Jr. Treasury Analyst
Abbott
About Abbott
Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.
Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and 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 for employees* via the Health Investment Plan (HIP) PPO
• An excellent retirement savings plan with 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 around the world 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 a best place to work for diversity, working mothers, female executives, and scientists.
The Opportunity
We have an immediate opportunity for a Jr. Treasury Analyst in our Abbott Park, IL location.
As the Jr. Treasury Analyst you’ll be responsible for fund transfers, assisting with daily cash management, processing journal entries, month end reporting, co-managing bank account database and assist with investment management.
What You’ll Work On
Assist with daily cash management process. Activities include generating daily reports from bank portals, reconciling of daily cash & consolidation of daily cash reports for review.
Assist with investment management process
Manage investment & foreign exchange letter process
Co-manage & maintain Abbott’s bank account database by working with Area Treasurers to reconcile all bank accounts & bank account signers globally.
Prepare monthly counterparty risk report.
Prepare & post monthly exchange rate schedule utilized by Abbott affiliates & divisions.
Process daily journal entries
Process daily wire transfers & ACH payments
Setup & maintain all wire transfer & ACH templates.
Investigate and resolve any internal and external payment inquiries.
Assist with month-end close process.
Assist with Sarbanes-Oxley & audit activities.
Assist management with acquisition, integration, divestiture and other business strategic initiatives.
Manage portfolio of custody paying agents & escrow accounts.
Serve as a backup to Corporate Treasury team members.
Maintain comprehensive business process procedures.
Drive for continuous process improvements.
Assist management with ad-hoc projects.
Required Qualifications
Bachelor’s degree in accounting, business, or finance required.
Experience in Corporate Treasury, Corporate Accounting, Corporate Finance or Commercial/Investment Banking
Effectively manage projects from start to finish (organized and detail-oriented)
Strong interpersonal skills with ability to interact with internal and external parties at various levels
Collaborate well in a team environment
Attention to detail with a propensity for continuous improvement
Preferred Qualifications
Prior Finance/Accounting experience is preferred
Experience with MS Office, SAP Treasury/TMS, Power BI, database management and Bloomberg.
* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. 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
The base pay for this position is $50,000.00 – $100,000.00. In specific locations, the pay range may vary from the range posted.