Role Summary
Director, Finance – BD, Alliances and Integration. Oversees end-to-end financial support including BD assessments, R&D cost modeling, and integration of newly acquired entities or assets into AbbVie’s R&D operations. Hybrid role based in Lake County, IL.
Responsibilities
- R&D cost models to support BD assessments and strategic decision making.
- Cross-functional coordination with Clinical, Development Sciences, Operations, and other business partners to gather model inputs, validate assumptions, and pressure-test financial FTE models.
- Financial reporting, month-end funding submissions, and planning processes for R&D Partner Funding across monthly, quarterly, annual Plan, LRP and LBEs, ensuring data integrity and timeliness.
- Financial support during the transition and operationalization of newly executed BD agreements, including preparation of deliverables for Corporate and Integration teams including baseline financial R&D assumptions for IPR&D intangibles associated with acquisitions.
- Ensure Day 1 readiness and post-Day 1 integration activities for R&D acquisitions, ensuring business continuity for all financial processes.
- Project manage all integration activities including invoice processing, payment approvals, spend tracking, and performance management by engaging regularly with Accounting COE, Treasury, Tax, Risk Management, and R&D business functions.
- Manage and track all R&D related integration one-time costs.
- Lead Operating Model Integration (OMI) for R&D, by integrating acquired companies into AbbVie’s SAP, including overseeing master data request, employee/contractor mapping, SAP role assignments, and support planning and operating processes. Collaborate with ATO, FSS, BTS and R&D functions.
- Drive process improvement initiatives including R&D cost model standardization, optimization of BD deal reporting, and other key project support as needed.
- Participate in senior leadership meetings, providing status updates and finance guidance on integration progress and related activities.
- Team includes 10 R&D finance professionals.
Qualifications
- Bachelor's degree in accounting or finance and 12-15 years of related work experience. CPA/MBA preferred.
- Diversified finance experience preferred with knowledge of cost models to support BD.
- Knowledge of applicable regulations and standards affecting the pharmaceutical industry.
- Excellent oral and written communication skills required with a proven ability to convert the complicated to the simple for executive level stakeholders.
- Prior financial support of executive level business clients required.
- Experience in leading and motivating a team in a dynamic business environment.