Abbott Logo

Abbott

Accounting and Reporting Supervisor

Reposted 4 Days Ago
Be an Early Applicant
Lake Forest, IL
85K-171K Annually
Senior level
Lake Forest, IL
85K-171K Annually
Senior level
The Accounting and Reporting Supervisor oversees financial activities, ensures accurate reporting and compliance, and supports audits within the Abbott Rapid Diagnostics division. Strong analytical and leadership skills are required.
The summary above was generated by AI

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.

     

JOB DESCRIPTION:

Rapid Diagnostics' Accounting and Reporting Supervisor

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!

  • Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.

  • 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 Rapid Diagnostics’ division headquarters group. Abbott’s 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 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 Abbott’s HFM financial consolidation system and Cadency close-the-books enabling technology, as well as ARDx’s SAP system and this position is instrumental in ensuring accurate and timely submissions of actuals to Abbott Corporate.  In addition, this role is heavily involved in further integrating and transforming Alere into the Abbott systems and processes.

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 for ARDx Headquarter affiliates, including US and OUS operating and holding entities.

  • 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.

  • 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 in  Manila, Philippines.

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.

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

$85,300.00 – $170,700.00

In specific locations, the pay range may vary from the range posted.

     

JOB FAMILY:Financial Planning and Analysis

     

DIVISION:RMDx Rapid and Molecular Diagnostics

        

LOCATION:United States > Lake Forest : J55

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:Standard

     

TRAVEL:Yes, 5 % of the Time

     

MEDICAL SURVEILLANCE:Not Applicable

     

SIGNIFICANT WORK ACTIVITIES:Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

     

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

Top Skills

Excel
Hfm
SAP

Similar Jobs

23 Days Ago
Park City, IL, USA
85K-171K Annually
Mid level
85K-171K Annually
Mid level
Healthtech
This role involves supervising the Fixed Asset Team, ensuring accurate fixed asset transactions, compliance with accounting standards, and leading process improvements.
Top Skills: GaapIfrsMicrosoft Office SuiteOraclePower BISAP
23 Days Ago
Chicago, IL, USA
65K-100K Annually
Entry level
65K-100K Annually
Entry level
Big Data • Fintech • Mobile • Payments • Financial Services • Data Privacy
The Private Wealth Management Specialist supports Financial Advisors in various specialized functions such as business management and investment management, providing quality client service and operations support.
Top Skills: Business DevelopmentBusiness ManagementInvestment ManagementWealth Management
8 Days Ago
15 Locations
111K-197K Annually
Senior level
111K-197K Annually
Senior level
Cloud • Fintech • HR Tech
The Senior Financial Integration Consultant leads financial software implementation projects, ensuring successful integration, consulting with clients, and mentoring juniors while managing multiple project deliverables.
Top Skills: ErpFinancial IntegrationWorkday

What you need to know about the Los Angeles Tech Scene

Los Angeles is a global leader in entertainment, so it’s no surprise that many of the biggest players in streaming, digital media and game development call the city home. But the city boasts plenty of non-entertainment innovation as well, with tech companies spanning verticals like AI, fintech, e-commerce and biotech. With major universities like Caltech, UCLA, USC and the nearby UC Irvine, the city has a steady supply of top-flight tech and engineering talent — not counting the graduates flocking to Los Angeles from across the world to enjoy its beaches, culture and year-round temperate climate.

Key Facts About Los Angeles Tech

  • Number of Tech Workers: 375,800; 5.5% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Snap, Netflix, SpaceX, Disney, Google
  • Key Industries: Artificial intelligence, adtech, media, software, game development
  • Funding Landscape: $11.6 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Strong Ventures, Fifth Wall, Upfront Ventures, Mucker Capital, Kittyhawk Ventures
  • Research Centers and Universities: California Institute of Technology, UCLA, University of Southern California, UC Irvine, Pepperdine, California Institute for Immunology and Immunotherapy, Center for Quantum Science and Engineering

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account