Financial Analyst – Pricing GTN

Allergan

Mettawa (IL)

On-site

USD 75,000 - 110,000

Full time

4 days ago
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Job summary

AbbVie in the United States is seeking a Financial Analyst for the GTN Team to support gross-to-net reporting, rebates, and contra AR. You will collaborate with CoPay CoE, Price Forecasting, Pricing CoE, and Systems teams to ensure accurate GTN forecasts and reconciliations under US GAAP.

Responsibilities include monthly/quarterly journal entries, balance sheet reconciliations, and strong documentation for SOX controls.

Qualifications

  • Bachelor's degree in Finance, Accounting, or Business Administration.
  • 2+ years of relevant experience in Finance or Accounting.
  • Strong analytical, technical, and problem-solving skills with good interpersonal abilities.
  • Excellent Excel and PowerPoint skills; Blackline and Kernel experience desired.

Responsibilities

  • Prepare and review monthly/quarterly GTN accounting entries and related journal entry support.
  • Reconcile balance sheet accounts for coupons and contra receivables; investigate variances.
  • Analyze GTN drivers and trends; provide commentary on key movements.
  • Lead the reasonableness process and standardize reporting across GTN channels.
  • Prepare GTN balance sheet forecasts (LBE, Plan, LRP).
  • Prepare documentation for SOX controls.
  • Ensure GTN processes and methodologies are auditable and compliant with AbbVie policies.
  • Support internal/external audits with analyses and documentation.
  • Collaborate with CoPay CoE, Price Forecasting, Pricing CoE, and Systems teams.
  • Support discussions on coupons across products.
  • Maintain PO tracking and assist procurement with CoPay COE.
  • Identify opportunities to streamline GTN accounting and reporting.

Skills

Excel
PowerPoint
Analytical skills
Interpersonal skills

Education

Bachelor's degree

Tools

Blackline
Kernel

Job description

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

The Gross to Net Team, part of the US Therapeutics Pricing organization manages sales reporting of ~$70 billion rebates/discounts and ~$44 billion annual net sales. Quarterly reserve reconciliation of ~$16 billion in rebates and contra-receivable balances. Responsible for related systems/systems issues surrounding sales reporting and reserve reconciliation and analysis.

The Financial Analyst is responsible for supporting accurate recording, analysis, reporting and strong control and compliance processes for GTN Contra AR & Copay. This role partners closely with Commercial CoPay CoE, Price Forecasting, Pricing CoE, and Systems teams to ensure GTN estimates are properly forecasted, documented, and reconciled in accordance with AbbVie policies, US GAAP, and internal control requirements.

Responsibilities will include, but are not limited to:

  • Prepare and review monthly/quarterly GTN accounting entries (accruals, true-ups, reclasses) and related journal entry support.
  • Reconcile balance sheet accounts for coupons and contra receivables, investigate variances, and ensure timely resolution.
  • Analyze GTN drivers and trends and provide commentary on key movements.
  • Lead the reasonableness process and create consistent reporting across the other GTN channels for Base/Pipeline.
  • Prepare coupon and contra receivable balance sheet account forecasts LBE, Plan, and LRP.
  • Prepare documentation for SOX controls.
  • Ensure GTN processes, assumptions, and methodologies are documented, auditable, and in line with AbbVie accounting policies.
  • Support internal and external audit requests by preparing analyses, explanations, and documentation for GTN accounts.
  • Partner with CoPay CoE, Price Forecasting, Pricing CoE, and Systems teams to ensure end-to-end GTN integrity.
  • Support the one-pager discussion related to coupons across all products.
  • Maintain PO tracking and support the procurement process with the CoPay COE.
  • Identify opportunities to streamline and automate GTN accounting and reporting processes.
Qualifications
  • Bachelor's degree in Finance, Accounting, or Business Administration required.
  • 2+ years of relevant experience in Finance or Accounting.
  • Must have strong analytical, technical, and problem-solving skills, along with good interpersonal skills to effectively work with all levels of management.
  • Strong Excel and PowerPoint technical and content skills. Blackline and Kernel systems experience desired.
  • Strong analytical, problem-solving, and critical-thinking skills with high attention to detail and accuracy.
  • Effective communication skills, with the ability to summarize complex topics for varied audiences.
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
  • Ownership mindset, with a focus on end-to-end process accountability and continuous improvement.
  • Collaborative, team-oriented working style.
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.

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

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