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

We have an immediate opportunity for a Junior Treasury Analyst  in our Abbott Park, IL location. 

As the Junior Treasury Analyst  you’ll be responsible for fund transfers, foreign exchange exchange processes, daily cash management, netting process management, remote check deposits, month end reporting, bank account reconciliation and bank fee analysis.

What You’ll Work On

Manage foreign exchange transactions confirmation process.  Activities include ensuring trade confirmations are received from various banking partners, run and review reports confirming trades are properly loaded into SAP and third-party trade confirmation online platform.  Instruct delivery of Foreign Exchange transactions.

Manage daily communication and correspondence with affiliate finance groups and external financial partners relating to funds transfers and foreign exchange currency transactions.  Communications include currency payment instructions and trade confirmations with relevant internal and external parties.

Investigate and resolve any internal and external payment delivery inquiries. 

Maintain close relationships with external financial partners and affiliate personnel.

Assist with coordination of monthly netting (intercompany transactions settlement) process.

Perform set up and ongoing maintenance of netting participants and users. 

Manage intercompany loan documentation process with affiliates and Area Treasurers.  Responsible for creating and processing proper loan documentation between affiliates and maintaining tracking database of active and matured loan agreements.

Assist with daily cash management activities.

Complete bank account reconciliations.

Complete month-end reporting.

Initiate wire transfers and update predefined wire transfer templates.

Processes checks via remote deposit.

Provide support to Investment Funds Group.

Complete monthly comprehensive bank fee analysis and work with Global Treasury Operations management on resolving any discrepancies.

Assist management with Shareholder Services activities.

Serve as a backup to Corporate Treasury team members.

Maintain comprehensive business process procedures.

Assist management with ad-hoc projects.

Required Qualifications

BA/BS in Accounting or Finance

Strong interpersonal skills with ability to interact with internal and external parties at various levels

Attention to detail with a propensity for continuous improvement

Preferred Qualifications

Prior Finance/Accounting experience is preferred

* 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:  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

The base pay for this position is $48,000.00 – $96,000.00. In specific locations, the pay range may vary from the range posted.