Manager, Technical Accounting

North Chicago, IL

• Function: Corporate
• Job Type: Full-time

Job ID: R00132869
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.
Job Description
The Manager, Technical Accounting is a key member of Company’s Accounting Center of Excellence and is responsible for accounting research, communication, and execution for complex transactions. This is a highly visible role which operates cross-functionally with several internal stakeholders including Business Development, Commercial, R&D, Operations, Treasury, Tax, Corporate Accounting and External Reporting. Key areas of responsibility are accounting for strategic transactions such as collaborations, licensing agreements, asset acquisitions and business combinations, including purchase accounting, valuation of intangible assets, and contingent consideration liabilities. This role also assists with providing accounting guidance for complex accounting topics including revenue recognition, leasing, intangible assets and inventory.

Responsibilities

• Performs a variety of complex accounting analyses to support and execute accounting for collaborations, licensing agreements, asset acquisitions, and business combinations.
• Assists in accounting policy research to provide guidance on a global basis for unique or complex transactions including revenue recognition, leasing, and intangible assets, etc.
• Responsible for accounting for contingent consideration liabilities including coordination with Business Development, Commercial, and R&D
• Coordinates with external auditors and external valuation resources.
• Coordinates intangible asset recoverability and goodwill impairment tests.
• Prepares licensing and acquisition financial statement footnotes for Company’s public filings including Forms 10-Q and 10-K.
• Research technical accounting and disclosure impacts for proposed transactions and communicates guidance
• Assists in implementing new accounting pronouncements and drafting accounting policies
• Collaborates with other functions within Company such as Business Development, Commercial, R&D, Treasury, Tax, Corporate Accounting, and External Reporting
• Provides technical accounting support to U.S. and international affiliates
• Leads other significant projects which vary based on Company’s business transactions and priorities.

Qualifications

• Bachelor’s degree in Accounting. CPA required.
• Minimum 7+ years progressive finance/ accounting experience.
• Big 4 public accounting experience strongly preferred.
• Strong technical accounting, analytical and research skills are required.
• Demonstrated ability to effectively balance competing priorities.
• Strong interpersonal communication and leadership skills.

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 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

• Performs a variety of complex accounting analyses to support and execute accounting for collaborations, licensing agreements, asset acquisitions, and business combinations.
• Assists in accounting policy research to provide guidance on a global basis for unique or complex transactions including revenue recognition, leasing, and intangible assets, etc.
• Responsible for accounting for contingent consideration liabilities including coordination with Business Development, Commercial, and R&D
• Coordinates with external auditors and external valuation resources.
• Coordinates intangible asset recoverability and goodwill impairment tests.
• Prepares licensing and acquisition financial statement footnotes for Company’s public filings including Forms 10-Q and 10-K.
• Research technical accounting and disclosure impacts for proposed transactions and communicates guidance
• Assists in implementing new accounting pronouncements and drafting accounting policies
• Collaborates with other functions within Company such as Business Development, Commercial, R&D, Treasury, Tax, Corporate Accounting, and External Reporting
• Provides technical accounting support to U.S. and international affiliates
• Leads other significant projects which vary based on Company’s business transactions and priorities