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 109,000 colleagues serve people in more than 160 countries.
The key to successful treatment and full recovery is often fast, accurate diagnosis. Abbott's life-changing tests and diagnostic tools provide insights that enable smarter, faster decisions and transform the way the world is managing health.
Our pioneering technology spans the world of healthcare operations - with medical diagnostic instruments, tests, automation and informatics solutions for hospitals, reference labs, blood centers, emergency departments, physician offices and clinics.
We have an opportunity for Financial Analyst based in Charlottesville, VA . In this role, you will be responsible for the planning and analysis of the accounting, invoicing, and revenue recognition of various lines of business with Informatics. This position will also be responsible to manage the master customer database and have a solid grasp of our recurring license revenue
WHAT YOU'LL DO
Develops cross divisional revenue sharing models for leadership decision making and answers questions to obtain approvals from Senior Leadership
Collaborates across departments for resolution of order or contract issues
Discusses contract discrepancies with customers
Responsible for contract validation for license approvals in SalesForce.com
Maintains financial related documentation for all government contracts
Evaluate, escalate, or independently resolve any revenue recognition issues with orders sent to finance for processing
Record and track orders in orders database including review of expiring and pending contracts
Maintain customer relationships for strategic accounts to facilitate batch invoicing and related questions
Reconcile and maintain deferred revenue customer detail
Manages invoicing and revenue recognition for oUS intercompany contracts
Ad hoc financial analysis and development and reporting of key sales, financial and operating metrics
Reconciliation of inter-company revenue accounts
Process vendor application forms, W-9 requests, and other external communications as needed
Ensure effective internal controls, including the write up of the top two revenue recognition transactions each month, while enforcing polices/procedures that comply with US GAAP, SOX, and company policies
Work as back up for Controller on order processing approvals
EDUCATION AND EXPERIENCE YOU'LL BRING
Bachelor's Degree required with specialties in Accounting, Finance, or related field
Three to five year of accounting or related experience required
Effective knowledge of GAAP (Generally Accepted Accounting Principles)
Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity.
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 109,000 colleagues serve people in more than 160 countries.