Finance Assistant - Tax at Abbott

Taguig City, National Capital Region, Philippines

Abbott Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, PharmaceuticalsIndustries

Requirements

  • Detail oriented with good analytical skills
  • Strong computer knowledge on Microsoft applications, e.g., Excel, Power Point and Word
  • Self-motivated and can work with minimal supervision
  • Ability to interact effectively with representatives from different department and divisions as well as third party distributor representatives
  • Good business communication and interpersonal skills
  • Abbott Core Competencies – Individual Contributor: Set Vision & Strategy, Anticipate, Innovate, Build, Deliver Results
  • Finance Core Competencies: Communication

Responsibilities

  • Prepare accurate schedules and documentation for monthly, quarterly, and annual tax filings in compliance with BIR and other regulatory requirements
  • Ensure timely filing and payment of all tax returns and reports
  • Monitor and maintain completeness of tax certificates from customers
  • Assist in the review of tax computations prepared by external tax advisors
  • Liaise with tax authorities and regulatory agencies regarding applications, filings, and inquiries
  • Coordinate and process local and national permits, licenses, and registrations required for business operations
  • Maintain updated records of all compliance-related documents and ensure timely renewals
  • Prepare tax-related entries during month-end closing
  • Ensure proper and complete documentation and accuracy of all tax entries in the accounting system
  • Verify tax-related account balances by performing regular reconciliations of the tax general ledger
  • Prepare and submit tax-related reports and analysis to Corporate
  • Provide support during internal and external tax audits, ensuring accuracy and completeness of documentation
  • Assist external tax advisors in resolving tax issues
  • Assist in implementing controls to mitigate tax-related risks and ensure compliance with evolving tax laws and rulings
  • Serve as back up for Treasury Analyst

Skills

Key technologies and capabilities for this role

Tax ComplianceTax ReportingBIR RegulationsExcelPowerPointWordAnalytical SkillsReconciliationsAudit SupportRegulatory Compliance

Questions & Answers

Common questions about this position

What skills are required for the Finance Assistant - Tax role?

The role requires detail-oriented individuals with good analytical skills, strong knowledge of Microsoft applications like Excel, PowerPoint, and Word, self-motivation to work with minimal supervision, and good business communication and interpersonal skills.

What is the salary or compensation for this position?

This information is not specified in the job description.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What are Abbott's core competencies for this individual contributor role?

Abbott emphasizes competencies like setting vision and strategy by learning new processes and prioritizing work, anticipating issues with contingency plans, and innovating through process improvements and problem analysis.

What makes a strong candidate for this Finance Assistant - Tax position?

Strong candidates demonstrate Abbott's core competencies such as learning new processes, proactively anticipating issues, innovating improvements, along with detail-oriented analytical skills, Microsoft proficiency, self-motivation, and effective communication.

Abbott

Healthcare solutions in diagnostics and devices

About Abbott

Abbott Laboratories focuses on improving health through various medical technologies and health solutions. The company operates in areas such as cardiovascular health, diabetes management, diagnostic testing, nutrition, and neuromodulation for chronic pain and movement disorders. Abbott's products include advanced medical devices and diagnostic tests that help healthcare professionals and patients manage health conditions effectively. For example, their cardiovascular technologies assist in heart health management, while diabetes care products enable accurate glucose monitoring without painful fingersticks. Unlike many competitors, Abbott emphasizes accessibility and affordability in its offerings, aiming to make life-changing technologies available to a broader audience. The company's goal is to positively impact global health and well-being, supported by a commitment to sustainability and a 2030 Sustainability Plan.

Lake Bluff, IllinoisHeadquarters
1888Year Founded
IPOCompany Stage
HealthcareIndustries
10,001+Employees

Risks

Departure of key leader Dr. Adamson may affect Abbott's Heart Failure division.
Integration challenges with Medtronic could impact glucose monitor-insulin pump rollout.
Thermo Fisher's microfluidics expansion may increase competition for Abbott.

Differentiation

Abbott integrates continuous glucose monitoring with automated insulin delivery systems.
Abbott's microfluidic devices streamline diagnostic processes efficiently.
Abbott's neuromodulation products target specific nervous system areas for chronic pain relief.

Upsides

Microfluidic technology offers cost-effective solutions in diagnostics.
Strategic partnerships like Abbott-Medtronic enhance product offerings and market reach.
Significant investments indicate strong market confidence in Abbott's healthcare solutions.

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