Posted:
9/27/2024, 9:07:53 AM
Location(s):
Chicago, Illinois, United States ⋅ Illinois, United States ⋅ Lake Bluff, Illinois, United States
Experience Level(s):
Senior
Field(s):
Accounting
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 opportunity for a Senior Manager, International Tax located in either our Willis Tower, Chicago, IL or Abbott Park, IL location.
WHAT YOU'LL WORK ON:
Key leadership role in the preparation, review, and filing of U.S. international tax returns, including identifying transactions that have tax ramifications.
Apply knowledge of recent tax reform concepts (GILTI, FDII, BEAT, etc.), as well as foreign tax credit and subpart F concepts, to assist in meeting the reporting requirements of the Company’s OUS operations.
Proactively research complex tax issues and be proficient in interpreting and applying the tax law, regulations, and cases to specific transactions and factual situations.
Review and development of complex tax models using Microsoft Excel.
Key leadership role in managing the company’s global tax compliance requirements.
Assist in the preparation and review of the annual and quarterly tax provision processes, including review and analysis of OUS tax provisions, analysis of tax accounts and reserves using Longview tax provision software. This includes in-depth knowledge of ASC 740 tax accounting and other necessary FASB pronouncements, as well as internal controls.
Critical role in tax audits, including providing information and research findings. Major player in strategy development, as it relates to specific issues and positions in the tax returns.
Apply highly advanced tax knowledge to support business needs. Considered an expert in the field and acts as an advisor to management. Contribute significantly to the development of new concepts, techniques and standards. Must be highly proficient in section 861 concepts, specifically as applied to foreign tax credits and FDII.
Provide leadership to direct reports. Demonstrate expertise in ability develop and train direct report(s). Promote an environment that encourages ongoing learning.
POSITION ACCOUNTABILITY/SCOPE:
Reports to Director International Tax. Has responsibility for direct reports(s). Key contact for senior management throughout the tax and finance organization.
REQUIRED QUALIFICATIONS:
Minimum of 8 years of international tax experience. Public Accounting or Fortune 500 corporate tax experience preferred.
B.A./B.S. in Accounting/Finance required. CPA and/or MST preferred, but not required.
The base pay for this position is
$125,300.00 – $250,700.00In specific locations, the pay range may vary from the range posted.
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
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