Financial Analyst, Margin Accounting

Posted 8 Days Ago
North Chicago, IL, USA
Hybrid
66K-126K Annually
Junior
Healthtech • Pharmaceutical
The Role
Performs worldwide inventory costing, margin accounting, reconciliations, variance analysis, journal entries, and financial reporting. Monitors SAP margin-posting automation, validates margin calculations, resolves product- and SKU-level issues, and coordinates process changes with technology teams. Partners with affiliates and cross-functional stakeholders to support month-end close, planning, reporting accuracy, and process improvements. Requires strong analytical and communication skills, Excel proficiency, and preferably SAP and manufacturing cost accounting experience.
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

Key Responsibilities Include: 

  • Help ensure the accuracy of worldwide consolidated inventory costs and inventory-related expenses.
  • Perform costing analyses and identify key drivers of variances.
  • Monitor robotic process automation (RPA) used for SAP margin-posting programs and verify the accuracy of margin billed and margin relief journal entries.
  • Perform monthly analyses and reconciliations across margin reports to validate automated margin calculations.
  • Based on reconciliation results, coordinate required changes to the deferred margin program with Business Technology Solutions (BTS), including testing reports and interfaces.
  • Partner with cross-functional teams on processes and financial reporting to support complete, accurate, and timely results; understand monthly results and communicate issues to supported businesses.
  • Work closely with affiliates and colleagues to resolve product- and SKU-level margin issues and help ensure that all product components are properly set up.
  • Prepare month-end margin journal entries, including sweeping purchase price variance (PPV) and standard revaluation (SRV) amounts to the Intercompany Margin "Delta Profit" pool.
  • Resolve margin and costing inquiries from affiliates in a timely and accurate manner.
  • Collaborate with the team to investigate and resolve variances identified in the monthly book-to-perpetual analysis by product for Intercompany Margin "Delta Profit."
  • Support the annual planning process.
  • Perform ad hoc analyses and support projects and process improvements as needed.

Qualifications

Basic:                             

  • Bachelor’s degree in Finance or Accounting preferred  
  • Proficient Excel Skills required, experience with SAP preferred
  • Cost Accounting experience in manufacturing highly desirable along with experience in supply chain finance operations.
  • Strong analytical, communication, problem solving, and interpersonal skills
  • Minimum 2+ years of progressive and related experience.

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. ​

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

  • Bachelor's degree in Finance or Accounting
  • Proficient Microsoft Excel skills
  • Minimum 2+ years of progressive and related experience
  • Strong analytical skills
  • Strong communication skills
  • Strong problem-solving skills
  • Strong interpersonal skills
  • Cost accounting experience in manufacturing
  • Experience in supply chain finance operations
  • Experience with SAP

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 — Retirement programs are portrayed as a standout, with a dollar‑for‑dollar 401(k) match up to 6% and an additional annual company contribution based on age and service. Feedback suggests this materially boosts perceived total compensation for many U.S. employees.
  • Parental & Family Support — Paid parental and caregiver leave are emphasized, including up to 12 weeks of fully paid parental leave for all parents and 4 weeks of paid caregiver leave in the U.S. Feedback suggests these policies are a meaningful differentiator for employees balancing family needs.
  • Leave & Time Off Breadth — Time off is described as extensive, with tiered vacation that scales with tenure, 17 company holidays, and two paid volunteer days in the U.S. Feedback suggests the breadth of leave contributes notably to overall benefits satisfaction.

AbbVie Insights

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The Company
HQ: North Chicago, IL
56,000 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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