Payroll Financial Operations & Audit Supervisor

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 115,000 colleagues serve people in more than 160 countries.

     

JOB DESCRIPTION:

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.
• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
• 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

This position works out of our Abbott Park, IL location within the CHR Corporate Human Resources division.

This role is responsible for leading and supervising the financial operations and recoveries team to ensure accurate, timely funding, general ledger, and reporting.  The position oversees internal policies and control procedures, while fostering strong collaboration and clear communication with employees, managers, and the broader payroll organization.

The Payroll Financial Operations & Audit Supervisor. This is a supervisory role which is responsible for oversight of the Financial Operations & Recoveries team.

• Coach and mentor team members and assign tasks to ensure that the team’s resources are used effectively.
• They will lead by example and uphold the same expectations required of their employees.
• Ensure both you and your staff’s tasks are completed accurately and on time, and ensure adherence to deadlines.
• Respond to more complex, escalated inquiries from team members and check the work of others to ensure that it is accurate and timely.
• Oversee adherence to tax laws, internal policies, and control procedures, while fostering strong collaboration and clear communication with employees, managers, and the broader payroll organization.

What You'll Work On:

• Ensure financial and operational controls are followed when implementing system and process changes.
• Serve as the primary coordinator for report requests, including intake, tracking, prioritization, and timely delivery of requested reports.
• Prepare and process the general ledger, balancing accuracy and compliance with accounting standards.
• Manage and support vendor payments
• Coordinate and fulfill new report requests, working closely with internal teams to define requirements and validate outputs.
• Process and manage stop payment requests, ensuring proper approvals, documentation, and system updates.
• Administer and oversee weekly tax funding, ensuring required amounts are calculated, funded, and recorded accurately.
• Collaborate with cross-functional teams, including Payroll, Tax, Finance, and external vendors, to resolve issues and support operational needs.

SupervisoryResponsibilities

• Manage direct reports, including hiring, performance assessments, and terminations.
• Supervise staff to ensure tasks are completed accurately and on time.
• Ensure adherence to deadlines.

Accountability, Scope, and Impact

• The Payroll Supervisor will report to either a Payroll Manager or the Payroll Director.
• They will lead by example and uphold the same expectations required of their employees.
• Respond to more complex, escalated inquiries from team members and check the work of others to ensure that it is accurate and timely.
• Ensure their staff’s tasks are completed accurately and on time, and ensure adherence to deadlines.
• Collaborate cross-functionally with Payroll, HR, Finance, Legal, and external vendors to support accurate, compliant, and efficient payroll tax operations.

Required Qualifications:

• Bachelor's degree or associate equivalent combination of education and work experience

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

$78,000.00 – $156,000.00

In specific locations, the pay range may vary from the range posted.

     

JOB FAMILY:

Accounts Payable & Receivables, Credit & Collection, & Payroll

     

DIVISION:

CHR Corporate Human Resources

        

LOCATION:

United States > Abbott Park : AP06B

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:

Standard

     

TRAVEL:

Yes, 10 % of the Time

     

MEDICAL SURVEILLANCE:

No

     

SIGNIFICANT WORK ACTIVITIES:

Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

     

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

     

EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf

     

EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf