Work in Illinois Jobs

Illinois Job Link Logo

Job Information

Abbott Financial Analyst, ADD CoE in Lake Forest, Illinois

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.

ABOUT ABBOTT DIAGNOSTICS:

The key to successful treatment and full recovery is often fast, accurate diagnosis. Abbott’s life-changing tests and diagnostic tools provide insights that enable smarter, faster decisions and transform the way the world is managing health.

Our pioneering technology spans the world of healthcare operations — with medical diagnostic instruments, tests, automation and informatics solutions for hospitals, reference labs, blood centers, emergency departments, physician offices and clinics.

The ADD DHQ Center of Excellence is a best in class FP&A organization that drives standardization and efficiencies across ADD, provides insightful and value-added analytics, and serves as a talent pipeline into the division. The Center of Excellence is responsible for the preparation and analytical review of cost center budgets and other standard financial reports, spanning across Commercial, DHQ, IT, Marketing, and R&D organizations for LBE's and confirmations. Analytical review includes understanding of the key causals that drive change versus multiple benchmarks. On-going process initiatives are also required to improve and strengthen financial processes, procedures, and systems supporting these areas of responsibility.

Our location in Lake Forest , Illinois currently has an opportunity for a Financial Analyst, ADD COE .

Main responsibilities include :

  • Preparation and Consolidation of monthly reporting packages for senior management and Corporate

  • Assist with the preparation and consolidation of LBE and Plan reporting packages

  • Assist with the preparation and consolidation of Board of Director meeting financial packages

  • Provide updates for Corporate Officer’s goal setting and goal grading

  • Maintain the ADD Chargeback Reserve, including but not limited to calculating and recording monthly journal entries, reconciling monthly Chargeback files and resolving any discrepancies, and ensuring payments are made on a timely basis

  • Prepare monthly Over Time reports for US commercial team

  • Process quarterly rebate payments for blood testing customers

  • Assist DHQ team with consolidation of LBE (latest best estimate) forecast

  • Ensure all deadlines are met with accurate schedules and on time submissions to appropriate organizations

  • Interaction with multiple levels of management, both finance and operational

  • Financial modeling with extensive use of Excel

  • Other activities including ad hoc reporting, identification and implementation of process improvements and other special projects as needed

EDUCATION AND EXPERIENCE YOU’LL BRING

Required:

  • Bachelor’s degree required; preferably in Accounting or Finance

  • 2-6 years finance or accounting experience.

  • Strong Excel skills

  • Strong analytical and problem-solving skills as well as attention to detail

  • Ability to work independently and with senior management

  • Excellent oral and written communication 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

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 224-667-4913 or email corpjat@abbott.com

DirectEmployers