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
Purpose
The Financial Analyst 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 Senior Financial Analyst also lends financial expertise regarding inventory movements and controls and provides business decision support via financial analyses.
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

• Own ECM-related Standard Cost Setting for External Manufacturing Finished Goods and Devices.
• Forecast P&L impacts for Plan, LBEs (Latest Best Estimates) and LRP, partnering with Supply Chain Planning, Brand, and business counterparts.
• Provide general FP&A support to the broader ECM Established Brands portfolio.
• Prepares and develops drafts of annual Plan, LRP and LBEs as required, including P&L, balance sheet, expenses using planning system and incorporates review changes of both financial and operating management.
• Prepares variance analysis for each planning cycle and management reporting schedules under direction of Manager.
• Works directly with Accounting Shared Service contact on monthly close and financial reporting processes to ensure complete, accurate and timely monthly actual results, including variance analysis and commentary for P&L, and balance sheet. Understands monthly results and communicates issues vs. benchmark to Manager to agree on resolution or action plan.
• Performs ad hoc analysis and forecasts for internal management team and business partners as requested.
• Works closely with other departments within AbbVie to ensure that strategic initiatives are achieved.
• Execute detailed inventory reconciliation monthly: work closely with external third-party manufacturers (TPMs), AbbVie plant personnel, and supply chain planning to understand variances and to resolve discrepancies.
• Business Partnerships
• Ensure financial results are recorded in compliance with AbbVie financial policies (CFMs), Sarbanes Oxley and US GAAP.
• Participate in inventory verification counts at third party manufacturers.
• Ensure accurate accounting related to internal toll-manufacturing processes.

Qualifications

Qualifications

• Bachelor’s degree required. Bachelor’s degree in Accounting or Finance preferred.
• Preferred 4+ years of progressive and related experience in Finance and/or Accounting.
• Takes ownership of responsibilities. Highlights important issues quickly, while proactively seeking out and presenting potential solutions.
• Excellent problem-solving and decision-making abilities.
• Knowledge and proficiency in systems, particularly Excel, SAP and BPC.
• Must be able to manage multiple priorities and achieve required timelines.
• Familiarity with standard costing is preferred.

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.
• This job is eligible to participate in our long-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 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.
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.htm

• Own ECM-related Standard Cost Setting for External Manufacturing Finished Goods and Devices.
• Forecast P&L impacts for Plan, LBEs (Latest Best Estimates) and LRP, partnering with Supply Chain Planning, Brand, and business counterparts.
• Provide general FP&A support to the broader ECM Established Brands portfolio.
• Prepares and develops drafts of annual Plan, LRP and LBEs as required, including P&L, balance sheet, expenses using planning system and incorporates review changes of both financial and operating management.
• Prepares variance analysis for each planning cycle and management reporting schedules under direction of Manager.
• Works directly with Accounting Shared Service contact on monthly close and financial reporting processes to ensure complete, accurate and timely monthly actual results, including variance analysis and commentary for P&L, and balance sheet. Understands monthly results and communicates issues vs. benchmark to Manager to agree on resolution or action plan.
• Performs ad hoc analysis and forecasts for internal management team and business partners as requested.
• Works closely with other departments within AbbVie to ensure that strategic initiatives are achieved.
• Execute detailed inventory reconciliation monthly: work closely with external third-party manufacturers (TPMs), AbbVie plant personnel, and supply chain planning to understand variances and to resolve discrepancies.
• Business Partnerships
• Ensure financial results are recorded in compliance with AbbVie financial policies (CFMs), Sarbanes Oxley and US GAAP.
• Participate in inventory verification counts at third party manufacturers.
• Ensure accurate accounting related to internal toll-manufacturing processes