Division Headquarters Accounting Manager

Posted:
8/19/2024, 5:00:00 PM

Location(s):
Florida, United States ⋅ Illinois, United States ⋅ Orlando, Florida, United States ⋅ Lake Forest, Illinois, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Accounting

Workplace Type:
Remote

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:

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, nutritional's, and branded generic medicines. Abbott Rapid Diagnostics (ARDx) manufactures fast, accurate and reliable rapid diagnostic testing that are vital in emergency rooms, critical care centers and other situations where treatment decisions need to be made quickly provides immediate, actionable results, right where you need them. ARDx is comprised of the legacy Alere, Inc. business units that provide lateral flow rapid testing products in the area of infectious diseases; molecular point-of-care testing; cardiometabolic testing; toxicology business for drug and alcohol testing; and consumer remote patient monitoring and self-testing.  Our testing platforms include BinaxNOW, Panbio, ID NOW, and Aninion.

WHAT WE OFFER

At Abbott, you can have a good job that can grow into a great career. We offer:

  • Training and career development, with onboarding programs for new employees and tuition assistance
  • Financial security through competitive compensation, incentives, and retirement plans
  • Health care and well-being programs including medical, dental, vision, wellness and occupational health programs.
  • Paid time off
  • 401(k) retirement savings with a generous company match
  • The stability of a company with a record of strong financial performance and history of being actively involved in local communities.

Our team in Lake Forest, IL has an opening for a Financial Reporting Manager. This role will be responsible for managing the successful delivery of monthly/quarterly global consolidated financial results for ARDx. 

The ARDx DHQ Accounting Manager is a critical role in the delivery of monthly/quarterly global consolidated financial results for ARDx.  This role reports to the Senior Director, Accounting and Reporting and is responsible for division headquarters accounting and ARDx global reporting of the monthly and quarterly consolidated financial results.  ARDx utilizes Abbott’s HFM financial consolidation system and the ARDx SAP system and this position is instrumental in ensuring accurate and timely submissions of actuals to Abbott Corporate.  In addition, this role is heavily involved in further integrating Alere into the Abbott systems and processes.  To succeed in this position, the candidate should be well-organized and possess strong leadership, analytical, communication, financial systems, and excel skills.  This role is based in Lake Forest, IL and supervises direct and indirect staff in Lake Forest, IL and in Manila, Philippines. 

In addition to formal financial processes, this individual will be responsible for providing accounting support and guidance, ad-hoc requests and will interact with finance professionals across all business units, organizations, and senior management.

WHAT YOU’LL DO

  • Ensure that Corporate and Divisional deadlines are met for Actuals reporting, and that the Division’s financial statements are accurately stated.
  • Responsible for accounting, reporting, and managing the close process each month for 20 ARDx Headquarter affiliates, including US and OUS operating and holding entities.
  • Consolidation of the total ARDx Income Statement and Balance Sheet commentary.  Coordination between ARDx FP&A, Abbott’s Corporate Financial Service, ARDx’s Global Business Services and other operating entities to ensure effective month-end close and related reporting to Divisional Management and Corporate.
  • Instruct ARDx finance teams on reporting requirements, including quarterly and year end packages that require supplemental data by entity (examples such as AR aging, contractual obligations, reserves, prepaids, accruals, pensions, leases).
  • Align with ARDx entities and coordinate with Abbott Corporate Financial Reporting on specific reporting requirements.
  • Coordinate internal and external audit and Corporate Tax requests.
  • Responsible for statutory audit reporting for 3 ARDx headquarter affiliates.
  • Assist in integrating ARDx into existing Abbott systems and processes. 
  • Work with ARDx finance management to evaluate current processes and propose improvements.
  • Compiles and analyzes financial information through preparation of reports, general ledger entries and other financial transactions.
  • Assist and support in the assessment of impact of business change initiatives.
  • Troubleshoot and laisse with entities and Business Units on any inconsistencies, tie-out issues, reporting questions, reporting changes.
  • Complete ad-hoc requests and projects as required

The qualifications listed below are representative of the minimum knowledge, skill, and/or ability required.

Required Qualifications

  • Bachelors in Accounting/Finance, Business, or Economics.
  • 8 - 12 years of relevant experience in a fast-paced work environment with frequent deadlines.
  • Ability to effectively prioritize and execute tasks.
  • Previous experience working with large amounts of data and proficiency in Excel and PowerPoint.
  • Solid accounting knowledge and strong technical systems skills with SAP and Hyperion preferred.
  • Strong verbal and written communication skills and ability to interact professionally with a diverse group of internal clients, including domestic and international entities within ARDx, CFS, and Divisional Sr. Management.
  • Flexible and well-organized with a strong attention to detail and ability to work independently as well as part of a team.
  • Reasoning - Ability to solve problems with complex variables through non-standardized solutions that require independent judgment and analysis.  Ability to draw inferences and use deductive reasoning with no prescribed procedures to solve complex problems.
  • Able to work under pressure, consistently meet deadlines and direct activities on several projects at one time.
  • Robust analytical and problem-solving skills and the capability to conduct complex data analysis.

WHAT WE OFFER

At Abbott, you can have a good job that can grow into a great career. We offer:

  • Training and career development, with onboarding programs for new employees and tuition assistance
  • Financial security through competitive compensation, incentives, and retirement plans
  • Health care and well-being programs including medical, dental, vision, wellness and occupational health programs.
  • Paid time off
  • 401(k) retirement savings with a generous company match
  • The stability of a company with a record of strong financial performance and history of being actively involved in local communities.

     

The base pay for this position is

$109,300.00 – $218,700.00

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

     

JOB FAMILY:

Financial Planning and Analysis

     

DIVISION:

RMDx Rapid and Molecular Diagnostics

        

LOCATION:

United States > Lake Forest : J55

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:

Standard

     

TRAVEL:

Yes, 10 % of the Time

     

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