Accountant

Job Description

The Junior Project Accountant facilitates the correct accounting for AbbVie's capital projects utilizing SAP Project Systems, and ensures assets are capitalized and depreciated timely. The Junior Project Accountant must be knowledgeable of functional areas' business operations as well as the policies that govern proper accounting treatment for expenditures. The incumbents expertise as to how SAP Project Systems interface with purchasing and accounting modules makes this role critical for the proper accounting over US based Fixed Assets and enables the accountant to provide a high level of customer service to Project Engineers and finance organizations. This role works closely with Project Engineers (PE) from the initial project set-up in the SAP Project Systems, to asset capitalization and project closeout in SAP. This role is part of the Finance Shared Service Organization and is the key liaison between the US Business Units and BPO.

Responsibilities

Initial project setup in Project Systems based on approved Request for Capital Expenditure (RCE), including appropriate budget levels, cost centers, and person(s) responsible. Ensure Work Breakdown Structure (WBS) levels are appropriate based on the scope of the RCE. Guide PE in the correct set up of complex projects that may span several entities.

Analyze and maintain projects by solving errors in use of Shopping Carts, accounts, and expenditure categorization. Works with PE to ensure projects and sub-projects reflect the proper timeline for asset capitalization and project closure and works with PE's to clear up pending transactions within SAP that prevent final closure of the project. Provides guidance as needed to non-Lake County sites.

Analyze and Approve Shopping Carts by ensuring the cart is within scope of the project to which it is being recorded and it is not being routed on a date that is beyond the project's forecasted completion date. Ensure correct WBS level is identified on shopping cart, and appropriate general ledger account is used to record expenditure. Analyzes shopping cart for unusual circumstances that may require additional approval or adjustment and track the assets that are being impacted by the shopping cart.

Capitalization of assets- Complete the Asset Information Form (AIF) and capitalize fixed assets in SAP, and reconcile asset spending to purchase orders and project. Reviews PO to ensure all assets are captured on AIF, follows up with project management to ensure that assets are capitalized on a timely basis, and assigns asset tags to individual assets.

Professional Engagement with Business Unit and Finance personnel throughout project lifecycle.

Professional Engagement with BPO for processing initial project setup, project maintenance, asset transfers, asset retirements, and timely resolution of project issues in order to meet customer expectations from the various US business units.