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Corporate Accountant

2 months ago

North Chicago, Illinois, United States Abbott Laboratories company Full time
About Abbott Laboratories

Abbott Laboratories 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.

Our Mission

We are committed to creating breakthrough science to improve people's health. We anticipate changes in medical science and technology, and we're always looking towards the future.

Working at Abbott Laboratories

At Abbott Laboratories, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You'll also have access to:

Benefits and Perks

  • Career development with an international company where you can grow the career you dream of.
  • 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 - an affordable and convenient path to getting a bachelor's degree.
  • A company recognized as a great place to work in dozens of countries around the world 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 a best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

This position may support our Abbott Nutrition Corporate Financial Services business. As the Senior Accountant, you will be responsible for preparing journal entries, preparing monthly consolidated reporting packages and other analysis supporting the Nutrition division; serving as liaison between our Shared Service Third Party provider, FP&A and CFS RTR; and driving process improvements. The Senior Accountant will perform accounting-related work as well as financial reporting. The Senior Accountant will assist the ANHQ FP&A team with various reporting requests. Additional opportunities exist to participate in month-end calculations of Trading Company Gross Margin (TCGM) credits to business units.

Key Responsibilities

  • Complete monthly consolidated reporting packages - Profit Review Package, Monthly Reporting Package (MRP) and Supplemental Reporting Package (SRP) for Abbott Nutrition.
  • Liaise with FP&A, CFS, and other Americas Hub team members to execute the financial close, provide guidance, and work together to improve processes.
  • Perform ad hoc requests as requested by management including creating new reporting to increase management visibility into business performance.
  • Prepare analysis for CFS journal entries.
  • Ensure compliance with internal controls and provide support for SOX and internal audit.
  • Ensure compliance with policies and procedures including CFMs.
  • Complete external and internal audits and Sox requests.
  • Utilize SAP, Cognos and HFM to view documents and account balances, run reports, analyze and utilize data for analytics.
  • Provide guidance to Shared Service Third Party Accounting colleagues.
  • 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.
  • Efficiently complete Microsoft Excel spreadsheets including pivot tables, vlookups, conditional formatting, and analysis of data.
  • Track and report on product flows from OUS manufacturing sites, and post TCGM credits to US and Puerto Rico entities.
  • Elevate issues and recommend solutions.
  • Coordinate a global balance sheet deep dive review process for Abbott Nutrition to analyze the aging and accuracy of account balances.
  • Serve as the Subject Matter Expert for global systems (HFM/SAP).

Requirements

  • Bachelor's degree in Accounting/Finance and/or Business or equivalent experience.
  • 4+ years related work experience with at least 2+ years month-end financial reporting, consolidating and presenting commentary.
  • SAP and HFM experience.