AbbVie

Associate Director, R&D Finance - Portfolio Externals

AbbVie • $135K — $160K *
North Chicago, IL 60064In-Person
Pharmaceuticals & Biotech
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance or Accounting; CPA or MBA preferred.
  • 7-10 years of progressive experience in finance or accounting roles.
  • Strong analytical and problem-solving abilities.
  • Ability to self-manage and drive processes effectively.
  • Excellent verbal and written communication skills.
  • Proficiency with financial systems, notably Workiva and Power BI.
  • Knowledge of SAP and BPC.

Responsibilities

  • Manage monthly, quarterly, and annual Externals Spend planning.
  • Design and build R&D visualizations using Power BI.
  • Support the monthly portfolio review and quarterly prioritization processes.
  • Prepare executive-level financial reports to aid decision-making.
  • Collaborate with finance directors on external and portfolio financial insights.
  • Ensure governance funding requests are accurately reflected in financial systems.
  • Conduct variance analysis and create management reporting schedules.

Benefits

  • Paid time off including vacation, holidays, and sick leave.
  • Medical, dental, and vision insurance options.
  • 401(k) retirement savings plan for eligible employees.
  • Participation in long-term incentive programs.
Full Job Description
Job Description

Purpose

The primary objective of this position is to oversee the financial planning and analysis processes and requirements across the R&D Externals and R&D Portfolio views (internals and externals). Prepares management analysis of actual vs. benchmark results, provides business decision support and leads key projects and initiatives to improve financial processes. This position leads the Externals, Portfolio, and consolidated R&D visualization efforts through Power BI dashboards. Prepares the financial cycle book content for the Externals and Portfolio views. This position reports directly to the Assistant Controller, R&D FP&A and interacts with all levels of finance and business management.

Responsibilities
  • Oversee/manage Externals Spend monthly, quarterly and annual Plan, LRP and LBEs as required. Partners with finance teams to understand key/plus minus items.
  • Oversee/manage/design/build the R&D visualization of Externals, Portfolio views, Internals and consolidated R&D in Power BI.
  • Provides support for the monthly portfolio review forum (PRF) and quarterly portfolio prioritization (QPP) including providing and reconciling baseline information for internals and externals.
  • Prepare executive level financial materials and underlying support to drive clear and consistent decision making by leaders across the R&D business.
  • Collaborate with the Therapeutic Area & Functional Finance Directors to ensure externals and portfolio views are accurately reflecting the financial dollars and timelines.
  • Understand Governance (EPG, LMG, DRC, QPP, PRF) funding requests and coordinate with functions to ensure approved items are dialed into AMP / BPC appropriately.
  • Provides relevant variance analysis for each planning cycle and develops meaningful management reporting schedules and ensures accuracy and predictability of results and key metrics.
  • Champions process improvements focusing on governance, PRF, QPP, LBE and LRP.
  • Manages the R&D Finance Externals calendar to maintain timely monthly deliverables for governance, R&D and Finance.
  • Documents and updates finance processes, specific to the Externals finance team.
  • Supports key projects and initiatives (e.g, Portfolio Prioritization visualization, Foreign Currency Optimization, Power Bi/SAC strategy).
  • Manage, coach and develop direct and indirect report by setting clear priorities in support of deliverables.


Qualifications
  • Bachelor's degree in Finance or Accounting. CPA or MBA a plus.
  • Minimum 7-10 years of progressive and related experience.
  • Strong financial, analytical and problem-solving skills.
  • Self-starter with ability to operate independently, drive processes, identify and implement process improvements, establish, and adjust priorities to achieve objectives and operate with speed and agility.
  • Strong communication skills (verbal and written), with all levels of management and including the ability to listen well and to influence others that do not report directly.
  • Strong system skills and willingness to learn new systems (e.g. Workiva, Power BI)
  • Knowledge of SAP, BPC.


Additional Information

Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law:
  • The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more or less than the posted range. This range may be modified in the future.
  • We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.
  • This job is eligible to participate in our long-term incentive programs.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole and absolute discretion unless and until paid and may be modified at the Company's sole and absolute discretion, consistent with applicable law.

About AbbVie

AbbVie develops pharmaceuticals and medical devices. They provide products and services to therapeutic areas including immunology, oncology, neuroscience, eye care, virology, women's health, and gastroenterology.

AbbVie Careers

Joining AbbVie means becoming part of a global team dedicated to making a remarkable impact on patients' lives. At AbbVie, our employees are united in the pursuit of groundbreaking innovation and are committed to transforming the future of healthcare with leading-edge science.

Work You’ll Do

At AbbVie, you’ll collaborate with some of the brightest minds in the industry to solve challenging problems that have a high impact on society. Our culture fosters growth and embraces leadership and diversity training, ensuring that every team member can thrive.

Explore Job Opportunities

AbbVie offers a wide range of job opportunities and career paths, providing a platform where professionals can propel their careers forward. From research and development to marketing and sales, the potential to make a significant impact is limitless.

Internship Programs

Kickstart your career with an AbbVie internship. Our programs provide invaluable industry experience and a chance to develop essential skills in a real-world setting. Interns at AbbVie are considered integral members of the team and are given tasks that are both challenging and rewarding.

Professional Growth and Development

We believe in nurturing our team's professional growth through comprehensive training programs, leadership development opportunities, and continuous learning. Our commitment to your career growth is reflected in our robust offerings that enhance your skills and knowledge.

Benefits and Culture

AbbVie is dedicated to supporting our employees' well-being both inside and outside of work. Our benefits package includes health, financial, and social benefits that are designed to support the diverse needs of our employees. Our inclusive culture encourages collaboration and innovation, fostering a workplace where all can excel.

Hiring Process

Our hiring process is designed to ensure a match that will be beneficial both for the company and for your career aspirations. From resume submission to interview, each step is an opportunity to showcase your skills and fit with the AbbVie team.

Networking and Career Advancement

At AbbVie, networking doesn’t just enhance your career; it propels it. We encourage our employees to engage internally and externally to build relationships that foster personal and professional growth.

Join Our Team

Search open positions that match your skills and interests. We are looking for passionate, curious, and innovative team players who are ready to make a difference.

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Explore AbbVie Jobs

Whether you’re seeking to advance your career in a dynamic and empowering environment, or looking for a place where you can innovate, lead, and contribute to something bigger, AbbVie is the place for you. Join us in our mission to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow.
Learn more about AbbVie
Size
50,000 employees
Market Cap
$288.5 billion
Industry
Pharmaceuticals & Biotech
Net Income
$4.6 billion
Founded
2013
5 Year Trend
+17%
Revenue
$45.8 billion
NASDAQ
ABBV
* Ladders Estimates

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