AbbVie

Finance Director, Alliance Accounting

AbbVie$150K — $180K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or Finance; CPA and/or MBA preferred but not required.
  • 7-10 years of progressive experience in Finance and/or Accounting.
  • Prior supervisory experience leading and developing a team.
  • Strong analytical, problem-solving, and organizational skills.
  • Proficient in Microsoft Excel, PowerPoint, and Workiva.

Responsibilities

  • Lead month-end close activities for licensing arrangements, ensuring accuracy in global royalty income and expenses.
  • Oversee processing of royalty, profit-share, and milestone payments, including collection of inbound royalties.
  • Maintain an inventory of commercial milestones and prepare cash flow forecasts for milestone payments.
  • Support forecasting for global royalty expenses during commercial planning cycles.
  • Collaborate with Alliance Management to review internal financial information and liaise with external partners.

Benefits

  • Comprehensive package including paid time off, medical/dental/vision insurance, and 401(k) for eligible employees.
  • Opportunity to participate in long-term incentive programs.
Full Job Description
As the Director, Alliance Accounting, you will lead a team responsible for providing accounting and finance support for AbbVie's portfolio of commercialized licensing arrangements. In this role, you will partner closely with various functions, including Alliance Management, Therapeutics, Aesthetics, Legal, Tax, Business Development, and R&D Finance to ensure accurate reporting, timely processing of payments, and strong financial stewardship of alliance-related activities. Responsibilities: • Lead month-end close activities for a portfolio of commercialized licensing arrangements, ensuring accurate and timely recording of global royalty income and expense, as well as completion of balance sheet reconciliations. • Oversee the accurate and timely processing of royalty, profit-share, and milestone payments, including the collection of inbound royalties and milestone payments. • Maintain and regularly update an inventory of commercial milestones, reassess expected achievement timing with key internal stakeholders, prepare milestone cash flow forecasts across planning cycles, and oversee milestone payment package preparation. • Support Commercial planning cycles by forecasting global royalty expense and responding to ad hoc requests. • Partner with Alliance Management to coordinate the collection, consolidation, and review of internal non-R&D financial information and facilitate the exchange of information with external alliance partners and internal stakeholder groups. • Serve as the finance lead for joint commercial and strategic committee groups. • Act as the subject matter expert for the financial aspects of licensing agreements. • Support Legal by completing ad hoc requests related to licensing agreements. • Support internal and external audits by providing auditors with requested data and documentation. • Partner with Business Development to review new licensing agreements and identify opportunities to mitigate accounting and reporting risks. • Supervise, mentor, and develop a team of 10, including two direct reports. Qualifications • Bachelor's degree in Accounting or Finance; CPA and/or MBA preferred but not required. • 7-10 years of progressive experience in Finance and/or Accounting. • Prior supervisory experience leading and developing a team. • Strong analytical, problem-solving, and organizational skills. • Strong interpersonal and communication skills, with a proven ability to build relationships and collaborate effectively across functions and with external partners. • Ability to work independently, manage multiple priorities, meet tight deadlines, and balance competing stakeholder demands. • Strong attention to detail and proactive, independent thinking. • Proficiency in Microsoft Excel, PowerPoint, and Workiva. • Experience with large-scale ERP and planning systems such as BPC and SAP preferred. 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.

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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
Net Income
$4.6 billion
Founded
2013
5 Year Trend
+17%
Revenue
$45.8 billion
NASDAQ

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