Accounting and Reporting 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. 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. Our location in Lake Forest, IL currently has an opportunity for an Accounting and Reporting Supervisor in our division headquarters group. 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 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 Afinion. The ARDx Accounting and Reporting Supervisor performs accounting activities that require an understanding of accounting and operational aspects of the finance and accounting systems. ARDx is utilizing the legacy Alere HFM financial consolidation system and SAP system and this position is instrumental in ensuring accurate and timely submissions of actuals to Abbott Corporate. To succeed in this position, the candidate should be well-organized and possess strong leadership, analytical, communication, financial systems, and excel skills. What You'll Work On Execute timely and accurate financial activities in support of business partners. Responsible for ARDx assigned entity month-end closing activities, including, journal entry preparation, account analysis, intercompany transfers and account reconciliations. Assist in preparation of ARDx and Abbott Corporate Management monthly financial reporting packages. Assist in the preparation of assigned entity Statutory Audits Ensure compliance with SOX, internal controls, Abbott Corporate and division/department specific policies and procedures Provide support for internal and external audits and Corporate Tax requests Maintain and update Standard Operating Procedures for assigned activities. Operate independently, be flexible in changing environment and challenge the status quo. Perform configuration and testing related to existing or new processes/implementations as needed. Participate in ARDx process improvement reviews across current finance structure, identify areas requiring change and support the change process. Support all Company initiatives and ad-hoc requests as identified by ARDx management. This role supervises 1 person. Required Qualifications 5-7 years progressively responsible accounting and reporting experience Experience with large ERP system; SAP preferred Strong Microsoft skills, including use of pivot tables, vlookups and analysis of data using Excel, some VBA macros knowledge helpful Bachelor's degree in Accounting or Finance (or similar) Preferred Qualifications Ability to work within a team and as a supervisor and an individual contributor in a fast-paced, changing environment. Experience working in a broader enterprise/cross-division business unit model preferred. 1+ years' experience working in a highly matrixed and geographically diverse business environment. 1+ years' knowledge of accounting regulations of operational accounting issues. Ability to leverage and/or engage others to accomplish projects. Demonstrated strong verbal and written communications with ability to effectively communicate at multiple levels in the organization. Multitasks, prioritizes and meets deadlines in timely manner. 1+ years' mentor or management experience. CPA preferred but not 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: ( 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 , on /Abbott and on Twitter @AbbottNews and @AbbottGlobal. The base pay for this position is $83,000.00 - $166,000.00. In specific locations, the pay range may vary from the range posted. An Equal Opportunity Employer Abbot welcomes and encourages diversity in our workforce. We provide reasonable accommodation to qualified individuals with disabilities. To request accommodation, please call or email

Created: 2024-11-05