Finance Manager - AbbVie

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 www.abbvie.com. Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn. 

The Financial Shared Services Manager US Credit and Accounts Receivables will manage the team performance of the credit, audit, reporting, and cash application functions within the United States. Support relationships and engage in effective communication with our internal and external customers. Set and achieve credit & cash goals. Provide performance reporting to management and identify areas of concern, with suggestions for improvement on a timely basis. Demonstrate working knowledge of credit-related issues and business interests of customer portfolio. Continuous leadership and involvement on departmental projects, cross functional teams and business projects which may include Sarbanes-Oxley, Payment Card Industry and Audit.  

Responsibilities: 

• Manage ongoing credit risk of an assigned customer credit portfolio of ~$19B. 

• Independently review accounts that are in financial jeopardy. Monitor industry trends, proactively identify potential risks relating to portfolio, and escalate as needed. Implement plans with approval/review of Manager. 

• In-depth knowledge of credit principles, practices, and regulations, with the ability to apply sound judgment in complex credit scenarios.  

• Provide credit risk ratings, financial notes and credit limit recommendations that help stakeholders fully understand their risk / reward decisions of approval. 

• Facilitate timely and appropriate resolution of emerging issues through the involvement of internal stakeholders (Credit & Collection teams, Sales, Finance, Legal, etc.) as required. 

• Manage a team of direct reports (1-3 people) responsible for overall credit decisions & recommendations, including granting timely credit when necessary to avoid credit holds. Assure the quality, soundness, and timeliness of all financial analysis, and the credit approval processes. 

• Ensure the team adheres to company policies and procedures. Ensure staff understands and complies with OEC and Sarbanes-Oxley requirements. Recommend and implement enhancements to department policies and procedures. 

• Build and develop relationships with the Customers, Sales Team and other functional partners. 

• Present and report monthly performance against budget/target with supporting analysis and raise any issues or problems that need to be discussed.  Provide clear leadership and guidance for the team in any ad hoc projects as they may arise, ensuring the business needs are met, with minimum disruption to the day-to-day duties and performance of the department.  Interact as needed with Business Process Outsourcer regarding cash application.  Manage audit interaction for the department with internal and external auditors.  

• Participate /lead /drive to conclusion in process improvements and projects involving multiple functions, analyze results, prepare, and present recommendations to management. Failure to achieve results may result in adverse impact on customer relationships, loss of cash flow to AbbVie, or audit issues. Thorough conceptual understanding of systems, processes, policy &procedures. Maintain system information while ensuring account data integrity and customer/client satisfaction. 

• Performs related duties as assigned. 

• Strong financial, organizational, analytical, problem solving, planning and decision-making skills and ability to work independently. 

• The ability to interact with and support senior level management and to partner effectively and independently in a matrix organization, for example the COE Treasury, Operations and R&D Finance team, other AbbVie business units like Aesthetics, PCYC and Immunogen.   

• Ability to drive, influence and manage change.  

• Extensive interpersonal skills and excellent verbal and written communication skills, including a high energy level. 

• Strong SAP (FSCM), Excel, Power BI, Qlickview, PowerPoint, technical and content strategy skills. 

• The ability to manage and coordinate multiple activities and shifting priorities under tight timeframes. 

• A highly motivated self-starter who can translate broad directions into high quality analytical output. 

• Open to new ideas, creative and utilizes value-added principles in approach. 

• B.A./B.S. required - Accounting/Finance/Business preferred. 

• Minimum of 5 years Credit Management, Collection and/or Accounts Receivable management or related experience beyond the degree. 

• Related professional certifications preferred. 

Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law: ​

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• The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay 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/vision insurance and 401(k) to eligible employees.​

• This job is eligible to participate in our short-term incentive programs. ​

• This job is eligible to participate in our long-term incentive programs​

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Note: No amount of pay is considered to be wages 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 benefits that are allocable to a particular employee remains in the Company's sole and absolute discretion unless and until paid and may be modified at the Company’s sole and absolute discretion, consistent with applicable law. ​

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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 AbbVie’s 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.

US & Puerto Rico only - to learn more, visit https://www.abbvie.com/join-us/equal-employment-opportunity-employer.html 

US & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more:

https://www.abbvie.com/join-us/reasonable-accommodations.html