Posted:
8/28/2024, 8:37:56 AM
Location(s):
Illinois, United States ⋅ Elgin, Illinois, United States
Experience Level(s):
Expert or higher ⋅ Senior
Field(s):
Finance & Banking
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
Our Corporate Treasury Team located in Lake Bluff, Illinois, currently has an opportunity for a Manager, Treasury - Financial Planning and Analysis.
What You Will Do:
Primary function is the Global Treasury consolidation reporting and analysis for actual and planning cycles. In addition, this position is responsible for daily and ad-hoc support of International Treasury Operations and support as required by the Director of Capital Markets and Senior Manager GTO.
Additional responsibilities include:
Coordinate timely preparation and consolidation of monthly reporting and commentary including identification of key business and market insights, risks and opportunities to include: FLASH- Monthly Actuals, LBE- (Latest Best Estimate), Senior management presentations
Participate in Interest Rate SWAP analysis, Debt issuance transactions, debt paydowns and other Treasury transactions, as well as Cash Flow modeling and other strategic analysis.
Ensure compliance with external reporting requirements and documentation support, including preparation and consolidation of quarterly reporting and commentary: Earnings Release Packages for CFO and CFR, supporting schedules for Corporate Financial Reporting to include:
Credit Rating modeling and analysis and comparison to Abbott peer companies within the Medtech sector
Coordinate preparation, review, and issuance of debt related 10K/10Q footnote support schedules
Maintain Global Treasury calendar
Lead internal processes to support Sarbanes-Oxley Activities
Preparation and consolidation of support for Board Package
Lead Treasury OEM process, consolidation, and collection of assumptions
Liaise with Corp FP&A and CFR and field questions and coordinate responses on Actuals and forecast submissions
Ad-hoc reporting and analysis as requested
Education and Experience You Will Bring:
Required
Education - Bachelor’s degree in Accounting, Finance or closely related field.
Experience Reporting – Accounting/Finance 5 - 8 years minimum
Position requires individual to quickly identify variances to benchmark data and seek an understanding of variances. Individual must be able to lead activities and drive towards resolution even when unanticipated situations arise. Must be mindful of due dates and anticipate deviations to them.
2-4 years of Supervisory experience managing direct reports in a Finance role.
Preferred
CPA and/or MBA is preferred.
The ability to work independently, lead processes, and demonstrate analytical/problem-solving skills is imperative. Experience consolidating global results is desired. This position requires excellent communication skills and must work well cross functionally. Strong experience with Excel, HFM and SAP is required.
* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal
The base pay for this position is
$95,000.00 – $190,000.00In 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