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 109,000 colleagues serve people in more than 160 countries.
JOB DESCRIPTION:
Primary Job Function
Performs a variety of duties in project & fixed assets accounting such as analyzing projects, approving shopping carts, creating journal entries, performing the monthly reporting, in a fast-paced, deadline-driven environment. Develops processes to make sure the financial statements are produced in accordance with US GAAP rules, complies with all 404 Sox requirements and in compliance with all Abbott Corporate Policies and Procedures. This position works with activities for multiple revenue divisions that will vary in size and dollar values.
Core Job Responsibilities
Responsible for compliance with applicable Corporate and Divisional Policies and procedures; Compiles and analyzes financial information through preparation of reports, sub-ledger and general ledger entries and other financial transactions; Collects and reviews data requested by auditors (internal and external); Develop and maintain processes to support fixed asset reconciliation functions; Identifies, develops and implements processes to improve department performance; Participate in process reviews as a part of continuous improvement activities; Ensure cross-functional collaboration across process owners to implement standard, efficient processes; Assist and support in the assessment of impact of change initiatives; Interact with internal customers, by meeting regularly, responding to requests and explaining procedures; Interact with third party accounting service providers to ensure accuracy of activities performed; Aids in the transition and oversight of new business to the shared services organization; Complete ad hoc analysis, reviews or reports within Divisions and Corporate functions as necessary.
Position Accountability / Scope
Works closely with management to meet deadlines and works with others in the organization to provide requested information from accounting groups as needed. The position will also have significant interaction with other financial management across the Divisions and Corporate reporting, and with Abbott's external and internal auditors. Reports to Shared Services Manager.
Minimum Education
Bachelor's degree plus 1-2 years of related work experience with a basic understanding of specified functional area, or an equivalent combination of education and work experience
Minimum Experience / Training Required
(Technical/Business Knowledge (Job Skills)) Knowledge and application of accounting concepts, procedures and practices. Working experience with SAP or other large systems a must. (Cognitive Skills) Apply professional concepts and company policies and procedures to solve routine problems and exercise independent decision making. Candidates must have strong interpersonal communication and leadership skills and the ability to interact with various levels of finance personnel, including senior financial management. Candidates must be able to manage multiple tasks and work in a dynamic environment. Preferred but not required: Auditing experience with a major regional and/or Big 4 public accounting firm.
JOB FAMILY:
Financial Planning and Analysis
DIVISION:
IFO International Finance
LOCATION:
United States > Abbott Park : AP52 Floor-1
ADDITIONAL LOCATIONS:
WORK SHIFT:
Standard
TRAVEL:
No
MEDICAL SURVEILLANCE:
No
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
Lake Bluff, IL
Abbott Laboratories discovers, develops, manufactures, and sells health care products worldwide. The company’s Established Pharmaceutical Products segment offers branded generic pharmaceuticals for the treatment of pancreatic exocrine insufficiency; irritable bowel syndrome or biliary spasm; intrahepatic cholestasis or depressive symptom; gynecological disorder; hormone replacement therapy; dyslipidemia; hypertension; hypothyroidism; Ménière's disease and vestibular vertigo; pain, fever, and inflammation; migraine; and anti-infective clarithromycin, as well as provides influenza vaccines and products that regulate physiological rhythm of the colon.
Its Diagnostic Products segment offers core laboratory systems in the areas of immunoassay, clinical chemistry, hematology, and transfusion; molecular diagnostics systems that automates the extraction, purification, and preparation of DNA and RNA from patient samples, as well as detects and measures infectious agents; cartridges for blood analysis; rapid diagnostics systems for infectious diseases; molecular point-of-care care testing for HIV, influenza A and B, RSV, and strep A; cardiometabolic test systems; drug and alcohol test systems, as well as remote patient monitoring and consumer self-test systems; and informatics and automation solutions for use in laboratories. The company’s Nutritional Products segment provides pediatric and adult nutritional products.
Its Cardiovascular and Neuromodulation Products segment offers rhythm management, electrophysiology, heart failure, vascular, and structural heart devices for the treatment of cardiovascular diseases, as well as neuromodulation devices for the management of chronic pain and movement disorders.
The company also provides glucose and blood glucose monitoring systems, including test strips, sensors, data management decision software, and accessories for people with diabetes. The company was founded in 1888 and is headquartered in Abbott Park, Illinois.