Cost Accountant - Financial Analyst

At Abbott, we're committed to helping people live their best possible life through the power of health. For more than 125 years, we've brought new products and technologies to the world -- in nutrition, diagnostics, medical devices and branded generic pharmaceuticals -- that create more possibilities for more people at all stages of life. Today, 99,000 of us are working to help people live not just longer, but better, in the more than 150 countries we serve.
We are seeking an experienced, high caliber Cost Accountant II who can work with little supervision, provides support for division cost analysis activities. Employees act on their strong desire to make a difference, partner with others and put ideas into action
+ Provides cost analysis and reporting to management for assigned manufacturing site/s which likely includes: providing detailed variance analysis (including overhead absorption, material purchase price and scrap), performing product cost analysis, setting production cost standards, updating quarterly forecasts, and updating and maintaining standard cost files and inventory/manufacturing performance metrics.
+ Works with Manufacturing and Finance to develop annual expense budgets and forecasts for assigned cost centers.
+ Participating in the monthly closing process and providing analytical insight into operational performance and analytical insight into budget variances; in particular, provides cost analysis support to the manufacturing departments of the division.
+ Based on reporting and analysis, makes recommendations to finance management to save costs, scale for the future and maintain data accuracy. This may include recommendations relating to purchase price, scrap, inventory cycle counts, work order volume, etc.
+ Participate on special projects as assigned by finance management.
+ Executes annual goals as assigned based on manufacturing site operating plans and finance department needs.
+ Provides month end reporting to finance department leadership.
+ Executes reporting based on pre-established schedules for quarterly corporate reporting, external audits and internal audits.
+ Complies with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments. Maintains positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors.
+ Requires a Bachelor?s degree in Accounting, Finance or Business Administration
+ Requires 3 years of experience in accounting or finance, progressively responsible experience in cost analysis/reporting in manufacturing organization.
+ Requires 1 year experience working with cost/finance systems.
+ Basic knowledge of GAAP, financial reporting, and manufacturing issues.
+ Ability to work in a highly matrixed and geographically diverse business environment
+ Experience working in a broader enterprise/cross-division business unit model preferred.
+ Ability to leverage and/or engage others to accomplish projects.
+ Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization.
+ Experience in a manufacturing environment working with automated manufacturing systems, such as MRP/MRP II/SAP and automated general ledger systems.
+ Advanced personal computer skills including spreadsheet, and other relevant applications; demonstrated skills in working with cost accounting software packages.
An Equal Opportunity Employer
Abbot welcomes and encourages diversity in our workforce.
We provide reasonable accommodation to qualified individuals with disabilities.
To request accommodation, please call 224-667-4913 or email corpjat@abbott.com

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