Finance Analyst – Margin & Costing (SAP)

AbbVie Inc.; North Chicago (IL); On-site; USD 66,000 - 126,000; Full time

Benefits offered by this job

Paid time off

Medical/dental/vision insurance

401(k)

Job summary

AbbVie seeks a Finance professional in the United States to ensure accurate worldwide inventory costs and related expenses. You will perform costing analyses, monitor SAP margin-posting automation, and coordinate deferred margin program changes with BTS.

Collaboration with cross-functional teams is essential to ensure complete, accurate, and timely results. The role requires 2+ years of progressive finance experience, strong Excel skills, and preferably cost accounting in manufacturing or supply

Qualifications

• Bachelor’s degree in Finance or Accounting preferred.
• Proficient Excel skills required; SAP experience preferred.
• Cost accounting experience in manufacturing desirable; supply chain finance experience.
• Strong analytical, communication, problem solving, and interpersonal skills.
• Minimum 2+ years of progressive and related experience.

Responsibilities

• Ensure accuracy of worldwide consolidated inventory costs and inventory-related expenses.
• Perform costing analyses and identify key drivers of variances.
• Monitor RPA used for SAP margin-posting programs and verify margin entries.
• Perform monthly analyses and reconciliations across margin reports to validate automated margin calculations.
• Coordinate changes to the deferred margin program with BTS, including testing reports and interfaces.
• Partner with cross-functional teams on processes and financial reporting to support timely results.
• Work with affiliates to resolve product- and SKU-level margin issues and proper setup.
• Prepare month-end margin journal entries and sweep PPV/SRV amounts to the Delta Profit pool.
• Resolve margin and costing inquiries from affiliates.
• Investigate variances in monthly book-to-perpetual analysis by product for Intercompany Margin.
• Support the annual planning process.
• Perform ad hoc analyses and support projects and process improvements.

Skills

Excel

SAP

Cost accounting

Analytical skills

Education

Bachelor’s degree in Finance or Accounting

Tools

SAP

Job description

• Compensation: USD 65,500 - USD 125,500 - yearly

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

Key Responsibilities Include:

• Help ensure the accuracy of worldwide consolidated inventory costs and inventory-related expenses.
• Perform costing analyses and identify key drivers of variances.
• Monitor robotic process automation (RPA) used for SAP margin-posting programs and verify the accuracy of margin billed and margin relief journal entries.
• Perform monthly analyses and reconciliations across margin reports to validate automated margin calculations.
• Based on reconciliation results, coordinate required changes to the deferred margin program with Business Technology Solutions (BTS), including testing reports and interfaces.
• Partner with cross-functional teams on processes and financial reporting to support complete, accurate, and timely results; understand monthly results and communicate issues to supported businesses.
• Work closely with affiliates and colleagues to resolve product- and SKU-level margin issues and help ensure that all product components are properly set up.
• Prepare month-end margin journal entries, including sweeping purchase price variance (PPV) and standard revaluation (SRV) amounts to the Intercompany Margin "Delta Profit" pool.
• Resolve margin and costing inquiries from affiliates in a timely and accurate manner.
• Collaborate with the team to investigate and resolve variances identified in the monthly book-to-perpetual analysis by product for Intercompany Margin "Delta Profit."
• Support the annual planning process.
• Perform ad hoc analyses and support projects and process improvements as needed.

Qualifications

Basic:

• Bachelor’s degree in Finance or Accounting preferred
• Proficient Excel Skills required, experience with SAP preferred
• Cost Accounting experience in manufacturing highly desirable along with experience in supply chain finance operations.
• Strong analytical, communication, problem solving, and interpersonal skills
• Minimum 2+ years of progressive and related experience.

Additional Information

Applicable only to applicants applying to a position in any location with pay disclosure requirements under state orlocal law:

• The compensation range described below is the range of possible base pay compensation that the Companybelieves ingood faith it will pay for this role at thetimeofthis posting based on the job grade for this position.Individualcompensation paid within this range will depend on many factors including geographiclocation,andwemayultimatelypaymore or less than the posted range. This range may bemodifiedin thefuture.
• We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick),medical/dental/visioninsurance and 401(k) to eligibleemployees.
• This job is eligible toparticipatein our short-term incentiveprograms.

Note: No amount of payis considered to bewages or compensation until such amount is earned, vested, anddeterminable.Theamountandavailabilityof anybonus,commission, incentive, benefits, or any other form ofcompensation and benefitsthat are allocable to a particular employeeremainsin the Company'ssoleandabsolutediscretion unless and until paid andmay bemodifiedat the Company’s sole and absolute discretion, consistent withapplicable 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.

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