Finance Manager, Global R&D Study Forecasting

Posted Yesterday
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North Chicago, IL, USA
Hybrid
Senior level
Healthtech • Pharmaceutical
The Role
Manage the immunology study forecasting team to produce financial forecasts (Plan, LBE, LRP, Portfolio), analyze study costs and contracts, improve forecasting processes, perform scenario planning and costing to support governance and business development, and ensure timely, accurate forecasting outputs.
Summary Generated by Built In
Company Description

About AbbVie

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 including immunology, oncology and neuroscience - and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on LinkedIn, Facebook, Instagram, X and YouTube.

Job Description

The Global R&D Study Forecasting Manager is responsible for managing the activities of the Immunology study forecasting group. This position drives the planning and execution of forecasting outputs and analysis for Plan, LBE, LRP and Portfolio submissions. The manager establishes standards across the team by coordinating analysis, study cost valuations, and improving business process. The manager is an integral partner for the clinical program development and business development organizations by providing insights and analysis needed for governance decisions.

Major Responsibilities:

  • Develops and trains staff members to expand their skill sets while positioning their team to be ready to support the growing needs of the business
  • Proactively understands the interdependencies of clinical trial study costs so that they can provide clear financial advice and transparency to both clinical and finance partners
  • Establishes strategic process improvements based on lessons learned, data, analysis findings, and innovation
  • Highly competent in analyzing clinical contracts and evaluating historical data trends to develop better forecasting
  • Ensures team meets timelines for financial processes by updating forecasts at a regular cadence
  • Conducts scenario planning and costing of clinical studies to support portfolio submissions, key strategic governance meetings and business development opportunities

Qualifications

Qualifications

BA/BS required. Degree in finance and/or health/life sciences preferred with a minimum of 8+ years of progressive relevant experience.

  • Proven track record of working effectively in a collaborative, fast-paced, cross-functional environment.
  • Strong communication, presentation, and inter-personal skills
  • Thorough understanding of financial management, budget processes, forecasting, data analysis and expense valuation metrics
  • Ability to create robust business processes
  • Perform quality oversight to ensure integrity and accuracy of forecasting outputs
  • Experience building teams with the appropriate mix of capabilities, as well as coaching and training team members to be collaborative business partners
  • Excellent communication skills (verbal and written) and demonstrated ability to delegate to staff to manage multiple priorities and drive agility and accountability.
  • Ability to thrive in a dynamic environment, prioritize and respond to changing needs of the business

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 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 and serving our community.  Equal Opportunity Employer/Veterans/Disabled. 

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

Skills Required

  • BA/BS degree
  • Degree in finance and/or health/life sciences
  • Minimum 8+ years progressive relevant experience
  • Experience working in a collaborative, fast-paced, cross-functional environment
  • Strong communication, presentation, and interpersonal skills
  • Thorough understanding of financial management, budgeting, forecasting, data analysis, and expense valuation metrics
  • Ability to create and implement robust business processes
  • Experience performing quality oversight to ensure forecasting integrity and accuracy
  • Experience building teams, coaching, and training staff
  • Experience analyzing clinical contracts and historical data trends for study costing and forecasting

AbbVie Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about AbbVie and has not been reviewed or approved by AbbVie.

  • Retirement Support 401(k) contributions include a dollar-for-dollar match up to 6% plus an additional annual company contribution tied to age and service. Company-paid life insurance and other financial protections further strengthen long-term security.
  • Parental & Family Support Paid leave programs include up to 12 weeks at 100% for parental leave and separate paid caregiver leave, with eligibility after six months where noted. Adoption and surrogacy reimbursements and family-building resources add further support.
  • Healthcare Strength Health coverage begins on day one with medical, dental, vision, mental health, and prescription benefits, and preventive care covered at 100%. Options such as HSAs/FSAs and coverage for spouses/domestic partners and children up to age 26 broaden accessibility.

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The Company
HQ: North Chicago, IL
50,000 Employees
Year Founded: 2013

What We Do

AbbVie is a global biopharmaceutical company focused on creating medicines and solutions that put impact first — for patients, communities, and our world. We aim to address complex health issues and enhance people's lives through our core therapeutic areas: immunology, oncology, neuroscience, eye care, aesthetics and other areas of unmet need.

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