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 109,000 colleagues serve people in more than 160 countries.
Diagnostic testing is a compass, providing information that helps in the prevention, diagnosis and treatment of a range of health conditions.
Abbott's life-changing tests and diagnostic tools give you accurate, timely information to better manage your health. We're empowering smarter medical and economic decision making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott's diagnostics instruments, providing lab results for millions of people.
Our location in Lake Forest, IL currently has an opportunity for a Senior Financial Analyst.
WHAT YOU'LL DO
Responsible for all back office functions in the BU related to Tax, Treasury, Accounting as well as distributor inventory and working capital
Lead activities related to ensuring timely and accurate financial statements and reports that are appropriate for the users and in accordance with U.S. GAAP
Develop, implement, and ensure compliance with internal financial and accounting policies and procedures
Direct oversight at BU level for maintaining, reporting and supporting affiliates financial accounting systems, accounts payable, accounts receivable, credit control and related working capital activity.
Manage the cash flow and prepare cash flow forecasts. Manage monthly Cash flow analytics (DSO, DPO, DOH) for BU
Should have sound knowledge on budgets and budgetary controls, managing forecasts/reforecasts for One Time costs and integration as per corporate timelines
Able to work with management on strategy, strategic plans and Projects.
Liason between IDEM BU Finance teams, Business unit senior leadership, and Division Finance teams.
Manage initiatives related to finance transformation
Assist in integrating into existing Abbott systems, identifying and implementing process improvements.
Lead and ensure Balance sheet analytics and reviews and support accounting policies
Manage DSO and credit analytics, review credit risk and provide recommendations for approval to ARDx DVP Finance
Recommend and ensure alignment to Revenue Recognition policy
Perform ad-hoc analyses based on needs of Finance leadership and RDx management, evaluate overall Division performance and items such as new initiatives and cost savings opportunities. Assist with preparation of management financial presentations
EDUCATION AND EXPERIENCE YOU'LL BRING
Accounting, Finance or similar degree
5-10 years' experience
Solid Analytical skills, able to model complex financial sensitivity analysis.
Solid communication and interpersonal skills
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
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 109,000 colleagues serve people in more than 160 countries.