Manager Treasury

Posted:
6/9/2025, 5:00:00 PM

Location(s):
Chicago, Illinois, United States ⋅ Illinois, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Finance & Banking

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 will have access to: 

  

Career development with a global company where you can grow the career of your dreams. 

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; our affordable and convenient path to getting a bachelor’s degree. 

A company named one of the most admired companies in the world by Fortune Magazine and recognized as a great place to work in dozens of countries around the world. 

A company 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 

Based in our corporate headquarters in Abbott Park, IL we have an opportunity for a Treasury Manager within our Global Treasury Operations team. This position reports to the Senior Director, Corporate Treasury and is a great opportunity for a detail oriented Treasury professional with strong treasury skills.  Position is part of a 3-year Treasury Manager Development program encompassing 3 Treasury Manager roles. 

What You Will Work On: 

 

Daily cash management for in-house bank including funding of intercompany loan program transactions and third-party investment management 

Support short and long term cash forecasting and rolling LBE process to ensure proper financial liquidity including interest rate forecasting and risk analysis 

Manage bank fee budget forecasting, rolling LBE process and actuals reporting.  Develop and execute bank fee reduction strategies. 

Evaluate and recommend investment options and financial instruments that will meet the organization’s treasury objectives in compliance with Corporate Financial Policy. 

Establish and maintain positive, ongoing relationships with the external financial partners 

Month-end close and reporting activities for in-house bank entity 

Provide backup support to US Cash Manager 

Manage Share Repurchase Program and execution per management direction and approval 

Timely completion of month-end reporting for Shareholder Services activities 

Manage corporate dividend payment process and timely execution of dividend funding  

Closely work with Benefits and Executive Compensation on managing financial incentive programs 

Maintain close working relationship with Investor Relations and Talent Acquisition Groups 

Identify and co-ordinate operational improvements 

Lead bank account automation projects as required 

Facilitate Treasury activities, including payment processing 

Perform daily cash reconciliations 

Manage confirmation and settlement of FX transactions  

Maintain bank account controls and documentation 

Lead business compliance with Treasury Financial Policies 

Manage and coordinate netting process activities 

Assist with Sarbanes-Oxley and Audit activities 

Assist management with acquisition, integration and divestiture special projects  

Serve as a liaison between Treasury, IT and numerous business organizations 

Provide ad-hoc support to all groups for Treasury related activities 

Manage SWIFT global implementation 

Maintain robust business process procedures 

Manage direct reports 

 

Required Qualifications: 

Bachelor’s degree in accounting, business, or finance required. MBA or advanced degree in business, finance or management preferred 

Experience in Corporate Treasury, Corporate Accounting, Corporate Finance or Commercial/Investment Banking (7 – 10 years) 

Effectively manage complex projects from start to finish (organized and detail-oriented) 

Collaborate well in a team environment (interpersonal skills) 

Experience with MS Office, SAP Treasury, and TMS strongly preferred. 

     

The base pay for this position is

$97,300.00 – $194,700.00

In specific locations, the pay range may vary from the range posted.

     

JOB FAMILY:

Treasury

     

DIVISION:

FIN Corporate Finance

        

LOCATION:

United States > Abbott Park : AP06A

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:

Standard

     

TRAVEL:

Not specified

     

MEDICAL SURVEILLANCE:

Not Applicable

     

SIGNIFICANT WORK ACTIVITIES:

Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

     

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

     

EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf

     

EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf

Abbott

Website: https://abbott.com/

Headquarter Location: Illinois City, Illinois, United States

Employee Count: 1001-5000

Year Founded: 1944

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: Biotechnology ⋅ Emergency Medicine ⋅ Genetics ⋅ Health Care ⋅ Health Diagnostics ⋅ Manufacturing ⋅ Medical ⋅ Medical Device ⋅ Nutrition ⋅ Pharmaceutical