Assistant Controller

BioSpace; North Chicago (IL); On-site; USD 140,000 - 190,000; Full time

Benefits offered by this job

Long-term incentive programs

Comprehensive benefits

Job summary

AbbVie in North Chicago, IL seeks an Assistant Controller to lead financial activities for the AP16 manufacturing plant, delivering timely insights and ensuring compliance with CFMs and GAAP.

You will drive annual planning, budgeting, and LRPs, supervise a small team, and partner with site leadership to optimize gross margins and cost.

Qualifications

• Bachelor's degree in accounting; CPA/MBA preferred.
• 7+ years of finance experience; cost accounting a plus.
• Strong leadership and communication skills.
• Proficient with Excel, SAP, BI tools.

Responsibilities

• Direct and control financial, cost accounting and compliance activities for AbbVie's manufacturing plant.
• Lead financial planning, budgets, LRPs and LBE.
• Prepare monthly reports, balance sheet reconciliations, and year-end packages.
• Drive cost-reduction initiatives and continuous improvement.
• Supervise 3 direct reports.

Skills

Analytical thinking

Leadership

Communication

Strategic thinking

Problem solving

Multi-priority management

Business partnering

Education

Bachelor's Degree in Accounting

CPA or MBA preferred

Tools

Excel

SAP

Power BI

Power Query

BPC

Job description

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 Assistant Controller will direct, plan and control the Financial, Cost Accounting and Compliance activities for AbbVie's manufacturing plant (AP16). Provides financial leadership, business expertise, guidance, and support to the AP16 Site Director and functional leaders and assist in decision-making process by providing reliable, timely and accurate financial information. Responsible for driving the completion of the annual plan, update, long-range plans, and latest-best-estimates for the site. Delivers timely and accurate requirements, presentations, and financial results. Summarize key financial highlights and metrics for the Management team to bring insights and analysis into meeting financial and operational objectives. The position is expected to seek out cost opportunities and assist in managing the organization in achieving optimal financial performance. This position must ensure the site financial activities are conducted in compliance with CFMs, GAAP policies and regulations.

Responsibilities

• Planning and Reporting: Direct and manage all the financial activities associated with AbbVie's manufacturing plant (AP16). Key functions include standard cost development, manufacturing variance analysis, budget development, inventory reconciliations, forecasting and projections, internal controls, sales, and billing, etc.
• Reporting/Control: Coordinate the timely and accurate preparation of AP16’s monthly reports, quarterly schedules, Balance Sheet reconciliations and year-end financial information packages. Ascertain and assure adherence to the corporate and division due dates.
• Planning Cycles: Coordinate, prepare and submit Plan, Update, Long Range Plan (LRP) and Last Best Estimate (LBE) packages and their related supporting documentation.
• Financial Analysis: Provide sound financial analysis and scenario planning for functional decision support. Responsible for monitoring and identifying opportunities or initiatives to optimize Gross Margins. Prepares and presents relevant recommendations to all levels of management to improve profitability and optimize the operational business model.
• Internal Controls: Ensure adequate financial systems and controls are established and maintained in line with AbbVie Corporate Financial Manual (CFM) and Generally Accepted Accounting Principles. Ensure compliance of internal and external audit requirements and consistent recording and reporting of fiscal transactions. Maintain the integrity and control of general ledger accounts through review and analysis.
• Business Partnering: Take the initiative to identify a broad range of business issues and provide leadership in the decision-making process. Integrate the finance function with business activities to provide value to the customer. Actively participate in managing the business and in establishing its strategic direction. Advise Management on financial and non‑financial activities that impact, complement, or improve Business performance. Identify and lead Cost Reductions initiatives.
• Provide analyses for ad hoc or other business presentations that lend insight into key business drivers enabling operating management to adapt more appropriate tactics/strategy to meet the LBE / Plan / LRP objectives.
• Supervise, coach, and develop a team of 3 direct reports.
• Regional responsibility: Lead Packaging Region sites cost accounting and reporting continuous improvement, simplification and standardization of processes across network. Create an environment of Continuous Improvement and Innovation.

Qualifications

• Bachelor's Degree in Accounting CPA/MBA preferred
• 7 plus years of relevant finance experience. Cost accounting experience preferred. 3 plus years supervisory experience.
• Excellent problem solving and decision‑making abilities (broad implications). Excellent analytical skills and independent judgment.
• Excellent leadership skills. Open and trustful communication skills with all levels of the organization. Comfortable presenting to large audiences and all levels of management.
• Strategic & critical thinking (instrument of change and challenge of conventional thinking) Excellent analytical/statistical skills (able to interpret & provide a broader context to converging information)
• Ability to manage multiple priorities in a constantly changing and challenging environment. Ability to work under pressure and adapt to changes.
• Broad business perspective (able to provide advice and alternatives in financial & non financial matters)
• Passionate for innovation change agent
• Customer service oriented
• Excellent working knowledge of Microsoft Excel, SAP, Power Query, Power BI, BPC, other analytical tools.

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 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 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 and until 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