Transfer Pricing Analyst

Job description

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.

     

JOB DESCRIPTION:

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

This position works out of our Abbott Park, IL or Chicago Willis Tower location and is part of our Corporate Financial Services division.

As the Transfer Pricing Analyst, you will report to one of the Transfer Pricing managers and will provide support in the areas of transfer pricing strategic planning and compliance. The position will support the team in developing, implementing, documenting and defending Abbott’s worldwide transfer pricing strategy.  The position will also execute and support transfer price setting process for International affiliates (Europe, Asia Pacific, Japan, Latin America and Canada), US Commercial, manufacturing sites and distribution centers.

Summary of Key Responsibilities include but are not limited to the following:

· 
Prepare and/or review required global transfer pricing documentation and benchmarks.

· 
Support the implementation of policies, procedures and practices, as well as financial models, regarding the pricing and documentation of all intra-group transactions.

· 
Support the implementation of BEPS initiatives.

· 
Work with local country finance and accounting teams and provide support on local country audits.

· 
Support intercompany services in regards analysis, initiatives, modeling and implementation and compliance with existing laws and regulations.

· 
Compute where appropriate transfer pricing adjustments.

· 
Support transfer pricing global planning including intangible property planning (international tax & transfer pricing planning for business and entities).

· 
Understand complex financial reporting systems, processes and policies and overlay required transfer pricing policies and systems over those processes.

· 
Provide shared service and support to multiple divisions (e.g., ADC, ADD, AMD, ANI, APOC, EPD, etc.,) and new acquisition/divestiture.

· 
Establish and provide transfer prices to international affiliates, manufacturing sites, distribution centers and US commercial.

Required Qualifications:

•     Bachelor's degree, preferably with an advanced degree in economics, tax, accounting or finance.
•     Public accounting experience preferred.
•     2+ years of transfer pricing or similar experience.

Preferred Qualifications:

· 
Excellent analytical, problem-solving, financial modeling, accounting, prioritization, time management and communication skills (both oral and written).

· 
Self-starter, team player (across multiple time zones), strong attention to detail, ability to effectively interface throughout an organization at multiple levels.

· 
Ability to work under pressure to demanding deadlines imposed by project timescales or tax authority requirements.

· 
Ability to take initiative while seeking appropriate guidance.

· 
Proficiency in Microsoft Office (e.g., Excel, Word, PowerPoint).

· 
Proficiency in accounting systems (SAP) and processes.

* 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
$57,300.00 – $114,700.00

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

     

JOB FAMILY:

Financial Planning and Analysis

     

DIVISION:

FIN Corporate Finance

        

LOCATION:

United States > Chicago : Willis Tower Building 233 S Wacker Dr.

     

ADDITIONAL LOCATIONS:

United States > Abbott Park : AP06D

     

WORK SHIFT:

Standard

     

TRAVEL:

Not specified

     

MEDICAL SURVEILLANCE:

Not Applicable

     

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