at AbbVie in North Chicago, Illinois, United States
Job Description
Company Description
AbbVie’s mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people’s lives across several key therapeutic areas – immunology, oncology, neuroscience, and eye care – and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn.
Job Description
OBJECTIVE:
This position is part of the US Finance Shared Services Record to Report (RTR) Operations organization. US FSS RTR Operations is responsible for centralizing and executing accounting processes, governance and controls and delivering organizational efficiencies via centralization of common accounting processes for certain global, US regional and the US BU functions.
This role acts as the accounting contact for US bank accounts with focus on trade receivables and misc. receivables related transactions, interacts with Treasury, AR, AP and other stakeholders in terms of cash settlements and payment disbursements, this role also supports US Commercial related payment activities.
CORE JOB RESPONSIBILITIES:
+ Work closely with Treasury, AR, AP and other stakeholders to ensure accurate cash posting for US banks accounts, mainly BOA trade receivables, lock box bank accounts, and related cash clearing accounts
+ Responsible for managing bank account reconciliations, team up with US Commercial Finance, AR, Treasury and BTS to understand the nature of transactions, data flow, analyze discrepancies, resolve related bank posting and clearing issues
+ Identify and post bank fees for multiple financial transactions to corresponding general ledgers, collaborate with other FSS RTR contacts regarding P&L impact for US commercial Finance, perform analysis as needed
+ Prepare and review various journal entries for month-end close to support multiple business units including Tax, Benefits, Treasury, R&D, and Consolidations
+ Research uncleared cash items by following up with various teams to identity payment owners and post payment accordingly
+ Coordinate with BPO on outsourcing AR clearing related activities and oversee these activities afterwards
+ Document current process, participate in various process automation and improvement projects
+ Review and approve Blackline account reconciliations
Qualifications
+ Bachelor’s degree in accounting / finance with 1-3 years of accounting experience, CPA or MBA a plus
+ Strong computer skills, particularly experience with Excel and SAP is required, prior experience with treasury activities, AP and AR clearing activities preferred
+ Analytical and problem-solving abilities are key attributes for success
+ Ability to multi-task and deal with time constraints to effectively manage various deadlines
+ Strong organizational skills with attention to detail, communication and presentation skills including the ability to effectively communicate across all levels of the organization
Additional Information
Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law: ?
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+ The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more or less than the posted range. This range may be modified in the future.?
+ We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.?
+ This job is eligible to participate in our short-term incentive programs. ?
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Note: No amount of pay is a considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company’s sole and absolute discretion unless and until paid and may be modified at the Company’s sole and absolute discretion, consistent with applicable law.
AbbVie is committed to operating with integrity, driving innovation, transforming lives, serving our community and embracing diversity and inclusion. It is AbbVie’s policy to employ qualified persons of the greatest ability without discrimination against any employee or applicant for employment because of race, color, religion, national origin, age, sex (including pregnancy), physical or mental disability, medical condition, genetic information, gender identity or expression, sexual orientation, marital status, status as a protected veteran, or any other legally protected group status.
