AbbVie - North Chicago, IL
posted 4 months ago
The Finance Lead, Alliance Accounting, plays a crucial role in managing the financial planning and analysis processes for a portfolio of licensing arrangements within the Alliance Accounting group at AbbVie. This position is designed for a highly energetic and motivated individual who is eager to gain broad exposure and has the ability to work effectively with both internal and external stakeholders, including Senior Management. The Finance Lead will be responsible for ensuring that licensor payments and the associated reporting and planning obligations are prepared in a timely manner for review. This includes supporting Alliance Managers in the facilitation of deliverables outlined in licensing and collaboration agreements, which requires the development of procedures and methodologies to ensure consistent tracking of these agreements in accordance with contractual terms. In addition to managing financial reporting, the Finance Lead will develop financial models and presentations for analysis as required by Management, Legal, and Commercial teams, particularly in the context of contract negotiations and litigation issues. The role also involves coordinating with Global Commercial Finance to create models for various projections related to the assigned portfolio. The Finance Lead will review licensor payments to ensure compliance with corporate guidelines and will oversee the recording of royalty and milestone obligations associated with third-party agreements. The position includes managing one direct report, promoting their growth and development, and performing month-end close activities to ensure accurate recording of global royalty income and expenses. The Finance Lead will also support audit requests and ad-hoc internal projects, requiring strong analytical and organizational skills, as well as excellent interpersonal and communication abilities. Attention to detail, independent thought, and decision-making skills are essential, along with the ability to manage multiple priorities and deadlines effectively. A solid understanding of US Generally Accepted Accounting Principles is also required.