Our work can—and does—have a tangible, lasting impact on millions of people. But it’s not just the results that matter. How we achieve them matters, too. Leading with purpose, we work to build a more sustainable future for generations to come. We do that by putting our expertise, resources and talent to work to make a real difference for patients, communities and our world.
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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 â€� immunology, oncology, neuroscience, and eye care â€� and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us atÌý. Follow @abbvie onÌý,Ìý,Ìý,Ìý,ÌýÌý²¹²Ô»åÌý.
Description
Finance Manager â€� Reserves Pricing is responsible for preparing consolidated accrued vs paid rebate schedules and analyzing variances for Medicaid, Managed Care, and Medicare, currently approx. $14 billion. Lead the month end close process and reconciles cash payments from SAP (general ledger) to Model N. Prepares monthly Blackline reconciliations and assists with preparation of the Quarterly Reserve Package. The Finance Manager works closely with Rebate Operations (Government and Commercial) to provide accurate payment forecasts. Finance Manager will also oversee top product level detail and review with pricing forecasting to ensure payments forecasts received from other pricing organizations are aligned to accruals and latest LBEs.Ìý Finance Manager will so provide ad hoc analysis/support as needed to Pricing Accounting and Forecasting team. Supports all Internal/External audits and prepares Plan/Update Balance Sheet forecasts for rebate accrual balances.
Key Responsibilities Include:
- Prepare rebate paid vs. reserves analysis monthly for Medicaid, Medicare, Managed Care and analyze variances.
- Work closely with Rebate Operations (Government and Commercial) to develop accurate forecasts.
- Update on a quarterly basis the plus/minus schedule, providing net reserve position by product and program.
- Reconcile on a monthly basis general ledger and Model N.
- Provide support for internal and external audits.
- Prepare Plan/Update Balance Sheet forecasts for accrual balances.
- Assist in Preparing Consolidated Quarterly Reserve Package.
- Coordinate schedules to be included in Quarterly Reserve Package.
- Ad Hoc Reporting and Analysis.
- Annually review and document all procedures related to the group.
Qualifications
Basic
- Bachelor’s degree in Finance or Accounting. CPA or MBA a plus
- Minimum 4+ years progressive finance/ accounting experience
- Strong financial, analytical, and problem-solving skills
- Strong organizational and communication skills (verbal and written)
- Proficient Microsoft Office skills required
- Knowledge of BPC, BiP, SAP a plus
Key Leadership Competencies
- Builds strong relationships with peers and cross functionally with partners outside of team to enable higher performance
- Raises the bar and is never satisfied with the status quo
- Ensure team members are meeting deadlines
- Open to suggestions and experimentation for improvement
- Anticipates problems and opportunities
- Drives excellent performance without being closely supervisedÌýÌý
Applicable only to applicants applying to a position in any location with pay disclosure requirements under state orÌýlocal law:Ìýâ€�
The compensation range described below is the range of possible base pay compensation that the CompanyÌýbelieves inÌýgood faith it will pay for this role at the timeÌýof this posting based on the job grade for this position.ÌýIndividualÌýcompensation paid within this range will depend on many factors including geographic location, andÌýweÌýmay ultimatelyÌýpay more or less than the posted range. This range may be modified in theÌýfuture.â€� Salary: $106,500 - $202,500
We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick),Ìýmedical/dental/visionÌýinsurance and 401(k) to eligibleÌýemployees.â€�
This job is eligible to participate in our short-term incentiveÌýprograms.Ìýâ€�
This job is eligible to participate in our long-term incentiveÌýprogramsâ€�
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Note: No amount of payÌýis considered to beÌýwages or compensation until such amount is earned, vested, andÌýdeterminable.ÌýThe amount and availability of any bonus,Ìýcommission, incentive, benefits, or any other form ofÌýcompensation and benefitsÌýthat are allocable to a particular employee remains in the Company's sole andÌýabsoluteÌýdiscretion unless and until paid andÌýmay be modified at the Company’s sole and absolute discretion, consistent withÌýapplicable law.Ìýâ€�
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AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives and serving our community.â€� Equal Opportunity Employer/Veterans/Disabled.Ìý
US & Puerto Rico only - to learn more, visitÌý
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