Senior Manager, Alliance Accounting

Company Description

About Abb Vie

Abb Vie'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 including immunology, oncology and neuroscience - and products and services in our Allergan Aesthetics portfolio. For more information about Abb Vie, please visit us at  Follow @abbvie on Linked In, Facebook, Instagram, X and You Tube.

Job Description

As the Senior Manager, Alliance Accounting, you will play a highly visible leadership role at the intersection of finance and cross-functional collaboration. You will lead a team of two and serve as a key financial steward for Abb Vie's portfolio of external collaboration and purchasing arrangements - partnering with Alliance Management, Legal, Treasury, Tax COE, and organizational finance teams across Commercial, R&D Alliance, R&D Medical Affairs, Operations, and Corporate.

In this role, you will drive the accurate and timely consolidation and reporting of internal non-R&D financial information, facilitate exchanges with external alliance partners and key internal stakeholder groups, and ensure these arrangements are administered in accordance with their contractual terms.

Responsibilities

* Oversee month-end close activities to ensure collaboration arrangements are properly recorded and balance sheet reconciliations are prepared in accordance with the close calendar.

* Collaborate cross-functionally with organizational finance teams, Alliance Management, Legal, Treasury and Tax COE to ensure collaboration arrangements are appropriately implemented and administered in accordance with their terms and conditions.

* Supervise the preparation of periodic alliance partner settlement packages, ensuring accuracy, timeliness and compliance with the terms and conditions of the collaboration arrangement.

* Coordinate internal stakeholder review and approval of settlement packages and facilitate the exchange and discussion of financial results directly with external alliance partners.

* Serve as a member, as needed, on finance working groups that support collaboration governance committees (e.g., joint steering, joint commercialization, joint manufacturing) on finance-related topics. Collaboration governance committees include senior Abb Vie and alliance partner personnel.

* Ensure timely collection of collaboration settlement receivables and supervise the process for compiling supporting documentation and analyses to assess amounts received.

* Partner with Finance Business Development to evaluate and provide guidance on new collaboration arrangements, ensuring proper structure and financial treatment from inception.

* Support Commercial's planning process for global royalty expense across all planning cycles including Plan, Update, / Latest Best Estimate (LBE), Long-Range Plan (LRP).

* Support the maintenance of an inventory of commercial milestones associated with Abb Vie's collaboration arrangements and partner with Alliance Management, R&D Alliance, and organizational finance teams to periodically reassess the estimated timing of achievement. As milestones are achieved, oversee the preparation of milestone payment packages to facilitate internal approvals.

* Consult with External Reporting and Technical Accounting on accounting matters and compile and provide financial information for collaboration-related footnote disclosures as required.

* Coordinate with Abb Vie's internal and external auditors and Tax COE for audit and accounting-related requirements as well as supporting Abb Vie-initiated or alliance partner-initiated audits of collaboration arrangements.

* Perform ad hoc financial reporting and analysis and lead special projects or initiatives, as assigned, which vary based on Abb Vie's business transactions and priorities.

Qualifications

* Bachelor's degree in Accounting or Finance required

* CPA and/or MBA preferred but not required.

* 7-10 years of progressive experience in Finance and/or Accounting required

* Previous supervisory experience leading and developing a team.

* Strong analytical, problem-solving, and organizational skills, paired with exceptional interpersonal and communication abilities (verbal and written) with a proven track record of building relationships and collaborating effectively across functions and with external partners.

* Proven ability to work independently, meet tight timelines and lead multiple projects while balancing competing priorities and customer/stakeholder demands.

* Strong attention to detail, independent and pro-active thought, and decision-making skills.

* Proficiency in Microsoft Excel, PowerPoint, and Workiva

* Experience with large scale ERP and planning systems such as BPC, BIP, and SAP preferred.

Additional Information

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

* The…