Global Procurement Finance Leader — Savings & Working Capital
AbbVie Inc.
Company Description
About AbbVie
AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas including immunology, oncology and neuroscience - and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at . Follow @abbvie on LinkedIn, Facebook , Instagram , X and YouTube.
Job Description
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
- Bachelor’s 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 orlocal law:
- The compensation range described below is the range of possible base pay compensation that the Companybelieves ingood faith it will pay for this role at the timeof this posting based on the job grade for this position.Individualcompensation paid within this range will depend on many factors including geographic location, andwemayultimatelypaymore or less than the posted range. This range may bemodifiedin thefuture.
- We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick),medical/dental/visioninsurance and 401(k) to eligibleemployees.
- This job is eligible toparticipatein our long-term incentiveprograms.
Note: No amount of payis considered to bewages or compensation until such amount is earned, vested, anddeterminable.The amount and availability of any bonus,commission, incentive, benefits, or any other form ofcompensation and benefitsthat are allocable to a particular employeeremainsin the Company's sole andabsolutediscretion unless and until paid andmay bemodifiedat the Company’s sole and absolute discretion, consistent withapplicable 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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