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. Youll 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 bachelors 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 Forest IL location.
As the Senior Accountant in the Americas Hub you will serve as liaison between our Share Service Third Party provider FP&A and CFS RTR and drive process improvements. The Senior Accountant will perform accounting related work and review journal entries and reconciliations performed by the Shared Service Third Party colleagues. Also the Senior Accountant Core Dx (ADD) will be responsible and support USO Admin Fees process Royalty payments USO OEM process and Core Dx Supply Chain.
What Youll Work On:
o Provide guidance to Shared Service Third Party Accounting colleagues.
o Review and approve Third Party Shared Service Accounting journal entries and balance sheet reconciliations and complete the monthly financial close process.
o Review and assist in maintenance of third Party Shared Services Standard Operating Procedures (SOPs). Provides on the job training (OJT) as necessary for new Shared Service Third Party activities.
o Maintain Standard Operating Procedures for Hub activities. Completes OJT as necessary for new activities.
o Prepare analysis for the backup of Hub performed journal entries and balance sheet reconciliations.
o Successfully navigate SAP to view documents and account balances run reports analyze purchase orders invoices and utilize SAP data for analytics.
o Efficiently complete Microsoft Excel spreadsheets including pivot tables vlookups conditional formatting and analysis of data.
o Fully support the processes for Group Purchasing Organization Admin Fees royalty payments OEM and other inventory via analysis and reconciliations. Liaise with FP&A on these processes.
o Complete analysis via SAP/SRM/Cadency of third party service provider inventory (including in transit TPMs and GRIR) accruals and prepaids. Prepare or approve Genpact prepared journal entries and account reconciliations based on analysis.
o Complete external and internal audits requests Sox requests and tax requests like R&D Tax Credit and other ad hoc related requests.
o Liaise with FP&A CFS and other Americas Hub team members to execute the financial close provide guidance and work together to improve processes.
o Ensure compliance with internal controls and provide support for SOX and internal audit.
o Ensure compliance with policies and procedures including CFMs.
o Elevate issues and recommend solutions.
o Operate independently within a varied and changing scope of responsibilities under some supervision.
o Complete special projects as assigned.
Qualifications:
Bachelors degree in Accounting/Finance and/or Business or equivalent experience.
4 years related work experience. Prior experience in Shared Services strongly preferred.
Learn more about our health and wellness benefits which provide the security to help you and your family live full lives:
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 on Facebook at and on Twitter @AbbottNews.
The base pay for this position is
$78000.00 $156000.00In specific locations the pay range may vary from the range posted.
Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
EEO is the Law link - English: EEO is the Law link - Espanol: Experience:
Senior IC
WHO WE ARE CREATING LIFE-CHANGING TECHNOLOGY From removing the regular pain of fingersticks as people manage their diabetes to connecting patients to doctors with real-time information monitoring their hearts, from easing chronic pain and movement disorders to testing half the world’s ... View more