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Associate Director, Finance

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 XFacebookInstagramYouTubeLinkedIn and Tik Tok.

Job Description

Position Overview

This position is responsible for overseeing the financial planning and reporting consolidation systems for US Therapeutics (U.S. TX). This involves ongoing maintenance and support, implementing system enhancements, and representing U.S. TX in future platform assessments and implementations. Additionally, the role supports U.S. TX Finance Future Fit (FFF) capability workstreams to ensure the successful execution of agreed initiatives, with a key focus on the Planning and Reporting Excellence workstream. U.S. Therapeutics comprises four therapeutic areas (TAs) with sales of approximately $42 billion.

Key Responsibilities:

  • Lead a team of 2 highly motivated and engaged finance professionals by setting and aligning goals/priorities, motivating, and empowering the team to deliver exceptional results.
  • Ensure accurate and timely reporting of consolidated financials in accordance with requirements from Global Commercial and Corporate.
  • Financial system administrator for U.S. TX BPC module, TM1-PAX, Franklin (Foundry based Pipeline Commercialization Strategy system), and Power BI.  Lead system improvements projects and support of the U.S. TX finance organization with system related issues.
  • Co-Lead the Planning and Reporting Excellence Capabilities workstream as part of the Finance Future Fit program with a focus on process agility, data management, and technology as a core-enablers.    
  • Support the execution of the system strategy which includes establishing overall data structure/governance, as well as implementing data visualization tools and collaboration tools.  Core functionality includes P&L consolidation, Gross-to-Net (GtN), variance analysis, headcount, and balance sheet reporting.
  • Oversee FP&A COE by administering expense category Standard Operating Procedures (SOPs), providing planning and reporting guidance to TA finance teams, and enhancing budget tracking tools.
  • Partner closely with the Finance Transformation Office (FTO) and U.S. TX FFF workstreams to champion finance planning process transformation initiatives. 

Qualifications

 

  • Bachelor’s degree in Accounting or Finance.  CPA and/or MBA preferred.
  • 10+ years of progressive finance related experience.
  • High level proficiency with SAP, BPC and PowerBi as well as proficiency with finance master data and consolidation systems. 
  • Effective at delivering results in a highly matrix environment. 
  • Strong understanding of financial planning processes and systems.
  • Strong project management and organizational skills with the ability to manage multiple priorities in a fast-paced environment.
  • Strong leadership skills with a keen sense of ownership and advanced team building skills. 
  • Strong communication and influencing skills, including the ability to relay complex financial data in clear and simple terms. 
  • Self-starter with a strong sense of initiative and an inquisitive mind-set.

Ability to generate ideas, challenge the status quo, solve problems, and manage innovation to reality

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

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Average salary estimate

$125000 / YEARLY (est.)
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$100000K
$150000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Associate Director, Finance, AbbVie

Join AbbVie as an Associate Director, Finance in Mettawa, IL, where you will play a crucial role in shaping financial strategies for our U.S. Therapeutics division. This position is all about overseeing the financial planning and reporting consolidation systems, ensuring that everything runs smoothly and efficiently for our therapeutic areas with sales nearing $42 billion. You will lead a vibrant team of finance professionals, empowering them to excel through goal-setting and motivation. Your expertise will ensure accurate and timely financial reporting while also driving system improvements across various finance platforms such as SAP and Power BI. You'll be at the forefront of enhancing our Planning and Reporting Excellence capabilities, supporting initiatives that focus on agility and data management. Think of it as a blend of leadership, strategy, and innovation as you manage the financial landscape, enabling us to meet the complex challenges that come our way. If you're ready to champion finance transformation initiatives and demonstrate your strong analytical skills in a dynamic environment, AbbVie offers a supportive culture that's committed to diversity and inclusion. Let's work together to continue the mission of improving lives through innovative solutions.

Frequently Asked Questions (FAQs) for Associate Director, Finance Role at AbbVie
What are the primary responsibilities of an Associate Director, Finance at AbbVie?

As an Associate Director, Finance at AbbVie, your main responsibilities include overseeing financial planning and reporting consolidation systems, guiding a dedicated team of finance professionals, and ensuring timely and accurate financial reporting for U.S. Therapeutics. You will lead system improvement projects and support the execution of financial strategies, particularly in the Planning and Reporting Excellence workstream.

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What qualifications are needed for the Associate Director, Finance position at AbbVie?

To qualify for the Associate Director, Finance role at AbbVie, candidates should have a Bachelor’s degree in Accounting or Finance, with a CPA or MBA preferred. Additionally, at least 10 years of progressive finance experience is required, along with proficiency in SAP, BPC, and Power BI. Strong leadership skills and effective communication abilities are also essential for this position.

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What skills are essential for success as an Associate Director, Finance at AbbVie?

Success in the Associate Director, Finance role at AbbVie requires strong project management skills, the ability to navigate a matrix environment effectively, and a deep understanding of financial planning processes. Leadership abilities, particularly in team building and motivation, along with analytical and communication skills, are crucial for driving results and innovation in financial strategies.

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How does AbbVie support the professional growth of its Associate Director, Finance?

AbbVie actively supports professional growth through continuous learning opportunities, mentorship programs, and participation in cross-functional projects. In the role of Associate Director, Finance, you’ll be encouraged to champion finance transformation initiatives which will further enhance your leadership and technical skills, positioning you for future career advancements.

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What is the work culture like for an Associate Director, Finance at AbbVie?

The work culture at AbbVie for the Associate Director, Finance role is dynamic and collaborative. Employees are encouraged to share ideas, challenge the status quo, and engage in innovative problem-solving. AbbVie prides itself on its commitment to diversity and inclusion, fostering an environment where every team member feels valued and empowered to make a difference.

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Common Interview Questions for Associate Director, Finance
Can you describe your experience with financial planning and reporting systems?

In your answer, highlight specific tools you have used, such as SAP or Power BI, and any significant projects you’ve led that involved these systems. Discuss how your experience has prepared you to oversee financial reporting processes at AbbVie.

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How do you approach team leadership in a finance environment?

Discuss your leadership style, focusing on how you set goals, motivate your team, and foster communication. Share examples from past experiences where your leadership led to improved team performance.

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What strategies do you implement to ensure accurate financial reporting?

Here, describe your methodology for developing financial reports, including your steps for validation and cross-checking data. Highlight specific instances where you caught or resolved discrepancies.

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Can you provide an example of a complex financial issue you've resolved?

Choose a specific example where analytical skills and creative problem-solving led to a favorable outcome. Explain your thought process and the impact of your solution on the organization.

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How do you stay updated on financial regulations and best practices?

Discuss any relevant certifications, continuing education, and professional organizations that you are involved in. Emphasize your commitment to ongoing professional development.

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What is your experience with driving finance transformation initiatives?

Share examples of transformation initiatives you have led or participated in, focusing on the steps taken to implement change and the results achieved.

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How do you handle tight deadlines in financial reporting?

Offer insights into your organization and prioritization skills. Provide an example of a time when you met a deadline under pressure and the strategies that contributed to your success.

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What role does data analysis play in your decision-making process?

Discuss how you utilize data analytics to drive insights, improve financial performance, and support strategic decisions. Provide specific examples where data-driven decisions led to impactful results.

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Tell us about a time you had to influence a senior stakeholder regarding a financial decision.

Share the context, your approach to communication, and the outcome. Highlight your persuasive skills and ability to convey complex financial information clearly.

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What are your expectations for your role as Associate Director, Finance at AbbVie?

Discuss your desire to be a transformative leader within the organization, contributing to finance capabilities while also supporting broader business initiatives and fostering a winning culture.

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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: i...

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Full-time, on-site
DATE POSTED
March 15, 2025

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