Statutory lead, ANZ and HK

The position is part of Financial Shared Services Record to Report organization (FSSRTR).  Finance Shared Services (FSS) is AbbVies standardized global endtoend backoffice processes that support operations and transactional business activities enabling our company to run. FSSRTR 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 Supervisor regional Statutory JAPAC and is responsible to support the US GAAP and Local statutory GAAP accounting and reporting processes. 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.

Statutory accounting responsibilities

• Preparation of statutory financial statements including notes to accounts
• Participate/ 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 data.
  • Perform local GAAP adjustments.
  • Identify and perform adjustments needed for additional disclosures (T&E Payroll benefits etc)
  • Maintain local GAAP balance sheet reconciliations.
  • Conduct balance sheet reviews periodically.
  • Prepare and distribute reports to key contacts.
• Interpret and roll out local accounting policy/standards.
• Prepare Standard Operating Procedures & Flow charts to ensure local GAAP requirements are documented and necessary processes are in place.
• Coordinate Statutory audits:

• Support Finance Director in execution of local statutory audits.
• Plan and coordinate audit schedule with external auditors service providers (if any) and internal departments.
• Execute audit plan by ensuring timelines are met.
• Establish escalation protocol monitor and report audit progress.
• Manage the Statutory calendar.
• Support the process of local tax provision calculation and income tax return.

• Perform miscellaneous reporting filings (e.g. statistical reporting)

Tax responsibilities.

• Ensure inputs required for tax return preparation are received reviewed and submitted timely.
• Followup on any missing information perform defined checks and reconciliations.
• Track adjustments needed based on filed returns perform journal entries to ensure ledger balances tie to returns
• Investigate issues encountered during return preparation identify and fix process / system gaps.
• Ad 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.
• Ensure accurate and consistent accounting of all taxes.  

R2R Responsibilities

• Maintain US GAAP and local ledgers including the preparation and/or review of related journal entries and reconciliations.
• Support and work with BPO to prepare financial and accounting analysis involving complex transactions including but not limited to general accounting fixed assets intercompany and financial reporting activities/transactions.

• Support to prepare affiliate Balance Sheet DSO and Entity plan and to provide monthly variance commentary as needed.
• Prepare and support transfer pricing and costing activities in accordance with company and local requirements.

Qualifications :

• Bachelors degree in finance or accounting.  ACCA CPA CIMA or equivalent qualifications is a plus.
• 1213 years of progressive experience in accounting planning and financial analysis
• Experience working at an accounting firm is preferred.
• Experience with SAP required.
• Strong analytical problem solving and interpersonal skills.
• Strong written and verbal skills enabling effective communication with all levels of management.
• Individual must be selfmotivated with great followup skills and be able to work independently.
• Excellent stakeholder management skills are required.
• Ownership and strong drive in an independent tasks execution
• Experience in pharma industry would be an asset
• Strong organizational skills required to coordinate and manage multiple cross divisional work process and projects.
• Experience with continuous improvement projects and practical application of CPI methodologies (Lean Six Sigma) would be an asset.
• Fluent English is a requirement any other language 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  & Puerto Rico applicants seeking a reasonable accommodation click here to learn more:

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