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 at www.abbvie.com. Follow @abbvie on LinkedIn, Facebook, Instagram, X and YouTube.

Job Description

The position is part of Financial Shared Services Record to Report organization (FSS-RTR). Finance Shared Services (FSS) is AbbVie's standardized global end-to-end back office processes that support operations and transactional business activities enabling our company to run. FSS-RTR works collaboratively across multiple delivery channels providing support in accounting and selected order to cash processes, serving as the chief accountant and is the liaison between the affiliates/ manufacturing plants and BPO, receiving guidance from our Center of Excellence (CoE).

This position reports into the Accounting Manager, JAPAC at FSS and is responsible to support the US GAAP and Local statutory GAAP accounting and reporting processes for the assigned affiliates and will conduct for country. This position needs a person with ‘can- do’, hands on attitude and ability to work with multiple stakeholders, planning and execution of local statutory audits or any other statutory reporting requirements.

R2R Responsibilities

Maintain US GAAP and local ledgers including the preparation and/or review of related journal entries and reconciliationsPrepare and review financial and accounting analysis involving complex transactions including but not limited to general accounting, fixed assets, intercompany and financial reporting activities/transactionsPrepare and provide to Finance Director/s variance analysis between actual and planned financial dataProvide accounting treatment in line with Group policies for AffiliatesProduce and review management and statutory reports with affiliatesProvide BPO with a guidance for resolution of accounting issuesCoordinate Statutory/Fiscal Reports process with 3rd partiesDrive and co-ordinate the financial close process for the affiliate or cluster of affiliatesComplete transfer pricing and costing activities in accordance with company and local requirementsPrepare affiliate Balance Sheet, DSO, Entity planning and Non Promo budgeting and to provide monthly variance commentary as needed

Statutory accounting responsibilities

Preparation of statutory financial statements including notes to accountsParticipate/ review US GAAP month close process with primary focus to identify adjustments necessary for local GAAP:Regular reconciliation of US and local GAAP ledgers to ensure integrity of dataPerform local GAAP adjustmentsIdentify and perform adjustments needed for additional disclosures (T&E, Payroll benefits etc)Maintain local GAAP balance sheet reconciliationsConduct balance sheet reviews periodicallyPrepare and distribute reports to key contactsInterpret and roll out local accounting policy/standardsPrepare Standard Operating Procedures & Flow charts to ensure local GAAP requirements are documented and necessary processes are in place.Co-ordinate Statutory audits:Support Finance Director in execution of local statutory auditsPlan and co-ordinate audit schedule with external auditors, service providers (if any) and internal departmentsExecute audit plan by ensuring timelines are met.Establish escalation protocol, monitor and report audit progress.Manage the Statutory calendarSupport the process of local tax provision calculation and income tax returnMiscellaneous reporting filings (e.g. statistical reporting)

Tax responsibilities

Work closely with third party service providers and Tax Centre of Excellence to plan and support tax compliance activitiesCommunicate compliance timetable and deliverables to all stake holdersEnsure inputs required for tax return preparation are received, reviewed and submitted timely.Follow-up on any missing information, perform defined checks and reconciliationsTrack adjustments needed based on filed returns, perform journal entries to ensure ledger balances tie to returnsInvestigate issues encountered during return preparation, identify and fix process / system gapsAd hoc assistance on VAT related matters (audits, questions tax authorities, tax coding questions, ad hoc checks and reconciliations)Oversee and track tax payments & receipts to avoid delays to avoid financial and reputational risk.
Qualifications

Systems:

SAPHyperionReconciliation Tool (desirable)MS Office

Business Knowledge:

Chart of AccountsSox PolicyIntercompany Transaction PolicyTreasury Policy and Banking SystemsBusiness Process, Corporate Policy (compliance & completeness) Financial Data FlowsUnderstanding end to end process for P2P, R2R, and OTC.

Technical Knowledge:

Advanced AccountingFinancial Statement Analysis (variance analysis)Cost/Inventory AccountingUS GAAP and/ or IFRS

Requirements:

Bachelor's degree in Finance or Accounting.  ACCA, CPA, CIMA or equivalent qualifications is a plus.8-10 years of progressive experience in accounting, planning and financial analysisExperience in credit and collection, including credit analysis, cash management, and credit insurance is desirableExperience with SAP is a mustStrong analytical, problem solving and interpersonal skillsStrong written and verbal skills enabling effective communication with all levels of managementIndividual must be self-motivated with great follow-up skills and be able to work independentlyExcellent stakeholder management skills are requiredOwnership and strong drive in an independent tasks executionExperience in pharma industry would be an assetStrong organizational skills required to coordinate and manage multiple cross divisional work process and projectsExperience with continuous improvement projects and practical application of CPI methodologies (Lean, Six Sigma) would be an asset
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