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 114,000 colleagues serve people in more than 160 countries.

Job Title

Financial Analyst

About Abbott

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

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 will have access to:

• Career development with an international company where you can grow the career you dream of.
• Health Insurance (starting on Day 1 of employment), Savings Plan (401K) with company match, Life insurance for you and your spouse/children, Short Term Disability, Long Term Disability, Education Assistance, Employee Assistance Program, Vacation, Sick, Personal Days.
• 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 Caguas, PR location in the Structural Heart Division.

This is an exempt role: Monday to Friday (1st shift)

Structural Heart Business Mission: Why We Exist

Our business purpose is to restore health and improve quality of life by designing and providing device and management solutions for treating structural heart disease.

The position functions as a business partner to support the SJMPRLLC Engineering personnel on financial matters related to Capital. The incumbent is responsible for the accounting and internal control (including S-OX compliance) in the company-wide general accounting area on a timely & accurate manner and in accordance with Federal and local laws & regulations, as well as assuring compliance with company policies and procedures. The position is also responsible to perform account analysis in the financial accounting area related cash, accrued liabilities and other general ledger account balances for both SJMPRLLC (entity 4000) and Abbott Medical PRLLC (entity 4004). The Financial Analyst is responsible for Capital Plan process and Quarterly LBE for Capitals (SJMPRLLC). Also, is responsible for tax matters such as: Monthly IVU returns and payment, Royalty quarterly tax payment and 7% monthly withholding payment and end of year 480's filing. Serves as back for Payroll administrator position.

What You’ll Do

• Incumbent is responsible for General Accounting Journal entries such as Cash, Management Fees, Dividends, among others. Perform BS account reconciliations on a monthly basis. Prepare Yearly Business Plan and Quarterly LBE for PR Capital Plan (SJMPRLLC). Responsible for BS Quarterly analysis and monthly Capital Plan Tracking.
• Sarbanes Oxley compliance / audit - Incumbent is the designee from SJM internal Audit group to be the fixed assets area SOX process owner. Among other things, the SOX process owner is responsible to Work the timely review and update of SOX process documentation and key internal controls; identify and communicate SOX process and control changes (past or anticipated); communicate any knowledge of fraud or misstatement of account balance.
• Application Data Owner & Training - This position is responsible for Concur and Dodeca updates. The incumbent is responsible to train new system users and maintain current users updated with any system modifications. Also, the position identifies and implements the applications security controls.
• Review /Prepare Payroll and Accounts Payable Tax Returns – Review the preparation of FICA and FUTA tax return by the HCM Payroll Team in USA; review the processing of payments and withholdings such as 401k savings plan, stock purchase plan, United Way and garnishments on a timely basis and in compliance with local and Federal laws & regulations. Prepare 480’s forms. In charge of reconciling any issues related to these items with the SAP Team in USA. In charge of IVU tax returns and payments (SURI).
• This position is the back up for payroll area and end of month reporting.
• Other duties - provides assistance in other Finance department areas such as Balance Sheet Account analysis, and any other requested tasks.
• Ensure compliance with all SJM and Abbott procedures and all applicable regulatory agency requirements.

Required Qualifications

• Bachelor’s degree in accounting, Finance or Business Administration.
• Minimum 3 years of experience in General Accounting, preferably in a manufacturing environment; processing and payroll tax returns preparation exposure (accounts payable experience desired)
• Proficiency with computerized payroll systems; experience with electronic time & attendance system (Kronos preferred)
• Fully bilingual (English and Spanish) with excellent oral and written communication skills.
• Proficiency in personal computer applications (MS Excel, MS Word, Outlook)
• Well organized and strong analytical skills.

Apply Now

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 $53,300.00 – $106,700.00. In specific locations, the pay range may vary from the range posted.