Senior Finance Analyst, Margin Accounting & Costing

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.

Job Description

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 Company 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.

Responsibilities

• Ensures the worldwide consolidated cost of inventory and inventory related expenses are accurate.
• Performs 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.
• Performs monthly analysis/reconciliation between margin reports to ensure the auto margin calculation by Robot is correct.
• Coordinate changes withing the deferred margin program to BTS, including testing of reports and interfaces, as a result of the reconciliation process.
• 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.