Finance Manager, R&D Business Development
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
The R&D, BD and Alliances, Finance Manager leads the coordination and consolidation of R&D cost forecasts for Business Development assessments including licensing, acquisitions, and collaboration opportunities. The role interacts cross-functionally with project teams to cost asset development plans, review modeling assumptions, and support ad-hoc BD requests. Key stakeholders include Portfolio Program Management, Business Development & Acquisition, BD&A Finance, Search and Evaluation, Strategic Resourcing, and Business Functional Directors and VPs. The candidate will also be responsible for the growth and development of one direct report.
Responsibilities
Building R&D cost models for BD assessments, collaborating with cross functional contacts to collect model inputs and pressure test assumptions.
Responsible for updating R&D Cost Summaries for BD governance reviews to enable strong decision making on strategic investments.
Lead monthly BD updates with R&D VP ensuring deal awareness and Day 1 budget impacts.
- Supervise R&D Partner Funding month-end activities and submissions for all aspects of monthly, quarterly, annual Plan, LRP and LBEs as required, ensuring accuracy and timeliness.
- Provide Finance support for the transition and operationalization of newly executed BD agreements into R&D Organization, including preparation of Corporate and Integration Team deliverables.
- Supports key projects and initiatives (e.g. R&D cost modeling standardization, BD deal reporting and optimization) and drives process improvements.
Qualifications
- Bachelor’s degree in Finance or Accounting. CPA or MBA a plus.
- Minimum 7+ years of progressive and well-rounded finance related experience.
- Strong financial, analytical, and problem-solving skills.
- Self-starter with ability to operate independently, drive processes, identify and implement process improvements, establish and adjust priorities to achieve objectives and operate with speed and agility.
- Strong communication skills (verbal and written), with all levels of management and including the ability to listen well and to influence others that do not report directly.
- Proficient Excel and PPT skills required.
- Knowledge of SAP, BPC, and Workiva is a plus.
- Previous supervisory experience desired.
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
Average salary estimate
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As a Finance Manager for R&D Business Development at AbbVie in North Chicago, IL, you will play a pivotal role in shaping the future of innovative medicines that tackle serious health challenges. Your journey will involve leading the charge in coordinating and consolidating R&D cost forecasts crucial for business development assessments, including licensing and collaborations. Collaborating with various project teams, you'll ensure the accuracy of asset development plans and thoroughly review modeling assumptions. The responsibilities are dynamic as you will build comprehensive R&D cost models, update summaries for governance reviews, and lead monthly updates with the R&D VP, highlighting the budget impacts of upcoming deals. A unique aspect of this role is the opportunity to foster growth in a direct report, enhancing leadership within the Finance team. To succeed, you will need strong analytical skills and experience in finance, ideally with a Bachelor's degree in Finance or Accounting. A CPA or MBA, while not mandatory, is a plus. At AbbVie, we encourage individuals who can communicate effectively across all levels of management and who possess a knack for process improvement. If you're a self-starter with a passion for finance and healthcare innovation, we invite you to be part of our mission to transform lives.
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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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