Senior Financial Analyst, Margin Accounting and Costing

Senior Financial Analyst, Margin Accounting & Costing

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.

The Senior Financial Analyst, Margin Accounting & Costing understands and monitors the margin accounting journal entries and daily costing runs to ensure that all costs and margin are reported in accordance with policy and provided accurately to all AbbVie systems and organizations that require the data for financial reporting, forecasting, and analysis.

This position has routine contact with Affiliates and Financial Shared Service support staff to resolve reporting, costing, and system issues. This role will work with large amounts of data to prepare variance analysis reports to identify margin and costing issues. The Senior analyst also supports month-end accounting, reporting for the margin ledger, annual cost planning relating to product cost, and supports continuous improvement projects. Interacts with full team on cross functional responsibilities.

Key Responsibilities Include:

• Ensure the worldwide consolidated cost of inventory and inventory related expenses are accurate.
• Perform costing analysis and identifies drivers of variances.
• Monitors the Robotic Process Automation (RPA) for margin posting programs in SAP to ensure the accurate results for the margin billed and margin relief journal entries.
• Perform monthly analysis/reconciliation between margin reports to ensure the auto margin calculation by Robot is correct.
• As a result of the reconciliation process, coordinate changes withing the deferred margin program to BTS, including testing of reports and interfaces.
• Works directly with cross functional teams on process and financial reporting to ensure complete, accurate, and timely results. Understands monthly results and communicates issues to businesses supported.
• Works closely with affiliates and colleagues with margin related issues on a product SKU basis to ensure all components within that product are properly setup.
• Prepares the month-end margin journal entries including sweeping the PPV and SRV to the Intercompany Margin 'Delta Profit' pool.
• Resolve margin and costing questions from affiliates in a timely and accurate manner.
• Collaborates with team to investigate and resolve any variances in the monthly Book to Perpetual analysis by Product on the Margin 'Delta Profit.
• Support the annual Planning exercise.
• Supports ad hoc analysis, projects, and process improvements as needed.

Qualifications:

• 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 4+ years of progressive and related experience.

Additional Information:

• 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.