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Credit Analyst Jobs

Company

Abbott

Address Illinois, United States
Employment type FULL_TIME
Salary
Category Hospitals and Health Care
Expires 2023-07-14
Posted at 10 months ago
Job Description
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 115,000 colleagues serve people in more than 160 countries.


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


  • An excellent retirement savings plan with high employer contribution
  • Career development with an international company where you can grow the career you dream of .
  • 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.
  • Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
  • 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.
  • Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.


The Opportunity


This position works out of our Abbott Park, IL location in the IFO International Finance division.


As the Credit Analyst, you’ll provide financial analysis and support to Accounts Receivable (AR) managers and team. Serve as Accounts Receivable credit lead. Understands and interprets financials and other key data to determine credit worthiness and overall financial stability of potential and existing customers.


What You’ll Work On


  • Monthly reviews of existing credit limits per policy.
  • Create and distribute ad-hoc type reports to assist management and collection leads to see trends, issues, and other related analytics to assist in the overall collection efforts.
  • Responsible for review & analysis of all customer accounts, as well as preparation of reporting with only minimum supervision and technical guidance. These tasks may include:
  • Review/analyze/update credit limits, risk class, and credit exposure on a regular basis per company policy to ensure up to date and appropriate credit limits are set for all US customer accounts.
  • Review and recommend credit limits for new customers.
  • Various Daily, weekly, and monthly reporting as well as ability to provide ad-hoc reports as requested.
  • Assist in Sox/Audit compliance requests.
  • Preparation of reporting packages including but not limited to: Divisional reporting packages, write-off reporting, credit exposure/limits reports, Sunshine reporting, annual credit reporting, and other pre-audit compliance reporting and data pulls.
  • Research and provide explanation & commentary for any audit, reporting follow-ups, and/or any other ad-hoc requests that come from the various divisions and management.


Required Qualifications


  • Bachelor’s degree required, preferably in accounting.
  • Requires strong attention to details
  • Requires strong technical, analytical and problem-solving skills
  • Proficient in Excel (pivot tables, vlookups, etc.)
  • Minimum 3-4 years’ experience in accounting/finance


Preferred Qualifications


  • 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.
  • Effective communication and interpersonal skills that can interact with all levels of management in a dynamic environment.
  • SAP knowledge desirable


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.