Associate Director, Finance - Pricing GTN
AbbVieAbout the role
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 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 Associate Director, Pipeline Rebates and Reserve Analysis, will be responsible for supporting internal and external auditor inquiries, assisting with Balance Sheet forecasts (LBE/PLAN), actuals and Cash Flow analyses, and completing the Pipeline rebates requirements impacting gross-to-net.
This position reports to the Director, GTN Pricing US Therapeutics.
Main Roles/Responsibilities:
- Responsibilities will include, but are not limited to:
- Assist in managing the quarterly process of reviewing sales reserve reconciliations and analysis of ~$16 billion in rebate reserves, as well as contra-receivables accounts.
- Perform quarterly reconciliations for Pipeline rebates including DOH/ MOS analyses.
- Lead analytics for Pipeline rebates LBE, providing insights for financial planning.
- Collaborate with Price Forecasting monthly; analyze variances and recommend necessary adjustments.
- Review journal entries and ensure timely Blackline approvals.
- Lead or support internal and external quarterly and annual audits and reviews.
- Develop and maintain standard operating procedures and documentation, including IPE (Information Provided by Entity) shared with auditors.
- Supervise, mentor, and develop one direct report.
- Coordinate with cross-functional teams (e.g., cont
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