Senior Accountant at Abbott

North Chicago, Illinois, United States

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

HealthcareIndustries

Requirements

Bachelor's degree in Accounting/Finance and/or Business or equivalent experience
4+ years related work experience
Proficient in Excel

Responsibilities

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)
Provide on the job training (OJT) as necessary for new Shared Service Third Party activities
Maintain Standard Operating Procedures for Hub activities
Complete 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

Skills

Journal Entries

Reconciliations

Month End Close

Process Improvements

Accounting

Financial Reporting

Shared Services

FP&A

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.

Land your dream remote job 3x faster with AI

Try Jobo Free