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Associate Director, Price Forecasting

AbbVie

Mettawa (IL)

On-site

USD 137,000 - 261,000

Full time

14 days ago

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Job summary

A leading pharmaceutical company is seeking an Associate Director for Price Forecasting. This role involves financial leadership in forecasting and rebates for a key product, HUMIRA, requiring advanced analytical skills and substantial experience in finance. The ideal candidate will thrive in a dynamic, collaborative environment and have a proven track record in financial analysis and reporting.

Benefits

Comprehensive benefits package
Paid time off
401(k) participation
Participation in incentive programs

Qualifications

  • 7+ years of progressive Accounting/Finance experience.
  • Ability to interact with senior management effectively.
  • Strong organizational and analytical skills.

Responsibilities

  • Lead planning and reporting for HUMIRA rebates/discounts.
  • Provide ad hoc financial analysis as needed.
  • Manage one direct report, providing performance feedback.

Skills

Analytical skills
Problem solving
Organizational skills
Interpersonal skills
Communication skills
Excel
PowerPoint

Education

BA/BS in Finance or Accounting
MBA/CPA preferred

Job description

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This range is provided by AbbVie. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$137,500.00/yr - $261,000.00/yr

Company Description

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 – immunology, oncology, neuroscience, and eye care – and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on X, Facebook, Instagram, YouTube, LinkedIn and Tik Tok.

Job Description

Primary Job Function:

Position is the primary contact for brand and finance teams for HUMIRA Gross-to-Net sales planning and reporting. Estimate rebates/discounts for HUMIRA. Provide ad hoc financial analysis as needed. Prepare all required schedules for Plan/LBE/LRP.

Core Job Responsibilities:

Responsibilities will include, but are not limited to:

  • Lead all aspects for planning and reporting for HUMIRA rebates/discounts for Plan, LBE and LRP.
  • Update all monthly and Plan/LRP schedules.
  • Assist with routine LBE submissions.
  • Take the lead in forecasting all product rebate/discount rate and utilization for all payer channels.
  • Understand and discuss all price related variances on a monthly and plan cycle basis.
  • Attend routine planning meetings and Plan/LBE/LRP meetings with the brand team. Primary contact for brand team for any pricing related questions.
  • Work with forecasting and commercial finance to present a consolidated net sales message.
  • Additional ad-hoc project work and analysis.

Supervisory/Management Responsibilities:

  • Manage one direct report.
  • Provide regular performance feedback, development planning, and coaching
  • Monitor project progress, facilitate prioritization of team’s activities, manage workload, and ensure appropriate resource allocation to meet critical deadlines

Position Accountability/Scope:

The incumbent is responsible for providing financial leadership to the brand team in development of the Plans, LRPs and LBEs. This position reports to the Director, U.S. Therapeutics Price Forecasting. The incumbent is expected to operate independently to accomplish the goals and responsibilities of the position; however constant alignment with the Director is critical due to the nature of the role. In addition, the Associate Director has a high degree of freedom to independently set priorities so that both planned and unplanned departmental objectives are achieved. This position supports and communicates with all levels of operating and financial management on an on-going basis.

Qualifications

Skills/Experience Requirements:

Basic Qualifications:

7+ years of progressive Accounting/Finance.

The candidate must also possess the following skill sets:

  • The ability to interact with and support senior level management and to partner effectively and independently in a matrix organization.
  • Strong organizational, analytical, problem solving, planning and decision making skills.
  • Extensive interpersonal skills and excellent verbal and written communication skills including a high energy level.
  • Strong Excel and PowerPoint technical and content strategy skills.
  • The ability to manage and coordinate multiple activities and shifting priorities under tight timeframes.
  • A highly motivated self-starter who can translate broad directions into high quality analytical output.
  • Open to new ideas, creative and utilizes value-added principles in approach.

Preferred Qualifications:

Prefer experience in pricing, forecasting, or FP&A

Education Requirements:

BA/BS in Finance or Accounting. MBA/CPA preferred.

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 short-term incentive programs.
  • 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

Seniority level
  • Seniority level
    Mid-Senior level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Legal, Management, and Other
  • Industries
    Pharmaceutical Manufacturing and Biotechnology Research

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