Abbott Manager, Compliance and Control in Abbott Park, Illinois
At Abbott, we're committed to helping you live your 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, 94,000 of us are working to help people live not just longer, but better, in the more than 150 countries we serve. Please note that candidates need to be eligible to work in the U.S. without Abbott sponsorship.
As a member of the Regional Service Operations team, the Compliance and Control Manager will be accountable to support the:
Implementation of the internal control framework associated with the in-scope processes supported by shared services in the region
Specific differentiated control elements associated with the approved localizations for the standard processes in the region
Mitigation of transition risk for the migration to Shared Services in the region
Planning, logistics, and operational support for internal and external auditors
Compliance management and audit response for the Global Process Managers and the shared services process delivery leads in the region
Administer and manage the Abbott SOX program requirements for the regional shared service center and third-party service providers.
- Manage and provide oversight for testing and control reviews designed to provide management with the following:
Assurance that the internal control framework is operating properly
Assurance that transactions have been recorded and processed in accordance with generally accepted accounting principles (GAAP) and the approved global standard or locally differentiated processes
Basis for assertion that the financial statements are free of material error
Assurance that both Abbott and third-party service provider control owners understand the control environment and are equipped to identify risks and issues that could lead to potential control failures or oversights
- Support and sustain the development, refinement and update of the internal control framework associated with the implementation of shared services and other enterprise solutions for the region, to include the:
Internal controls associated with all shared services in-scope processes inclusive of Record to Report, Order to Cash, Source to Pay
Process design and the specific differentiated control elements associated with the approved localizations for the standard processes in the region
Provide shared services migration and transition support for the mitigation of transition risk associated with the migration to shared services in the region and oversight for the pre and post migration control reviews, across sites and third-party service providers.
Support internal and external audit, SOX reporting/testing and local jurisdiction compliance and revenue control reviews providing:
Planning, logistics and operational support to internal and external auditors
Compliance management and audit response support the shared services process delivery leads in the region
Compliance management and audit response support for third-party service providers
Assurance that documentation and attestation materials are complete, accurate, timely, and accretive to sustaining the internal control framework for the all shared services in-scope processes in the region, including third-party service providers.
The Compliance and Control Manager must be able to manage interactions at all levels of Abbott, from the divisional, regional and corporate management teams to the internal and 3rd party outsource shared services teams to establish and sustain the internal control framework and guide compliance and internal control decision making, delivery to commitments, and consequence management for the region.
- BA, BS in Finance or Accounting or equivalent experience
- MBA Preferred
3-5 Years audit experience required, 2-3 of those years in public accounting
2-3 years performing operational and financial audits
Strong experience developing and providing oversight for audit plans and control reviews
Ability to perform risk assessments
Ability to develop control and audit risk mitigation strategies
2-3 years SOX or regulatory compliance work a plus
3-5 years public accounting experience preferred
Experience managing communications and responses to external audit and local statutory and regulatory authorities a plus
Minimum Language Skills: English
Preferred Language Skills Additional languages relevant to the region desirable (Spanish)
Required Certifications: CPA or Chartered Accountant
General / Shared Services
IFO International Finance
United States > Abbott Park : AP52 Floor-1
Yes, 10 % of the Time
SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), 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
Abbott is about the power of health. For more than 125 years, Abbott has been helping people reach their potential — because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 150 countries, we create new solutions — across the spectrum of health, around the world, for all stages of life. Whether it’s next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health.
The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of life’s greatest health challenges.
We invite you to explore opportunities at Abbott , to see if your talents and career aspirations may fit with our openings. An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.
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