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Manager, SOX Audit

Company: Abbott Laboratories
Location: Saint Paul
Posted on: January 13, 2022

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 109,000 colleagues serve people in more than 160 countries.We are seeking a Manager, SOX Audit to join our team. Position is responsible for providing objective assurance to the Audit Committee and senior management on whether financial and fraud risks have been properly assessed, actions are being taken to adequately manage the risks and related controls are sufficient and operating effectively. - Manages the successful completion of the financial SOX portions of the Global Internal Audit (IA) Plan. - Job responsibilities include managing internal audit resources, including those from our co-source provider (Deloitte). Works with management to promote the importance of maintaining a strong control environment at Abbott and to ensure deficiencies are addressed timely. WHAT YOU'LL DO

  • Develops overall department scope and approach to completing the financial SOX portions of the Global IA Plan. - Also responsible for tracking progress against plan and making adjustments as necessary.
  • Manages successful completion of the financial and fraud portion of the Company's annual Sarbanes-Oxley assessment, which is relied on by the CFO and CEO in their certification. - - -
  • Manages Internal Audit's support to the external auditor (EY) related to the completion of their annual audits of the Company's financial statements, internal controls over financial reporting and statutory financial statements.
  • Manages the work done by the SOX Internal Audit team to ensure work performed is complete, accurate and adequately documented.
  • Prepares recommendations for control issues noted during the audits and works with management to ensure they develop remediation plans that address the deficiencies.
  • Provides input to Finance on ways to improve the Company's controls and processes.
  • Reports (orally and in writing) on the results of all work performed. - Prepares written reports for the Audit Committee.
  • Develops and encourages the growth of all direct and indirect reports through training, communication, information sharing, goal setting, ongoing performance feedback and skills development
  • Establishes positive working relationships with management and provides input on risks and controls while maintaining independence and objectivity.
  • Manages the review of financial related controls for acquisitions.
  • Manages Global Internal Audit resources, including those from our co-source provider (Deloitte). -
  • Communicates overall results of reviews including control issues noted and remediation plans. - Responsible for tracking of remediation efforts and escalation of issues not properly addressed. -
  • Hires and retains a diverse, highly qualified staff and provides ongoing performance feedback. Maintains a safe and professional work environment.
  • Complies with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments. - Maintains positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors.
  • Performs other related duties and responsibilities, on occasion, as assigned. EDUCATION AND EXPERIENCE YOU'LL BRING
    • Bachelor's degree in Accounting/Finance. CPA or other certification (CIA), highly preferred.
    • Minimum 5 years of relevant experience in public accounting or combination of public accounting and audit experience with large company. Prior Abbott internal audit experience highly desirable.
    • Ability to successfully manage multiple concurrent reviews
    • Strong understanding of - Sarbanes - Oxley and business process control requirements
    • Audit experience in testing SOX related processes and controls
    • Ability to see different perspectives on an issue or question
    • Strong analytical skills
    • Ability to use discretion and handle sensitive/confidential information -
    • Demonstrated ability to understand and comply with applicable regulations and Company operating policies and procedures
    • Experience working in a broader enterprise/cross division business unit model preferred.
    • Ability to work in a highly matrixed and geographically diverse business environment.
    • Strong leadership skills, including the ability to set goals and provide positive and constructive feedback respectfully to build positive relationships and improve business results. -
      • Ability to work effectively within a team in a fast-paced changing environment.
      • Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization.
        • Ability to understand the cost/benefit of controls (and when the cost outweighs the benefits)
          • Multi-tasks, prioritizes and meets deadlines in timely manner.
          • Strong organizational, planning, and follow-up skills and ability to hold others accountable.
          • Ability to travel approximately 10-20%, including internationally.
          • Ability to maintain regular and predictable attendance. WHAT WE OFFER At Abbott, you can have a good job that can grow into a great career. We offer:
            • Training and career development, with onboarding programs for new employees and tuition assistance
            • Financial security through competitive compensation, incentives and retirement plans
            • Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
            • Paid time off
            • 401(k) retirement savings with a generous company match
            • The stability of a company with a record of strong financial performance and history of being actively involved in local communities Learn more about our benefits that add real value to your life to help you live fully: -

Keywords: Abbott Laboratories, St. Paul , Manager, SOX Audit, Executive , Saint Paul, Minnesota

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