Accountant

About AbbVie

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 including immunology, oncology and neuroscience - and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on LinkedIn, Facebook, Instagram, X and YouTube.

Purpose:

This position is part of the US Finance Shared Services Record to Report (RTR) Operations organization. US FSS RTR Operations is responsible for centralizing and executing accounting processes, governance and controls and delivering organizational efficiencies via centralization of common accounting processes for certain global, US regional and the US BU functions.

This role interacts with Treasury, Global ICB and other stakeholders in terms of intercompany AR and AP netting and IHC settlements as well as intercompany out of balance analysis, intercompany account reconciliations, aged intercompany balance clean-up and other banking related projects as needed.

Responsibilities:

- Assist with the month-end processes, including but not limited to cash clearing, journal entry preparation, balance sheet review for accuracy, etc.

- Prepare ICB requests for cash related intercompany transactions and perform subsequent cash clearings

- Coordinate with Global ICB, BPO and Treasury on monthly intercompany netting, perform cash clearing for manual IHC payments

- Review monthly intercompany AR and AP aging reports, follow up with Global ICB and OUS entities on aged items; perform intercompany out of balance analysis, assist in resolving various I/Co out of balance issues

- Research uncleared cash items by following up with various teams to identity payment owners and post payment accordingly

- Prepare bank related open items reconciliation reports

- Update and maintain bank clearing notebook to keep track of payment posting and contact information

- Support Sarbanes Oxley, Tax and Audit requests including documentation, internal audits, external audits and intercompany billings for tax allocation purposes under guidance of direct manager/supervisor.