Finance Director, Brand Management and Inventory Governance

AbbVie; North Chicago (IL); On-site; USD 161,000 - 305,000; Full time

Job summary

AbbVie Inc. in North Chicago, IL, seeks a Finance Director for Brand Management and Inventory Governance to lead global inventory planning, governance, and financial controls across the brand and supply chain.

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field required.
• Minimum of 10+ years of progressive Finance leadership experience, including supply chain, operations, manufacturing, or related functions.
• Broad Finance leadership experience across Supply Chain/Operations Finance, FP&A, Manufacturing Finance, Commercial/Brand Finance or Accounting.
• Strong planning and forecasting experience (Plan, LBE/Update, LRP, scenario analysis).
• Strong understanding of inventory, balance-sheet management, financial controls and risk management.

Responsibilities

• Lead global inventory financial planning across Plan, LBE and LRP, translating demand, supply and production assumptions into financial inventory projections.
• Partner with Operations and Supply Chain Brand Teams to challenge inventory assumptions and assess financial implications of demand changes and product launches.
• Provide senior management with clear insights on inventory performance, outlook, key drivers, risks and opportunities.
• Oversee global inventory reporting, balance-sheet integrity, valuation and key inventory financial processes.
• Lead Finance oversight of inventory exposures, including reserves, distressed inventory, inventory at risk and unapproved/pre-launch inventory.
• Ensure significant inventory risks are identified and reflected in financial plans and management reporting.
• Lead global inventory governance, including inventory policies and audit requirements.
• Drive sustainable inventory processes and provide leadership on inventory accounting, governance and control matters.
• Drive simplification, automation and modernization of inventory Finance processes, analytics and reporting (Power BI and related data solutions).

Skills

Financial leadership

Cross-functional collaboration

Forecasting & planning

Strategic problem solving

Education

Bachelor’s degree in Finance, Accounting, or related field

Tools

Power BI

SAP

Job description

Finance Director, Brand Management and Inventory Governance

• Full-time
• Salary Min: 160500
• Salary Max: 305000
• Workday Global Grade: 21
• Compensation: USD 160,500 - USD 305,000 - yearly

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.

The Finance Director, Brand Management & Inventory Governance provides global Finance leadership across inventory planning and analytics, Brand and Supply Chain Finance partnership, inventory governance and controls, U.S. Distribution Finance, inventory risk management, and inventory-related process transformation.

The role is responsible for strong financial stewardship of AbbVie’s global inventory, ensuring inventory plans, reporting, valuation, reserves, controls, and financial processes appropriately reflect business and supply assumptions. The position partners extensively across Supply Chain, Manufacturing, Commercial, Accounting, and HQ Finance to identify inventory risks and opportunities and provide senior management with clear, actionable insights supporting business and supply decisions.

RESPONSIBILITIES:

Global Inventory Planning & Business Partnership

• Lead global inventory financial planning across Plan, LBE and LRP, translating demand, supply and production assumptions into financial inventory projections.
• Partner with Operations and Supply Chain Brand Teams to challenge inventory assumptions and assess the financial implications of demand changes, supply strategies, product launches and other business decisions.
• Provide senior management with clear insights on inventory performance, outlook, key drivers, risks and opportunities.
• Provide oversight of global inventory reporting, balance-sheet integrity, valuation and key inventory financial processes.
• Lead Finance oversight of inventory exposures, including reserves, distressed inventory, inventory at risk and unapproved/pre-launch inventory.
• Ensure significant inventory risks are identified, understood and appropriately reflected in financial plans and management reporting.

Inventory Governance & Controls

• Lead global inventory governance, including inventory policies and audit requirements.
• Drive consistent and sustainable inventory processes and provide Finance leadership on significant inventory accounting, governance and control matters.

U.S. Distribution, Costing & Inventory Valuation

• Provide Finance oversight of U.S. Distribution inventory activities, including financial reporting, inventory accounting, reserves, controls and financial exposure.
• Oversee key inventory valuation, product-costing and financial master-data considerations affecting inventory reporting and planning.

Transformation & Organizational Leadership

• Drive simplification, automation and modernization of inventory Finance processes, analytics and reporting, including Power BI and related Finance data solutions.
• Lead and develop the Inventory Finance organization across Inventory Analytics & Reporting, Inventory Governance & Controls, U.S. Distribution Finance and related activities.

Represent Supply Chain Finance in senior-level and cross-functional discussions involving inventory strategy, planning, financial risk, governance, and transformation.

• Bachelor’s degree in Finance, Accounting, or a related field required;
• Minimum of 10 years of progressive Finance leadership experience, including responsibility for supply chain, operations, manufacturing, commercial finance, FP&A, accounting, or related functions.
• Broad Finance leadership experience, ideally across Supply Chain/Operations Finance, FP&A, Manufacturing Finance, Commercial/Brand Finance or Accounting.
• Strong planning and forecasting experience, including Plan, LBE/Update, LRP and scenario analysis.
• Strong understanding of inventory, balance-sheet management, financial controls and financial-risk management.
• Ability to understand and challenge demand, supply and inventory assumptions and translate them into financial implications.
• Strong cross-functional business partnering and ability to influence senior stakeholders.
• Proven ability to communicate complex financial and operational topics clearly and concisely to senior management.
• Demonstrated experience leading and developing Finance professionals and leaders.
• Inventory forecasting, reserves/E&O, costing, SAP, Power BI and Finance-transformation experience preferred.

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 Companybelieves ingood faith it will pay for this role at the timeof this posting based on the job grade for this position.Individualcompensation paid within this range will depend on many factors including geographic location, 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 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 employer 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.