Accounts Payable Specialist

Abbott; Chicago (IL); On-site; USD 51,000 - 101,000; Full time

Benefits offered by this job

Free medical coverage in HIP PPO plan

Excellent retirement savings plan with

Tuition reimbursement

Freedom 2 Save student debt program

FreeU education benefit

Job summary

Abbott is seeking an Accounts Payable Coordinator at our Lake Bluff, IL location. The role processes and oversees invoice batches, generates reports, and resolves invoice issues while coordinating with suppliers and internal departments.

The position requires 1–3 years in Accounts Payable or Finance, strong Excel skills, and familiarity with SAP Financials. This is an onsite role with a competitive base pay range and benefits.

Qualifications

• 1–3 years of Accounts Payable, Treasury or Finance experience.
• Advanced Microsoft Office skills (Excel, Word, PowerPoint).
• Knowledge of SAP Financials or other enterprise financial system.

Responsibilities

• Respond to escalated vendor inquiries related to invoicing and payment processing.
• Liaise with Abbott divisions for reconciliations of supplier accounts, statements, and payments.
• Communicate with supplier accounts receivable and accounting staff to resolve disputes.
• Document PO errors and work with Procurement to identify root causes and corrective actions.
• Assist suppliers with PO and invoice discrepancies.
• Quality control invoice processing and provide feedback to the processor.
• Review invoice aging reports and distribute to stakeholders.
• Support customer service by assisting the help desk and resolving escalations.

Skills

MS Office

Excel

Word

PowerPoint

Education

Associate's degree in accounting or related finance major

Tools

SAP Financials

Job description

Abbott 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 122,000 colleagues serve people in more than 160 countries.

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:

• 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

Our location in Lake Bluff, IL, currently has an opportunity for an Accounts Payable Coordinator.

Under general supervision, the Accounts Payable Coordinator will process and/or oversee the processing of various types of invoice batches.

Produce and review invoice and purchase order (PO) reports to assist with issue resolution; ensuring the invoice aging report is distributed to key partners.

Respond to supplier and divisional inquiries, reconciling invoice statements, and resolving invoice issues.

WHAT YOU’LL DO

• Respond to escalated vendor, division, or other key partner inquiries related to invoicing and payment processing issues.
• Serve as a liaison to Abbott divisions, performing monthly, quarterly, and annual reconciliations of supplier accounts, statements, purchases, and payments as requested.
• Communicates with supplier accounts receivable and all layers of accounting staff to address disputes, escalating urgent issues to management.
• Document repetitive PO errors, work with Procurement to establish root causes which result in errors; offer solutions to resolve disputes and implements corrective actions with guidance from management.
• Assist suppliers with resolving purchase order and invoice exceptions and discrepancies.
• Perform quality control related to invoice processing; provide feedback to third-party processor.
• Review and evaluate the invoice aging report; ensure timely distribution to stakeholders and partners.
• Support customer service by assisting the help desk; resolve critical escalations and provide feedback regarding invoice issue resolution as needed.
• Perform other duties as assigned.

EDUCATION AND EXPERIENCE, YOU’LL BRING

Experience Required: 1-3 years of Accounts Payable, Treasury or Finance experience in a large, decentralized organization. Advanced Microsoft Office skills, including Excel, Word, and PowerPoint. Knowledge of SAP Financials or other enterprise financial system. Education Required: Associate's degree in accounting, Business Administration, or other Finance related major; or 60+ hours of post-secondary education is required.

Misc: This is an onsite role at Abbott location in IL This is not a remote role/opportunity.

Abbott is an Equal Opportunity Employer, committed to employee diversity.

The base pay for this position is $50,700.00 - $101,300.00 In 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: United States > Chicago : Willis Tower Building 233 S Wacker Dr.

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. 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

An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.

Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential - because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions - across the spectrum of health, around the world, for all stages of life. Whether it's next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health. The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of life's greatest health challenges. We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings. An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.