Description

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 your 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.
Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
An excellent retirement savings plan with a 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 worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

We have an immediate opportunity for a Senior Accountant in our Lake County location.

As the Senior Accountant in the Abbott Nutrition Corporate Financial Services (CFS) Record to Report (RTR team), you will prepare journal entries, account balance reconciliations and other analysis supporting the Nutrition division; serve as liaison between our Shared Service Third Party provider, FP&A and CFS RTR; and drive process improvements. The Senior Accountant will perform accounting related work as well as financial reporting.

What You'll Work On:

Prepare analysis for CFS journal entries and balance sheet account reconciliations.
Provide guidance to Shared Service Third Party Accounting colleagues.
Lead multiple quarterly Balance Sheet Review Meetings with the different business area controllers to provide clear analytics, identify underlying drivers, and translate financial results into actionable insights so that the controllers can provide attestation to their balance sheet balances.
Review and approve Third Party Shared Service Accounting journal entries and account balance reconciliations and complete the monthly financial close process.
Review and assist in maintenance of Third Party Shared Services Standard Operating Procedures (SOPs). Provide on the job training (OJT) as necessary for new Shared Service Third Party activities.
Utilize SAP, Document Direct, Cognos, AMAPS, Maximo and HFM to view documents and account balances, run reports, analyze and utilize data for analytics.
Efficiently complete Microsoft Excel spreadsheets including pivot tables, vlookups, conditional formatting, and analysis of data.
Complete analysis in SAP/SRM of third party service provider accrual and prepaids.
Prepare journal entries and account reconciliations based on analysis within Cadency
Participate in the annual tax package preparation for the US-domestic Abbott Nutrition entities.
Complete external and internal audits requests, Sox requests and tax requests like the annual reserve and accrual analysis.
Liaise with FP&A, CFS, and other Americas Hub team members to execute the financial close, provide guidance, and work together to improve processes.
Ensure compliance with internal controls and provide support for SOX and internal audit.
Ensure compliance with policies and procedures including in the Corporate Finance Manuals.
Complete External Audit Requests as assigned.
Elevate issues and recommend solutions.
Operate independently within a varied and changing scope of responsibilities under some supervision.
Complete special projects as assigned.

Required Qualifications:

Bachelor’s degree in Accounting, Finance, or related field is required. In lieu of a degree, additional years of experience may be considered.
4+ years relevant professional experience required or a combination of education and experience that demonstrates the required competencies.

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.

The base pay for this position is

$78,000.00 – $156,000.00

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

JOB FAMILY:

Accounting & Reporting

DIVISION:

IFO International Finance

LOCATION:

United States > Abbott Park : AP52

ADDITIONAL LOCATIONS:

WORK SHIFT:

Standard

TRAVEL:

MEDICAL SURVEILLANCE:

SIGNIFICANT WORK ACTIVITIES:

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

Senior Accountant