Associate Director, Procurement Finance
North Chicago, IL - USA
Job Summary
The Associate Director Procurement Finance is a global finance leader responsible for partnering with Procurement and Finance stakeholders to identify validate forecast and report procurement savings and spend performance on $16Bn spend. The role also leads the Weighted Average Payment Terms (WAPT) program partnering cross-functionally to improve working capital. This position reports to the Procurement Finance Director within the Corporate FP&A function.
Responsibilities
- Lead monthly quarterly and annual Plan Long Range Plan (LRP) and Latest Best Estimates (LBEs) activities related to procurement spend savings and WAPT
- Establish and monitor WAPT targets performance metrics and action plans
- Provide meaningful variance analysis and executive ready reporting that promotes accuracy transparency and predictability
- Serve as strategic business partner to Procurement and business Finance ensuring alignment on targets assumptions risks and opportunities
- Establish maintain and communicate savings methodologies governance and reporting standards
- Coordinate and validate Procurement savings initiatives including baseline assumptions timing implementation status and realized financial impact
- Lead develop and coach a team of two employees ensuring high quality and timely deliverables
- Support strategic projects management reporting enhancements process optimization and optimization initiatives
- Perform ad hoc analysis and provide recommendations to support informed business decisions
Qualifications :
- Bachelors degree in Finance or Accounting preferred
- 10 years of progressive experience in finance FP&A supply chain finance or a related discipline
- Experience leading cross-functional initiatives and influencing stakeholders without direct authority
- Experience managing validating or reporting procurement savings and/or working-capital initiatives
- People leadership experience
Technical and Professional Skills
- Strong financial analysis forecasting problem-solving and business-partnering skills
- Advanced Microsoft Excel and PowerPoint skills; experience with Power BI Tableau or similar visualization tools preferred
- Experience working with ERP procurement spend analytics or accounts payable data
- Ability to establish effective controls reconcile data and ensure reporting accuracy
- Excellent written and verbal communication skills including the ability to present complex information clearly to senior leaders
- Demonstrated ability to prioritize competing demands manage deadlines and operate effectively in a fast-paced global environment
- Self-starter who can work independently exercise sound judgment identify process improvements and drive implementation
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 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 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.
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No
Employment Type :
Full-time
About Company
AbbVie is a global biopharmaceutical company focused on creating medicines and solutions that put impact first for patients, communities, and our world. We aim to address complex health issues and enhance people's lives through our core therapeutic areas: immunology, oncology, neuro ... View more