Financial Analyst, R&D BD and Alliances

at AbbVie in North Chicago, Illinois, United States

Job Description

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 Twitter, Facebook, Instagram, YouTube and LinkedIn.

Job Description

Purpose:

The Financial Analyst, R&D, BD and Alliances assists with the financial planning and analysis and reporting processes as well as requirements for R&D Collaboration Alliances. The role will also assist with building R&D cost forecasts for BD assessments. The role interacts cross-functionally to provide accurate and timely FP&A and reporting deliverables supporting AbbVie R&D Business Development objectives and Collaboration requirements.

Responsibilities

+ Prepare R&D Collaboration Reporting to Partners, reviews and monitors spending vs. budget benchmarks, and coordinates related reimbursement settlements based on cost sharing term provisions of individual Collaboration Agreements.

+ Prepare Collaboration annual R&D Budget Plans and Forecast Updates in compliance with Collaboration contractual requirements and to support decision making by Collaboration Governance.

+ Assist with monthly R&D Alliances accounting and flash reporting, including calculation and recognition of R&D partner funding (offset to R&D), Partner managed expenses, and R&D milestones. Prepare relevant variance analysis and commentary, and coordinate balance sheet reconciliations and forecasts for R&D Alliances accounts.

+ Prepare R&D costing models for BD assessments, working with cross functional contacts to collect model inputs and assumptions.

+ Responsible for update and maintenance of R&D Alliances system loads for monthly LBEs and calculating monthly partner funding.

+ Provide Finance support for the transition and operationalization of newly executed Collaboration agreements into R&D Organization, including coordinating with Partners design and implementation of reporting & reimbursement settlement processes as applicable to meet contractual and Governance requirements.

+ Leads ad hoc analysis, projects and processes improvements as needed.

Qualifications

+ Bachelor’s degree in Finance or Accounting preferred and/or 4+ years of relevant experience in Finance or Accounting.

+ Strong financial, analytical, and problem-solving skills.

+ Attention to detail and pro-active thought and decision-making skills.

+ Able to work well independently and in a team-oriented environment.

+ Excellent communication skills (written and verbal).

+ Proficient Excel skills required. Knowledge of SAP and BPC a plus.

Additional Information

Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law: ?

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+ 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. ?

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Note: No amount of pay is a 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. ?

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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.