Lead Compliance Auditor, Global Operations
2 weeks ago
About Abbott
Abbott is a prominent leader in the healthcare sector, dedicated to enhancing the quality of life for individuals at every stage. Our extensive range of innovative technologies encompasses diagnostics, medical devices, nutritional products, and branded generic medicines. With a workforce of 114,000 professionals, we serve communities in over 160 countries.
Working at Abbott
At Abbott, you will engage in meaningful work, foster personal growth, and enjoy a supportive environment that values your individuality and well-being.
Benefits Include:
- Career advancement opportunities within a global organization.
- Comprehensive medical coverage for employees through the Health Investment Plan (HIP) PPO.
- A robust retirement savings plan with significant employer contributions.
- Educational support through tuition reimbursement and programs aimed at reducing student debt.
The Opportunity
This role is based in a key corporate location. The Lead Compliance Auditor, Global Operations, is primarily tasked with executing compliance audits related to global sales and marketing across all divisions and affiliates of Abbott. These audits are essential for assessing the effectiveness of Abbott's Ethics & Compliance Program.
Key Audit Areas Include:
- Evaluation of Meals, Travel, and Entertainment Expenses
- Review of Professional Service Agreements
- Assessment of Training and Educational Support
- Analysis of Charitable Contributions
- Examination of Commercial Transactions
- Oversight of Research Funding and Scientific Activities/Publications
- Evaluation of No-Charge Products
- Scrutiny of Promotional Practices
- Review of the Ethics & Compliance Program
- Assessment of Third-party Activities
- Transparency Reporting
Auditors will conduct thorough compliance audits and provide actionable recommendations for enhancing operational performance and controls throughout an 18-36 month rotation in Corporate Audit.
Core Responsibilities:
The Lead Compliance Auditor will be responsible for:
- Identifying areas for improvement in sales and marketing practices in alignment with corporate policies, local procedures, and regulatory standards.
- Analyzing data and documenting findings and recommendations in comprehensive audit reports.
- Presenting audit results to management at both the divisional and corporate levels.
Qualifications:
Required:
- A Bachelor's degree from an accredited institution; a graduate degree is preferred.
- Certification as a Certified Public Accountant (CPA) is desirable.
- A minimum of three to five years of relevant experience, ideally gained in a major public accounting or consulting firm, or a law firm specializing in healthcare compliance and related fields.
Additionally, candidates should possess:
- Extensive knowledge of the healthcare industry and experience with compliance investigations related to the Foreign Corrupt Practices Act and Anti-Bribery/Anti-Corruption regulations.
- Familiarity with financial and operational auditing methodologies.
- Proficiency in computer-assisted audit techniques to support compliance auditing initiatives.
- Strong time management and project management capabilities.
- Excellent interpersonal skills, enabling effective collaboration with individuals at all organizational levels.
- Exceptional written and verbal communication skills.
Travel Requirements:
Domestic and international travel is anticipated, typically comprising 60-70% of the role.
Abbott is an Equal Opportunity Employer, committed to fostering a diverse workforce.
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