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Abbott
Abbott

Global healthcare company creating breakthrough diagnostics and devices

Gross Margin Business Analyst at Abbott

RoleFinance
LevelMid Level
LocationUnited States - Illinois - Chicago
WorkOn-site
TypeFull-time
Posted1 day ago
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About the role

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.

JOB DESCRIPTION:

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

As a Gross Margin Business Analyst, you will play a key role in advancing Abbott’s gross margin improvement initiatives by translating complex data into actionable insights. Working closely with cross‑functional partners, you will help identify opportunities that drive cost efficiency, portfolio optimization, and overall business performance.

What You’ll Work On

  • Analyze critical business data to identify gross margin improvement opportunities across key divisions
  • Identify trends, risks, and opportunities related to product cost improvement, profit enablement, demand and market insights, and inventory performance
  • Develop and recommend margin best practices and process improvements
  • Perform root cause analysis and support cross‑functional efforts to address performance gaps
  • Transform data into clear, compelling stories through effective visualization and analytics
  • Support management with project prioritization and insights that align to departmental objectives
  • Optimize, automate, or enhance manual and repetitive analytical processes
  • Participate in special projects and provide guidance to less experienced analysts as needed

Required Qualifications

  • Associate’s degree or equivalent combination of education and experience
  • Minimum of 1 year of experience in a business analysis, analytics, or data-focused role
  • Strong analytical and problem-solving skills
  • Ability to work with large datasets and draw meaningful conclusions
  • Effective communication skills with the ability to present insights to stakeholders

Preferred Qualifications

  • Experience supporting gross margin, finance, supply chain, or operations-related initiatives
  • Proficiency with data analysis, reporting, and visualization tools
  • Experience identifying process improvement opportunities and driving change
  • Ability to work cross‑functionally in a matrixed environment
  • Bachelor’s degree in Business, Finance, Analytics, or a related field

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

$61,300.00 – $122,700.00

In specific locations, the pay range may vary from the range posted.

JOB FAMILY:

Administrative Support

DIVISION:

GPS Global Purchasing Services:

LOCATION:

United States > Chicago : Willis Tower Building 233 S Wacker Dr.

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), Keyboard use (greater or equal to 50% of the workday)

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

  • EEO is the Law link

  • English: http://webstorage.abbott.com/common/External/EEO_English.pdf

  • EEO is the Law link

  • Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf

Required skills

Financial analysis

Business analysis

Reporting

Forecasting

Excel

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About Abbott

Abbott

Abbott

Public

Abbott is a global healthcare company that develops medical devices, diagnostics, branded generic medicines, and nutrition products.

10,001+

Employees

Abbott Park

Headquarters

$177B

Valuation

Reviews

10 reviews

3.8

10 reviews

Work-life balance

3.2

Compensation

3.5

Culture

4.1

Career

3.4

Management

4.0

72%

Recommend to a friend

Pros

Supportive management and leadership

Good team culture and inclusive workplace

Excellent benefits and training programs

Cons

Heavy workload and overtime expectations

High stress and burnout potential

Limited advancement opportunities

Salary Ranges

754 data points

Junior/L3

Mid/L4

Junior/L3 · Financial Analyst

121 reports

$100,164

total per year

Base

$89,161

Stock

-

Bonus

$5,974

$76,457

$133,581

Interview experience

3 interviews

Difficulty

3.0

/ 5

Duration

14-28 weeks

Offer rate

33%

Experience

Positive 33%

Neutral 67%

Negative 0%

Interview process

1

Application Review

2

HR Screen

3

Technical Interview

4

Hiring Manager Interview

5

Offer

Common questions

Technical Knowledge

Behavioral/STAR

Past Experience

Problem Solving