Finance Lead, Price Strategy & Monitoring

AbbVie • Irvine, CA • 2h 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

Purpose

The Finance Lead, Price Strategy & Monitoring (FL) focuses on strategic initiatives and monitoring impacting customers under the Finance Gross to Net (GTN) team. The FL will focus on analysis and review for unique Customer discounting mechanisms from inception to payout. For example, the FL will provide commercial guidance on thresholds, analyze ROI and other key metrics, and operationalize the offer through accrual and payout processes in SAP. The FL will support ad hoc projects by building complex financial models related to contract and program discounts and other exploratory pricing mechanisms. On the patient side, the FL is responsible for program monitoring and execution for a novel pricing construct for consumable product. The FL will support ad hoc monitoring initiatives across the aesthetics business related to patient financing and loyalty programs. This role will provide strategic analytical support for both customers and patients.

Responsibilities

Support standardization efforts for customer discount mechanisms and ensure operational execution for completeness and accuracy when accruing and paying discounts.

Execute scenario modelling for pricing models and other strategic pricing mechanisms. Create complex financial models to revise commercial assumptions and assess potential revenue impact of new pricing strategy for the US business.

Investigate potential financial impacts of strategic price mechanisms by brand for discounts, rebate promotions, capital equipment leasing, cross-selling, product bundles or other strategic offers. Provide financial insight on gross to net financial impact.

Support modeling and analytics on customer performance for periodic commercial leadership review meetings and ad hoc business needs.

Perform periodic monitoring and remediate noncompliance for customers participating in a novel pricing construct for consumable product. Develop robust monitoring controls, SOPs, and documentation for consumable product.

Oversee the progress/status of specific customer pricing mechanisms through monthly governance. Partner closely with Commercial brand teams on controls over customer pricing and share best practices to promote compliance.

Support career development, skills, and knowledge for junior team members.

Qualifications

Bachelor's degree required. Bachelor's degree in finance or accounting preferred. MBA and /or CPA designation a plus.

6+ years of progressive and related experience in finance and/or accounting.

Self-starter with ability to operate independently, drive processes, identify and implement process improvements, establish and adjust priorities to achieve objectives and operate with speed and agility.

Ability to work productively within a team environment and perform duties independently while keeping Finance management informed. Must have excellent oral and written communication skills as job responsibilities include communicating with various levels of management.

Proficient in creating and maintaining highly complex Excel financial models.

Must be comfortable breaking down large amounts of data.

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. ?

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

Salary: $94,000 - $178,500

AbbVie

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