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Future Opportunities - Join Our Talent Pipeline For: Associate Director, FP&A

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 Twitter, Facebook, Instagram, YouTube and LinkedIn.

Job Description

This role is a hybrid onsite opportunity. The individual can be based within a commutable distance of one of AbbVie's office locations.

Purpose:

The primary objective of this position is to provide financial leadership and business support for the target function. Specifically, this position is responsible for financial planning and analysis related to Plan, Update, LBE and LRP, decision-making support and recommendations to Senior Management taking into consideration market dynamics, market share, market access and resourcing and strategic projects related to these franchises. In addition, this position is responsible for ensuring the accuracy of the financial statements and staff development as required.

Responsibilities:

  • Financial Planning - 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/corporate calendar deadlines
  • Ensure financial planning deliverables are accurate, clear and concise for Executive level review and approval
  • Work closely with business partners to develop models that accurately incorporate market dynamics including market share and market access
  • Be a strategic partner for target functions and provide clear and concise output deliverables that can be reviewed with Executive management
  • Work closely with business partners to ensure adequate and appropriate resourcing levels to successfully launch functional assets
  • Staff Development – Potentially responsible for delegating to and coaching a staff of employees to ensure an optimal level of support to the business. Provide coaching and career development opportunities to sustain a high performing and inclusive team and broader organization
  • Decision Support/Special Projects - Provide analyses for ad hoc or other business presentations that lend insight into key business drivers enabling operating management to adapt more appropriate tactics/strategy to meet the LRP objectives
  • Financial statement accuracy – ensure accurate and timely monthly reporting associated with functional strategic projects
  • Individual is expected to successfully perform all responsibilities with a high degree of self-motivation and autonomy

Qualifications

 

  • Requires 7+ years progressive FP&A experience; preferred experience in the pharma industry, at different level (affiliate, region, area, global or US)
  • Ability to lead without direct reporting lines and to influence without direct authority
  • Ability and desire to proactively search out and evaluate business problems and opportunities
  • Strong analytical and problem-solving skills
  • Strong communication skills, able to summarize complex business dynamics into deliverables for executives
  • Ability to operate independently, lead multiple processes and meet tight deadlines while balancing competing priorities
  • Bachelor’s Degree in Accounting or Finance
  • Preferred: MBA in Accounting or Finance and/or CPA/CM
  • Preferred: Multi-division experience and knowledge of the financial planning process
  • Preferred: Solid understanding of automated accounting systems such as TM1, desktop productivity and mainframe accounting applications

Additional Information

All your information will be kept confidential according to EEO guidelines.

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

$140000 / YEARLY (est.)
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$120000K
$160000K

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What You Should Know About Future Opportunities - Join Our Talent Pipeline For: Associate Director, FP&A, AbbVie

At AbbVie, we're excited to invite talented professionals to join our Talent Pipeline for the Associate Director of Financial Planning & Analysis (FP&A) role. In this hybrid position based in North Chicago, IL, you'll play a vital role in providing financial foresight and support for our dynamic organization focused on health innovations. Your primary objective will be to lead financial planning processes like the Plan, Update, and LBE, ensuring you deliver insights that help our Senior Management make informed decisions. Collaborating closely with business partners, you will create financial models that consider market dynamics and drive strategic projects to enhance our franchises. This role isn't just about numbers; it's about mentoring your team and fostering their development while delivering concise and insightful analyses for executive-level discussions. A typical day at AbbVie offers autonomy and the opportunity to influence decisions that pave the way for our corporate strategies. We pride ourselves on cultivating an inclusive environment where your analytical skills and problem-solving talents shine. If you have 7+ years of FP&A experience, preferably in the pharmaceutical sector, and possess exceptional communication and leadership capabilities, we can't wait to see your application and explore how you can impact lives through our mission.

Frequently Asked Questions (FAQs) for Future Opportunities - Join Our Talent Pipeline For: Associate Director, FP&A Role at AbbVie
What are the primary responsibilities of the Associate Director, FP&A at AbbVie?

The Associate Director, FP&A at AbbVie is responsible for leading essential financial planning processes such as the Plan, Update, LBE, and Long Range Planning. This role involves providing decision support to senior management by analyzing market dynamics and making informed recommendations. You will ensure the accuracy of financial statements and mentor your team to sustain high performance.

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What qualifications are required for the Associate Director, FP&A position at AbbVie?

To qualify for the Associate Director, FP&A role at AbbVie, candidates should have at least 7+ years of progressive FP&A experience, particularly in the pharmaceutical industry. A Bachelor’s degree in Accounting or Finance is required, with an MBA or CPA preferred. Strong analytical skills, leadership capabilities, and communication skills are crucial for success in this position.

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How can the Associate Director, FP&A influence company strategy at AbbVie?

The Associate Director, FP&A influences AbbVie’s company strategy by delivering concise financial analyses and insights that inform executive-level decisions. By understanding market trends and dynamics, this role supports critical strategic projects that drive corporate objectives and ensure resource allocation aligns with our goals.

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What type of work environment can an Associate Director, FP&A expect at AbbVie?

AbbVie offers a hybrid work environment where the Associate Director, FP&A can work both onsite and remotely, provided that they are within commutable distance from one of our office locations. This flexibility fosters a productive atmosphere that values work-life balance while encouraging collaboration and professional growth.

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What opportunities for growth exist within AbbVie for the Associate Director, FP&A?

At AbbVie, the Associate Director, FP&A has abundant growth opportunities. In this role, you'll lead a high-performing team, receive coaching opportunities, and be involved in strategic projects that influence our financial health. AbbVie supports continuous learning and development initiatives ensuring employees thrive in their roles.

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Common Interview Questions for Future Opportunities - Join Our Talent Pipeline For: Associate Director, FP&A
How do you approach financial planning and analysis in a fast-paced environment?

In a fast-paced environment like AbbVie, I prioritize meticulous planning and adaptability. I ensure that I stay organized, utilize robust financial models, and regularly communicate with team members to align our objectives and meet tight deadlines.

Join Rise to see the full answer
Can you provide an example of how you've used financial data to influence strategic decisions?

Certainly! In my previous role, I identified potential market shifts through comprehensive financial analysis, which led to strategic recommendations that improved resource allocation and overall market share. Sharing such insights with executive teams ensured our strategies were data-driven.

Join Rise to see the full answer
How do you ensure accuracy in your financial reporting?

To ensure accuracy in financial reporting, I adhere to strict review processes, validate data sources, and collaborate with cross-functional teams. Regular audits and checks allow me to identify discrepancies early and maintain the integrity of our financial statements.

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How do you manage competing priorities in financial planning?

Managing competing priorities requires clear communication and effective time management. I utilize prioritization techniques, set clear deadlines, and consistently engage with stakeholders to ensure that all critical tasks are addressed in a timely manner, without compromising quality.

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Describe a time you had to lead a team without direct authority.

In my previous position, I led a cross-functional team on a financial project where there was no direct hierarchy. I focused on building rapport, establishing trust, and aligning everyone to a common goal. By fostering collaboration and open communication, we successfully met project deadlines together.

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What experience do you have with financial modeling software?

I have extensive experience with financial modeling software such as TM1 and other accounting applications. I leverage these tools to create accurate financial forecasts and analyze market trends, ultimately enhancing our decision-making processes at the executive level.

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How do you stay updated on changes within the pharmaceutical industry?

I stay updated on pharmaceutical industry changes by regularly reading industry publications, attending webinars, and networking with professionals. This knowledge helps me adapt our financial strategies based on emerging trends and regulatory developments.

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What strategies do you implement to develop your team members?

To develop my team, I create personalized development plans, provide mentorship and constructive feedback, and identify growth opportunities. Regular one-on-one check-ins help me gauge their progress and tailor support according to their aspirations.

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How do you communicate complex financial concepts to non-financial stakeholders?

When communicating complex financial concepts, I focus on clarity and simplicity. I use visuals like charts and graphs, avoiding jargon. By demonstrating the relevance of the data to their specific roles, I ensure that non-financial stakeholders grasp the implications effectively.

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What motivates you in your role as an Associate Director, FP&A?

I'm motivated by the opportunity to make a meaningful impact through strategic financial planning. Being part of an organization like AbbVie that prioritizes innovation and improving lives fuels my passion for driving successful financial initiatives that align with our mission.

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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, hybrid
DATE POSTED
February 5, 2025

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