Accounting Supervisor

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:

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’ll also have access to:

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

•        Free medical coverage for employees* via the Health Investment Plan (HIP) PPO

•        An excellent retirement savings plan with 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 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:

We have an immediate opening for an Accounting Supervisor in our Abbott Park, IL location.

As the Accounting Supervisor, Abbott Nutrition (AN) Corporate Financial Services (CFS) Record to Report (RTR) you will be supporting ANHQ from an Actuals reporting perspective providing a leading role in month, quarter and year ended closing preparation of Financials due both the AN controller group and Corporate Financial Reporting (CFR). This includes preparing journal entries in SAP and HFM including all required Cash Flow Webform submissions, as well as account balance reconciliations and other analysis supporting the Nutrition division.

In addition, this position performs all accounting related to AN Restructuring events including journals to establish reserves, tracking of severance charges and Specified reporting to CFR. This position also is the Single Point of Contact (SPOC) for AN Finance supporting CCI/HFM from an administrative and trouble-shooting perspective.

The Accounting Supervisor will assist ANHQ FP&A team with various reporting requests, including  Quarterly Revenue Recognition and biannual US Domestic Shipping Lag Validation.

What You'll Work On:

• Supervise, develop, and coach direct-reporting 2 finance professionals.

• Track and report on product flows from OUS manufacturing sites, and post TCGM credits to US and Puerto Rico/Caribbean entities.

• Be the liaison between Accounting, Shared Services and Finance teams.

• Prepare and build AN Controller Profit Review package.

• Prepare and build Monthly Reporting Package due CFR.

• Build Supplemental Reporting Package (SRP), and Supplemental & Restructuring Rollforward packages due CFR.

• Organize, prepare, and build Year Ended SRP package due CFR.

• Prepare Quarterly A/R Reserve Rollforward due CFR.

• ANHQ Journal entry submission in SAP & HFM.

• Lead for AN Restructuring Accounting

• Lead for AN Specified Reporting.

• Track and report on product flows from OUS manufacturing sites, and post TCGM credits to US and Puerto Rico/Caribbean entities.

• AN IDV (interdivisional charges) Oversight and Business Contact

• ANPD Revenue Reporting, various as discussed in job description.

• SOX, biannual US Domestic Shipping Lag Validation

• Utilize MS-Office, SAP, Cadency, CCI/HFM (read/write), SmartView Excel add-in, Host Analytics Core & Spotlight Excel-add-in, Cognos, Adobe Pro (for package builds)

• Maintain Standard Operating Procedures

• Ensure compliance with internal controls and provide support for SOX and internal audit.

• Ensure compliance with policies and procedures including CFMs.

• Elevate issues and recommend solutions.

• Operate independently within a varied and changing scope of responsibilities under some supervision.

• Complete special projects as assigned.