ABBOTT LABORATORIES Freight Analyst Salary in the United States

How much does a Freight Analyst make at companies like ABBOTT LABORATORIES in the United States? The average salary for Freight Analyst at companies like ABBOTT LABORATORIES in the United States is $63,967 as of June 27, 2024, but the range typically falls between $53,930 and $74,004. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, helps you determine your exact pay target.  View the Cost of Living in Major Cities


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What does a Freight Analyst do at companies like ABBOTT LABORATORIES?

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 103,000 colleagues serve people in more than 160 countries.

Position Summary

This position will act as subject matter expert to entire department on issues related to their specific areas of expertise (may include audit control, Freight Pay systems and account reconciliation).

Lead department in knowledge sharing and communication on optimal usage of system tools.

Provide and present summary reporting of results to higher management in a timely manner.

Will provide coaching and leadership to the freight technician. Identify root causes of complex issues and trends and act as subject matter expert for Freight Payment.

With guidance from Lead Disbursements, prepare compelling data presentations.

Identify emerging operational issues for presenting business cases and recommendations to Lead Disbursements or Manager.

Act as a champion to drive implementation of process improvements both inside and outside the department.

Support relationships and engage in effective communications with our customers.

Provide coherent recommendations to management when issues warrant escalation.

Coordinate and lead intra-department process improvement teams.

Take key role on or may lead multi-functional or multi-divisional teams.

Additional Main Responsibilities

Responsible for compliance with applicable Corporate and Divisional policies and procedures.

Act as primary liaison between TranzAct and Abbott.

Monitor TranzAct daily for system issues.

Take appropriate action where needed (notifying TranzAct of an existing problem, creation of processing rules, etc.) · Identify incorrect billing trends or other carrier related issues.

Collaborate with TranzAct/Lean Logistics and carriers to correct issues for proper billing and timely payments Analyze daily error queue.

Verify invoice ownership and code accounts for processing.

Investigate incorrect account codes and update accordingly.

Reject invoices when needed (ownership issues or incomplete documentation).

Communicate with internal stakeholders where invoices require additional approvals for audit or excessive charges.

Communicate with external stakeholders when additional information is required Reconcile and validate weekly funding request Excel file and PDF invoice from TranzAct ($400M to $1MM weekly) within the specified time period as required.

Identify data issues that require correction.

Submit data corrections to TranzAct prior to funding.

Verify SAP data and reconcile all company codes and divisions before submitting funding request to Manager Perform monthly reconciliation.

Verify all weekly funding requests amounts against monthly reports provided by TranzAct.

Reconcile WRICF10 SAP upload reports against funded amounts.

Upload to divisions in SAP to distribute expense to proper departments.

Perform monthly reconciliation of Balance Sheet account for Accounting ($2MM to $4MM monthly).

Provide monthly reporting to Divisions.

Ad hoc reporting may be requested.


B.A./B.S. in Business required - Accounting/Finance preferred   4+ Years related experience beyond the degree or MBA plus related experience

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$53,930 Low Average $63,967 High $74,004

Understand the total compensation opportunity for Freight Analyst at companies like ABBOTT LABORATORIES, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

The chart shows total cash compensation for the ABBOTT LABORATORIES Freight Analyst in the United States, which includes base, and annual incentives can vary anywhere from $53,930 to $74,004 with an average total cash compensation of $63,967. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
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