Manager, Finance Accounting & Reporting

Abbott • Chicago, IL

3d • $113,300 - $226,700 • Onsite

About The Position

Manager, Finance Accounting & Reporting at Abbott Park, IL. This role is 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.

Requirements

• 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

Nice To Haves

• Complex problem solving capabilities
• Ability to work under pressure, consistently meet deadlines and direct activities on several projects at one time

Responsibilities

• 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
• Manage the monthly One Margin intercompany elimination reconciliations and communicate issues/results to the affiliates/divisions and upper management
• Develop and implement process improvements to enhance templates and tools for intercompany reporting
• Review LBEs and other financial forecasts (e.g. exchange flexes) for margin, exchange on margin billed
• Provide support in division and tax processes, exchange impacts, and margin by source
• 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
• Build, motivate, develop and direct professional finance staff

Benefits

• 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
• FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager