Financial Analyst – Pricing GTN

Job Description

The Gross to Net Team, part of the US Therapeutics Pricing organization manages sales reporting of ~$70 billion rebates/discounts and ~$44 billion annual net sales. Quarterly reserve reconciliation of ~$16 billion in rebates and contra-receivable balances. Responsible for related systems/systems issues surrounding sales reporting and reserve reconciliation and analysis.

The Financial Analyst is responsible for supporting accurate recording, analysis, reporting and strong control and compliance processes for GTN Contra AR & Copay. This role partners closely with Commercial CoPay CoE, Price Forecasting, Pricing CoE, and Systems teams to ensure GTN estimates are properly forecasted, documented, and reconciled in accordance with Abb Vie policies, US GAAP, and internal control requirements.

Main Roles/Responsibilities:

• Prepare and review monthly/quarterly GTN accounting entries (accruals, true-ups, reclasses) and related journal entry support.
• Reconcile balance sheet accounts for coupons and contra receivables, investigate variances, and ensure timely resolution.
• Analyze GTN drivers and trends and provide commentary on key movements.
• Lead the reasonableness process and create consistent reporting across the other GTN channels for Base/Pipeline.
• Prepare coupon and contra receivable balance sheet account forecasts LBE, Plan, and LRP.
• Prepare documentation for SOX controls OTC 063 and OTC 074.
• Ensure GTN processes, assumptions, and methodologies are documented, auditable, and in line with Abb Vie accounting policies.
• Support internal and external audit requests by preparing analyses, explanations, and documentation for GTN accounts.
• Partner with CoPay CoE, Price Forecasting, Pricing CoE, and Systems teams to ensure end-to-end GTN integrity.
• Support the one-pager discussion related to coupons across all products.
• Maintain PO tracking and support the procurement process with the CoPay COE.
• Identify opportunities to streamline and automate GTN accounting and reporting processes.

• Bachelor’s degree in Finance, Accounting, or Business Administration required.
• 2+ years of relevant experience in Finance or Accounting.
• Must have strong analytical, technical, and problem-solving skills, along with good interpersonal skills to effectively work with all levels of management.
• Strong Excel and PowerPoint technical and content skills. Blackline and Kernel systems experience desired.
• Strong analytical, problem-solving, and critical-thinking skills with high attention to detail and accuracy.
• Effective communication skills, with the ability to summarize complex topics for varied audiences.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Ownership mindset, with a focus on end-to-end process accountability and continuous improvement.
• Collaborative, team-oriented working style.

• 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.

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 benefit that are allocable to a particular employer 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.

Abb Vie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives and serving our community. Equal Opportunity Employer/Veterans/Disabled.

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