Finance Manager, Procurement

AbbVie; Illinois; On-site; USD 110,000 - 150,000; Full time

Job summary

AbbVie is seeking a Finance Manager, Procurement, to lead the planning and analysis for Procurement R&D and Operations. You will partner with procurement and business leaders to develop budgets, forecasts, and scenarios, and provide meaningful variance analyses to senior leaders.

The role requires strong GAAP knowledge, Excel proficiency, and experience delivering dashboards and finance optimizations. A CPA or MBA is preferred, with 7+ years of related experience.

Qualifications

• Bachelor’s degree in finance or accounting required; CPA or MBA preferred.
• Minimum 7+ years progressive experience in finance or procurement.
• Strong financial, analytical, and problem-solving skills.
• Proficient in GAAP and financial systems.

Responsibilities

• Lead annual, long-range, and latest business estimate planning processes.
• Develop budgets, forecasts, and scenarios with procurement leaders.
• Provide variance analyses and monthly management reports.
• Support monthly close and financial reporting to procurement leadership.
• Lead projects like Power BI dashboards, automation, and AI initiatives.
• Perform ad hoc financial analyses.

Skills

Financial analysis

Communication skills

Problem-solving

Excel proficiency

Independence / self-start

Education

Bachelor's degree in finance or accounting

CPA or MBA preferred

Tools

SAP

BPC

Power Query

Power BI

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.

The Finance Manager, Procurement, oversees the financial planning and analysis processes and requirements across Procurement R&D and Procurement Operations. Provides financial guidance in compliance with financial policies, prepares management analysis of actual vs. benchmark results, and business decision support. The Finance Manager interacts with all levels of Finance and Procurement and leads key projects and initiatives to improve financial processes.

Key Responsibilities Include:

• Lead and coordinate all aspects of the annual Plan, Long-Range Plan, and Latest Business Estimate processes, including P&L, headcount, balance sheet, and relevant Procurement financial metrics.
• Maintain planning-system information accurately and timely, ensuring alignment with approved assumptions, business requirements, and financial policies.
• Partner effectively with Procurement and business leaders to develop budgets, forecasts, financial scenarios, and recommendations that support business objectives and operate within approved budget parameters.
• Provide meaningful variance analysis for each planning cycle and monthly reporting period, including explanations of key drivers, risks, opportunities, and recommended actions.
• Support the Accounting Shared Services monthly close process to ensure complete, accurate, and timely monthly results, including P&L, headcount, balance sheet, accruals, and other relevant financial information.
• Prepare, communicate, and present meaningful monthly management reporting packages and dashboards to Procurement leadership.
• Collaborate with Finance, Procurement, Accounting, and other stakeholders to provide business support and financial scenarios that enable informed decision-making.
• Perform financial reviews and approvals of purchase order requests, invoices, supplier commitments, and other transactions in accordance with applicable policies, controls, and approval requirements.
• Identify and implement opportunities to improve financial processes, reporting, controls, data quality, and operational efficiency.
• Lead or support key projects and initiatives, including management reporting optimization, Power BI dashboard implementation, automation, and AI initiatives.
• Perform ad hoc financial analysis and other duties as required.

• Bachelor’s degree in finance or accounting. CPA or MBA preferred.
• Minimum 7+ years of progressive and related experience
• Strong financial, analytical and problem-solving skills
• Self-starter with ability to operate independently, drive processes, identify and implement process improvements, establish and adjust priorities to achieve objectives and operate with speed and agility
• Strong communication skills (verbal and written), with all levels of management and including the ability to listen well and to influence others that do not report directly
• Demonstrated ability to translate complex financial data into clear insights and recommendations for senior leaders.
• Proficient Excel skills.
• Thorough knowledge of US Generally Accepted Accounting Principles (GAAP)
• Knowledge of SAP, BPC, Power Query, Power BI

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 the timeof thisposting 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 eligibleemployees.

• This job is eligible toparticipatein our long-term incentiveprograms.

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.

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

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