Senior Financial Analyst

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 114,000 colleagues serve people in more than 160 countries.

     

JOB DESCRIPTION:

Senior Financial Analyst, this position is onsite in San Juan, Puerto Rico.

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 family, be your true self and live a full life. You will have access to:

• Career development with an international company where you can grow the career you dream of.

• Health Insurance (starting on Day 1 of employment), Savings Plan (401K) with company match, Life insurance for you and your spouse/children, Short Term Disability, Long Term Disability, Education Assistance, Employee Assistance Program, Vacation, Sick, Personal Days.

• A company recognized as a great place to work in dozens of countries around the world 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 a best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

This position is based in San Juan, Puerto Rico for our International Finance Operations Division.

As Senior Financial Analyst will be responsible for supporting affiliate adherence to the Generally Accepted Accounting Principles (GAAP) and Abbott policies and procedures. The incumbent is responsible for performing the day- to-day general ledger accounting, financial reporting and analysis for assigned functional areas. The position supports the month end closing activities, payroll, treasury, and tax compliance related activities. Prepare or assist in the preparation as the case may be of Federal and Puerto Rico Corporation Income Tax Returns, Corporation Property Tax Returns, Municipal Volume of Business Declarations, Corporation Annual Reports, Monthly Excise Tax Returns, Sales and Use Tax Returns, and other government compliance required filings. Ensure that Abbott Puerto Rico Operations comply with periodic tax payments, information reporting, and other tax authority requirements.

What You’ll Do

• Assist local management in the financial analysis, and explanation of variances from predetermined departmental budgets.

• Perform general accounting complying with company policies and GAAP.

• Ensure monthly/quarterly/yearly results are prepared timely and accurately.

• Assistance to the general accounting group in the compilation and integrity of financial data including gathering, approvals, processing and auditing of accounting transactions.

• Responsible for all Abbott PR entities payroll, employee benefits, and treasury related accounting transactions. Participate and assists in the preparation of monthly D.1.1, D.56 reporting and financial statements packages.

• Assist in the tax compliance work for all Abbott Puerto Rico entities: Prepare corporation income tax returns, volume of business declarations, corporation annual reports, corporation property tax returns, excise tax returns, sales and use tax returns, estimated tax payments, and other government required filings.

• Ensure that compliance returns and the related payments are filed with tax authorities within the established deadlines. Calculate income tax provisions and deferred taxes for Abbott Puerto Rico entities. Interact with external and internal auditors. Support related requests.

• Perform balance sheet account reconciliations, account analysis, accrual calculations, and other related accounting documents/schedules. Provides information to and support special requests from internal customers/ Abbott divisions as required.

• Cross train as back-ups for other finance staff. Conduct finance related special projects as required

Required Qualifications

• Bachelor's degree in business administration with Major in Accounting.

• 6 years of experience in a similar role. Additional 2 years of experience in taxes and 2 years of experience in general public accounting.

• Strong interpersonal and communicatio