AbbVie

Senior Analyst, Global R&D Study Forecasting

AbbVie • $100K — $120K *
North Chicago, IL 60064In-Person
Pharmaceuticals & Biotech
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance or Health Sciences required.
  • 4+ years of progressive and related experience.
  • Strong financial, analytical, and problem-solving skills.
  • High attention to detail.
  • Ability to derive insights from data and summarize effectively.
  • Quick learner with adaptability to changing circumstances.
  • Self-starter with independent operational capabilities.
  • Strong relationship-building skills across functions.
  • Excellent time management and self-management skills.
  • Proficient in Excel; knowledge of SAP and Power BI is a plus.

Responsibilities

  • Accountable for clinical study budgets within a specific Therapeutic Area.
  • Support all aspects of the clinical trial budget process, including cost analysis and budget management.
  • Gather data from various sources to provide quality budget information to management.
  • Prepare predefined and ad hoc reports for clinical teams and finance management.
  • Assess and investigate study spend versus forecast.
  • Proactively update forecasts regularly and communicate status updates to management.
  • Interact with various levels of management and functions within the organization.

Benefits

  • Comprehensive benefits package including paid time off, medical/dental/vision insurance, and 401(k).
  • Eligibility for short-term incentive programs.
Full Job Description
Job Description

The Global R&D Senior Study Forecasting Analyst is responsible for supporting and performing financial analyses and budgetary reconciliations of Oncology clinical trial budgets. The Senior analyst monitors study forecasts and is responsible for managing study expenses and forecasts for Plan, LBE, LRP and Portfolio submissions. This position collaboratively interfaces with the clinical teams, respective finance management and supports ad-hoc requests and projects.

Responsibilities:
  • The Senior Analyst is accountable for a specific set (by indication) of clinical study budgets within a Therapeutic Area, supporting both ongoing and planned studies. The Senior Analyst has a thorough understanding of the budgets and utilizes financial and tracking tools to prepare, develop and monitor forecasts on a monthly basis as well as report and reconcile for Quarterly reviews.
  • Support all aspects of the clinical trial budget process including trial cost analysis, scenario planning, contract funding approval, and study budget management through the study life-cycle.
  • Gathers data from a variety of sources and provides quality clinical study budget information and metrics to Clinical and Finance Management to aid in planning decisions
  • Responsible for preparing predefined and ad hoc reports for the clinical teams and finance management, communicating on a timely basis for variance discrepancies and issue resolution.
  • Support the business in assessing and investigating study spend vs. forecast.
  • Demonstrate awareness and use of data sources by proactively updating previously established forecasts at a regular cadence (monthly LBEs, Quarterly R/OSS reviews, 50%/100% enrollment timepoints, annual cost validation), and updates manager as to the status of the study being forecasted (startup, Main R/OSS, reconciliation and close-out).
  • Interact with various levels of management and functions within the organization.
  • Support finance management on ad-hoc requests and projects.


Qualifications
  • Bachelor's degree in Finance or Health sciences is required.
  • Minimum of 4+ of progressive and related experience.
  • Strong financial, analytical and problem solving skills.
  • Strong attention to detail
  • Demonstrated ability to derive insights from data and distill into summarized format
  • Learns fast, grasps the "essence" and can change course quickly where indicated.
  • 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.
  • Builds strong relationships with peers and cross functionally with partners outside of team to enable higher performance
  • Excellent time management with respect to priorities as well as self-management skills
  • Proficient Excel skills required. Knowledge of SAP and Power BI a plus.


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 short-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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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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