The Finance Lead, Margin Accounting & Costing understands and monitors the margin accounting journal entries and daily costing runs to ensure that all costs and margin are reported in accordance with policy and provided accurately to all AbbVie systems and organizations that require the data for financial reporting, forecasting, and analysis. 

This position has routine contact with Affiliates and Financial Shared Service support staff to resolve reporting, costing, and system issues.  This role will work with large amounts of data to prepare variance analysis reports to identify margin and costing issues. 

The Finance Lead, also supports month-end accounting, reporting for the margin ledger, annual cost planning relating to product cost, and supports continuous improvement projects. Interacts with full team on cross functional responsibilities.

 Key Responsibilities Include: 

• Ensure the worldwide consolidated cost of inventory and inventory related expenses are accurate.
• Perform costing analysis and identifies drivers of variances.
• Monitors the Robotic Process Automation (RPA) for margin posting programs in SAP to ensure the accurate results for the margin billed and margin relief journal entries.
• Perform monthly analysis/reconciliation between margin reports to ensure the auto margin calculation by Robot is correct.
• As a result of the reconciliation process, coordinate changes withing the deferred margin program to BTS, including testing of reports and interfaces.
• Works directly with cross functional teams on process and financial reporting to ensure complete, accurate, and timely results.  Understands monthly results and communicates issues to businesses supported.
• Works closely with affiliates and colleagues with margin related issues on a product SKU basis to ensure all components within that product are properly setup.
• Prepares the month-end margin journal entries including sweeping the PPV and SRV to the Intercompany Margin ‘Delta Profit’ pool.
• Resolve margin and costing questions from affiliates in a timely and accurate manner.
• Collaborates with team to investigate and resolve any variances in the monthly Book to Perpetual analysis by Product on the Margin ‘Delta Profit. 
• Support the annual Planning exercise.
• Supports ad hoc analysis, projects, and process improvements as needed.

This is a hybrid role based in Lake County, IL