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Senior Financial Analyst - Alliance Accounting

Employer
AbbVie
Location
Lake County, Illinois
Start date
Jan 13, 2022

View more

Discipline
Administration, Accounting, Finance
Required Education
Bachelors Degree
Position Type
Full time
Hotbed
BioMidwest, Best Places to Work

Job Details

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.

Position Summary:

 

The Senior Financial Analyst, Alliance Accounting will perform both the financial planning and actuals analysis and reporting requirements for a portfolio of assigned licensing and other products associated with the licensing agreements that the Alliance team manages. The role manages agreements with high visibility to Senior Management, internally and externally, and requires a high level of attention to detail and a motivated individual willing to gain broad exposure.

 

Major Responsibilities:

 

Analyze, prepare, and review the royalty and milestone payment packages for assigned portfolio of licensing agreements, ensuring accuracy, timeliness and compliance with contractual obligations, GAAP, tax and legal.

Prepare and review monthly accounting journal entries including accruals and accrual adjustments, related to license agreements many of which impact performance for 50+ countries.

Prepare ad-hoc analyses, support audit requests, and consult with Corporate Legal, Business Development, Corporate Tax and Corporate Treasury as needed.

Assist in the preparation and review process for monthly balance sheet account reconciliations and quarterly balance sheet reviews.

Prepare global royalty rate analyses for the Plan, Update and LRP cycles.

Prepare monthly LBEs.

Prepare automation tool (CIR) analysis on a monthly basis.

Participate on internal projects on an as needed basis.


Qualifications

Qualifications

 

Skills/Experience:

 

2-4 years of progressive financial experience required. Requires strong analytical and organizational skills as well as a high degree of interpersonal and communication skills to work effectively with external parties and internal support functions. Attention to detail, independent and pro-active thought, and decision-making skills are necessary. Must be able to work well independently and in a team-oriented environment.

 

Education:

 

Position requires a BS in Accounting or Finance. CPA, CMA, or MBA are desirable.

  


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
IC
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.

Company

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, and YouTube.

Stock Symbol: ABBV

Stock Exchange: NYSE

Company info
Website
Phone
1-800-255-5162
Location
1 North Waukegan Road
North Chicago
Illinois
60064
US

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