Director Finance, Pricing GTN

AbbVie • Mettawa, IL • 3h ago

Company Description

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. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on X, Facebook, Instagram, YouTube, LinkedIn and Tik Tok (https://www.tiktok.com/@abbvie) .

Job Description

The Gross to Net Team, part of the US Therapeutics Pricing organization manages sales reporting of ~$70 billion rebates/discounts and ~$44 billion annual net sales. Quarterly reserve reconciliation of ~$16 billion in rebates and contra-receivable balances. Responsible for related systems/systems issues surrounding sales reporting and reserve reconciliation and analysis.

The Finance Director, GTN Pricing Reserve & Reporting will be responsible for supporting internal and external auditor deliverables, oversee the GTN Reserve of $16 billion and drive GTN Kernel system enhancements.

This position reports to the Director, GTN Pricing US Therapeutics.

Main Roles/Responsibilities:

Responsibilities will include, but are not limited to:

Lead the quarterly process of reviewing sales reserve reconciliations and analysis of ~$16 billion in rebate reserves, as well as contra-receivables accounts.

Lead or support the GTN reviews with leadership and external auditors.

Understand the market dynamics and PBM/340b impact including scrubbing.

Collaborate with Price Forecasting monthly; analyze variances and recommend necessary adjustments.

Review journal entries and ensure timely Blackline approvals.

Lead internal and external quarterly and annual audits and reviews and sign off team's SOX controls and IPE (Information Provided by Entity) shared with auditors.

Supervise, mentor, and develop a staff of four direct reports and two indirect reports.

Coordinate all team monthly task and responsibilities. Ensure timely guidance.

Coordinate with cross-functional teams (e.g., contracting, government, price forecasting) to ensure alignment and provide critical information to all management levels.

Assure adequate controls are designed, implemented, and monitored in the GTN space

Serve as the internal Subject Matter Expert on Gross-to-Net Balance Sheet topics; deliver training and guidance to business partners as needed.

Expert in Kernel system. Ensure full integration of Channel Summary and PBM information and lead system enhancements

Qualifications

Bachelor's or Master's degree in Accounting. Advanced degree a plus. Strong technical accounting and research skills are required, as well as solid understanding of AbbVie's accounting policies.

A minimum of twelve years of combined experience in volume/pricing forecasting and accounting is required. Previous pharmaceutical experience is preferred.

Operate independently and proactively, engaging with finance leadership to support organizational goals.

Must have strong analytical, technical, and problem-solving skills, along with good interpersonal skills to effectively work with all levels of management.

Strong Excel and PowerPoint technical and content skills. Blackline and Kernel systems experience are required.

Ability to understand data management and reporting with a basic awareness of the possible technology platforms and solutions that can be leveraged.

Ability to synthesize, critically analyze, efficiently communicate large volume of information, develop identify risks, recommendations and implement solutions is required.

Excellent communication skills (both oral and written) and ability to consistently provide clear and concise written and verbal communication, excellent presentation skills.

Ability to manage workload to meet critical deadlines under challenging time constraints.

Ability to make decisions without full data set or with ambiguity and uncertainty.

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 thetime 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 anybonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's soleand 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

Salary: $156,000 - $296,500

AbbVie

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