Position Overview
The primary objective of this position is to provide financial leadership and business support for R&D Finance. Specifically, this position is responsible for all consolidated financial planning and reporting, internal controls, and leadership. In addition, this position provides strategic business partnership to the Vice President Controller or R&D Finance.
Core Responsibilities
- Financial Reporting and Internal Control:
- Lead the monthly, quarterly and annual close / reporting processes ensuring accurate and timely reporting of monthly financial results in accordance with GAAP and reporting requirements from Division, Global and Corporate requirements.
- Develop effective reporting, monitor performance and support development of contingency plans as necessary to deliver results with clear and concise commentary.
- Work closely with the external and internal audit teams to complete all audit cycles effectively and implementing any audit recommendations according to due dates as applicable.
- Drive to continue to enhance internal controls and ensure financial results are recorded in compliance with AbbVie financial policies, SOX and GAAP.
- Financial Planning and Analysis:
- Proactively lead the planning processes [Plan, UPD, LBE and LRP] ensuring accurate and timely integration of sales forecast, pricing and investment resourcing, ensuring senior management input to meet overall Division / Global / Corporate deadlines and deliverables.
- Coordinate across the division timelines, requirements, targets, financial presentations, and financial results for all Corporate planning requirements.
- Lead the finance team that provides direct financial support to all of the support organizations within the division.
- Ensure financial planning and reporting deliverables are accurate, clear and concise for Executive level review and approval.
- Strategic Business Partnership:
- Provide proactive leadership across overall Financial Planning and Reporting function by effectively communicating / interfacing with Senior management, business unit controllers and other cross functional teams with R&D Finance as well as all external customers encompassing Global and Corporate FP&A communities.
- Be a strategic partner to the Vice President – R&D Finance and provide clear and concise output deliverables that are Executive management ready.
- Decision Support / Special Projects -- Provide analyses for ad hoc or other business presentations that lend insight into key business drivers enabling senior management to adapt more appropriate tactics / strategy to meet both short- and long-term objectives.
- Leadership
- Build an effective network within the R&D Finance teams to facilitate navigation and alignment throughout the complex matrix environment.
- Identify, nurture and develop key talent with an eye towards future leadership roles within various areas of the organization.
- Acclimate to US forecasting cycles and consider areas for future process improvements as part of a key member of the planning processes, along with DHQ and members of the extended finance leadership team.
- Demand Management & Pricing (as applicable): Partner with Demand Planning/Pricing teams to monitor and maintain the stability of AbbVie product in the U.S. supply channel, ensure the equitable allocation of product to customers and provide business insights on purchase and pricing trends across AbbVie’s key brands.
- Effectively lead and develop a team of professionals with direct reports.