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Finance Manager, Global R&D Study Forecasting

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

The Global R&D Study Forecasting Manager is responsible for managing the activities of the Neuroscience study forecasting group. This position drives the planning and execution of forecasting outputs and analysis for Plan, LBE, LRP and Portfolio submissions. The manager establishes standards across the team by coordinating analysis, study cost valuations, and improving business process. The manager is an integral partner for the clinical program development and business development organizations by providing insights and analysis needed for governance decisions.

Major Responsibilities:

  • Develops and trains staff members to expand their skill sets while positioning their team to be ready to support the growing needs of the business
  • Proactively understands the interdependencies of clinical trial study costs so that they can provide clear financial advice and transparency to both clinical and finance partners
  • Establishes strategic process improvements based on lessons learned, data, analysis findings, and innovation
  • Highly competent in analyzing clinical contracts and evaluating historical data trends to develop better forecasting
  • Ensures team meets timelines for financial processes by updating forecasts at a regular cadence
  • Conducts scenario planning and costing of clinical studies to support portfolio submissions, key strategic governance meetings and business development opportunities

Qualifications

  • BA/BS required. Degree in finance and/or health/life sciences preferred with a minimum of 8+ years of progressive relevant experience.
  • Proven track record of working effectively in a collaborative, fast-paced, cross-functional environment.
  • Strong communication, presentation, and inter-personal skills
  • Thorough understanding of financial management, budget processes, forecasting, data analysis and expense valuation metrics
  • Ability to create robust business processes
  • Perform quality oversight to ensure integrity and accuracy of forecasting outputs
  • Experience building teams with the appropriate mix of capabilities, as well as coaching and training team members to be collaborative business partners
  • Excellent communication skills (verbal and written) and demonstrated ability to delegate to staff to manage multiple priorities and drive agility and accountability.
  • Ability to thrive in a dynamic environment, prioritize and respond to changing needs of the business

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.html

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Average salary estimate

$125000 / YEARLY (est.)
min
max
$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 Finance Manager, Global R&D Study Forecasting, AbbVie

As a Finance Manager at AbbVie, specifically in the Global R&D Study Forecasting team, you'll play a pivotal role in shaping the financial landscape of our Neuroscience clinical studies. Your creativity and analytical skills will come into play as you manage the forecasting activities that support essential planning processes such as Plan, LBE, LRP, and Portfolio submissions. You'll be passionate about developing your team, ensuring they gain the skills needed to thrive in our fast-paced environment while delivering critical insights for financial and governance decisions. By establishing strategic improvements and leveraging your understanding of clinical trial costs, you'll help AbbVie maintain its reputation for innovation and excellence in medicine. You’ll collaborate closely with clinical program development and business development organizations, providing the financial transparency and position needed to make informed decisions. Your strong communication skills will facilitate a collaborative atmosphere where insights are shared freely. With more than 8 years of experience, particularly in finance and health sciences, you’ll understand the intricacies of financial management and be confident in your ability to build robust processes for our growing needs. If you're ready to combine your financial acumen with your desire to make a meaningful impact in healthcare, we’d love to have you on board in North Chicago, IL.

Frequently Asked Questions (FAQs) for Finance Manager, Global R&D Study Forecasting Role at AbbVie
What are the key responsibilities of a Finance Manager at AbbVie?

The Finance Manager at AbbVie is tasked with overseeing the Neuroscience study forecasting group, which includes managing forecasting outputs, conducting thorough analyses, and implementing strategic process improvements. The role requires proactive collaboration with clinical and finance partners to ensure transparency regarding clinical trial costs, while also focusing on team development and achieving project timelines efficiently.

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What qualifications are needed for the Finance Manager, Global R&D Study Forecasting position at AbbVie?

Applicants for the Finance Manager position at AbbVie should hold a BA/BS degree, preferably in finance or health/life sciences. A minimum of 8+ years of relevant experience is necessary, coupled with strong communication skills and a proven track record of success in collaborative environments. Understanding financial management and budget processes is crucial for this role.

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How does the Finance Manager role at AbbVie impact clinical trials?

The Finance Manager plays an integral role in ensuring successful clinical trials at AbbVie by providing essential financial insights and accurate forecasting. By aligning financial strategies with clinical objectives, the manager contributes to informed decision-making processes that ultimately enhance our capability to deliver innovative medicines in neuroscience.

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What skills are essential for success as a Finance Manager at AbbVie?

Key skills for success as a Finance Manager at AbbVie include strong analytical abilities, effective communication, and proficiency in financial management. The role also requires a collaborative spirit to enable teamwork and the ability to adapt to changing business needs, all while maintaining high standards of accuracy in forecasting outputs.

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What does the career growth look like for a Finance Manager at AbbVie?

AbbVie provides substantial opportunities for career growth for Finance Managers, with pathways that encourage professional development and leadership. By mentoring team members and improving business processes, you can take on more significant challenges and responsibilities that align with AbbVie’s commitment to innovation and excellence in healthcare.

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Common Interview Questions for Finance Manager, Global R&D Study Forecasting
Can you describe your experience with financial forecasting in clinical R&D settings?

In responding to this question, focus on specific situations where you've successfully created forecasts for clinical studies. Highlight the methodologies you used and how they influenced decision-making and financial transparency in previous roles.

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How do you prioritize financial analysis tasks in a fast-paced environment?

Explain your process for setting priorities based on urgency and impact. You might also mention tools or methodologies you use to stay organized and responsive to the dynamic needs of the business.

Join Rise to see the full answer
How do you ensure accuracy and integrity in your forecasting outputs?

Discuss your approach to data validation, review processes, and collaboration with data providers. Highlight the importance of oversight and how it contributes to reliable forecasting results.

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What strategies do you use to train and develop your finance team?

Share specific examples of training programs or mentorship initiatives you’ve implemented, emphasizing how these strategies foster skills that align with business goals and promote team cohesion.

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Can you give an example of a process improvement you've implemented in your past roles?

Outline a time when you identified inefficiencies and successfully implemented a new process. Describe the challenges faced and the positive outcomes that resulted from your initiative.

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How do you handle conflicts in cross-functional teams?

Talk about your conflict resolution style and provide examples of successful collaboration despite differing opinions. Focus on the importance of open communication in resolving conflicts.

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What financial metrics do you consider most critical in clinical trial budgets?

Identify key metrics such as Cost per Patient, Timeliness of Milestones, and Variance Analysis. Explain why you think these metrics are important for managing clinical trial budgets effectively.

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Describe your experience with scenario planning in financial forecasting.

Outline your process for constructing various scenarios based on historical data and market trends. Discuss how these scenarios inform strategic governance decisions.

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What role does technology play in your financial forecasting process?

Share the financial software or modeling tools you prefer and how they enhance your forecasting accuracy. Be sure to discuss how integrating technology streamlines processes.

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Why do you want to work as a Finance Manager for AbbVie?

Express your passion for the healthcare industry and AbbVie's mission. Highlight how your skills and experiences can contribute to making a meaningful impact within the organization.

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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
April 23, 2025

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