Director of Technical Accounting

Welcome to Abbott, a global healthcare company dedicated to helping people live their best lives through innovative solutions and compassionate care. We are seeking a highly qualified and experienced Director of Technical Accounting to join our team and help us continue to drive excellence in financial reporting and compliance. As the Director of Technical Accounting, you will play a crucial role in ensuring accurate and timely financial reporting, providing technical expertise and guidance, and staying up-to-date on evolving accounting standards. We are looking for a dynamic and driven individual with a strong background in accounting, extensive knowledge of US GAAP and SEC reporting, and a passion for continuous learning and development. If you are a strategic thinker, a collaborative leader, and thrive in a fast-paced environment, we encourage you to apply for this exciting opportunity and become a part of our mission to improve lives around the world.

1. Lead and oversee the technical accounting function for Abbott, ensuring compliance with US GAAP and SEC reporting requirements.
2. Stay up-to-date on evolving accounting standards and provide guidance on their impact to the organization.
3. Analyze complex accounting transactions and provide recommendations to senior management.
4. Prepare and review financial statements and footnote disclosures to ensure accuracy and compliance with reporting standards.
5. Develop and implement accounting policies and procedures to ensure consistency and compliance across the organization.
6. Collaborate with cross-functional teams to ensure proper accounting treatment for business transactions.
7. Lead and manage a team of technical accounting professionals, providing coaching and development opportunities.
8. Assist with the preparation of SEC filings, including 10-Ks, 10-Qs, and other required reports.
9. Identify and communicate potential financial risks to senior management and provide recommendations for mitigation.
10. Conduct research and provide guidance on complex accounting issues, including mergers and acquisitions, revenue recognition, and lease accounting.
11. Partner with external auditors to ensure successful completion of audits and timely resolution of any issues.
12. Participate in the development and implementation of new accounting and reporting standards.
13. Continuously monitor and improve internal controls related to financial reporting.
14. Serve as a subject matter expert and provide training to finance and non-finance personnel on technical accounting matters.
15. Participate in special projects and initiatives as needed to support the company's goals and objectives.

According to JobzMall, the average salary range for a Director of Technical Accounting in Green Oaks, IL, USA is $150,000-$175,000 per year. This range can vary depending on factors such as the size and industry of the company, the level of experience of the individual, and the specific responsibilities of the role.

From removing the regular pain of finger sticks as people manage their diabetes to connecting patients to doctors with real-time information monitoring their hearts, from easing chronic pain and movement disorders to testing half the world’s blood donations to ensure a healthy supply, our purpose is to make the world a better place by bringing life-changing health technologies to the people who need them. That’s our commitment to helping you live your best life.