Abbott · 8 hours ago
Senior Accountant
Lake Forest, IL
Full-time
Onsite
Mid, Senior Level
$78K/yr - $156K/yr
4+ years expAbbott is a global healthcare leader that helps people live more fully at all stages of life. The Senior Accountant will serve as a liaison between the Share Service Third Party provider, FP&A, and CFS RTR, performing accounting-related work and driving process improvements.
BiotechnologyEmergency MedicineGeneticsHealth CareHealth DiagnosticsManufacturingMedicalMedical DeviceNutritionPharmaceutical
Responsibilities
Provide guidance to Shared Service Third Party Accounting colleagues
Review and approve Third Party Shared Service Accounting journal entries and balance sheet reconciliations and complete the monthly financial close process
Review and assist in maintenance of third Party Shared Services Standard Operating Procedures (SOPs). Provides on the job training (OJT) as necessary for new Shared Service Third Party activities
Maintain Standard Operating Procedures for Hub activities. Completes OJT as necessary for new activities
Prepare analysis for the backup of Hub performed journal entries and balance sheet reconciliations
Successfully navigate SAP to view documents and account balances, run reports, analyze purchase orders invoices, and utilize SAP data for analytics
Efficiently complete Microsoft Excel spreadsheets including pivot tables, vlookups, conditional formatting, and analysis of data
Fully support the processes for Group Purchasing Organization Admin Fees, royalty payments, OEM and other inventory via analysis and reconciliations. Liaise with FP&A on these processes
Complete analysis via SAP/SRM/Cadency of third party service provider inventory (including in transit, TPMs, and GRIR), accruals and prepaids. Prepare or approve Genpact prepared journal entries and account reconciliations based on analysis
Complete external and internal audits requests, Sox requests and tax requests like R&D Tax Credit and other ad hoc related requests
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
Qualification
Required
Bachelor's degree in Accounting/Finance and/or Business or equivalent experience
4+ years related work experience
Preferred
Prior experience in Shared Services strongly preferred
Benefits
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.
Company
Abbott
Abbott is a healthcare company that produces diagnostic kits, medical devices, nutritional products, and branded generic medicines.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$6.79M2011-03-15Post Ipo Debt· $0.1M
2009-03-16Post Ipo Debt· $6.69M
1980-12-12IPO
Leadership Team
Robert Ford
President & Chief Executive Officer
Mike Peterson
Senior Vice President
Recent News
Company data provided by crunchbase