Financial Analyst – Pricing GTN

ABBVIE

Mettawa (IL)

On-site

USD 66,000 - 126,000

Full time

3 days ago
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Job summary

AbbVie is seeking a Financial Analyst to join the Gross to Net (GTN) team in the US Therapeutics Pricing organization. This role supports accurate recording, analysis, reporting, and strong control processes for GTN Contra AR and Copay, partnering with CoPay CoE, Price Forecasting, Pricing CoE, and Systems teams to ensure proper forecasting and reconciliation in line with US GAAP and internal controls.

Responsibilities include preparing journal entries, reconciling receivables, analyzing GTN

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 skills to effectively work with all levels of management.
  • Strong Excel and PowerPoint technical and content skills; Blackline and Kernel systems experience desired.
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
  • Ownership mindset and collaborative, team-oriented working style.

Responsibilities

  • 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 GTN channels for Base/Pipeline.
  • Prepare coupon and contra receivable balance sheet forecasts (LBE, Plan, LRP).
  • Prepare documentation for SOX controls.
  • Ensure GTN processes and methodologies are auditable and aligned with AbbVie policies.
  • Support internal and external audit requests with analyses and documentation for GTN accounts.
  • Partner with CoPay CoE, Price Forecasting, Pricing CoE, and Systems teams for end-to-end GTN integrity.
  • Support one-pager discussions related to coupons across all products.
  • Maintain PO tracking and support procurement with CoPay COE.
  • Identify opportunities to streamline and automate GTN accounting and reporting.

Skills

Analytical skills
Problem-solving
Interpersonal skills
Communication skills
Attention to detail

Education

Bachelor’s degree in Finance, Accounting, or Business Administration

Tools

Blackline
Kernel
Excel
PowerPoint

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

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.


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