1+ months

Group Leader Consolidation and Reporting

Abbott
Abbott Park, Illinois

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 113,000 colleagues serve people in more than 160 countries.

This Hyperion Financial Management (HFM) Consolidation and Reporting Group Lead provides financial support for the Global financial consolidation and its subsidiary companies. This position includes the support of the company’s Hyperion financial consolidation and reporting systems software which completes the financial reporting and analysis across the entire company. These systems currently include Hyperion Financial Management (HFM) and Financial Data Management (FDM). Also, responsible for assisting in the preparation of financial reporting projects as required.

WHAT YOU’LL DO

  •  Lead, manage and analyze the production of total company financial information including timely, accurate and efficient monthly consolidated financial statements utilizing the CCI Hyperion system for internal and external management reporting.

  • Lead and manage the global intercompany matching process and reports. Work with key intercompany owners to resolve out of balance accounts based on the calendar due dates.

  • Process owner for several key close-related tasks (Scheduling consolidations, Journal Entry posting and reports, Entity Locking, Data Integrity confirmation, EIMS data feed, Sharepoint updates, etc.).

  • Responsible for the SOX testing requirements as they pertain to the global consolidation process.

  • Responsible for the ongoing development and changes of HFM standard reports as requested by management. Key contact for divisional reporting "superusers" (Points of Contact).

  • Ability to educate new HFM users on best practices and efficient use of the system (e.g. conduct training on Smartview, Data Grids, Reports, HFM Calculations, etc.).

  • Design, modifies and maintains the CCI Hyperion system to support the consolidation of total company financial statements, including acquisitions and divestitures of entities.

  • Provide ad hoc consolidated financial analytics and support as required (e.g. Corporate Controller, external auditors, etc.).

  • Support the ongoing development of Abbott’s consolidation process including acquisitions and divestures of Abbott entities which will require supporting multiple close processes per TSA.

  • Responsible for global cash flow reporting and process in HFM for multiple production applications for Abbott and its’ divested companies. Work with key affiliates to tie out cash flow and resolve any issues.

  • In depth knowledge of HFM metadata/master data, HFM consolidation rules, HFM calculations, FDM scripts, FDM maps and Hyperion Security to support 1300+ affiliates across the globe and US.

  • Flexible to work outside of US business hours to support affiliates across the globe and US. Work with key affiliates and/or data source owner to process actuals effectively and on time and work with key end users to support data flow process in EIMS for downstream applications.

  • Lead business liaison for system upgrades, enhancements and implementations to support business improvements, acquisitions and divestures which will require testing and training new/existing global users in DEV and QA while managing several production applications.

  • Ability to work directly with 1300+ affiliates across the globe and US, internal and external auditors and 3rd party support to operate an accelerated close schedule and also coordinate IT and business projects.

  • Lead business liaison to coordinate all Abbott divisions and divested companies under a TSA to consolidate HFM metadata/ master data and load Plan annually. Key contact to train all divisional users, test and implement changes to be included in Year End Roll over.

EDUCATION AND EXPERIENCE YOU’LL BRING

Required:

  • Bachelors Degree, preferably in Accounting, Finance or IT with a minimum of 5-7 years of accounting, audit and system administration experience

  • Experience in Hyperion HFM financial software application and user support.

  • Firm understanding of US GAAP financial policies, Sarbanes / Oxley controls, and general / international accounting are necessary for success.

  • Effective communication skills with all levels of management.

  • Detail and results oriented with the ability to manage multiple simultaneous projects.

  • Basic project management skills by acting as a project lead on small, defined projects.

Preferred:

  • CPA, CMA, MBA in Accounting or Finance, MS in IT but not required

  • Cross-divisional or cross-functional experience strongly preferred.

WHAT WE OFFER

At Abbott, you can have a good job that can grow into a great career. We offer:

  • Training and career development, with onboarding programs for new employees and tuition assistance

  • Financial security through competitive compensation, incentives and retirement plans

  • Health care and well-being programs including medical, dental, vision, wellness and occupational health programs

  • Paid time off

  • 401(k) retirement savings with a generous company match

  • The stability of a company with a record of strong financial performance and history of being actively involved in local communities

Learn more about our benefits that add real value to your life to help you live fully:  www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. 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.

","industry":"Healthcare","title":"Group Leader Consolidation and ReportingDivision: FIN Corporate Finance
Travel: Yes, 20 % of the Time
Medical Surveillance: No
Significant Work Activities: Keyboard use (greater or equal to 50% of the workday)

Categories

Posted: 2022-05-11 Expires: 2022-06-26

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Group Leader Consolidation and Reporting

Abbott
Abbott Park, Illinois

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