An Accounting Manager manages the accounting department of a company or organization. Directs the accounting staff that prepare financial statements and business activity and forecasting reports and tax filings. Monitors accounting data. Implements and manages accounting policies and procedures. Advises management with regard to finance decisions.
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 115,000 colleagues serve people in more than 160 countries.
JOB DESCRIPTION
Working at Abbott At Abbott, you can do work that matters, grow, and learn, care for yourself and your 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. Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year. An excellent retirement savings plan with a 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 worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists. The Opportunity We have an opportunity for a Manager in our Abbott Park, IL location. As the Manager Deferred Margin that will be responsible for managing and reporting of global deferred margin with an annual P&L transaction value of $12+ billion and balance sheet value of $2 billion, representing over 90 Abbott affiliates across all Abbott divisions.
What You'll Work On:
ELIMINATION & CONSOLIDATION
Manage the intercompany elimination and consolidation for inventory, service equipment, and spare parts (income statement and balance sheet) for the One Margin process as well as the legacy Abbott divisions ADD, AMD, APOC, and
ADC RECONCILIATIONS
Manage the monthly One Margin intercompany elimination reconciliations and communicate issues/results to the affiliates/divisions and upper management
PROCESS IMPROVEMENT
Develop and implement process improvements to enhance templates and tools for intercompany reporting
LBE:
Review LBEs and other financial forecasts (e.g. exchange flexes) for margin, exchange on margin billed
SUPPORT DIVISIONS/TAX
Provide support in division and tax processes, exchange impacts, and margin by source
FINANCIAL CONTROLS
Ensure that all financial controls are in place and maintained throughout the year. Liaise with external and internal auditors for SOX and other audit issues
LEADERSHIP
Build, motivate, develop and direct professional finance staff
Required Qualifications:
Bachelors degree in Accounting or Finance strongly recommended. CPA highly desirable Minimum of 7 years of relevant experience required including 5+ years supporting Consolidations, Financial Reporting and/or international operations SAP technical knowledge including familiarity with material ledger automated postings, master data, and product movements Experience in dealing with international accounting issues, including exchange and entity planning, transfer pricing, tax and treasury
Preferred Qualifications:
Complex problem solving capabilities Ability to work under pressure, consistently meet deadlines and direct activities on several projects at one time 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. The base pay for this position is $113,300.00 - $226,700.00 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 ADDITIONAL LOCATIONS
WORK SHIFT:
Standard TRAVEL:
Not specified
MEDICAL SURVEILLANCE
No
SIGNIFICANT WORK ACTIVITIES
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 Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential — because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions — across the spectrum of health, around the world, for all stages of life. Whether it's next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health. The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of life's greatest health challenges. We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings. An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.
