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
The Treasury Services Lead is a crucial position within the Global Treasury Services team responsible for managing and optimizing treasury operations. This role involves close collaboration with internal teams and external banking partners, as well as with supporting strategic Treasury initiatives. It requires strong cross-functional teamwork to ensure the effective execution of global Treasury activities. The Treasury Services Lead will oversee operations, provide leadership and insight on complex financial issues, and guide direct reports.
The role demands a strategic, detail-focused professional capable of managing complex treasury operations, developing stakeholder relationships, and supporting M&A activities within a dynamic global setting.
Job Responsibilities include but not limited to:
- Lead a team of two direct reports, providing mentorship and development opportunities to nurture talent and achieve departmental goals.
- Manage outsourced treasury functions, implement process improvements, and oversee the outsourcing of transactional tasks, ensuring smooth transitions.
- Process and approve global treasury manual payment requests in accordance with service levels and compliance standards, including managing Treasury Bank tables in SAP.
- Collaborate with internal and external stakeholders and maintain strong working relationships to enhance treasury operations and perform responsibilities efficiently.
- Oversee Treasury Services SOX and internal controls, and support audit requests (SOX, Internal Audit, and External Audit), ensuring comprehensive and timely responses.
- Supervise Treasury Request Portal service modules, ensuring compliance with performance standards.
- Manage and administer escrow accounts, including setup, maintenance, and compliance requirements.
- Oversee Treasury Services processes and provide guidance to the team for in-scope invoice payment processing, adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements, and effective management of the abandoned property recovery program, ensuring regulatory compliance and efficient management of unclaimed assets.
- Manage global bank account changesincluding openings, closings, and signer modificationsand oversee the electronic bank account management system to ensure seamless operations and accurate, updated information across the organizations accounts.
- Oversee eBank User Portal and associated technologies, ensuring reliable access and functionality for global Treasury operations.
- Support the global Customer Credit limits process by preparing Country Risk ratings, leading the project for Treasury, updating templates, and preparing the summary report for the International Finance Committee (IFC).
- Provide oversight for merchant services, manage reporting on credit card processing fees, and present findings to relevant stakeholders to promote transparency and cost-effectiveness.
- Handle global contingent liabilities reporting, including bank guarantees and letters of credit through bank portals.
- Oversee global annual recertification processes for critical Treasury Operations controls.
- Assist with due diligence, settlements, and integration processes related to mergers and acquisitions.
Qualifications
- Bachelors degree in Accounting or Finance.CPA or MBA is a plus.
- Minimum of 7+ years of progressive and related experience in Treasury or Finance within the multinational company.
- Strong financial, analytical, and problem-solving skills.
- Strong communication skills (verbal and written) for collaboration with internal and external stakeholders.
- Strong leadership and project management skills.
- Proficiency in MS products, Power BI, and SAP Treasury.
- Strong analytical skills, attention to detail, and ability to manage multiple and changing priorities.
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 ingood faith it will pay for this role at the time of this posting based on the job grade for this position. Individualcompensation paid within this range will depend on many factors including geographic location, and we may ultimatelypay 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/visioninsurance and 401(k) to eligible employees.
- This job is eligible to participate in our short-term incentive programs.
Note: No amount of payis considered to bewages 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 benefitsthat are allocable to a particular employee remains in the Company's sole and absolute discretion unless and until paid andmay be modified at the Companys 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, serving our community and embracing diversity and inclusion. It is AbbVies policy to employ qualified persons of the greatest ability without discrimination against any employee or applicant for employment because of race, color, religion, national origin, age, sex (including pregnancy), physical or mental disability, medical condition, genetic information, gender identity or expression, sexual orientation, marital status, status as a protected veteran, or any other legally protected group status.
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