Finance Lead, Alliance Accounting

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 Finance Lead, Alliance Accounting, will perform both the financial planning, analysis processes and reporting requirements for a portfolio of assigned licensing arrangements managed by the Alliance Accounting group as well as provide guidance to one direct report. The role comes with high visibility to Senior Management, internally and externally, and requires a highly energetic and motivated individual willing to gain broad exposure.

Responsibilities

+ Ensure licensor payments and corresponding reporting and planning obligations associated with an assigned portfolio of licensing and collaboration agreements are prepared timely for internal and external review by Senior Management.

+ Support Alliance Managers with the agreements and facilitation of deliverables outlined in licensing and collaboration agreements. Requires development of procedures and methodology with 3rd party counterparties to ensure tracking for licensing and collaboration agreements is consistent with contractual terms.

+ Develop models and presentations for financial analysis as required by Management, Legal, and Commercial for contract negotiations and litigation issues.

+ Coordinate with Global Commercial Finance to develop models for Plan/Update/LBE/LRP projections for assigned portfolio of licensing and collaboration agreements.

+ Review licensor payments in accordance with corporate guidelines and submit for approval. Finance Lead must also ensure royalty and milestone obligations associated with 3rd party licensing and collaboration agreements are met and properly recorded.

+ Coordinate FP&A, tax, audit, and legal requirements associated with portfolio of assigned agreements.

+ Manage one full-time direct report and help promote growth and development of employee.

+ Review and perform month-end close activities to ensure global royalty income and expense are properly recorded including P&L review, variance analysis and balance sheet reconciliations.

+ Support audit requests and ad-hoc internal projects.

+ 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 as well as ability to work independently and in a team-oriented environment and successfully lead and supervise personnel.

+ Ability to take initiative and manage multiple priorities and deadlines.

+ Solid understanding of US Generally Accepted Accounting Principles.

Qualifications

Qualifications

+ Bachelor’s degree in Finance or Accounting. CPA or MBA a plus.

+ Minimum 6+ years of progressive and related experience.

+ Strong financial, analytical and problem solving skills.

+ Proficient Excel and PowerPoint skills required.

+ Knowledge of BPC and SAP (or large ERP planning systems) 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.

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.