Financial Controller at Abbot
ESSENTIAL DUTIES AND RESPONSIBILITIES
> Responsible for all areas relating to financial reporting & accounting, taxation, treasury and audit
> Responsible for maintaining accounting principles, practices and procedures in accordance with U.S. GAAP and IFRS to ensure accurate and timely financial statements.
> Supervise a team of 3 Accounting staff and CFS Contractors.
> Responsible for managing the team to ensure that work is properly allocated and completed in a timely and accurate manner.
> Address tight deadlines
> Manage a multitude of accounting activities including General Ledger preparation, financial reporting, year-end audit preparation, and extending support to Divisions
Work closely with the Legal Counsel, & Commercial Finance Heads and the Middle East CFS Regional Affiliate Finance Director, Controllers and COE Manager.
RESPONSIBILITIES & DUTIES
> Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.
> Ensure accurate and timely monthly, quarterly and year end close.
> Ensure the timely reporting of all monthly financial information.
> Close coordination with COE Egypt Team and ensure the accurate and timely processing of payment transactions.
> Ensure that the monthly Compliance activities are performed in a timely and accurate manner - i.e. Monitor and Tracking of RCIs (Reportable Compliance Incidence) and Non-RCI (Non-Reportable Compliance Incidence).
> Supports budget and planning activities.
> Collaborates with the other finance department managers to support overall department goals and objectives.
> Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
> Advise staff regarding the handling of non-routine reporting transactions.
> Responsible for the maintenance of local legal and statutory books for tax filing of all Abbott entities in the country.
> Respond to inquiries from the Finance Manager/Finance Director, Affiliate Finance Director, and other finance and company wide managers regarding financial results, special reporting requests and the like.
> Work with and support the Affiliate Finance Director to ensure a clean and timely year end audit.
> Ensure that all financial reporting deadlines are met.
> Assist in the development and implementation of new procedures and features to enhance the workflow of the Accounting Department.
> Provide training to new and existing staff as needed.
> Handle personnel issues relating to staff conflicts, absenteeism, performance issues, etc.
> Work with each member of the Accounting staff to establish goals and objectives for each year and monitor and advise on the progress to enhance the professional development of staff.
> Support Affiliate Finance Director with special projects - i.e. Automation and workflow process improvements.
BS in Business with emphasis in Accounting. CPA preferred.
MINIMUM EXPERIENCE/TRAINING REQUIRED
- Seven (7) to Ten (10) years of solid Accounting work experience.
- Multinational company experience
- Solid working knowledge of US GAAP and IFRS
- PC proficient
- Ability to thrive in a fast-pace setting.
- Computer literate / savvy
- Proven working knowledge and experience with ERP Accounting Systems preferably BPCS
- Must have strong experience with MS Office - Excel, Access and Word.
- Strong verbal and written communication skills in English.
- Strong interpersonal, supervisory and customer service skills required.
- Ability to multi-task, work under pressure and meet deadlines required.