Finance Lead, ECM (External & Contract Manufacturing)

Company Description

AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas - immunology, oncology, neuroscience, and eye care - and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on X, Facebook, Instagram, YouTube, LinkedIn and Tik Tok.

Job Description

ECM (External & Contract Manufacturing) Finance Lead

The Finance Lead is responsible for setting product standard costs, financial planning, and reporting on variances throughout the year for ECM (External & Contract Manufacturing) Finished Goods & Devices. The Finance Lead will provide financial leadership and guidance in support of Pharmaceutical Finished Goods sourced from Third Party Manufacturers (TPMs). More specifically, the Finance Lead will partner closely with the broader ECM, and Supply Chain teams to ensure that Pharma brands are available for our patients, all internal controls are applied appropriately, and insightful financial analysis is provided to achieve strategic and day-to-day business objectives. This is a Cost Accounting role and will provide exposure to cost accounting principles, variance analytics, and inventory valuation.

AbbVie's mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology, women's health, and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com.

Responsibilities:

• Financial Reporting & Analysis - Actuals Processes and Reporting:
  • Review and approve monthly ECM Product and Project accruals, reclasses and various cost allocation journal entries, in partnership with Finance Shared Services.
  • Provide insight on key financial drivers on Pharma portfolio impacting US & OUS actuals.
  • Deliver commentary of variances to LBE, Plan during Month-End Flash meetings.
  • Ensure that all financial transactions are accounted for appropriately.
• Financial Planning & Analysis - Plan/Update/LRP/LBE Cycles
  • Coordinate, consolidate and manage the development and reporting of Actuals, Plan, Update, Latest Best Estimate (LBE) and Long-Range Plan (LRP) including product variances, project expense, and headcount.
  • Responsible for planning and monitoring projects that support product manufacturing and ECM key strategies.
  • Lead standards development for brands in their scope of control.
  • Provide insight on key financial drivers on Established Brands products portfolio to support US & OUS forecasting.
• Business Partnerships:
  • Partner with ECM and Brand teams to provide financial leadership and support for key initiatives or special projects.
  • Partner with ECM, Brand and Pipeline teams to support launch of new Pharma assets.
  • Develop strong partnership with Procurement to understand impacts of Terms and Conditions within our ECM Contracts.
  • Work closely with ECM to evaluate risk mitigation strategies when concerns arise in the existing Supply Chain.
• Internal Controls & Compliance:
  • Ensure financial results are in compliance with AbbVie financial policies (CFM's), Sarbanes Oxley and US Generally Accepted Accounting Principles.
  • Lead annual Physical Inventory counts at TPMs in scope.
  • Perform monthly inventory reconciliations for AbbVie consigned inventory at TPMs.
  • Enforce and enhance internal controls by providing guidance and counsel to Brand teams in areas of Corporate Finance Manual (CFM) policies, divisional internal control procedures and international policies.

Qualifications

• Bachelor's Degree B.S. or B.A. in Business (Business/Accounting/Finance). CPA/MBA desired.
• Minimum of 6+ years of relevant experience. Experience in plant/cost accounting is a plus.
• Builds strong relationships with peers and cross functionally with partners outside of team to enable higher performance.
• Ability to communicate as well as influence through relaying complex data in simple terms and driving actionable intelligence.
• Knowledge and proficiency in systems, particularly MS Excel/PowerPoint. Ops BA and SAP a plus.
• Innovative with a continuous improvement mindset.
• Excellent problem solving and decision-making abilities.
• Individual must be self-motivated and demonstrate a high level of accountability. Able to work independently and adjust priorities as needed.

AbbVie is committed to operating with integrity, driving innovation, transforming lives, serving our community, and embracing diversity and inclusion. It is AbbVie's policy to employ qualified persons of the greatest ability without discrimination against any employee or applicant for employment because of race, color, religion, national origin, age, sex (including pregnancy), physical or mental disability, medical condition, genetic information, gender identity or expression, sexual orientation, marital status, status as a protected veteran, or any other legally protected group status.

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.

AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives and serving our community. Equal Opportunity Employer/Veterans/Disabled.

US & Puerto Rico only - to learn more, visit https://www.abbvie.com/join-us/equal-employment-opportunity-employer.html

US & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more:

https://www.abbvie.com/join-us/reasonable-accommodations.html