Senior Director, Finance

Posted 2 Days Ago
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North Chicago, IL, USA
Hybrid
Senior level
Healthtech • Pharmaceutical
The Role
The Senior Director of Finance provides financial leadership in R&D, overseeing financial planning, reporting, internal controls, and strategic business partnership with senior management.
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

Position Overview

The primary objective of this position is to provide financial leadership and business support for R&D Finance. Specifically, this position is responsible for all consolidated financial planning and reporting, internal controls, and leadership. In addition, this position provides strategic business partnership to the Vice President Controller or R&D Finance.

Core Responsibilities

  1. Financial Reporting and Internal Control:
    • Lead the monthly, quarterly and annual close / reporting processes ensuring accurate and timely reporting of monthly financial results in accordance with GAAP and reporting requirements from Division, Global and Corporate requirements.
    • Develop effective reporting, monitor performance and support development of contingency plans as necessary to deliver results with clear and concise commentary.
    • Work closely with the external and internal audit teams to complete all audit cycles effectively and implementing any audit recommendations according to due dates as applicable.
    • Drive to continue to enhance internal controls and ensure financial results are recorded in compliance with AbbVie financial policies, SOX and GAAP.
  2. Financial Planning and Analysis:
    • Proactively lead the planning processes [Plan, UPD, LBE and LRP] ensuring accurate and timely integration of sales forecast, pricing and investment resourcing, ensuring senior management input to meet overall Division / Global / Corporate deadlines and deliverables.
    • Coordinate across the division timelines, requirements, targets, financial presentations, and financial results for all Corporate planning requirements. 
    • Lead the finance team that provides direct financial support to all of the support organizations within the division.
    • Ensure financial planning and reporting deliverables are accurate, clear and concise for Executive level review and approval.
  3. Strategic Business Partnership:
    • Provide proactive leadership across overall Financial Planning and Reporting function by effectively communicating / interfacing with Senior management, business unit controllers and other cross functional teams with R&D Finance as well as all external customers encompassing Global and Corporate FP&A communities.  
    • Be a strategic partner to the Vice President – R&D Finance and provide clear and concise output deliverables that are Executive management ready.
    • Decision Support / Special Projects -- Provide analyses for ad hoc or other business presentations that lend insight into key business drivers enabling senior management to adapt more appropriate tactics / strategy to meet both short- and long-term objectives.
  4. Leadership
    • Build an effective network within the R&D Finance teams to facilitate navigation and alignment throughout the complex matrix environment.
    • Identify, nurture and develop key talent with an eye towards future leadership roles within various areas of the organization.
    • Acclimate to US forecasting cycles and consider areas for future process improvements as part of a key member of the planning processes, along with DHQ and members of the extended finance leadership team.
  5. Demand Management & Pricing (as applicable):  Partner with Demand Planning/Pricing teams to monitor and maintain the stability of AbbVie product in the U.S. supply channel, ensure the equitable allocation of product to customers and provide business insights on purchase and pricing trends across AbbVie’s key brands. 
  6. Effectively lead and develop a team of professionals with direct reports.

Qualifications

Required:

  • 15+ years progressive accounting or finance experience
  • Bachelor’s Degree in Accounting or Finance
  • Excellent verbal and written communication skills
  • Experience in leading and motivating a team in a dynamic business environment to successfully achieve results and on-time deliverables  
  • Ability to solve business problems through the proactive identification of issues and subsequent collection, analysis, and interpretation of related data
  • Experience supporting senior operating management, with executive presence and ability to challenge the status quo while building relationships
  • Experience working independently as well as team environments and integrating activities across multiple functions / divisions

Preferred:

  • MBA in Accounting or Finance and / or CPA
  • US Commercial experience and knowledge of the financial planning process
  • Solid understanding of automated accounting/financial systems such as TM1, desktop productivity and mainframe accounting applications

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 thisposting 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 anduntil 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

  • 15+ years progressive accounting or finance experience
  • Bachelor's Degree in Accounting or Finance
  • Excellent verbal and written communication skills
  • Experience in leading and motivating a team
  • Ability to solve business problems through analysis
  • Experience supporting senior operating management
  • Experience working independently and in team environments
  • MBA in Accounting or Finance and/or CPA
  • US Commercial experience and knowledge of financial planning process
  • Solid understanding of automated accounting/financial systems

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: 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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