Associate, RTR

Primary Job Function

The Associate, RTR will support divisions, legal entities and countries as assigned to gain, over time, a deep understanding of the various business divisions, and the unique attributes of the legal entity, regulatory, and in-country requirements associated with the region.

Main Responsibilities

Service Delivery

• In-depth understanding of the objective of all tasks performed and proactively challenge the status quo resulting in fact based recommendations

• As the subject matter expert for audit and tax, deliver guidance, insight, and technical expertise relating to audit and tax submissions.

• Interact proactively with divisions and respective functions to ensure accounting, financial reporting, audit and tax reporting are accomplished within designated timeline

• Timely respond to internal and external inquiries

• Active discussion and best practice sharing with team members

• Developed excel files/macros to simplify work process

• Participate in training and professional development activities to continue to develop Finance capabilities and professional expertise.

• Robust review of task performed by 3rd party outsource service provider staff

Manage day-to-day activities

- Manage annual financial statement submission process and tax schedules preparation

- In charge of statistics submission to government authorities

- RTR accounting task include but not limited to the below:

• Monthly closing tasks (i.e. inventory provision review, GL vs sub-ledger tie-in, analytical review of P&L and BS movement, balance sheet recon review)

• Annual closing tasks

• Ensure business transactions are accurately recorded for any new business initiatives or changes in business processes

• Monitor and correct complex data and information errors

• Identify and resolve exceptions on inventory transactions resulting in out-of-balance

• Address and eliminate data integrity and quality issues over time

• Update SOPs and Work Instructions

- Identify process improvements to eliminate “waste” in current process and to create capacity for value-added activities.

- Properly utilize the standard chart of accounts, sustaining the agreed data definitions and usage

- Contribute and participate in overall team initiatives, projects, and activities

Compliance

• Ensure all processes, policies and procedures are clearly defined and fully documented

• Ensure compliance with Abbott accounting policies and regulatory requirements

• Sustain minimum effective controls in compliance with SOX, GAAP, IFRS and any other accounting pronouncements and policies required.

• Read, understand, and execute on the policies and standards communicated by the GPMs and the corporate controller.

Experience/Background