This financial leadership role within the Aesthetics US finance team is accountable for the financial review of customer contracts, net cost recovery, and sales allowance pricing governance with respect to top accounts. The role involves direct partnership with the Professional Loyalty & Governance team as well as various finance teams across AbbVie.
Responsibilities
Define, implement, and monitor a control environment for Allergan Aesthetics (AA).
Responsible for the end-to-end finance review process and key deliverables for the quarterly contract renewal cycle. Evaluate customer sales volume and current contract offers to ensure renewals align with evolving business strategy. Maintain strong ownership and accountability over all deliverables to achieve required timelines.
Review commercial program proposals, investigate, and liaise with the US Contracts and Pricing Finance team to assess Government reporting implications (i.e. AMP, Best Price, product un-bundling). Determine program feasibility, operational requirements, and advise senior management.
Execute key controls to ensure approved discounts are captured in AbbVie reporting applications completely and accurately. Partner closely with Physician Loyalty and Contracting teams on control, SOPs, and best practices over customer pricing.
Provide strong partnership and strategy to influence business partners, drive decisions, and optimize contract performance. Demonstrate a clear understanding of how performance drives gross to net forecasting and results.
Drive continuous improvement by supporting new, ad hoc, temporal, or other strategic pricing initiatives as requested by commercial business partners and management.
Perform quarterly and ad hoc net cost recovery analyses for multiple scenarios to ensure forecasted volume and price align with current business strategy.
Perform quarterly and ad hoc monitoring over rebate constructs that impact product unbundling calculations for offers currently in market and all potential offers impacting price unbundling before customer contracts are finalized. Support the quarterly accrual process with documented support for complex manual journal entries.
Track contract rebate performance and present the post-mortem evaluation of contract performance for each contract renewal cycle to understand the impact of new terms.
Support pricing governance through controls and ad hoc monitoring to ensure approved contract pricing is recorded completely and accurately in AbbVie systems.
Document, own, and maintain desktop procedures over all key processes.
Requirements
4-year undergraduate degree, with an emphasis in finance or accounting preferred.
7+ years related work experience in FP&A, Contracting, or Price forecasting preferred.
Ability to work productively within a team environment and perform duties independently while keeping Finance management informed.
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Excellent oral and written communication skills as job responsibilities include communicating with various levels of management.
Proficient in creating and maintaining highly complex Excel financial models.
Ability to respond to change and adapt quickly to achieve required timelines.
Strong analytical skills including use of Excel, advanced modeling, and systems (SAP, Conga/Salesforce, Model N). Knowledge of Power Query, PowerBI, and ThoughtSpot is a plus.
Comfortable breaking down large amounts of data.
A champion of process improvement and automation to decrease time spent on recurring tasks.
Strong interpersonal skills, including being a team player; comfortable working with cross-functional teams, while also having the ability to partner with and influence others.
Knowledge of Allergan brands, cash pay vs reimbursement distribution models, AbbVie/Allergan reporting systems, and gross to net accounting is preferred.
Benefits
Comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance, and 401(k) to eligible employees.
Eligibility to participate in long-term incentive programs.
Important Details
Application deadline: Not specified.
Application Process
Follow the application instructions provided on the AbbVie careers page.
About the Company
AbbVie is committed to discovering and delivering innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. The company strives to have a remarkable impact on people's lives across several key therapeutic areas including immunology, oncology, and neuroscience, as well as products and services in its Allergan Aesthetics portfolio.
AbbVie is a global biopharmaceutical company focused on creating medicines and solutions that put impact first — for patients, communities, and our world.
