Finance Lead - Market Access Commercial Pricing
AbbVie
- Location
- Mettawa, IL, United States
- Employment
- Full Time
- Work model
- On-Site
- Level
- Senior
- H-1B history
- 94 approvals (FY2023)
- Posted
- 2h ago
About this role
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 www.abbvie.com . Follow @abbvie on LinkedIn, Facebook , Instagram , X and YouTube.
Job Description
The Commercial Market Access Pricing Organization is responsible for the execution and management of the commercial agreements with U.S. Private Payers for the entirety of AbbVie’s branded product portfolio. These Commercial Contracts exceed $65Bn in gross sales and manage over $28Bn in Gross to Net Rebate processing. The Market Access Contracting and Rebating Lead/Supervisor is responsible for the operational support associated with select regional accounts. Primary responsibilities include supporting the strategic objectives of the Market Access organization by facilitating the creation, maintenance, and management of the commercial contracting process. This position is also responsible for performing utilization analytics, invoicing validation, corresponding dispute resolution, and payment of rebate claims within contracted timelines.
Responsibilities
Provide financial analysis as well as support for the contracting and rebating process focusing on accuracy and timeliness. Maintain compliance with pricing governance following procedures for offers throughout the process. Manage contracting requests including scheduling/leading checkpoint calls, completing follow-ups, preparation of offer decks, as well as the maintenance of term extensions, amendments, and restatements. Manage, analyze, and validate rebate payments ensuring compliance requirements as well as evaluate and dispute the plan’s contract compliance/review performance against contractual objectives. Provide support for financial cycles and data reconciliations, as needed. Cross functional interaction with legal, third-party rebate processor, Government Pricing, Market Access Marketing and National/Regional Market Access Sales Management and Account Executives. Special projects as needed, including acquisition integration (as applicable) and system upgrade implementation. The ability to prioritize and meet necessary timeframes, build and manage relationships during times of conflicting opinions to drive positive outcomes. Ability to negotiate change, leading to goals being met, providing stakeholders with key updates and partnering with leadership in a matrix organization are key.
Qualifications
Bachelor’s degree in Finance or Accounting required. CPA or MBA a plus. Minimum 6+ years of progressive and related experience. Planning and forecasting experience preferred. Proficiency in Excel and PowerPoint Knowledge of software application systems (Model N, Relay, QlikView) preferred.
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 roleat the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on manyfactors 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