Sr. Payroll Analyst

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 location in the CHR Corporate Human Resources division.

As the Senior Payroll Analyst, you’ll perform a variety of complex weekly, monthly, quarterly, and annual duties at a high level of competence, confidence, and creditability. Assumes a supportive role to all levels of leadership internally and externally in the Payroll department.

What You’ll Work On

• Analyzing data and preparing reports for business users.
• Reconcile accounts, balancing & initiating bank funding, reconciling benefit funding each pay period.
• Preformed monthly, quarterly, annual tax reports and reconciliations.
• Works under minimal supervision. Independently determines and develops approach to solutions. Work is reviewed upon completion for adequacy in meeting objectives.
• Work is reviewed for soundness of judgment, overall adequacy, and accuracy.
• Plans, organizes, and prioritizes own daily work routine to meet established schedule.
• Assumes a leadership role in training and mentoring less experienced staff
• Exercises authority and judgment within defined limits to determine appropriate action.
• Requires high levels of competence, confidence, and creditability
• Interactions are frequently with all management levels
• As such, after hours activities may be required during a crisis or emergency situation
• Assist upper management, and other workstream management when current manager is unavailable
• Attend meetings as a representative of specific workflow when senior management is unavailable • 14.
• Work with internal and external auditors

Position Accountability / Scope

• Working with cross-functional teams in connection with projects and to provide division-wide support
• Intermediate knowledge and understanding of business processes and requirements 
• Frequently handles confidential or business-sensitive information
• Maintains and may manage calendars, including meeting and travel scheduling and domestic and international travel arrangements
• Proactively identifies and resolves scheduling conflicts
• Point of contact for team schedules

Required Qualifications

• Bachelor’s degree or equivalent experience required
• 6+ years of previous relevant experience both overall and any industry-specific experience needed.
• Experience processing payroll and/ administering time reporting systems.
• Experience working in a broader enterprise/cross-division business unit model preferred.
• Ability to work in a highly matrixed and geographically diverse business environment.
• Ability to work within a team and as an individual contributor in a fast-paced, changing environment. Ability to leverage and/or engage others to accomplish projects.

Preferred Qualifications

• Education: Masters in relevant field
• Certified Public Accountant or Certified Payroll Professional
• Data Analytics Experience
• Experience managing a team
• Mastery of Microsoft Suite

Experience with Workday* 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.

I am not able to post positions for OUS. The locations have to be based in the US. You would need to open two separate requisitions in their respective countries to recruit from there. I’ve previously worked with the HRGS team, and the hiring manager normally emailed the teams in those countries, letting them know that the position was available to be based in different countries. Let me know if you want me to open the requisition as previously planned or if you would like me to close it.”