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
This position works out of our Lake County, IL location in the IFO International Finance division.
As the Senior Accountant, you’ll have the chance to serve as liaison between our Share Service Third Party provider, FP&A and CFS and to drive process improvements. The Senior Accountant will perform accounting related work and review journal entries and reconciliations performed by the Shared Service Third Party colleagues to complete the month end close process.
What You'll Work On:
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, VLOOKUP’s, conditional formatting, and analysis of data.
Complete analysis in SAP/SRM of third-party service provider accrual and prepaids. Prepare journal entries and account reconciliations based on analysis.
Liaise with FP&A, CFS, and other 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:
Bachelors degree in Accounting/Finance and/or Business or equivalent experience.
4+ years related work experience
Proficient in Excel
Preferred Qualifications:
Prior experience in Shared Services strongly preferred.
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
$75,300.00 – $150,700.00In specific locations, the pay range may vary from the range posted.
Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf
EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf