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AbbVie
Finance Manager, Procurement
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Based on Illinois data
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What they do
A Procurement or Sourcing Manager manages the procurement of supplies for a company or organization. Develops policies and schedules for regular procurements. Trains and supervises staff, develops relationships with suppliers, researches and inspects supplies, and negotiates supply and shipping prices.
$134,705 / year median in Illinois
+2% projected growth
Job Description
Company DescriptionAbout AbbVieAbbVie'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 DescriptionThe Finance Manager, Procurement, oversees the financial planning and analysis processes and requirements across Procurement R D and Procurement Operations. Provides financial guidance in compliance with financial policies, prepares management analysis of actual vs. benchmark results, and business decision support. The Finance Manager interacts with all levels of Finance and Procurement and leads key projects and initiatives to improve financial processes.
Maintain planning-system information accurately and timely, ensuring alignment with approved assumptions, business requirements, and financial policies.
Partner effectively with Procurement and business leaders to develop budgets, forecasts, financial scenarios, and recommendations that support business objectives and operate within approved budget parameters.
Provide meaningful variance analysis for each planning cycle and monthly reporting period, including explanations of key drivers, risks, opportunities, and recommended actions.
Support the Accounting Shared Services monthly close process to ensure complete, accurate, and timely monthly results, including P&L, headcount, balance sheet, accruals, and other relevant financial information.
Prepare, communicate, and present meaningful monthly management reporting packages and dashboards to Procurement leadership.
Collaborate with Finance, Procurement, Accounting, and other stakeholders to provide business support and financial scenarios that enable informed decision-making.
Perform financial reviews and approvals of purchase order requests, invoices, supplier commitments, and other transactions in accordance with applicable policies, controls, and approval requirements.
Identify and implement opportunities to improve financial processes, reporting, controls, data quality, and operational efficiency.
Lead or support key projects and initiatives, including management reporting optimization, Power BI dashboard implementation, automation, and AI initiatives.
Perform ad hoc financial analysis and other duties as required.
QualificationsBachelor's degree in finance or accounting. CPA or MBA preferred.
Minimum 7+ years of progressive and related experienceStrong financial, analytical and problem-solving skillsSelf-starter with ability to operate independently, drive processes, identify and implement process improvements, establish and adjust priorities to achieve objectives and operate with speed and agilityStrong communication skills (verbal and written), with all levels of management and including the ability to listen well and to influence others that do not report directlyDemonstrated ability to translate complex financial data into clear insights and recommendations for senior leaders.
Proficient Excel skills.
Thorough knowledge of US Generally Accepted Accounting Principles (GAAP)Knowledge of SAP, BPC, Power Query, Power BIAdditional InformationApplicable 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 thisposting 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.
Job DescriptionThe Finance Manager, Procurement, oversees the financial planning and analysis processes and requirements across Procurement R D and Procurement Operations. Provides financial guidance in compliance with financial policies, prepares management analysis of actual vs. benchmark results, and business decision support. The Finance Manager interacts with all levels of Finance and Procurement and leads key projects and initiatives to improve financial processes.
Key Responsibilities Include:
Lead and coordinate all aspects of the annual Plan, Long-Range Plan, and Latest Business Estimate processes, including P&L, headcount, balance sheet, and relevant Procurement financial metrics.Maintain planning-system information accurately and timely, ensuring alignment with approved assumptions, business requirements, and financial policies.
Partner effectively with Procurement and business leaders to develop budgets, forecasts, financial scenarios, and recommendations that support business objectives and operate within approved budget parameters.
Provide meaningful variance analysis for each planning cycle and monthly reporting period, including explanations of key drivers, risks, opportunities, and recommended actions.
Support the Accounting Shared Services monthly close process to ensure complete, accurate, and timely monthly results, including P&L, headcount, balance sheet, accruals, and other relevant financial information.
Prepare, communicate, and present meaningful monthly management reporting packages and dashboards to Procurement leadership.
Collaborate with Finance, Procurement, Accounting, and other stakeholders to provide business support and financial scenarios that enable informed decision-making.
Perform financial reviews and approvals of purchase order requests, invoices, supplier commitments, and other transactions in accordance with applicable policies, controls, and approval requirements.
Identify and implement opportunities to improve financial processes, reporting, controls, data quality, and operational efficiency.
Lead or support key projects and initiatives, including management reporting optimization, Power BI dashboard implementation, automation, and AI initiatives.
Perform ad hoc financial analysis and other duties as required.
QualificationsBachelor's degree in finance or accounting. CPA or MBA preferred.
Minimum 7+ years of progressive and related experienceStrong financial, analytical and problem-solving skillsSelf-starter with ability to operate independently, drive processes, identify and implement process improvements, establish and adjust priorities to achieve objectives and operate with speed and agilityStrong communication skills (verbal and written), with all levels of management and including the ability to listen well and to influence others that do not report directlyDemonstrated ability to translate complex financial data into clear insights and recommendations for senior leaders.
Proficient Excel skills.
Thorough knowledge of US Generally Accepted Accounting Principles (GAAP)Knowledge of SAP, BPC, Power Query, Power BIAdditional InformationApplicable 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 thisposting 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 employee remains in the Company's sole and absolute discretion unless anduntil 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.htmlUS & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more:https://www.abbvie.com/join-us/reasonable-accommodations.htmlAbbVie 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.htmlUS & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more:https://www.abbvie.com/join-us/reasonable-accommodations.htmlBenefits
- Paid Time Off (PTO)
- Sick Leave
- 401(k) Plans
- Health Insurance