Junior Financial Analyst

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 115,000 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 [Register to View] target="_blank">Freedom 2 Save student debt program and [Register to View] target="_blank">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

This position works out of our Abbott Park, IL location in the International Finance Organization.

The main responsibilities for the Junior Financial Analyst in the Americas Hub is to perform accounting related work and review journal entries and reconciliations performed by the Shared Service Third Party colleagues. The Jr. Financial Analyst will serve as liaison between our Share Service Third Party provider, FP&A and CFS and drive process improvements.

What You'll Work On:

Support the day to day accounting operations for the region across captive and outsourced teams, ensuring effective and efficient delivery of shared service activities, to agreed service levels.

• Review and approve Third Party Shared Service Accounting journal entries and account balance reconciliations and complete the monthly financial close process.

• Prepare Hub journals entries, account balance reconciliations, and intercompany billing in accordance with Accounting rules and regulations

• Successfully navigate SAP to view documents and account balances, run reports, analyze purchase orders invoices, and utilize SAP data for analytics.

• Efficiently complete Microsoft Excel spreadsheets including pivot tables, vlookups, conditional formatting, and analysis of data.

• Identify and implement opportunities for continued improvement and simplification of financial and business processes.

• Liaise with FP&A, CFS, and other Americas Hub team members to execute the financial close, provide guidance, and work together to improve processes.

• Ensure compliance with internal controls and provide support for SOX and audits.

• Ensure compliance with policies and procedures including CFMs.

• Operate independently within a varied and changing scope of responsibilities under some supervision.

• Processing expat payroll and coordinate related accounting with affiliates

• Perform intercompany analysis and support variance clearing

• Complete special projects as assigned.

Required Qualifications:

• Bachelor's degree in Accounting/Finance and/or Business or equivalent experience

• 0+ years experience required, 1-2 years of related work experience preferred

• Prior experience in Shared Services preferred.

• Strong system knowledge, problem solving skills and intercompany accounting knowledge preferred.

* 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: [Register to View] target="_blank">[Register to View]

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.

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