Director, Finance – BD, Alliances and Integration
- Full-time
- Salary Min: 177000
- Salary Max: 336000
- Workday Global Grade: 22
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 Director, Finance – BD, Alliances and Integration, oversees end-to-end financial support including business development (BD) assessments, R&D cost modeling (internal and external costs including capital needs), and integration of newly acquired entities or assets into AbbVie’s R&D operations.
Key Responsibilities include oversight and lead the following activities:
- R&D cost models to support BD assessments and strategic decision making.
- Cross-functional coordination with Clinical, Development Sciences, Operations, and other business partners to gather model inputs, validate assumptions, and pressure-test financial FTE models.
- Financial reporting, month-end funding submissions, and planning processes for R&D Partner Funding across monthly, quarterly, annual Plan, LRP (Long Range Plan) and LBEs (Latest Best Estimates), ensuring data integrity and timeliness.
- Financial support during the transition and operationalization of newly executed BD agreements, including preparation of deliverables for Corporate and Integration teams including baseline financial R&D assumptions for IPR&D intangibles associated with acquisitions.
- Ensure Day 1 readiness and post-Day 1 integration activities for R&D acquisitions, ensuring business continuity for all financial processes.
- Project manage all integration activities including invoice processing, payment approvals, spend tracking, and performance management by engaging regularly with Accounting COE, Treasury, Tax, Risk Management, and R&D business functions.
- Manage and track all R&D related integration one-time costs.
- Lead Operating Model Integration (OMI) for R&D, by integrating acquired companies into AbbVie’s SAP, including overseeing master data request, employee/contractor mapping, SAP role assignments, and support planning and operating processes. Collaborate with ATO, FSS, BTS and R&D functions.
- Drive process improvement initiatives including R&D cost model standardization, optimization of BD deal reporting, and other key project support as needed.
- Participate in senior leadership meetings, providing status updates and finance guidance on integration progress and related activities.
- Team includes 10 R&D finance professionals.
Hybrid role base in Lake County, IL
Qualifications
- Bachelor's degree in accounting or finance and 12-15 years of related work experience. CPA/MBA preferred.
- Diversified finance experience preferred with knowledge of cost models to support BD.
- Knowledge of applicable regulations and standards affecting the pharmaceutical industry.
- Excellent oral and written communication skills required with a proven ability to convert the complicated to the simple for executive level stakeholders.
- Prior financial support of executive level business clients required.
- Experience in leading and motivating a team in a dynamic business environment.
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.
This job is eligible to participate in our long-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