Director, Technical Accounting at AbbVie
North Chicago, IL
About the Job
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 atwww.abbvie.com. Follow @abbvie onTwitter,Facebook,Instagram,YouTubeandLinkedIn.
Job Description
The Director, Technical Accounting is a critical member of AbbVies Accounting Center of Excellence and manages the technical accounting team. This role serves as a key U.S. GAAP subject matter expert and works cross-functionally to support several internal stakeholders including Business Development, Commercial, R&D, Operations, Treasury, Tax, Corporate Accounting and External Reporting. Responsibilities include research, communication, and execution of accounting for significant and complex transactions as well as providing technical accounting support to AbbVies global affiliates. This role also manages the adoption of new accounting pronouncements, accounting policy consultations, and ad hoc accounting projects.
- Manage the technical accounting team responsible for:Research and resolution of AbbVies significant, unusual and complex accounting matters including licensing and acquisitions.Providing accounting policy counsel on a global basis for significant, unusual and complex transactions across AbbVies functions and affiliates and preparation and implementation of purchase accounting and accounting integration workstreams for significant acquisitions.
- Direct the accounting for collaborations, licensing agreements, asset acquisitions and business combinations, including purchase accounting, valuation of intangibles and contingent consideration liabilities.
- Direct AbbVies technical accounting and accounting policy consultation process to provide timely and appropriate technical accounting support to global AbbVie stakeholders.
- Own AbbVies accounting policies related to technical accounting areas, manage periodic policy updates and provide accounting policy training to the Global AbbVie Finance function.
- Provide technical accounting expertise in other complex areas including derivatives, revenue recognition, leasing, intangible assets, inventory, restructuring, etc.
- Monitor U.S. GAAP and SEC developments and implements adoption of new accounting and disclosure requirements.
- Manage preparation and review of licensing and acquisition financial statement footnote disclosures for AbbVies public filings including Forms 10-Q and 10-K.
- Prepare various presentations for Accounting and Financial Reporting Vice President, Corporate Controller, and Executive Leadership Team.
- Take a leadership role in significant ad hoc projects, which vary based on AbbVies business transactions and priorities.
- Coordinate with external auditors on technical accounting topics and related disclosures.
Qualifications
- Bachelors or Master's degree in Accounting.
- CPA required and/or advanced degree a plus.
- Experience in a complex global organization. Pharmaceutical sector experience a plus but not required.
- 12+ years of progressive Accounting or Finance with experience in technical accounting, financial reporting and/or corporate accounting experience for a largecompany and/or considerablepublic accounting experiencepreferred.
- Strong technical accounting and research skills,knowledge of SEC reporting/U.S. GAAP, and knowledge of SOX compliance.
- Ability to work in a matrix organization, build strong partnerships and access available resources.
- Track record of effectively leading multiple projects and balancing competing priorities.
- Ability to develop efficient and effective solutions to diverse and complex business problems including an ability to partner with stakeholders and business partners to implement and execute business initiatives.
- Ability to motivate and lead teams, groups of peers and other stakeholders.
- Strong communication skills, both written and verbal, and ability to collaborate across functions.
- Ability to distill complex, technical and/or judgmental accounting concepts into clear and concise presentations.
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, 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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