Associate Director, R&D Finance Development Sciences

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

Benefits offered by this job

Medical/Dental/Vision insurance

401(k) plan

Paid time off

Job summary

AbbVie in North Chicago, IL, seeks an Associate Director in Development Sciences Finance to lead budgeting, forecasting, and strategic analyses across internal and external spend. You will drive capital projects and partner with senior R&D leaders.

Role covers planning, long-range budgeting, and cost optimization for a large, multi-site operation, with focus on cross-functional collaboration and decision support.

Qualifications

• BA in Accounting or Finance; CPA or MBA a plus.
• 8+ years of progressive Accounting or Finance experience.
• Strong financial, analytical, and problem-solving skills.
• Strong communication skills and ability to influence without direct authority.
• Strong project management skills with leadership in planning and execution.
• Self-starter, independent, and adaptable to priorities.
• Ability to work in a matrix organization and partner with business and finance.
• Advanced Excel and PowerPoint skills; SAP and BPC experience.

Responsibilities

• Liaise with Therapeutics Area Finance to assess financial impact on Development Science.
• Drive analyses for initiatives to inform LRP objectives for Internals/Externals.
• Support integration of newly acquired companies/assets into R&D portfolio.
• Ensure alignment on financial assumptions for PDS&T R&D funding (Plan/LRP/LBEs).
• Identify capacity constraints and forecast budget overruns with CMOs/externals.
• Optimize resource models with R&D Strategic Resourcing and Dev Sci.
• Lead capital project approvals, tracking, and financial implementation.
• Assist finance for key projects to ensure proper requirements and efficiencies.
• Coordinate across senior management to improve decision making and forecasts.

Skills

Financial analysis

Budgeting

Forecasting

Communication

Project management

Excel

PowerPoint

Influence without authority

Education

BA in Accounting or Finance

CPA or MBA (a plus)

Tools

SAP

BPC

Job 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.

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
Primary Function / Primary Goals / Objectives:
This role will support the Development Sciences Organization in R&D which consists of both of Internal and External budgetary responsibility across six functions. The Associate Director will enable strategic planning and execution of both current and long-term Development Sciences goals. This position is responsible for financial planning and analysis related to Plan, Update, LBE and LRP as well as support of strategic initiatives. The Development Sciences annual budget averages $1.4B - $1.5B, approximately 2,800 resources across seven sites, four pilot plants, six vivariums and capital responsibility between $40MM-$60MM annually. Major Responsibilities:

• Liaison with Therapeutics Area Finance to understand financial impacts to Development Science due to related governance funding decisions (for example, EPG, LMG, and PRF). Review all funding requests prior to submission for CMC and CDSM activities (enrollment curves, generic opportunities).
• Drives financial analyses for various business initiatives across CDSM and CMC organizations that lend insight into key business drivers enabling management to adapt more appropriate tactics/strategies to meet the LRP objectives for Internals and Externals.
• Working across BD and Integration Teams, drive integration activities and/or of newly acquired companies/assets into the R&D portfolio impacting internal and external spending
• Ensures cross-functional alignment on financial assumptions related to PDS&T R&D funding for Plan, LRP, and LBEs
• Drive initiatives to identify capacity constraints across suite space, internal resources, and technology capabilities, while improving visibility and forecasting of potential budget overruns associated with CMOs and external services
• Working closely with R&D Strategic Resourcing and Dev Sci Functions to optimize resource models and impact to future demand/capacity related to 2,800 resources
• Responsible for driving capital project approval, tracking, and financial implementation of major pilot plant upgrades and expansions.
• Assists with all financial aspects of key functional projects and systems initiatives to ensure finance requirements are implemented appropriately and process efficiencies are realized
• This position will require a large amount of interface across senior management within R&D Finance and multiple functions within R&D to optimize decision making, meet financial commitments, ensure forecasts are appropriately built.

Qualifications

• BA in Accounting or Finance. CPA or MBA a plus.
• 8+ years of progressive Accounting or Finance experience.
• Strong financial, analytical, and problem-solving skills.
• Strong communication skills (oral and written) and ability to influence without direct authority.
• Strong project management skills, which includes leadership in organizing, planning, and executing projects from inception to implementation.
• Self-starter with ability to operate independently, identify and implement process improvements, and adjust priorities to achieve objectives and operate with speed and agility.
• Ability to work in a matrix organization, build strong partnerships, influence work partners – both business and finance.
• Strong Excel and PowerPoint skills.
• Knowledge of SAP and BPC.
• Experience leading and/or influencing a diverse team.

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