Transfer Pricing Analyst - Abbott Park, United States - Abbott Laboratories

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 114,000 colleagues serve people in more than 160 countries.

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:

The Transfer Pricing Analyst reports to one of the Transfer Pricing managers and will provide support in the areas of transfer price setting, planning, analysis, and compliance. The position will support the team in developing, implementing, documenting and defending Abbott's worldwide transfer pricing strategy. The position will also execute and support transfer price setting process for affiliates in Europe, Asia Pacific, Japan, Latin America, Canada, manufacturing sites and distribution centers.

This position can be located in either Abbott Park, IL or Chicago Willis Tower after initial training period.

What You'll Do:

• Establish and provide transfer prices to international affiliates, manufacturing sites, distribution centers, and US commercial.
• Provide support to multiple divisions (e.g., ADC, Core Diagnostics, Transfusion, AMD, ANI, APOC, EPD, etc.,) and new acquisition/divestiture (as applicable).
• Prepare and/or review required global transfer pricing documentation and benchmarks.
• Support the implementation of policies, procedures and practices, as well as financial models, regarding the pricing and documentation of all intra-group transactions.
• Work with local country finance and accounting teams to address inquiries.
• Evaluate and compute, where appropriate, transfer pricing adjustments and corresponding sku-based changes.
• Perform user acceptance testing (UAT) for applicable systems upgrades.
• Provide support, assistance and adhoc analysis as requested at the direction of management.
  • Troubleshoot issues ranging in complexity to promptly, efficiently and correctly resolve and close.
  • Grade Level may be adjusted based on experience.

Summary of Experience:

• Bachelor's degree, in Economics, Tax, Accounting or Finance, preferred.

• 2+ years of transfer pricing or similar experience.

Required Knowledge and Skills:

• Excellent analytical, problem-solving, organization, accounting, prioritization, time management and communication skills (both oral and written).
• Self-starter, team player (across multiple time zones), strong attention to detail, ability to effectively interface throughout an organization at multiple levels.
• Ability to work under pressure to meet demanding deadlines and shifting priorities.
• Ability to take initiative while seeking appropriate guidance.
• Proficiency in Microsoft Office (e.g., Excel, Word, PowerPoint).
• Ability to work cross-functioning to obtain necessary information to perform analyses.
• Proficiency in accounting systems (SAP preferred) and processes.
• Ability to review, process and summarize large amounts of data.

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:
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.
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The base pay for this position is $57,300.00 – $114, In specific locations, the pay range may vary from the range posted.