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Senior Manager, Forecasting Center of Excellence

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

  • Assist in helping automate and streamline various rules-based processes in forecasting through leveraging cross functional support, providing tool assessment, and assisting in implementation, as applicable.
  • Lead meetings with cross functional teams on various continuous process improvement initiatives and align on expectations and perform standard health checks vs. targeted benchmarks to ensure timely completion.  
  • Create KPI tool to track various continuous improvement efforts and track progress
  • Assist with creating dynamic central data repository helping brand forecasters leverage data in an agile fashion.
  • Assist in creating standard onboarding & offboarding materials, list of best practices, and various trainings to enhance overall forecasting experience.
  • In collaboration with DHQ, develop internal forecasting calendar identifying various milestones needed to support timely and accurate submissions for various leadership reviews (i.e. Brand, TA, US, Global, and Exec).
  • In collaboration with forecasting, identify and document opportunities for consistency (i.e., key assumptions, modeling frameworks, associated outputs for book pages, etc.)
  • Prepare Ad-Hoc Analysis, as needed.
  • In collaboration with DHQ and Forecasting leadership, review LBE planning cycles (including key +/-), and identify areas of opportunity to leverage various analysis and other resources to further streamline and simplify the LBE process.

Qualifications

Required:

  • Requires 7-10 years progressive accounting or finance experience
  • Bachelor’s Degree in Accounting/Finance, Economics, Engineering, or Math/Physics
  • Advanced level of proficiency in Microsoft Excel and Microsoft PowerPoint
  • Exceptional interpersonal skills, with the ability to partner across multiple functions as well as various levels of the organization
  • Highly motivated self-starter who can translate broad directions into high quality analytical output.
  • Open to new ideas and utilizes value-added principles in approach.
  • Ability to manage and coordinate multiple activities, due dates, and shifting priorities, under tight timeframes
  • Ability to solve business problems through the proactive identification of issues and subsequent collection, analysis, and interpretation of related data
  • Experience working independently as well as team environments and integrating activities across multiple functions / divisions
  • Adapt at analyzing and summarizing data from multiple sources.

 

Preferred:

  • US Commercial experience and knowledge of the financial planning process

 

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 Senior Manager, Forecasting Center of Excellence, AbbVie

Join AbbVie as a Senior Manager in the Forecasting Center of Excellence based in Mettawa, IL, and immerse yourself in a dynamic role where you can directly influence how we forecast and improve processes across our organization. You will play a pivotal part in automating and streamlining various forecasting processes to enhance accuracy and efficiency. Leading meetings with cross-functional teams, you’ll align on continuous improvement initiatives and establish KPIs to track progress. Your expertise in data analytics will shine as you help create a central data repository that empowers brand forecasters to access data effectively and in real-time. Additionally, you’ll be instrumental in developing onboarding materials and training programs to enhance the overall forecasting experience. In collaboration with forecasting leadership, your analytical skills will drive the review of planning cycles, identifying opportunities for consistency. We are looking for a highly motivated self-starter with a knack for translating broad directions into actionable insights, who can manage multiple initiatives under tight deadlines while maintaining exceptional interpersonal relationships across functions. If you have a passion for driving efficiency and a commitment to delivering innovative solutions in healthcare, this position is perfect for you!

Frequently Asked Questions (FAQs) for Senior Manager, Forecasting Center of Excellence Role at AbbVie
What are the key responsibilities of a Senior Manager in the Forecasting Center of Excellence at AbbVie?

As a Senior Manager in the Forecasting Center of Excellence at AbbVie, your responsibilities include automating forecasting processes, leading cross-functional meetings for continuous improvement, creating KPI tracking tools, and developing a dynamic data repository for brand forecasters. You will also create onboarding materials and enhance training programs while coordinating with leadership to ensure timely and accurate forecasting submissions.

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What qualifications and experience are required for the Senior Manager, Forecasting Center of Excellence position at AbbVie?

AbbVie requires candidates for the Senior Manager position in the Forecasting Center of Excellence to have 7-10 years of progressive finance or accounting experience, a Bachelor’s Degree in relevant fields such as Accounting/Finance or Engineering, and advanced proficiency in Microsoft Excel and PowerPoint. Strong analytical and interpersonal skills are critical for success in this role, ensuring effective collaboration across different functions.

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What skills are vital for success as a Senior Manager in Forecasting at AbbVie?

To thrive as a Senior Manager in the Forecasting Center of Excellence at AbbVie, candidates should possess strong analytical skills, exceptional interpersonal abilities, advanced proficiency in Excel, and the capability to manage multiple priorities under tight deadlines. A proactive approach to problem-solving and the ability to collaborate effectively are also key to succeeding in this role.

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How does AbbVie support continuous improvement in the forecasting process?

AbbVie is committed to continuous improvement in forecasting through various initiatives led by the Senior Manager in the Forecasting Center of Excellence. Responsibilities include running cross-functional meetings to assess progress, implementing standard health checks against benchmarks, and utilizing dynamic KPIs to track improvement efforts effectively.

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What does the onboarding process look like for the Senior Manager role at AbbVie?

The onboarding process for the Senior Manager position in the Forecasting Center of Excellence at AbbVie includes creating standard onboarding materials and implementing various training programs aimed at enhancing the overall forecasting experience for new team members while setting the stage for their success in this impactful role.

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Common Interview Questions for Senior Manager, Forecasting Center of Excellence
Can you describe your experience in leading cross-functional teams in forecasting?

When answering this question, it's essential to provide specific examples of your past experiences leading teams across various functions. Describe the nature of the projects, the challenges faced, and how you facilitated collaboration among team members to achieve successful outcomes. Show your ability to manage different perspectives and align goals toward shared objectives.

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How do you approach the automation of forecasting processes?

To effectively address this question, discuss your methodology for identifying which forecasting processes can be automated. Include examples of tools and technologies you’ve utilized, particularly focusing on how automation improved accuracy and efficiency. Make sure to emphasize your collaboration with stakeholders to ensure alignment during implementation.

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What strategies do you use to track KPIs and measure progress in forecasting?

In your response, outline your approach to defining relevant KPIs that align with business goals. Explain the importance of setting benchmarks and how you iterate on improvement processes. Discuss any tools or software you use to visualize and report on KPIs, ensuring you demonstrate an understanding of how this can drive actionable insights.

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Can you provide an example of how you've implemented a best practice in forecasting?

When answering this, share a specific instance where you identified a gap in the forecasting process and how you created a best practice initiative. Discuss the steps you took to collaborate with your team and measure the outcomes. Highlight your ability to overcome resistance and the positive impact of the new practice.

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How do you prioritize tasks and manage deadlines in a fast-paced environment?

To answer this question, explain your organizational strategies and tools you utilize for managing your workload. Emphasize your ability to delegate tasks when appropriate and how you adjust priorities based on shifting business needs, while still ensuring timely execution of critical projects.

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What is your approach to analyzing data from multiple sources?

Express your systematic approach to data analysis, such as the methodologies you apply to synthesize information from various sources. Discuss your experience with data visualization tools and how you communicate insights effectively to stakeholders. It's important to convey your attention to detail and your analytical mindset.

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Tell us about a time you solved a complex problem in forecasting.

Use the STAR method to describe a specific situation you faced, the task you needed to accomplish, the action you took, and the result achieved. This structure helps to clearly articulate the complexity of the problem and your strategic thinking in addressing it, showcasing your problem-solving abilities.

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How do you ensure consistency in forecasting models and assumptions?

Discuss your experience in reviewing forecasting models with teams to ensure that assumptions are documented clearly and consistently. Provide examples of how you have standardized frameworks or processes that foster consistency, and highlight the importance of delivering accurate outputs for decision-making.

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What systems or tools do you prefer for forecasting analysis?

When answering, mention specific systems or software that you have found effective in forecasting roles, such as advanced Excel functions, business intelligence software, or specific ERP systems. Discuss how you leverage these tools to enhance data analysis and forecasting processes.

Join Rise to see the full answer
How do you handle feedback and performance assessments in your team?

In your response, stress the importance of open communication and a culture of feedback within teams. Share strategies you employ to offer constructive feedback and how you utilize assessments to develop team members, ensuring that performance discussions are seen as opportunities for growth.

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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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March 27, 2025

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