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 . on X , Facebook , Instagram , YouTube , LinkedIn and Tik Tok .
Job Description
Description
Finance Manager 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. 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
Qualifications
Basic
- Bachelors 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 supervised
Additional Information
Applicable only to applicants applying to a position in any location with pay disclosure requirements under state orlocal law:
The compensation range described below is the range of possible base pay compensation that the Companybelieves ingood faith it will pay for this role at the timeof this posting based on the job grade for this position.Individualcompensation paid within this range will depend on many factors including geographic location, andwemay ultimatelypay more or less than the posted range. This range may be modified in thefuture.
We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick),medical/dental/visioninsurance and 401(k) to eligibleemployees.
This job is eligible to participate in our short-term incentiveprograms.
This job is eligible to participate in our long-term incentiveprograms
Note: No amount of payis considered to bewages or compensation until such amount is earned, vested, anddeterminable.The amount and availability of any bonus,commission, incentive, benefits, or any other form ofcompensation and benefitsthat are allocable to a particular employee remains in the Company's sole andabsolutediscretion unless and until paid andmay be modified at the Companys sole and absolute discretion, consistent withapplicable 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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