Margin and Profitability Analyst at Abbott Laboratories

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 114,000 colleagues serve people in more than 160 countries.

Job Title

Margin and Profitability Analyst

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to:

• Career development with an international company where you can grow the career you dream of.
• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
• An excellent retirement savings plan with high employer contribution
• Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
• A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

The Margin and Profitability Analyst works out of our Austin, TX location in the CRM division.

As a global leader in Cardiac Rhythm Technologies, we focus on innovative technologies that can improve the way doctors treat people with heart arrhythmias, or irregular heartbeats.

MAIN PURPOSE OF ROLE

The primary function of the Margin and Profitability Analyst position is to provide critical support to the key Margin & Profitability (M&P) Value Streams for the CRM Division.  This individual will support key Value Streams, and associated resources, while collaborating across Business Unit leadership to drive and achieve division margin goals.

Provide leadership and management of high impact change programs that significantly improve productivity and cost structure of CRM business.  The scope will include both long term planning and roadmap development, as well as short-term execution of critical projects and programs.

This position reports to the Director, Commercial Services, Margin & Profitability.

What You’ll Work On

• Lead and support key division Margin & Profitability Value Streams, including execution of large scale / high impact initiatives and reporting of progress to Leadership.
• Provide critical analytical support for design and leading projects for long-term value creation; Determine the ‘what must happen/stay on track’ with an analytical / data first mindset   
• Provide valuation models for material decisions to Abbott
• Establish and evaluate key metrics; drive results through innovative value creation and initiatives for continuous, measurable improvements
• Collaborate and influence across Business Unit leadership and staff to assign goals, develop project funnels, support execution, and manage / mitigate risks.
•  Develop & deploy sustaining tools and processes that will continue after the Value Stream “ends” for Sustainability
• Ensures that high impact programs are defined, resourced and implemented in order to achieve financial objectives as defined by both the Annual and Long-Range Plans. - performing bench marking and cost structure analysis to define significant opportunities for improvement.
• Collaborate closely with all functions to support the CRM journey
• Support any key strategic initiatives and activities being driven by CRM organization to improve margin and productivity.
• Manage large-scale projects to reduce costs, reduce inventory investment, improve/streamline "go to market" strategies/processes and/or improve service to CRM customers.

Required Qualifications

• Bachelor's degree plus 3 years of related work experience with a good understanding of specified functional area, or an equivalent combination of education and work experience.
• MS Excel

Preferred Qualifications

• Power BI

Apply Now

* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:  www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.

The base pay for this position is $64,000.00 – $128,000.00. In specific locations, the pay range may vary from the range posted.