Senior Manager, Price Forecasting - AbbVie
Mettawa, IL
About the Job
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 X, Facebook, Instagram, YouTube, LinkedIn and Tik Tok.
Job DescriptionPrimary Job Function:
Position is the primary contact for key commercial brands and finance teams for Gross-to-Net sales planning and reporting. Estimate rebates/discounts for products. Provide ad hoc financial analysis as needed. Prepare all required schedules for Plan/LBE/LRP.
Core Job Responsibilities:
Responsibilities will include, but are not limited to:
- Lead all aspects for planning and reporting for franchise’s rebates/discounts for Plan, LBE and LRP.
- Update all monthly and Plan/LBE schedules.
- Assist with routine LBE submissions.
- Take the lead in forecasting all product rebate/discount rate and utilization for all payer channels.
- Understand and discuss all price related variances on a monthly and plan cycle basis.
- Attend routine planning meetings and Plan/LBE/LRP meetings with the brand team. Primary contact for brand team for any pricing related questions.
- Work with forecasting and commercial finance to present a consolidated net sales message.
- Additional ad-hoc project work and analysis.
Supervisory/Management Responsibilities:
Position will have a minimum of 1 direct report and manages a complex and critical process and will be responsible for multiple brands. This position requires a high level of communication with other teams and functional groups, as well as the development of Manager, Price Forecasting.
Position Accountability/Scope:
The incumbent is responsible for providing financial leadership to the brand team in development of the Plans, LRPs and LBEs. This position reports to the Finance Director. The incumbent is expected to operate independently to accomplish the goals and responsibilities of the position; however constant alignment with the Director is critical due to the nature of the role. In addition, the Senior Manager has a high degree of freedom to independently set priorities so that both planned and unplanned departmental objectives are achieved. This position supports and communicates with all levels of operating and financial management on an on-going basis.
QualificationsSkills/Experience Requirements:
Basic Qualifications:
7+ years of progressive Accounting/Finance.
The candidate must also possess the following skill sets:
• The ability to interact with and support senior level management and to partner effectively and independently in a matrix organization.
• Strong organizational, analytical, problem solving, planning and decision making skills.
• Extensive interpersonal skills and excellent verbal and written communication skills including a high energy level.
• Strong Excel and 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.
Preferred Qualifications:
Prefer experience in pricing, forecasting, or FP&A
Education Requirements:
BA/BS in Finance or Accounting. MBA/CPA preferred.
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 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
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.
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.
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