Associate Director, Finance Price Forecasting

Role Summary

Provide financial leadership and business support for the Team One and Team ID franchise. Responsible for financial planning and analysis related to Plan, LBE, LRP and month-end close, with decision-making support and recommendations to Senior Management considering market dynamics, market share, market access and resourcing. Ensure the accuracy of financial statements and staff development as required.

Responsibilities

• Lead all aspects for planning and reporting for Lupron PED, GYN and URO (Part of Team One Portfolio) rebates/discounts for Plan, LBE and LRP while managing and overseeing the price forecasters for Synthroid, Liletta, Armour and Team ID
• Update all monthly and Plan/LBE schedules.
• Assist with routine LBE submissions.
• Take the lead in forecasting all product rebate/discount rate and utilization for all payer channels.
• Understand and discuss all price related variances on a monthly and plan cycle basis.
• Attend routine planning meetings and Plan/LBE/LRP meetings with the brand team. Primary contact for brand team for any pricing related questions.
• Work with forecasting and commercial finance to present a consolidated net sales message.
• Additional ad-hoc project work and analysis.
• Coordinate timing of consolidated reporting and key deliverables for the US GIC Portfolio
• Prepare Quarterly Landing file for Demand Planning net sales estimate
• Key contact for Investor Relations information and analyses
• Role also intended to be the direct manager for Creon Price Forecaster (Manager). Staff development
• Role will also include presentations to Leadership and inclusion in US Therapeutic-wide activities.
• Supervisory/Management Responsibilities: Oversee 2 Price Forecasting Managers and coach a staff to ensure an optimal level of support to the business and provide coaching and career development opportunities to sustain a high performing staff
• Position Accountability/Scope: Provide financial leadership to the brand team in development of the Plans, LRPs and LBEs. This position reports to the Finance Director. The incumbent is expected to operate independently to accomplish the goals and responsibilities of the position; however constant alignment with the Director is critical due to the nature of the role. In addition, the Associate Director has a high degree of freedom to independently set priorities so that both planned and unplanned departmental objectives are achieved. This position supports and communicates with all levels of operating and financial management on an on-going basis.

Qualifications

• Required: 7-10 years of progressive finance and/or accounting experience.
• Required: Ability and desire to proactively search out and evaluate business problems and opportunities.
• Required: Capability to direct efforts to achieve answers and results.
• Required: Ability to solve business problems through the proactive identification of issues and subsequent collection, analysis and interpretation of related data.
• Required: Demonstrated problem solving and analysis within a broad framework of AbbVie’s financial policies (CFMs) and GAAP.
• Required: Excellent verbal and written communication skills.
• Required: Bachelor's Degree in Accounting or Finance.
• Preferred: MBA in Accounting or Finance and/or CPA/CMA.
• 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.
• Preferred: Experience in pricing, forecasting, or FP&A.

Education

• BA

Skills

• Leadership and staff development
• Cross-functional collaboration and stakeholder management
• Strategic thinking and business partnership
• Strong verbal and written communication
• Analytical mindset with the ability to interpret data and inform decisions
• Familiarity with financial systems and analytics; TM1 experience preferred