SOX Program Leader

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:

About Abbott

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

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

This position is an on-site opportunity in Corporate Finance in Lake County, Illinois. As Sarbanes-Oxley (Sox) Program Leader, you will have overall responsibility for managing, coordinating, and overseeing Abbott’s compliance with Sox Section 404 and Abbott’s annual assessment of internal control over financial reporting which require Abbott to maintain, document and test applicable controls. The position meets periodically with Abbott’s executive Sox Steering Committee. It also interacts with personnel across Divisions and Corporate functions up through senior financial and IT management, and with Abbott's external and internal auditors.

This position will lead, oversee, and monitor Sox Program Management Office (PMO) functions including: Sox program scoping, planning and scheduling; communication with divisions and Corporate functions; maintaining and updating program tools and processes; conducting training; monitoring program schedule; managing external auditor requests; providing support for Division questions/requests; reviewing internal control deficiencies; providing guidance for evaluation and remediation of deficiencies; monitoring remediation activities; determination of readiness for review by internal and external auditors; and communication of applicable matters to senior management.  

What You'll Do

• Lead, manage, and support a direct team of three Sox PMO managers and an indirect/functional team of management personnel with Sox oversight roles across multiple divisions and Corporate functions.
• Manage completion of annual Division and Corporate function scoping activities in a timely and thorough manner. Identify and analyze relevant matters that could impact Sox scope. Obtain Division and Corporate senior financial/IT management approvals on proposed scope.
• Determine the Sox scope impact of changes to financial processes and IT systems including those resulting from business combinations and other organizational changes.
• Serve as primary Corporate resource for technical guidance on Sox Section 404 and Abbott Sox program requirements. Determine Abbott Sox approach to address new or updated accounting standards, Corporate policies, and auditing standards as well as other changes that impact controls.  Ensure alignment with senior management objectives.
• Manage program schedule to ensure deliverables are met (includes Division deliverables to PMO and PMO/Division deliverables to auditors).
• Monitor quality of controls and control documentation, and ensure compliance with Abbott Sox program standards.
• Evaluate control deficiencies. Provide guidance and communicate expectations for remediation. Monitor and manage remediation efforts.
• Manage completion of documentation and testing of Abbott’s Corporate Control Environment.
• Pr