Senior Accountant

Abbott

13d • Onsite

About The Position

The Senior Accountant will join the Fixed Asset team within the US Center of Excellence (COE). This role owns end-to-end fixed asset accounting activities, ensuring accurate capitalization, depreciation, transfers, and disposals in compliance with company policies, GAAP/IFRS, and internal control requirements. The Senior Accountant serves as a subject matter expert (SME) within the Fixed Assets COE, partners cross-functionally across divisions, supports audits, and drives continuous process improvement and automation initiatives while providing guidance to junior team members and contractors.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• 4+ years of progressive accounting experience
• Strong knowledge of GAAP and/or IFRS.
• Hands-on experience with ERP systems (SAP preferred).
• Advanced proficiency in Microsoft Excel.

Nice To Haves

• CPA or equivalent professional certification.
• Experience in a shared services or Finance COE environment.
• Strong analytical, organizational, and communication skills.
• Experience supporting SOX controls, audits, and finance improvements initiatives.

Responsibilities

• Own end-to-end fixed asset accounting processes, including asset additions, transfers, disposals, impairments, retirements, and capitalization reviews.
• Ensure accurate and timely monthly, quarterly, and annual depreciation processing, reconciliations, and close activities.
• Maintain integrity of the fixed asset subledger and ensure alignment with the general ledger.
• Prepare, review, and approve journal entries, accruals, reclassifications, and account reconciliations related to fixed assets.
• Perform balance sheet and variance analyses; identify and resolve discrepancies.
• Ensure compliance with corporate accounting policies, GAAP/IFRS requirements, and internal control standards, including SOX.
• Support internal and external audits by preparing documentation and responding to audit inquiries.
• Support and participate in annual physical asset verification and tagging activities.
• Act as an SME for fixed asset accounting policies, procedures, and system functionality (SAP preferred).
• Lead and support process improvement, standardization, and automation initiatives.
• Partner with cross-functional teams to ensure appropriate capitalization and accounting treatment for capital projects.
• Support system enhancements and policy updates related to fixed asset accounting.
• Provide guidance and mentoring to staff accountants and contractors on fixed asset processes and best practices.
• Coordinate with Shared Services, COE teams, and divisional stakeholders.
• Prepare and present reports and analyses for management review.

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

What This Job Offers

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