AbbVie · 8 hours ago
Financial Lead, Alliance Accounting
North Chicago, IL
Full-time
Hybrid
Senior Level
5+ years expAbbVie is a company focused on discovering and delivering innovative medicines and solutions to address serious health issues. The Finance Lead, Alliance Accounting will manage financial planning and reporting for collaboration and purchasing arrangements, ensuring timely preparation of licensor payments and facilitating communication among various internal and external stakeholders.
BiotechnologyFinancial ServicesHealth CareMedicalPharmaceuticalVenture Capital
Responsibilities
Ensure licensor payments and corresponding reporting and planning obligations associated with an assigned portfolio of collaboration and purchasing arrangements are prepared timely for internal and external review by Senior Management assigned to the Joint Committees of the collaborations. This requires engagement with leaders of multiple organizations within AbbVie, including Commercial, Pricing, Operations, Marketing, R&D, Medical Affairs, Alliance Management, Treasury and Legal
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
Collaborate with Legal, Alliance Management, and the Finance Working Group to resolve ad-hoc issues and clarify contract grey areas not explicitly defined, ensuring alignment across stakeholders
Support Alliance Managers with negotiating terms within the agreements and facilitation of deliverables outlined in the agreements. Requires development of procedures and methodology with 3rd party counterparties to ensure financial reporting and settlements are consistent with contractual terms
Consult with Technical Accounting, Licensing and Business Development on new agreements and support finance and non-finance business partners with interpreting key clauses in agreements and clarifying their financial implications
Develop models and presentations for financial analysis as required by Management, Legal, and Commercial for contract negotiations and litigation issues
Coordinate with Global Commercial Finance to develop models for Plan/Update/LBE/LRP projections for assigned portfolio of collaboration and purchasing arrangements
Prepare licensor payments in accordance with corporate guidelines and submit for approval. The Finance Lead must also ensure royalty and milestone obligations associated with 3rd party licensing and collaboration agreements are met and properly recorded
The Finance Lead must coordinate FP&A, External Reporting, tax, audit, and legal requirements associated with portfolio of assigned agreements. Compile financial data for collaboration-related footnote disclosures as required
Execute month-end close activities to ensure collaboration arrangements are properly recorded and balance sheet reconciliations are prepared in accordance with the close calendar
Support audit requests and ad-hoc internal projects
Qualification
Required
5 - 6 years of progressive accounting or financial experience required
BS in Accounting or Finance. CPA, CMA, or MBA are strongly encouraged
Strong analytical and organizational skills as well as a high degree of interpersonal and communication skills to work effectively with internal business units, external parties, and internal support functions
Attention to detail, independent and pro-active thought, and decision-making skills are necessary
Must be able to work well independently and in a team-oriented environment
Preferred
Experience with reviewing contracts, SOWs, 3rd party agreements preferred
Experience with large scale ERP and planning systems such as BIP, BPC, SAP, SRM, Workiva preferred
Benefits
Paid time off (vacation, holidays, sick)
Medical/dental/vision insurance
401(k)
Short-term incentive programs
Long-term incentive programs
Company
AbbVie
AbbVie is a biopharmaceutical company focused on immunology, oncology, neuroscience, virology, and aesthetics. It is a sub-organization of AbbVie.
10001+ employees
H1B Sponsorship
AbbVie has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (273)
2024 (190)
2023 (225)
2022 (284)
2021 (186)
2020 (186)
Funding
Current Stage
Public CompanyTotal Funding
$15B2024-02-27Post Ipo Debt· $15B
2023-03-08Post Ipo Equity· $0.25M
2012-12-20IPO
Leadership Team
Robert Michael
Chairman of the Board and Chief Executive Officer
Micah Bregman
Vice President, Global Strategy and Pipeline, Allergan Aesthetics
Recent News
2025-12-31
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