Job Information
AbbVie Accountant in North Chicago, Illinois
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
The Junior Project Accountant facilitates the correct accounting for AbbVie’s capital projects utilizing SAP Project Systems, and ensures assets are capitalized and depreciated timely. The Junior Project Accountant must be knowledgeable of functional areas’ business operations as well as the policies that govern proper accounting treatment for expenditures. The incumbents expertise as to how SAP Project Systems interface with purchasing and accounting modules makes this role critical for the proper accounting over US based Fixed Assets and enables the accountant to provide a high level of customer service to Project Engineers and finance organizations. This role works closely with Project Engineers (PE) from the initial project set-up in the SAP Project Systems, to asset capitalization and project closeout in SAP. This role is part of the Finance Shared Service Organization and is the key liaison between the US Business Units and BPO.
Responsibilities
Initial project setup in Project Systems based on approved Request for Capital Expenditure (RCE), including appropriate budget levels, cost centers, and person(s) responsible. Ensure Work Breakdown Structure (WBS) levels are appropriate based on the scope of the RCE. Guide PE in the correct set up of complex projects that may span several entities.
Analyze and maintain projects by solving errors in use of Shopping Carts, accounts, and expenditure categorization. Works with PE to ensure projects and sub-projects reflect the proper timeline for asset capitalization and project closure and works with PE’s to clear up pending transactions within SAP that prevent final closure of the project. Provides guidance as needed to non-Lake County sites.
Analyze and Approve Shopping Carts by ensuring the cart is within scope of the project to which it is being recorded and it is not being routed on a date that is beyond the project’s forecasted completion date. Ensure correct WBS level is identified on shopping cart, and appropriate general ledger account is used to record expenditure. Analyzes shopping cart for unusual circumstances that may require additional approval or adjustment and track the assets that are being impacted by the shopping cart.
Capitalization of assets- Complete the Asset Information Form (AIF) and capitalize fixed assets in SAP, and reconcile asset spending to purchase orders and project. Reviews PO to ensure all assets are captured on AIF, follows up with project management to ensure that assets are capitalized on a timely basis, and assigns asset tags to individual assets.
Professional Engagement with Business Unit and Finance personnel throughout project lifecycle.
Professional Engagement with BPO for processing initial project setup, project maintenance, asset transfers, asset retirements, and timely resolution of project issues in order to meet customer expectations from the various US business units.
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Qualifications
Candidate should have Accounting degree.
Strong problem solving, communication, and interpersonal skills.
Individual must be self-motivated and be able to work independently.
Must be proficient in Excel. Knowledge of SAP, HFM and BlackLine a plus.
Additional Information
Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law:
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.
Note: No amount of pay is 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 an equal opportunity employer and 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. To learn more, visit https://www.abbvie.com/join-us/equal-employment-opportunity-employer.html (US & Puerto Rico only)
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