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Manager, Financial Reporting, US Therapeutics

AbbVie

AbbVie

Accounting & Finance
Mettawa, IL, USA
Posted on Nov 12, 2024

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

Position Overview

The primary objective of this position is to provide accounting leadership and ensure US Therapeutics Operations processes are compliant with internal procedures, GAAP, and SOX controls. This position is responsible for all consolidated reporting activities related to Balance Sheet, DSO / Working Capital / Cash Flow, Intangibles Impairment, and overall internal controls and policies across US Therapeutics. This position provides insights to US Therapeutics Leadership on risks and opportunities based on understanding of the results and partnering with US Therapeutics’ Business Units.

Core Responsibilities

  1. Financial Reporting and Internal Controls:
    • Prepares, consolidates, and presents monthly Balance Sheet and DSO package for review by US Therapeutics Finance senior leadership. Fully understands account balances and investigates variances to prior periods and benchmarks to provide clear and concise commentary.
    • Key contact and responsible for Intangible Assets and Impairment Testing on a quarterly and annual basis, year-end tax packages, legal entity reporting, etc.
    • Responsible for ensuring US Therapeutics accounting processes are GAAP, company policy compliant, and aligned with SOX and Internal control requirements
  2. Financial Planning and Analysis:
    • Preparation/Consolidation of budgeting for Balance Sheet / Working Capital / Cash Flow, as well as DSO, for Plan, LRP, and quarterly LBEs in alignment with Global and Corporate requirements
    • Ensure financial planning and reporting deliverables are accurate, clear, and concise for Executive level review and approval, for above mentioned planning areas
  3. Strategic Business Partnership:
    • Be a strategic partner to US Therapeutics and provide clear and concise output deliverables that are Executive management ready
    • Work closely with FSS, Global and Corporate teams to develop and achieve optimal Finance Operating Model, Working Capital improvements, and drive compliance/audit readiness, monitoring and training
    • Support Finance System Planning and Reporting
    • 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
  4. People Leadership and Development:
    • Responsible for delegating and coaching staff to ensure an optimal level of support for each direct report. Additionally, will provide coaching and career development opportunities to sustain a high performing staff.
    • Effectively lead and develop team up to 2 direct reports.

Reports To:

  • Financial Reporting Director, US Therapeutics
  • Effectively manage matrix relationships with US/Global/Corporate Finance, FSS, Internal/External Audit, US Therapeutics Leadership

Qualifications

Required:

  • 6-10 years progressive accounting or finance experience
  • Bachelor’s Degree in Accounting or Finance
  • Strong understanding of CFMs, SOX controls and other Financial policies
  • Audit experience and knowledge of US statutory and management reporting
  • Excellent verbal and written communication skills
  • Experience in leading and motivating a team in a dynamic business environment to successfully achieve results / deliverables
  • Ability to solve business problems through the proactive identification of issues and subsequent collection, analysis, and interpretation of related data
  • Experience supporting senior operating management
  • Experience working independently as well as team environments and integrating activities across multiple functions / divisions

Preferred:

  • CPA and / or MBA in Accounting or Finance
  • Solid understanding of various accounting systems such HFM, SAP, BPC, Power BI, and Workiva/W-Desk

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, 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.

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.html