drjobs Senior Financial Analyst - Alliance Accounting

Senior Financial Analyst - Alliance Accounting

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1 Vacancy
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Job Location drjobs

North Chicago, IL - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

The Senior Financial Analyst Alliance Accounting partners closely with the companys organizational finance teams to administer a portfolio of inbound and outbound licensing arrangements. Such organizations primarily include the Commercial and Aesthetics finance teams but may also include Operations and Corporate. The role is highly visible as it executes the activities necessary to administer these arrangements with external licensors/licensees and works crossfunctionally with Alliance Management Legal Treasury and Tax COE as needed to support daytoday operations and adhoc requests. 

Responsibilities

  • Performs monthend close activities to ensure global royalty income and expense are properly recorded including P&L review variance analysis and balance sheet reconciliations.
  • Assists in the preparation of Alliance Accountings quarterly balance sheet review materials.
  • Prepares global royalty rate and royalty expense analyses to support the Commercial planning process for global royalty expense across all planning cycles (Plan/Update/LBE/LRP).
  • Collaborates with crossfunctional teams as such as Alliance Management Legal Treasury and Tax COE to ensure licensing arrangements are appropriately implemented and administered in accordance with their terms and conditions.
  • Operates independently to prepare periodic licensor reporting packages for royalty payments ensuring accuracy timeliness and compliance with the terms and conditions of the licensing arrangement. Additionally prepares milestone payment packages as needed to facilitate internal approvals.
  • Ensures timely collection of royalty receivables and serve as the primary point of contact.
  • Compiles supporting documentation and analyses to assess inbound royalties received.
  • Operates with a continuous improvement mindset and identify and implement solutions to optimize owned processes to drive speed agility and financial insights.
  • Coordinates with companys internal and external auditors and Tax COE for audit and accountingrelated requirements as well as supporting companyinitiated or licensorinitiated audits of licensing arrangements.
  • Performs ad hoc financial reporting and analysis and leading special projects or initiatives as assigned which vary based on companys business transactions and priorities.

Qualifications :

Qualifications

  • Bachelors degree required. Bachelors degree in Finance or Accounting preferred.
  • CPA and/or MBA preferred but not required.
  • Preferred 4 years of progressive and related experience in Finance and/or Accounting.
  • Ability to work well as part of a team and build strong relationships with stakeholders.
  • Strong analytical problem solving and communication skills with ability to work independently.
  • Ability to take initiative and manage multiple priorities and deadlines.
  • Strong organizational skills and attention to detail.
  • Solid understanding of US Generally Accepted Accounting Principles.
  • Proficient Excel skills required.
  • Knowledge of SAP and BPC a plus.


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 shortterm 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 employee remains in the Companys sole and absolute discretion unless and until paid and may be modified at the Companys 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 serving our community and embracing diversity and inclusion.  It is AbbVies policy to employ qualified persons of the greatest ability without discrimination against any employee or applicant for employment because of race color religion national origin age sex (including pregnancy) physical or mental disability medical condition genetic information gender identity or expression sexual orientation marital status status as a protected veteran or any other legally protected group status.

US & Puerto Rico only to learn more visit ;

US & Puerto Rico applicants seeking a reasonable accommodation click here to learn more:


Remote Work :

No


Employment Type :

Fulltime

Employment Type

Full-time

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