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.
Our location in Abbott Park, Illinois currently has an opportunity for a Jr. Financial Analyst.
The main responsibilities for the Analyst in the Americas Hub is to perform accounting related work and review journal entries and reconciliations performed by the Shared Service Third Party colleagues. The Analyst will serve as liaison between our Share Service Third Party provider, FP&A and CFS and drive process improvements.
WHAT YOU'LL DO
Support the day to day accounting operations for the region across captive and outsourced teams, ensuring effective and efficient delivery of shared service activities, to agreed service levels. Complete special projects as assigned.
Core Job Responsibilities:
Review and approve Third Party Shared Service Accounting journal entries and account balance reconciliations and complete the monthly financial close process.
Prepare Hub journals entries, account balance reconciliations, and intercompany billing in accordance with Accounting rules and regulations
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.
Identify and implement opportunities for continued improvement and simplification of financial and business processes.
Liaise with FP&A, CFS, and other Americas Hub 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 audits.
Ensure compliance with policies and procedures including CFMs.
Operate independently within a varied and changing scope of responsibilities under some supervision.
Processing expat payroll and coordinate related accounting with affiliates.
Perform intercompany analysis and support variance clearing.
EDUCATION AND EXPERIENCE YOU'LL BRING
Associates degree in Accounting/Finance and/or Business or equivalent experience
2-3 years related work experience
Prior experience in Shared Services preferred
Strong system knowledge, problem solving skills and intercompany accounting knowledge preferred
WHAT WE OFFER
At Abbott, you can have a good job that can grow into a great career. We offer:
Training and career development, with onboarding programs for new employees and tuition assistance
Financial security through competitive compensation, incentives and retirement plans
Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
Paid time off
401(k) retirement savings with a generous company match
The stability of a company with a record of strong financial performance and history of being actively involved in local communities
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.
Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal
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.