Senior Financial Analyst, Procurement Finance - Operations
Senior Financial Analyst, Procurement Finance - Operations
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Salary Not Disclosed
1 Vacancy
Job Description
Purpose:
The Senior Financial Analyst Procurement Finance - Operations works globally and cross-functionally to align spending and savings targets to drive cost savings opportunities and set Inventory Standards that minimize Purchase Price Variances (PPV). The role involves interaction with all levels of Finance and Procurement management and reports to the Procurement Senior Manager within the Operations function.
Responsibilities:
- Analyze and conduct monthly analysis of Purchase Price Variance (PPV) for Actuals and Latest Best Estimates (LBE) using SAP; collaborating with Procurement Category and Site contacts to ensure spending aligns with cost-saving targets.
- Coordinate the annual Inventory Material Standard setting process with Procurement Category leadership to support financial alignment.
- Prepare analyze and review monthly Purchase Price Variance (PPV) reports detailing key drivers in partnership with Procurement to ensure LBE submissions reflect accurate cost forecasts and savings potential.
- Validate Procurement cost savings initiatives.
- Collaborate and lead monthly Savings meetings with Regional leads and Directors to validate savings and variance drivers.
- Direct and support strategic projects and initiatives such as management reporting and optimization while driving process improvements.
- Perform ad hoc analysis as needed.
Qualifications :
- Bachelors degree in finance or accounting preferred
- Minimum 4 years of related experience
- Strong financial acumen with analytical and problem-solving skills.
- Self-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 agility
- Effective communication and interpersonal skills
- Demonstrated ability to prioritize and organize work
- Proficient Excel skills
- Knowledge of SAP and Power BI
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 short-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 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 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:
No
Employment Type :
Full-time
Employment Type
Full-time
