Job Details

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

The Senior Manager, Alliance Accounting, partners closely with internal stakeholders to administer a portfolio of in-bound and out-bound licensing arrangements. The role is highly visible as it leads a team of two direct and four indirect reports that executes the activities necessary to administer these arrangements with external alliance partners and works cross-functionally with key internal stakeholders as needed to support day-to-day operations and ad-hoc requests. Key internal stakeholders include Alliance Management, Legal, Treasury and Tax COE as well as organizational finance teams (Commercial, Aesthetics, Operations and Corporate).

Responsibilities

• Oversees month-end close activities to ensure global royalty income and expense are properly recorded and balance sheet reconciliations are prepared in accordance with the close calendar.

• Collaborates cross-functionally with key internal stakeholders to ensure licensing arrangements are appropriately implemented and administered in accordance with their terms and conditions.

• Supervises the preparation of periodic alliance partner reporting packages for royalty payments, ensuring accuracy, timeliness and compliance with the terms and conditions of the licensing arrangement.

• Ensures timely collection of royalty receivables and supervise the process for compiling supporting documentation and analyses to assess amounts received.

• Consults with Finance Business Development on new licensing arrangements.

• Supports Commercial’s planning process for global royalty expense across all planning cycles (Plan / Update / LBE / LRP) and serve as the primary point of contact.

• Maintains an inventory of commercial milestones associated with company’s licensing arrangements and partner with key internal stakeholders to periodically reassess the estimated timing of achievement. As milestones are achieved, oversees the preparation of milestone payment packages to facilitate internal approvals.

• Prepares a milestone payment cash flow forecast in support of Corporate Accounting’s planning process for intangible assets for the Plan and LRP cycles.

• Coordinates with company’s internal and external auditors and Tax COE for audit and accounting-related requirements as well as supporting company initiated or alliance partner-initiated audits of licensing arrangements.

• Performs ad hoc financial reporting and analysis and lead special projects or initiatives, as assigned, which vary based on company’s business transactions and priorities.

Qualifications

• Bachelor’s degree in Accounting or Finance.

• CPA and/or MBA preferred.

• 7-10 years of progressive experience in Accounting and/or Finance.

• Previous supervisory experience leading a team and supervising personnel.

• Requires strong analytical, problem solving and organizational skills as well as a high degree of interpersonal and communication skills (verbal and written) to collaborate effectively with key internal stakeholders and alliance partner personnel.

• Demonstrated ability to work independently, meet tight timelines and lead multiple projects while balancing competing priorities and customer / stakeholder demands.

• Attention to detail, independent and pro-active thought, and decision-making skills.

• Demonstrated ability to build strong relationships with peers and key stakeholders and collaborate cross-functionally with partners outside of immediate team.

• Proficiency in Microsoft Excel and PowerPoint.

• Experience with large scale ERP and planning systems such as SAP and BPC preferred.

Key Stakeholders

• Senior Management assigned to the Joint Committees of the collaborations.

• Company leaders of multiple organizations, including Commercial, Pricing, Operations, Marketing, R&D and Legal.

• Company Alliance Management

• Working Groups of external parties

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?

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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.

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