Senior Analyst, Finance

Senior Analyst

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 immunology, oncology, neuroscience, and eye care and products and services in our Allergan Aesthetics portfolio.

Job Description

Purpose

The primary objective of this position is to support the Gross to Net forecasting process for US Aesthetics, comprised of sales allowances offered through the Allergan Partner Privileges loyalty program and bespoke customer contracts. The Senior Analyst is responsible for the development, maintenance, harmonization, and continuous improvement of various forecasting models used to project sales allowances for all Planning Cycles (LBEs, Plan, LRP, PPD benchmark). This role is also responsible for recording monthly manual journal entries in compliance with SOX, GAAP, and AbbVie policies. In addition, this role supports extensive review and controls over the quarterly rebate payout process for loyalty program customers. This individual must be organized with a high attention to detail and an aptitude for process efficiency, continuous improvement, and adherence to tight reporting deadlines.

Responsibilities

• Performs complex modeling of customer sales allowances for LBEs, Plan, LRP, and PPD benchmark while ensuring Commercial Finance sales volume alignment.
• Prepares and develops drafts of annual Plan, LRP and LBEs as required using planning system and incorporates review changes of both financial and commercial management.
• Prepares variance analysis for each planning cycle and management reporting schedules under direction of Manager.
• Applies technical expertise to refine forecasting models, supporting strategic business decisions. For example, ensures new allowance programs and discount mechanisms are accurately and completely incorporated into the forecast for all new initiatives.
• Collaborates with stakeholders to validate and integrate actuals into forecasting models, ensuring integrity and accuracy.
• Works directly with Accounting Shared Services to prepare and submit monthly manual journal entry packages and their related supporting documentation including timely, accurate and complete preparation of all requested documents and backups.
• Ensures financial results are recorded in compliance with AbbVie financial policies (CFMs), Sarbanes Oxley and US GAAP.
• Supports the quarterly rebate payout process by performing and documenting business controls to ensure rigorous review over complex payout mechanisms for large customers.
• Performs ad hoc analysis and forecasts for internal management team and business partners as requested.

Qualifications

Qualifications

• Bachelor's degree required. Bachelor's degree in finance or accounting preferred. MBA and/or CPA designation a plus.
• Minimum of 4+ years combined experience in Commercial Finance, revenue forecasting, financial planning and analysis, cost accounting, auditing and financial reporting is required. Forecasting and prior pharmaceutical or consumer industry experience preferred.
• Takes ownership of responsibilities. Highlights important issues quickly, while proactively seeking out and presenting potential solutions.
• Ability to triangulate a wide variety of data sets and analytics to inform forecasting and solve business problems.
• Must be able to manage multiple tasks concurrently in a dynamic environment, ensure production of high quality, and achieve required timelines.
• Must be comfortable breaking down large amounts of data.
• Proficient in creating and maintaining highly complex Excel financial models.
• Solid understanding of systems and automation tools such as SAP, ThoughtSpot, PowerQuery, Excel.
• Knowledge of Allergan brands, AbbVie/Allergan reporting systems and Gross to Net preferred.

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.
• This job is eligible to participate in our long-term incentive programs.

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.