Treasury Manager

3 weeks ago

Abbott Park, United States Abbott Laboratories Full time

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.

About Abbott

Abbott is a global healthcare leader, creating breakthrough science to improve peopleâs health. Weâre always looking towards the future, anticipating changes in medical science and technology.

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 will have access to:

  • Career development with a global company where you can grow the career of your dreams.

  • 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;  our affordable and convenient path to getting a bachelorâs degree.

  • A company named one of the most admired companies in the world by Fortune Magazine and  recognized as a great place to work in dozens of countries around the world.

  • A company 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

Based at our corporate headquarters in Abbott Park, IL we have an opportunity for a ­­Treasury Manager within our Global Treasury Operations team. This position reports to the Senior Manager, Global Treasury Operations and is a great opportunity for a detail oriented Treasury professional with strong project management skills.

What You Will Work On:

  • Lead Abbott entity KYC process and compliance with Dodd-Frank, EMIR, FinCEN and other regulatory requirements

  • Support short and long term cash forecasting and rolling LBE process to ensure proper financial liquidity

  • Provide backup support to Cash Managers

  • Identify and co-ordinate operational improvements

  • Lead bank account automation projects as required

  • Lead Bank Fee analysis process

  • Facilitate Treasury activities, including processing of wire transfers and ACH payments

  • Perform daily cash reconciliations as required

  • Assist with confirmation and settlement of FX transactions as required

  • Lead merchant account opening and corresponding documentation process

  • Provide support to Abbott businesses with credit card processing account requirements

  • Support Letter of Credit and Guarantee issuance process and required documentation

  • Maintain bank account controls and documentation

  • Lead business compliance with Treasury Financial Policies

  • Assist users with monthly netting process

  • Assist with Sarbanes-Oxley and Audit activities

  • Assist management with acquisition, integration and divestiture special projects as requested

  • Serve as a liaison between Treasury, IT and numerous business organizations including Accounting, Payroll, AP and AR.

  • Provide ad-hoc support to all groups for Treasury related activities

  • Assist with SWIFT global implementation

Required Qualifications:

  • Bachelorâs degree in accounting, business, or finance required.  MBA or advanced degree in business, finance or management preferred

  • Experience in Corporate Treasury, Corporate Accounting, Corporate Finance or Commercial/Investment Banking (7 â 10 years)

  • Effectively manage complex projects from start to finish (organized and detail-oriented)

  • Collaborate well in a team environment (interpersonal skills)

  • Experience with MS Office, SAP Treasury, and TMS strongly preferred.

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 $95,000.00 â $190,000.00. In specific locations, the pay range may vary from the range posted.

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