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Manager, Finance - Commercial - job 2 of 2

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 Manager, Finance oversees the financial planning and analysis processes and requirements across businesses supported. Provides financial guidance in compliance with financial policies, prepares management analysis of actual vs. benchmark results, provides business decision support and leads key projects and initiatives to improve financial processes. The Finance Manager interacts with all levels of finance and business management. Provides required planning deliverables to meet AbbVie Corporate FP&A requirements.

Responsibilities

  • Partners with the Commercial finance planning teams to facilitate continuous improvement efforts towards the planning, forecasting and long-range plan.
  • Partners with project team with commercial requirements gathering, technical design, development, User acceptance testing, and cutover of an enterprise planning solution.
  • Takes responsibility of root cause analysis and process improvement.  Requires strong understanding of the Commercial Operations planning and consolidation process as well as requirements for management reporting.
  • Troubleshoots load rules, Business Rules, and Calculation Scripts.
  • Continuously and proactively improves the environment to enrich experience by contributing to training documentation and support for end users.
  • Develops, maintains, and improves documentation on key business processes and procedures in compliance with Internal control policies.
  • Promotes automation of processes with current and future application flows. 
  • Facilitates integration of SAP BPC planning, including sourcing actuals, reconciling and data analytics.  
  • Partners with BTS to install technical patches, upgrades, and system/application migrations.
  • Acts as BPC subject matter expert for the entire organization by recommending and seeking out fellow BPC SME for common resolution and best practice recommendations for the enterprise.

Qualifications

Qualifications

  • Bachelor’s degree in Finance or Accounting required.
  • CPA or MBA a plus.
  • Minimum 7+ years of progressive and related experience.
  • Strong expertise in commercial finance for a large pharmaceutical company is required.
  • Experience supporting financial planning applications.
  • Experience with administration and/or implementation of SAP BPC preferred.
  • Strong Analytical and technical skills to continuously improve processes.
  • Understanding /Acumen of Finance with strong knowledge in planning, forecasting, accounting close process.
  • Ability to understand the needs of the various business teams to appropriately plan for growth and change.
  • Excellent problem-solving skills, including innovative and creative solutions.

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

$135000 / YEARLY (est.)
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$120000K
$150000K

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What You Should Know About Manager, Finance - Commercial, AbbVie

Join AbbVie as a Manager of Finance in North Chicago, IL, where you'll play a crucial role in shaping the financial future of our innovative pharmaceutical company. At AbbVie, we are dedicated to discovering and delivering groundbreaking medicines to address significant health challenges. As the Manager, Finance - Commercial, you will oversee financial planning and analysis across multiple business units, providing essential insights and support for key initiatives that impact financial processes. Your expertise will drive continuous improvement and collaboration with cross-functional teams to enhance our financial planning capabilities. You'll manage complex projects involving enterprise planning solutions and act as a subject matter expert for the SAP BPC application, ensuring our financial reporting processes are robust and efficient. With your extensive knowledge in commercial finance, you’ll contribute significantly to forecasting and management reporting, helping guide decision-making at all levels of the organization. Your role will also involve troubleshooting and refining financial processes, as well as developing documentation to maintain our internal controls. If you're ready to make a remarkable impact and fuel AbbVie’s mission, this is the perfect opportunity for you to excel and grow in your career.

Frequently Asked Questions (FAQs) for Manager, Finance - Commercial Role at AbbVie
What are the primary responsibilities of the Manager, Finance - Commercial at AbbVie?

The Manager, Finance - Commercial at AbbVie is responsible for overseeing financial planning and analysis across various business units. This includes providing financial guidance, preparing management analyses, supporting business decision-making, and leading projects focused on improving financial processes.

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What qualifications are required for the Manager, Finance - Commercial position at AbbVie?

To qualify for the Manager, Finance - Commercial role at AbbVie, candidates need a Bachelor’s degree in Finance or Accounting, with a CPA or MBA being a plus. Additionally, a minimum of 7 years of related experience in commercial finance, especially within a pharmaceutical environment, is preferred.

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How does the Manager, Finance - Commercial contribute to AbbVie's financial planning processes?

The Manager, Finance - Commercial contributes significantly to AbbVie's financial planning by partnering with commercial finance teams to enhance forecasting and planning efforts, managing root cause analysis for process improvements, and ensuring the accuracy and compliance of financial reporting.

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

Key skills for the Manager, Finance - Commercial at AbbVie include strong analytical abilities, technical expertise, a deep understanding of finance and accounting processes, problem-solving skills, and the capacity for collaborative work with diverse business teams.

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What is the expected career progression for a Finance Manager at AbbVie?

A Finance Manager at AbbVie can expect a dynamic career trajectory with opportunities to take on greater responsibilities within the finance department, engage in cross-functional leadership roles, and potentially advance to higher-level management positions within the organization.

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Common Interview Questions for Manager, Finance - Commercial
Can you describe your experience with financial planning in the pharmaceutical industry?

Provide examples of your experience, particularly focusing on any specific financial planning applications you’ve used, like SAP BPC. Highlight how your work contributed to strategic decision-making and improved financial processes within your previous roles.

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How do you approach troubleshooting financial reporting issues?

Explain your problem-solving methodology, including how you gather data, analyze discrepancies, consult with teams to understand issues, and implement solutions to prevent future occurrences, demonstrating your systematic approach.

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What strategies would you use to enhance collaboration with cross-functional teams?

Discuss an instance where you effectively collaborated with other departments to achieve a financial goal. Emphasize the importance of clear communication, understanding each team’s contributions, and establishing common objectives.

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Describe your experience with automation in financial processes.

Share examples of how you've previously integrated automation tools into financial processes to improve efficiency and accuracy. Highlight the outcomes and any challenges you faced during implementation.

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What is your understanding of SAP BPC, and how have you utilized it in financial planning?

Discuss your familiarity with SAP BPC, emphasizing specific functionalities you have used. If possible, elaborate on how your use of the software has led to better financial insights or streamlined reporting processes.

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How do you stay updated on financial regulations and compliance?

Mention professional development approaches you take, such as attending relevant workshops, participating in webinars, and subscribing to industry newsletters. Highlight the importance of compliance in your financial role.

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How do you ensure accuracy in financial forecasting?

Provide examples of analytical methods you've employed to improve the accuracy of your forecasts, such as reviewing historical data, incorporating market trends, and collaborating with different teams for input.

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Can you give an example of a finance project you led and its impact?

Describe a significant project, your role in it, the strategies you implemented, and the results it achieved, highlighting any direct impacts on financial performance or process improvements at your previous employer.

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What challenges do you anticipate in the Manager, Finance - Commercial role at AbbVie?

Reflect on potential industry challenges such as regulatory changes or market fluctuations. Outline how your skills and experiences will help you navigate these challenges effectively.

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

Express your passion for the pharmaceutical industry and AbbVie's mission. Discuss how the role aligns with your career goals and how you believe you can contribute to AbbVie's financial success.

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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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DATE POSTED
February 28, 2025

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