Accounting 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.

JOB DESCRIPTION:

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your 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 a 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 worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

We have an immediate opportunity for an Accounting Supervisor in our Lake County, Abbott Park, IL location. 

We are seeking an experienced Accounting Supervisor to lead our Fixed Asset Team within the US Center of Excellence (COE) HUB and Shared Services Team. The ideal candidate will possess a strong background in accounting, exceptional leadership skills, and a proven track record of effectively managing teams.
What You'll Work On:
- Supervise and manage the Fixed Asset Team, consisting of 4 employees, ensuring accurate and timely processing of fixed asset transactions.
- Oversee the maintenance and reconciliation of fixed asset records, including acquisitions, disposals, and depreciation.
- Ensure compliance with company policies and accounting standards (GAAP, IFRS).
- Coordinate with the COE HUB and Shared Services US Team to streamline processes and improve efficiency.
- Develop and implement strategies for optimizing fixed asset management and reporting.
- Provide training, guidance, and support to team members to foster professional growth and development.
- Prepare and review monthly, quarterly, and annual fixed asset reports for management.
- Collaborate with other departments to ensure accurate and comprehensive financial reporting.
- Assist in the preparation of audit schedules and support external audits related to fixed assets.
- Identify and resolve discrepancies in fixed asset records and transactions.
- Ensure compliance with Sarbanes-Oxley (SOX) requirements and internal control procedures.
- Develop, implement, and maintain accounting policies and procedures.
- Focus on continuous improvement initiatives to enhance processes and efficiencies.
- Be responsible for the physical asset verification.
Required Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field; CPA or equivalent certification preferred.
- Minimum of 4 years of experience in accounting, with a focus on fixed assets.
- Experience with various ERP systems (e.g., SAP, Oracle).
- Experience managing teams and the ability to work across different divisions.
Preferred Qualifications:
- Proven experience in managing and leading teams.
- Strong knowledge of accounting principles and standards (GAAP, IFRS).
- Knowledge of fixed asset management best practices.
- Excellent analytical, organizational, and problem-solving skills.
- Proficiency in accounting software and Microsoft Office Suite (Excel, Word, PowerPoint).
- Strong communication and interpersonal skills.
- Ability to work collaboratively in a fast-paced, global environment.
- Experience with auditing and ensuring compliance with SOX requirements.
- Knowledge of developing and implementing accounting policies and procedures.
- Experience with various ERP systems (e.g., SAP, Oracle) and the ability to work across different divisions.
- Proficiency in Power BI for data analysis and reporting.
- Familiarity with shared services and global COE operations.
- Demonstrated commitment to company values: Company First, One Step Ahead, Play to Win, and Powered by People.

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.

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:General / Shared Services

DIVISION:IFO International Finance

LOCATION:United States > Abbott Park : AP52

ADDITIONAL LOCATIONS:

WORK SHIFT:Standard

TRAVEL:No

MEDICAL SURVEILLANCE:No

SIGNIFICANT WORK ACTIVITIES: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