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Senior Manager, Finance Third Party Manufacturing

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

Purpose:

The Senior Finance Manager has direct and full responsibility for financial performance activities related to key third-party manufacturing partners supporting Conjugation and Aseptic Fill manufacturing. This role requires extensive interfacing and coordination with all levels of management across various functions. The position is expected to identify cost-saving opportunities and assist in managing the organization to achieve optimal financial performance. Additionally, the Senior Finance Manager must ensure that the financial activities of Conjugation and Aseptic Fill manufacturing are conducted in accordance with divisional and corporate guidelines, complying with Generally Accepted Accounting Principles as well as local fiscal and governing laws and regulations. The individual should possess strong analytical, communication, presentation, and leadership skills.        

Responsibilities:

•Develop financial plans and operating forecasts, including annual plans and updates, long-range plans (LRPs), latest best estimates (LBEs), ensuring they are accurate, well-written, and professionally presented for senior management.
•Oversee standard cost development and reporting to the Transfer Pricing Group; responsible for monitoring deferred margin transactions and acting as a liaison with Operations and Corporate.
•Lead month-end close activities, conduct manufacturing variance analysis, and prepare monthly reporting schedules on third-party manufacturing (TPM) financial performance, including purchase price variance (PPV), spending, inventory, inventory exposures, and accrued liabilities. Ensure adherence to corporate and divisional due dates.
•Interface directly with personnel in VLOG, External Manufacturing, Puerto Rico, Lake County, and other AbbVie Sites to meet all financial reporting requirements promptly. Provide accurate and insightful analysis to equip senior management with necessary information to address variances and develop corrective actions.
•Collaborate with the Procurement organization to support contract negotiations and supply agreements with third-party manufacturers. Participate in third-party supplier business reviews and other externally focused meetings.
•Monitor inventory levels, reserves, and balance sheet deferral accounts.
•Provide leadership to finance team members in External Manufacturing, COE of Americas and VLOG, ensuring adherence to policies and regulations. Responsible for coaching and supervising a team of up to 3 financial analysts. In certain instances, a dotted-line reporting structure may be applicable.
•Collaborate with Global Supply Planning, Corporate Taxes, and Transfer Pricing functions on product lifecycle management. This includes product flow design and analysis related to the divestiture and acquisition of third-party manufacturing (TPM) products.
•Deliver budgetary support to external manufacturing management teams and effectively track spending for various TPM-related projects.
•Work with AbbVie's internal manufacturing sites on insourcing and outsourcing decisions for AbbVie products by performing make-or-buy analyses. Assist the Controller or Finance Director in developing other ad hoc analyses.
.

Qualifications

 

•Bachelor’s degree in Accounting or Finance; CPA certification and/or MBA is desirable.
•High level of interpersonal skills to effectively engage with all levels of management and professionals within the company. Must possess high personal integrity, objectivity, and a tactful demeanor.
•Excellent problem-solving and decision-making abilities, with a capacity to handle broad implications. Strong analytical and statistical skills, with the ability to interpret and provide broader context to converging information.
•Experience with SAP, BPC, advanced Excel, data analysis tools, PowerPoint, and other Business Intelligence (BI) or Power Query tools.
•Ability to manage multiple priorities in a constantly changing and challenging environment. Capability to work under pressure and adapt to changes. Strong short- and long-term planning and organizational skills.
•Willingness to travel up to 25% of the time.
•Broad business perspective, able to provide advice and alternatives in financial and non-financial matters.
•Strategic and critical thinking, serving as an instrument of change and challenging conventional thought.
•Strong focus on customer service. Open and trustworthy communication skills with all levels of the organization.
•Minimum combined years of experience: 6 - 8 years.
.

Key Stakeholders:

VP of External Manufacturing; External Manufacturing Directors and Managers; VLOG team; Transfer pricing group; Corporate Tax; ECM Consolidation Teams; ECM Finance Team; AbbVie Site Controllers (ABL, ABC, Ballytivnan, Westport, and others).

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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What You Should Know About Senior Manager, Finance Third Party Manufacturing, AbbVie

At AbbVie, we're dedicated to making a difference in patients' lives and we're searching for a passionate Senior Manager, Finance Third Party Manufacturing to join our North Chicago team. This pivotal role places you at the heart of our financial performance activities in relation to key third-party manufacturing partners, particularly within our Conjugation and Aseptic Fill manufacturing processes. As the Senior Manager, you will not only oversee financial plans and operating forecasts but also dive deep into managing monthly close activities and variance analysis, ensuring every detail is aligned with our strategic objectives. Your insights will empower senior management, guiding them through critical financial decisions. Communication is key in this role; you'll collaborate with a variety of departments, ensuring everyone from Operations to Corporate Tax is aligned and informed. If you're a proactive leader with exceptional analytical skills and experience in financial operations, we encourage you to bring your talents to AbbVie. Here, you won't just be another team member; you'll make significant contributions towards impressive financial achievements that help us fulfill our mission in the healthcare sphere. We seek someone ready to face challenges head-on, and who thrives in a dynamic, innovative environment. Join us in redefining what's possible in healthcare.

Frequently Asked Questions (FAQs) for Senior Manager, Finance Third Party Manufacturing Role at AbbVie
What are the key responsibilities of a Senior Manager, Finance Third Party Manufacturing at AbbVie?

The Senior Manager, Finance Third Party Manufacturing at AbbVie is responsible for a wide array of financial activities including developing financial plans, overseeing month-end close processes, conducting variance analysis, and ensuring compliance with corporate standards. This role requires collaboration with various departments to ensure timely financial reporting and strategic financial decisions, making it integral to AbbVie’s operational efficiency.

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What qualifications are required to apply for the Senior Manager, Finance Third Party Manufacturing position at AbbVie?

Candidates for the Senior Manager, Finance Third Party Manufacturing role at AbbVie should possess a Bachelor's degree in Accounting or Finance, and having a CPA certification or MBA is desirable. A minimum of 6-8 years of relevant experience is required, along with strong analytical and leadership capabilities. Familiarity with SAP, advanced Excel, and other data analysis tools is also essential.

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How does AbbVie support the career growth of a Senior Manager, Finance Third Party Manufacturing?

At AbbVie, we prioritize personal and professional growth. As a Senior Manager, you'll have access to extensive training programs and leadership development resources. Working in a dynamic environment equips you with the experience needed to advance your career within AbbVie while making impactful contributions to our innovative healthcare solutions.

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What type of working environment can a Senior Manager, Finance Third Party Manufacturing expect at AbbVie?

The working environment at AbbVie is collaborative, innovative, and fast-paced. Senior Managers engage with various stakeholders across the organization, allowing for extensive networking and partnership opportunities. The culture promotes integrity, diversity, and customer focus, ensuring that everyone is aligned with the overarching goal of enhancing patient lives.

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What opportunities does AbbVie provide for work-life balance for a Senior Manager, Finance Third Party Manufacturing?

AbbVie recognizes the importance of work-life balance. As a Senior Manager, Finance Third Party Manufacturing, you'll benefit from flexible working arrangements and a supportive culture that encourages time off and personal wellness. We understand that a balanced employee is a productive one, contributing to bothpersonal satisfaction and the overall success of the company.

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Common Interview Questions for Senior Manager, Finance Third Party Manufacturing
Can you describe your experience with financial forecasting and how it relates to third-party manufacturing?

In your response, focus on specific examples that illustrate your financial forecasting experiences, particularly in third-party manufacturing contexts. Highlight your familiarity with key financial metrics, how you ensure data accuracy, and how your forecasts have impacted business decisions.

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How do you approach variance analysis in a manufacturing setting?

Discuss how you conduct variance analysis by comparing actual financial performance against budgeted or forecasted figures. Provide insights into the methodologies you use, any software tools leveraged, and how you communicate findings for strategic action.

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What strategies do you employ to identify cost-saving opportunities within manufacturing finance?

Share your strategies for identifying cost-saving measures, such as benchmarking, process optimization, and regular financial reviews. Providing concrete examples of past successes can strongly illustrate your expertise in this area.

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Can you give an example of a challenging financial project you managed and the outcome?

This question allows you to showcase your problem-solving and project management skills. Describe the project, your role, the challenges faced, and the steps you took to overcome them. Emphasize the positive outcomes resulting from your leadership and decision-making.

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How do you ensure compliance with accounting principles and regulations in your role?

Explain your process for staying current with Generally Accepted Accounting Principles (GAAP) and any other regulations relevant to finance in manufacturing. Discuss regular training, compliance checks, and collaboration with your team to maintain high standards.

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How do you handle team dynamics and coaching in a finance team?

Describe your approach to leadership and coaching, highlighting how you foster collaboration, recognize accomplishments, and support your team's professional development. Mention any specific methods you use to build a high-performing team culture.

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What tools or software are critical for success as a Senior Finance Manager?

Discuss your experience with financial software like SAP or advanced Excel tools and how they enhance your ability to analyze data and generate reports. Mention any emerging technologies or methods you've implemented to improve efficiency.

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In your opinion, what is the most important trait for a Senior Finance Manager in manufacturing?

Consider traits such as analytical thinking, adaptability, or strong communication skills. Provide reasoning and examples that illustrate why this trait is critical in the context of managing finances within a manufacturing environment.

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How do you prioritize and manage multiple financial projects simultaneously?

Illustrate your time management and organizational skills by sharing how you prioritize tasks based on urgency and importance, perhaps using tools or strategies like project management software or methodologies to streamline processes.

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Can you discuss your experience working with cross-functional teams?

Emphasize the importance of collaboration in finance roles. Provide examples of past engagements with different departments, how you facilitated communication, and how your contributions helped achieve common goals.

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DATE POSTED
April 15, 2025

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