The Accountant is accountable to perform/review the day-to-day shared services operations for the region including but not limited to: (a) accounts payables and the associated reconciliations and accruals; (b) vendor enablement to support the automation of the payables processes (c) support compliance driven related matters (d) exception processes, and (e) supporting the sub-ledger close processes on a period, quarter, and annual basis.
1. Participate in the Migration of processes and services to the regional shared service organization, including:
? Participate the migration of activities to a regional captive shared service center, satellite center(s) or outsourced partner locations supporting the region
? Plan and support the transition activities and escalation support throughout transition
? Help establish and sustain the agreed performance measures, KPIs, and goal setting processes
2. Coordinate the disbursement activities for shared services
? Support in reviewing day to day disbursements operation within the center and the 3rd party provider
? Assure processing is performed within standards and attain service level agreement.
? Assist in issues resolution with or between internal contributors or external parties to the process
3. Provide assistance to ensure that all information is prepared for the local statutory books.
? Provide analysis and support to the financial accountant(s) and auditors as required to ensure full tax and audit compliance.
? Prepare Statistical & ad hoc information required.
? Assist with VAT & Statutory returns as required.
4. Support the 3rd Party outsource team:
? Provide resolution of escalated operational issues
? Support the completion of root cause analysis for any QC or performance issues of the 3rd party outsource team
? Provide guidance and training to embed new learnings and exceptions across 3rd party outsource team
? Provide feedback on the performance of the 3rd Party outsource team
5. Perform full payables functions within the defined process standards.
? Perform activities and duties in accordance with Abbott internal controls and policies.
? Continuously improve process design focusing on simplification, standardization, quality improvement and cost minimization
? Contribute to process improvement reviews
? Evaluate best practices with global peers and develop improvement suggestions
? Maintain policies and procedures for the AP processes in accordance with GPM guidance
? Monitor and control open Purchase Orders, Two-way match Purchase Order and monitor OEC compliance
? Assist in ensuring accurate and timely month end close and corporate reporting
6. Assist the STP Disbursements Manager in developing and reviewing scorecard results for Accounts Payable and T&E in the region.
? Provide assistance in the implementation of the global standard disbursements processes, to meet the needs of the shared services stakeholders.
? Track and report on metrics for disbursements performance within the center and assist in developing action plans to meet targets.
7. Ensure integrity of internal controls, in partnership with the compliance team:
? Support statutory compliance and preparation for internal and external audits associated with STP processes for the region.
? Provide oversight and support for responses to and remediation of audit findings, across internal and 3d party outsource service providers, as required.
Minimum Education
? Bachelor Degree in Business or Accounting
Minimum Experience
? 3 plus years of AP experience inclusive of all aspects of Accounts Payable and Travel and Entertainment
? Prior recent experience working in a captive SSC environment preferred. Experience in transition project participation is an advantage.
? Experience with 3rd party outsource providers essential
? Strong ability to interact with internal and external parties at various levels
? Attentive to detail with a propensity for continuous improvement
? Must have hands on SAP experiences in AP module
? Additional other non-SAP ERP experience a plus
? Reasonable skill level on Excel, Word & Outlook
Minimum Language Skills: English and Mandarin are required, fluency in Japanese language is a plus
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