AbbVie

Manager, Finance

AbbVie$120K — $145K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 4-year degree in finance or accounting preferred
  • 7+ years in FP&A, Contracting, or Price forecasting
  • Proven ability to work independently and within teams
  • Excellent communication skills across management levels
  • Advanced Excel skills for complex financial modeling
  • Adaptable to changes and tight timelines
  • Strong analytical skills with familiarity in SAP and other systems
  • Champion of process improvements and automation
  • Effective interpersonal skills for cross-functional collaboration
  • Preferred: Knowledge of Allergan brands and gross to net accounting

Responsibilities

  • Define and implement financial control environments for Allergan Aesthetics
  • Evaluate customer sales and contracts for quarterly renewals
  • Assess commercial program proposals and government reporting implications
  • Ensure accurate capture of approved discounts in reporting
  • Influence business partners and drive optimized contract performance
  • Support strategic pricing initiatives and continuous improvements
  • Analyze net cost recovery based on current business strategy
  • Monitor rebate constructs impacting pricing calculations
  • Conduct post-mortem evaluations on contract performance
  • Document and maintain procedures for key financial processes

Benefits

  • Paid time off (vacation, holidays, sick)
  • Medical, dental, and vision insurance
  • 401(k) plans for eligible employees
  • Participation in long-term incentive programs
Full Job Description
Job Description

This is a financial leadership role within the Aesthetics US finance team accountable for financial review of customer contracts, net cost recovery, and sales allowance pricing governance with respect to top accounts. This role would directly partner with the Professional Loyalty & Governance team as well as various finance teams across AbbVie.

Responsibilities:

Key responsibilities are defining, implementing, and monitoring a control environment for Allergan Aesthetics (AA). These responsibilities include:
  • Responsible for end-to-end finance review process and key deliverables for the quarterly contract renewal cycle. Evaluate customer sales volume and current contract offers to ensure renewals align to evolving business strategy. Strong sense of ownership and accountability over all deliverables to achieve required timelines.
  • Review commercial program proposals, investigate and liaison with US Contracts and Pricing Finance team to assess Government reporting implications (i.e. AMP, Best Price, product un-bundling). Determine program feasibility, operational requirements and advise senior management.
  • Execute key controls to ensure approved discounts are captured in AbbVie reporting applications completely and accurately. Partner closely with Physician Loyalty and Contracting teams on control, SOPs, and best practices over customer pricing.
  • Provide strong partnership and strategy to influence business partners, drive decisions, and optimize contract performance. Demonstrate clear understanding on how performance drives gross to net forecasting and results.
  • Drive continuous improvement by supporting new, ad hoc, temporal or other strategic pricing initiatives as requested by commercial business partners and management.
  • Perform quarterly and ad hoc net cost recovery analyses for multiple scenarios to ensure forecasted volume and price aligns with current business strategy.
  • Perform quarterly and ad hoc monitoring over 1) rebate constructs that impacts product unbundling calculations for offers currently in market and 2) all potential offers impacting price unbundling before customer contracts are finalized. Support the quarterly accrual process with documented support for complex manual journal entries.
  • Track contract rebate performance and present the post-mortem evaluation of contract performance for each contract renewal cycle to understand the impact of new terms.
  • Support pricing governance through controls and ad hoc monitoring to ensure approved contract pricing is recorded completely and accurately in AbbVie systems.
  • Document, own, and maintain desktop procedures over all key processes.


Qualifications
  • 4-year undergraduate degree, with emphasis in finance or accounting preferred
  • 7+ years related work experience in FP&A, Contracting or Price forecasting preferred
  • Ability to work productively within a team environment and perform duties independently while keeping Finance management informed.
  • Must have excellent oral and written communication skills as job responsibilities include communicating with various levels of management.
  • Proficient in creating and maintaining highly complex Excel financial models.
  • Requires an ability to respond to change and adapt quickly to change to achieve required timelines.
  • Strong analytical skills including use of Excel, advanced modeling, and systems (SAP, Conga/Salesforce, Model N). Power Query, PowerBI, ThoughtSpot, Tableau knowledge a plus.
  • Must be comfortable breaking down large amounts of data.
  • Raises the bar and is never satisfied with the status quo. A champion of process improvement and automation to decrease time spent on reoccurring tasks.
  • Strong interpersonal skills, including being a team player; comfortable working with cross-functional teams, while also having the ability to partner with and influence others.
  • Knowledge of Allergan brands, cash pay vs reimbursement distribution models, AbbVie/Allergan reporting systems and gross to net accounting is 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 thisposting 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 anduntil 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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