Senior Accountant
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What you'll do
- Sales and Cost tie-outs for US commercial between TM1, SAP and Global BI systems. Be a SME to manage the US sales and cost in these systems.
- Fully support the processes for Group Purchasing Organization admin fee projections and payments, royalty payments, OEM and other inventory via analysis and reconciliations.
- Review and approve journal entries and balance sheet reconciliations prepared by third-party shared service.
- Review and assist in maintenance of third-party shared services & HUB Standard Operating Procedures (SOPs).
- Provides on the job training (OJT) and guidance as necessary for new third-party shred services activities.
- Prepare analysis for the backup of Hub performed journal entries and balance sheet reconciliations.
- Efficiently manage and analyze large datasets in Microsoft Excel using pivot tables, lookup functions, conditional formatting, and advanced analytical tools to improve accuracy and completeness.
- Liaise with FP&A, CFS, and other Americas Hub team members to execute the financial close, provide guidance, and work together to improve processes.
- Ensure compliance with internal controls and provide support for SOX and internal audit.
- Ensure compliance with policies and procedures including CFMs.
- Elevate issues and recommend solutions.
- Operate independently within a varied and changing scope of responsibilities under some supervision.
What they're looking for
- 3-5 years of progressive financial experience.
- Bachelor’s degree in Accounting or Finance.
- Excellent communication and interpersonal skills as this role interacts with domestic and international organizations within ADD, Shared Services in India (Genpact), Corporate, and ADD senior management.
Nice to have
- CPA or MBA preferred.
- Audit experience preferred.
- Strong technical, analytical, and problem-solving skills.
- The individual must be highly motivated and have the ability to work independently.
- Able to work under pressure, consistently meet deadlines and direct activities on several projects at one time.
- Strong PC/system skills; specifically Excel and PowerPoint with the ability to learn new systems quickly.
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
JOB DESCRIPTION:
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. You’ll 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 bachelor’s 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 Sr. Accountant – CFS RTR Core Diagnostics in our AP-52 location. (ie. Abbott Park, IL)
As the Sr. Accountant, you will serve as liaison between our third-party shared service provider, FP&A, and CFS RTR. The Sr. Accountant will perform Sales & Cost tie-outs for US commercial, review journal entries and reconciliations performed by the third-party shared service colleagues, other accounting related work, and drive process improvements. Also, the Sr. Accountant Core Dx (ADD) will be responsible for and support USO Admin Fees process, Royalty payments, USO OEM process, and Core Dx Supply Chain.
What You'll Work On:
Sales and Cost tie-outs for US commercial between TM1, SAP and Global BI systems. Be a SME to manage the US sales and cost in these systems.
Fully support the processes for Group Purchasing Organization admin fee projections and payments, royalty payments, OEM and other inventory via analysis and reconciliations.
Review and approve journal entries and balance sheet reconciliations prepared by third-party shared service.
Review and assist in maintenance of third-party shared services & HUB Standard Operating Procedures (SOPs).
Provides on the job training (OJT) and guidance as necessary for new third-party shred services activities.
Prepare analysis for the backup of Hub performed journal entries and balance sheet reconciliations.
Efficiently manage and analyze large datasets in Microsoft Excel using pivot tables, lookup functions, conditional formatting, and advanced analytical tools to improve accuracy and completeness.
Liaise with FP&A, CFS, and other Americas Hub team members to execute the financial close, provide guidance, and work together to improve processes.
Ensure compliance with internal controls and provide support for SOX and internal audit.
Ensure compliance with policies and procedures including CFMs.
Elevate issues and recommend solutions.
Operate independently within a varied and changing scope of responsibilities under some supervision.
Complete special projects as assigned.
Required Qualifications: (Please add 3-4)
3-5 years of progressive financial experience.
Bachelor’s degree in Accounting or Finance.
Excellent communication and interpersonal skills as this role interacts with domestic and international organizations within ADD, Shared Services in India (Genpact), Corporate, and ADD senior management.
Preferred Qualifications:
CPA or MBA preferred.
Audit experience preferred.
Strong technical, analytical, and problem-solving skills.
The individual must be highly motivated and have the ability to work independently.
Able to work under pressure, consistently meet deadlines and direct activities on several projects at one time.
Strong PC/system skills; specifically Excel and PowerPoint with the ability to learn new systems quickly.
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.
The base pay for this position is
$78,000.00 – $156,000.00In specific locations, the pay range may vary from the range posted.
JOB FAMILY:
Accounting & Reporting
DIVISION:
IFO International Finance
LOCATION:
United States > Abbott Park : AP52
ADDITIONAL LOCATIONS:
WORK SHIFT:
Standard
TRAVEL:
Yes, 5 % of the Time
MEDICAL SURVEILLANCE:
Not Applicable
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.
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EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdfEEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf
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