AbbVie

Assistant Controller, US Commercial Finance

Employer
AbbVie
Location
Lake County, IL, United States
Posted
Nov 25, 2020
Ref
2008540
Discipline
Administration, Finance
Required Education
Bachelors Degree
Position Type
Full time
About AbbVie
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 . Follow @abbvie on Twitter , Facebook , Instagram , YouTube and LinkedIn .

The primary objective of this position is to provide financial leadership and business support for US Commercial Operations, a business unit responsible for sales of ~$42Bn and corresponding margin of ~$30Bn. Specifically, this position is responsible for all consolidated financial planning and reporting activities related to Monthly Close / LBEs and annual Plan / LRP processes. In addition, this position provides decision-making support and recommendations to Senior Management taking into consideration market dynamics, market share, market access and brand resourcing. This position leads US Commercial through the development / implementation of systems / processes / procedures that facilitate accurate and timely consolidations through the various financial planning and reporting cycles.

Core Responsibilities
  1. Financial Reporting and Internal Control :
    • Lead the monthly, quarterly and annual close / reporting processes ensuring accurate and timely reporting of monthly financial results in accordance with GAAP and reporting requirements from Division, Global and Corporate requirements.
    • Develop effective reporting, monitor performance and support development of contingency plans as necessary to deliver results with clear and concise commentary.
    • Work closely with the external and internal audit teams to complete all audit cycles effectively and implementing any audit recommendations according to due dates as applicable.
    • Drive to continue to enhance internal controls and ensure financial results are recorded in compliance with AbbVie financial policies, SOX and GAAP.
  2. Financial Planning and Analysis :
    • Proactively lead the planning processes [Plan, UPD, LBE and LRP] ensuring accurate and timely integration of sales forecast, pricing and investment resourcing, ensuring senior management input to meet overall Division / Global / Corporate deadlines and deliverables.
    • Coordinate across the division timelines, requirements, targets, financial presentations, and financial results for all Corporate planning requirements.
    • Lead the finance team that provides direct financial support to all of the support organizations within the division.
    • Ensure financial planning and reporting deliverables are accurate, clear and concise for Executive level review and approval.
  3. Strategic Business Partnership:
    • Provide proactive leadership across overall Financial Planning and Reporting function by effectively communicating / interfacing with Senior management, business unit controllers and other cross functional teams within US Commercial as well as all external customers encompassing Global and Corporate FP&A communities.
    • Be a strategic partner to US Commercial and provide clear and concise output deliverables that are Executive management ready.
    • Decision Support / Special Projects -- Provide analyses for ad hoc or other business presentations that lend insight into key business drivers enabling senior management to adapt more appropriate tactics / strategy to meet both short and long term objectives.
  4. People Leadership and Development:
    • Effectively lead and develop team of 17 professionals with 4 direct reports.

Reports To:
  • Vice President, Controller
  • Effectively manage matrix relationships with US/Global/Corporate Finance, FSS, PSM, Internal/External Audit, US Commercial Leadership (AMT)


Qualifications

Required:
  • 12-15 years progressive accounting or finance experience
  • Bachelor's Degree in Accounting or Finance
  • Excellent verbal and written communication skills
  • Experience in leading and motivating a team in a dynamic business environment to successfully achieve results / deliverables
  • Ability to solve business problems through the proactive identification of issues and subsequent collection, analysis, and interpretation of related data
  • Experience supporting senior operating management
  • Experience working independently as well as team environments and integrating activities across multiple functions / divisions

Preferred:
  • MBA in Accounting or Finance and / or CPA
  • US Commercial experience and knowledge of the financial planning process
  • Solid understanding of automated accounting systems such as TM1, desktop productivity and mainframe accounting applications

Significant Work Activities
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)
Travel
No
Job Type
Experienced
Schedule
Full-time
Job Level Code
D
Equal Employment Opportunity
At AbbVie, we value bringing together individuals from diverse backgrounds to develop new and innovative solutions for patients. As an equal opportunity employer we do not discriminate on the basis 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, protected veteran status, or any other legally protected characteristic.