As the Senior Manager, Alliance Accounting, you will play a highly visible leadership role at the intersection of finance and cross-functional collaboration. You will lead a team of two and serve as a key financial steward for AbbVie's portfolio of external collaboration and purchasing arrangements - partnering with Alliance Management, Legal, Treasury, Tax COE, and organizational finance teams across Commercial, R&D Alliance, R&D Medical Affairs, Operations, and Corporate.

In this role, you will drive the accurate and timely consolidation and reporting of internal non-R&D financial information, facilitate exchanges with external alliance partners and key internal stakeholder groups, and ensure these arrangements are administered in accordance with their contractual terms.

Responsibilities

• Oversee month-end close activities to ensure collaboration arrangements are properly recorded and balance sheet reconciliations are prepared in accordance with the close calendar.
• Collaborate cross-functionally with organizational finance teams, Alliance Management, Legal, Treasury and Tax COE to ensure collaboration arrangements are appropriately implemented and administered in accordance with their terms and conditions.
• Supervise the preparation of periodic alliance partner settlement packages, ensuring accuracy, timeliness and compliance with the terms and conditions of the collaboration arrangement.
• Coordinate internal stakeholder review and approval of settlement packages and facilitate the exchange and discussion of financial results directly with external alliance partners.
• Serve as a member, as needed, on finance working groups that support collaboration governance committees (e.g., joint steering, joint commercialization, joint manufacturing) on finance-related topics. Collaboration governance committees include senior AbbVie and alliance partner personnel.
• Ensure timely collection of collaboration settlement receivables and supervise the process for compiling supporting documentation and analyses to assess amounts received.
• Partner with Finance Business Development to evaluate and provide guidance on new collaboration arrangements, ensuring proper structure and financial treatment from inception.
• Support Commercial’s planning process for global royalty expense across all planning cycles including Plan, Update, / Latest Best Estimate (LBE), Long-Range Plan (LRP).
• Support the maintenance of an inventory of commercial milestones associated with AbbVie’s collaboration arrangements and partner with Alliance Management, R&D Alliance, and organizational finance teams to periodically reassess the estimated timing of achievement. As milestones are achieved, oversee the preparation of milestone payment packages to facilitate internal approvals.
• Consult with External Reporting and Technical Accounting on accounting matters and compile and provide financial information for collaboration-related footnote disclosures as required.
• Coordinate with AbbVie’s internal and external auditors and Tax COE for audit and accounting-related requirements as well as supporting AbbVie-initiated or alliance partner-initiated audits of collaboration arrangements.
• Perform ad hoc financial reporting and analysis and lead special projects or initiatives, as assigned, which vary based on AbbVie’s business transactions and priorities.