Sr. Accountant

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

Benefits offered by this job

HIP PPO medical coverage

Tuition reimbursement

Excellent retirement plan with high ER

FreeU education benefit

Job summary

Abbott is hiring a Senior Accountant for its Lake County, IL location in the IFO International Finance division. You will serve as a liaison with the Shared Service Third Party, FP&A and CFS, driving process improvements and supporting month-end close with journal entries and reconciliations.

You will use SAP/SRM and Excel to analyze data, maintain SOPs, provide on-the-job training, and ensure internal controls and SOX compliance.

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 Accounting colleagues.
• Review and approve journal entries and balance sheet reconciliations to complete monthly close.
• Maintain and update SOPs for shared services.
• Provide on-the-job training for new activities.
• Navigate SAP to view documents and balances and run reports.
• Prepare analyses and journal entries for hub activities and reconciliations.
• Collaborate with FP&A, CFS and other teams to improve processes.
• Support SOX and internal audit controls.

Skills

Excel proficiency

Education

Bachelor's degree in Accounting/Finance or Business

Tools

Excel

Job description

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.

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, 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 workexperience
• 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. 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 and @AbbottGlobal.

Base Pay

$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

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