Global Procurement Finance Associate Director, Savings & WAPT

AbbVie; North Chicago (IL); On-site; USD 180,000 - 270,000; Full time

Job summary

AbbVie in North Chicago, IL seeks an Associate Director, Procurement Finance to lead global spend performance for roughly $16B and oversee the Weighted Average Payment Terms program. You will partner with Procurement and Finance leaders to forecast savings, provide executive reporting, and drive working capital improvements.

You will manage a small team, influence stakeholders, and drive process improvements across a global finance organization.

Qualifications

• Bachelor’s degree in Finance or Accounting preferred.
• 10+ years of progressive experience in finance, FP&A, supply chain finance, or related discipline.
• Experience leading cross-functional initiatives and influencing stakeholders without direct authority.
• Experience managing, validating, or reporting procurement savings and/or working-capital initiatives.
• People leadership experience.

Responsibilities

• Lead monthly, quarterly, and annual Plan, Long Range Plan (LRP) and Latest Best Estimates (LBEs) activities related to procurement spend, savings, and WAPT.
• Establish and monitor WAPT targets, performance metrics, and action plans.
• Provide variance analysis and executive-ready reporting to promote accuracy and transparency.
• Serve as strategic business partner to Procurement and business Finance, ensuring alignment on targets, risks, and opportunities.
• Establish, maintain, and communicate savings methodologies, governance, and reporting standards.
• Coordinate and validate Procurement savings initiatives, including baseline assumptions, timing, implementation status, and realized financial impact.
• Lead, develop, and coach a team of two employees, ensuring high quality and timely deliverables.
• Support strategic projects, management reporting enhancements, process optimization, and optimization initiatives.
• Perform ad hoc analysis and provide recommendations to support informed business decisions.

Skills

Financial analysis

Forecasting

Problem-solving

Business partnering

Cross-functional leadership

Stakeholder management

Communication

Education

Bachelor’s degree in Finance or Accounting

Tools

Power BI

Tableau

Microsoft Excel

PowerPoint

ERP systems

Job description

AbbVie in North Chicago, IL seeks an Associate Director, Procurement Finance to lead global spend performance for roughly $16B and oversee the Weighted Average Payment Terms program. You will partner with Procurement and Finance leaders to forecast savings, provide executive reporting, and drive working capital improvements.

You will manage a small team, influence stakeholders, and drive process improvements across a global finance organization.