Manager, Price Forecasting

PowerToFly; Illinois; On-site; USD 110,000 - 170,000; Full time

Benefits offered by this job

Medical/Dental/Vision insurance

401(k) plan

Job summary

AbbVie is seeking a Finance Manager, Price Forecasting to support Gross-to-Net planning for Neuroscience medicines. You will drive rebates/discount forecasts, partner with Market Access, Copay, and GTN Accounting, and deliver concise insights for Senior Leadership. Strong modeling, Excel and PowerPoint skills are essential.

Role reports to the Director, NEC Price Forecasting and requires independent prioritization within a matrix organization. MBA/CPA preferred, 6–8 years’ experience.

Qualifications

• 6–8 years of progressive Accounting/Finance experience.
• BA/BS in Finance or Accounting required; MBA/CPA preferred.
• Experience in Pricing, Volume Forecasting, or FP&A is advantageous.
• Strong Excel and PowerPoint technical skills and content strategy.

Responsibilities

• Lead pricing forecast planning and reporting for rebates and discounts for Plan, LBE and LRP.
• Collaborate with Marketing, Finance, MABI, and Market Access on deliverables.
• Support executive reviews with clear and concise financial analysis.
• Analyze price variances monthly and during planning cycles.
• Partner on deal impact analysis, forecasting rates, and rate changes.
• Coordinate with GTN Accounting on reserves, returns, and forecasts.

Skills

Financial forecasting

Financial modeling

Excel

PowerPoint

Analytical thinking

Communication

Education

BA/BS in Finance or Accounting

MBA

CPA (preferred)

Tools

Excel

PowerPoint

BPC (a plus)

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 atwww.abbvie.com. Follow @abbvie onLinkedIn,Facebook,Instagram,XandYouTube.

Job Description

The Finance Manager, Price Forecasting is responsible for supporting the brand strategies through Gross-to-Net sales planning and reporting for Medication in Neuroscience. This includes providing financial pricing leadership to the brand team in development of the Plans, LRPs and LBEs and will collaborate with Marketing, Finance, MABI, and Market Access, to prepare concise and accurate deliverables, along with decision-support for Senior Leadership. This position reports directly to the Director, NEC Price Forecasting and is an individual contributor position and requires a high level of individual accountability and is expected to operate independently to accomplish the goals and responsibilities of the position; however constant alignment is critical due to the nature of the role.In addition, the Manager has a high degree of freedom to independently set priorities so that both planned and unplanned departmental objectives are achieved. Compensation and responsibilities will be tailored based on the selected candidate's skills, experience, and qualifications.

Responsibilities

• Lead all aspects for planning and reporting for franchise’s rebates/discounts for Plan, LBE and LRP as it relates to Medication.
• Work closely with business partners to accurately forecast discounts/rebates, including incorporating market dynamics such as historical trends and changes in market access.
• Ensure financial planning deliverables are accurate, clear and concise for Executive level review and approval.
• Understand and discuss all price related variances on a monthly and plan cycle basis.
• Partner with Market Access on deal impact analysis, forecasting rates, and tracking contractual rate changes.
• Partner with Copay team on rebate forecast and balance sheet requirements.
• Partner with GTN Accounting on monthly balance sheet reserves reconciliation, returns and pipeline forecast.
• Collaborate with Sales Forecasting and BU Finance to present a wholistic and aligned net sales story.
• Support analysis and requests related to Most Favored Nation, the Inflation Reduction Act, and other legislative changes, as needed.
• Complete additional ad-hoc project work and analysis, as needed.

Qualifications

• 6-8 years of progressive Accounting/Finance experience required.
• BA/BS in Finance or Accounting Required. MBA and/or CPA preferred.
• Preferred experience in Pricing, Volume Forecasting, or FP&A.
• Strong Excel and PowerPoint technical and content strategy skills. BPC knowledge is a plus.
• The ability to interact with and support senior level management and to collaborate effectively and independently in a matrix organization.
• Strong organizational, analytical, problem solving, planning and decision-making skills.
• Extensive interpersonal skills and excellent verbal and written communication skills.
• The ability to manage and coordinate multiple activities and shift priorities under tight timeframes and maintain poise under pressure.
• A highly motivated self-starter who can translate broad directions into high quality analytical output.

Additional Information

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 Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more or less than the posted range. This range may be modified in the future.
• We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance 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.

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

What AbbVie Has to Offer

Our work can and does have a tangible, lasting impact on millions of people. But it's not just the results that matter. How we achieve them matters, too. Leading with purpose, we work to build a more sustainable future for generations to come. We do that by putting our expertise, resources and talent to work to make a real difference for patients, communities and our world.