Sr. Accountant

Thornton Tomasetti; United States; On-site; USD 78,000 - 156,000; Full time

Job summary

Abbott in the United States is seeking a Senior Accountant in the IFO International Finance division to support the monthly close and SOP maintenance. You will liaise with Shared Service Third Party Accounting, FP&A and CFS to improve processes and ensure SOX compliance.

Located in Lake County, IL, the role requires 3-7 years of accounting experience and strong Excel skills, with SAP and SRM proficiency to analyze data and support journal entries and reconciliations.

Qualifications

• Bachelor's degree in Accounting/Finance and/or Business or equivalent experience.
• 3-7 years related work experience.
• Proficient in Excel.

Responsibilities

• Provide guidance to Shared Service Third Party Accounting colleagues.
• Review and approve journal entries and balance sheet reconciliations and complete monthly close.
• Maintain SOPs for Shared Services and Hub activities.
• Provide on-the-job training for new Shared Service activities.
• Navigate SAP to view documents, run reports, and analyze SAP data for analytics.
• Prepare journal entries and reconciliations; interact with FP&A, CFS, and other teams to improve processes.
• Ensure compliance with internal controls and support SOX and internal audit.

Skills

Proficient in Excel

Education

Bachelor's degree in Accounting/Finance and/or Business or equivalent experience

Tools

SAP

SRM

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 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 . 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 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 Sr. 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.

• 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.
• 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.
• 3-7 years related work experience
• Proficient in Excel

Preferred Qualifications

Prior experience in Shared Services strongly preferred.

* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year. 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.

The base pay for this position is $78,000.00 – $156,000.00 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 : AP06D ADDITIONAL LOCATIONS: WORK SHIFT: Standard TRAVEL: Not specified 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 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.

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