Finance Lead, Price Strategy & Monitoring

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

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 com