Senior Manager, Alliance Accounting. North Chicago LilyLifestyle
Listed on 2026-06-17
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Finance & Banking
Financial Manager, Corporate Finance, CFO
Senior Manager, Alliance Accounting
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.
- 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.
- 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 proactive 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.
- Compensation ranges are based on job grade and may vary by location.
- 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 long‑term incentive programs.
Salary: $124,500
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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