Abbott Junior Financial Analyst Job Description

About Abbott

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.

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
• 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 a Junior Financial Analyst in our Lake County, Abbott Park, IL location. As the Junior Accountant, you will provide essential support to the accounting function through the preparation, analysis, and maintenance of accurate financial records. This role is responsible for assisting with daily accounting operations, month-end close activities, account reconciliations, and the preparation of supporting schedules. The ideal candidate is highly detail-oriented, analytical, and comfortable working in a fast-paced, dynamic, and collaborative environment. This position offers the opportunity to grow professionally while contributing to efficient and compliant financial reporting.

What You'll Work On

• Own end-of-the-end processes for intercompany (ICO) accounting, including preparing journal entries, cross charges, approving ICO cases, ICO payments and analyzing the ICO balances
• Coordinate with cross-functional teams and stakeholders across divisions to ensure timely and accurate ICO recordings
• Maintain accurate and up-to-date records of all ICO accounts with affiliates
• Act as SME for balance confirmations among affiliates
• Generate reports and analysis for management review
• Prepare manual ICO invoices, employee payroll entries and ad hoc shared service activities
• Collaborate across teams to gather financial data and ensure proper coding and documentation
• Ensure compliance with company policies, internal controls, and accounting regulations
• Prepare audit documentation and respond to internal and external audit requests
• Support monthly and quarterly close activities
• Drive process improvements and automation initiatives within the ICO team

Required Qualifications

• Bachelor's degree in Accounting, Finance, or related field is required. In lieu of a degree, additional years of experience may be considered
• Strong Microsoft Excel skills and data analysis
• Solid understanding of accounting principles and operational accounting processes

Preferred Qualifications

• Strong attention to detail, organizational capabilities, and the ability to handle multiple tasks and work effectively in a deadline-driven environment
• Experience with a large ERP system; SAP strongly preferred
• Ability to work independently and collaboratively within a fast-paced, changing environment
• Strong verbal and written communication skills with the ability to interact across levels
• Demonstrated ability to prioritize, multitask, and follow up effectively
• CPA preferred, but not required
• Proven ability to engage, influence, and collaborate with cross-functional partners

Compensation and Benefits

The base pay for this position is $50,700.00 – $101,300.00. In specific locations, the pay range may vary from the range posted.

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com

Job Details

• Job Family: Financial Planning and Analysis
• Division: IFO International Finance
• Location: United States > Abbott Park: AP52
• Work Shift: Standard
• Travel: No
• Medical Surveillance: No
• Significant Work Activities: Keyboard use (greater or equal to 50% of the workday)

Equal Opportunity

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

• EEO is the Law (English): http://webstorage.abbott.com/common/External/EEO_English.pdf
• EEO is the Law (Español): http://webstorage.abbott.com/common/External/EEO_Spanish.pdf

For more information, visit www.abbott.com or connect with us on Facebook at www.facebook.com/Abbott and on Twitter @Abbott News.