Company Description
About AbbVie
AbbVie'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 AbbVie, please visit us at www.abbvie.com. Follow @abbvie on LinkedIn, Facebook, Instagram, X and YouTube.
Job Description
The Senior Finance Manager – R&D Oncology Clinical Finance serves as a key finance business partner to the Oncology Clinical Development Team and Portfolio Program Management. This role serves as a senior finance partner to R&D leadership, driving financial planning strategy, clinical spend transparency, and cross-functional alignment to enable sound portfolio decision-making.
Responsibilities
- Serve as a strategic finance business partner to the Oncology Clinical Development Team and Portfolio Program Management, building trusted relationships that drive sound financial planning and decision-making.
- Lead decision support in R&D business partner meetings through data-driven analysis, influencing and constructively challenging decisions to drive optimal outcomes and disciplined use of funding.
- Drive cross-functional collaboration with the R&D organization to deliver financial commitments and identify and execute on strategic and growth value drivers.
- Develop insights and recommend actions to manage any deviations from plan; ensure coherent financial analysis and alignment across functions through the identification of opportunities to invest, reduce costs, and mitigate risks.
- Execute and manage all aspects of monthly, quarterly, Plan, Long Range Plan (LRP), and Latest Business Estimate (LBE) cycles as required.
- Conduct scenario planning and costing of clinical studies to support portfolio submissions, key strategic governance meetings, and business development opportunities.
- Monitor study progress and revise study estimates with timely and relevant causals rationale for senior management. Maintain integrity of financials and strong internal control environment for clinical study accounting (ROSS accounting).
- Adhere to the forecasting best practices and utilization of the R&D clinical cost calculator and cost categories established by the R&D forecasting COE and elevate unique or unusual situations.
- Develop a deep understanding of clinical trial cost interdependencies to provide clear, actionable financial guidance to clinical and finance partners.
- Provide relevant variance analysis for each planning cycle; develop meaningful management reporting schedules and ensure accuracy and predictability of results.
- Lead financial discussions with R&D Therapeutic and Finance leadership, providing insights into the components of clinical spend and implications of changes to enable informed decision-making.
- Develop and mentor team members to expand their skill sets, positioning the team to support the growing needs of the business.
Qualifications
Required:
- BA/BS degree required; degree in Accounting, Finance and/or Health/Life Sciences preferred.
- Minimum of 8-10 years of progressive, relevant finance experience.
- Strong team player with a track record of effective cross-functional collaboration in dynamic, fast-paced settings.
- Demonstrated willingness to question assumptions and constructively challenge the status quo to improve processes and outcomes.
- Proven leadership presence with the ability to tailor communication and financial storytelling to executive audiences
- Demonstrated ability to influence and drive alignment across senior stakeholders and leadership
- Strong financial, analytical, and problem-solving skills.
- Ability to work effectively under pressure and meet deadlines.
- Aptitude for identifying process improvement opportunities and driving continuous improvement.
Preferred:
- MBA or Master's degree in a related field.
- Pharmaceutical or biotech industry experience strongly encouraged.
- Experience with SAP, BPC, ClinPro, Power BI, and/or Clin2Pay.
Additional Information
Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law:
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 thisposting 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 long-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 benefits that are allocable to a particular employee remains in the Company's sole and absolute discretion unless anduntil paid and may be modified at the Company’s sole and absolute discretion, consistent with applicable law.
AbbVie 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.
US & Puerto Rico only - to learn more, visit https://www.abbvie.com/join-us/equal-employment-opportunity-employer.html
US & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more:
https://www.abbvie.com/join-us/reasonable-accommodations.html