Company Description
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 – immunology, oncology, neuroscience, and eye care – and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on X, Facebook, Instagram, YouTube, LinkedIn and Tik Tok.
Job Description
Grow your career in an international Finance team that values diversity, expertise and development. Working with us means joining a team that spans across borders, providing access to a wide range of finance functions, while offering opportunities for professional growth and continuous learning.
As a global company, AbbVie utilizes hedging to protect its P&L (“Profit & Loss” or Income Statement) from unnecessary volatility due to fluctuations in exchange rates. The VLOG (AbbVie Logistics) Hedging team analyzes over 20 currency exposures. Based on input from key stakeholders such as Global Supply Planning, Commercial Affiliates, and Corporate Tax, we submit trade requests to our Treasury partners multiple times per month to hedge our foreign currency exposures and minimize the foreign exchange impact on our P&L.
As Financial Analyst Hedging you will be based at AbbVie’s office in Zwolle and report to the Finance Lead Hedging. Your responsibilities operate at the intersection of Treasury, Supply Chain, Manufacturing, and Commercial sales, and directly contribute to AbbVie’s success and the health of the patients who are at the heart of our work.
Responsibilities
Prepare and consolidate the monthly initial hedge, weekly corrective trades, and netting trades for to hedge for exposures in AbbVie entities.Develop strong partnership with Treasury, Tax, Commercial Affiliates, and Supply PlanningWork closely with Global Supply Planning and Customer Logistics to evaluate risk mitigation strategies when change in forecast impacts foreign exchange exposureClosely support Global Supply Planning and Customer Logistics inquiries by providing analytics, insights, and guidance as neededCoordinate key projects to drive process improvement (especially in SAP and CREMA – AbbVie’s internal exposure management tool)Develop analytics and KPIs to support opportunities for improved forecast accuracySupport the development and reporting of Actuals, Plan, and Latest Best Estimate (LBE) for foreign exposuresUnderstand key drivers of variances to forecast and provide management commentaryAnalyze key changes in new/revised Product Financial Flows (PFFs) and assess any impact on our foreign currency exposuresSupport Corporate Treasury and EMEA Treasury requests as neededQualifications
At AbbVie we are passionate about our work. As our professionals are driven in the quest to improve people's health, you will be working in a dynamic and ambitious international environment. We expect you to be innovative with a continuous improvement mindset. In addition, you have strong analytical skills.
More specifically, we ask the following of you:
Master or Bachelor in accountancy, finance, supply chain, or business economicsStrong analytical skills and deep MS office knowledgeExperience with SAP is preferredExperience with Power BI is a differentiatorBuilds strong relationships with peers and business partners to enable higher performancePreferably experience with logistical processes and/or international matrix organizationExcellent written and verbal English communication skillsSelf-motivated with a high level of accountabilityAble to work independently and in a team environmentAble to adjust priorities as neededSpecific experience in hedging is not required; more important are stakeholder management skills, a curious mindset, and a willingness to learn.
Additional Information
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