statements
- Prepares Performance Decks for Collections tracking across NCSA, BDR (bad debt reserves) performance, Margin Analysis, and Expense Management.
- Incorporates the planned financial performance into the Plan package, Last Business Estimate & monthly reviews.
- Develop analysis of economic indicators in order to prepare forecasts and analyze the company's short (Latest Business Estimate) & medium-term position (budget plans).
- Supports preparation of monthly balance sheet reconciliations with back-up documentation that is prepared by IFO (Internal Financial Services) /CFS (Central Finance Services)
- Ensure monitoring of DSO and receivables in line with approved plans/updates
- Ensure compliance with procedures, that tracking and movement of instruments is appropriately documented with all supporting documentation in place.
- Reconciles instruments to all instrument tracking platforms to ensure completeness and existence of instruments in market.
- Complete asset verification minimum of once a year for all NCSA sites.
- Analyses performances of boxes and reports on profitability
- Reviews loan instrument product profitability’s, and sale instrument profitability models by Commercial Team to validate instrument performance against EPIC planned performance
- Develop Basic Operating Procedures for all functions and ensure that they are updated on a regular basis.
- Preparation of monthly Flash PnL for the division
- Preparation of month end commentary and reporting

**QUALIFICATIONS AND EXPERTISE**:
**Education**:

- Bachelor’s degree in Accounting/Finance.
- Post-graduate Finance qualification, i.e. Bcom Honours/CIMA/CA advantageous
- +1-5 Years’ Experience preferred
- SAP, HFM & TM1 Experience preferred
- Advanced Excel Skills

**Experience**:

- 3 to 5 years accounting and commercial/business consulting experience - including articles
- 1 to 3 years Multi - national exposure preferable in FP&A role.


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