AbbVie Logo

AbbVie

Associate Director, Procurement Finance

Posted 9 Days Ago
Be an Early Applicant
Hybrid
North Chicago, IL, USA
142K-269K Annually
Expert/Leader
Hybrid
North Chicago, IL, USA
142K-269K Annually
Expert/Leader
Leads global procurement finance for approximately $16 billion in spend, including savings validation, forecasting, reporting, variance analysis, and working-capital initiatives through the WAPT program. Partners with Procurement and Finance stakeholders, establishes governance and performance metrics, supports strategic projects and process improvements, and manages a team of two employees.
The summary above was generated by AI
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 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 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 Company's sole and absolute discretion unless and until paid and may be modified at the Company’s 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. 

US & Puerto Rico only - to learn more, visit https://www.abbvie.com/join-us/equal-employment-opportunity-employer.html

US & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more:

https://www.abbvie.com/join-us/reasonable-accommodations.html

HQ

AbbVie North Chicago, Illinois, USA Office

North Chicago, IL, United States

AbbVie Buffalo Grove, Illinois, USA Office

Buffalo Grove, United States

AbbVie Chicago, Illinois, USA Office

Chicago, IL, United States

AbbVie Grayslake, Illinois, USA Office

Grayslake, United States

AbbVie Gurnee, Illinois, USA Office

Gurnee, United States

AbbVie Lake Bluff, Illinois, USA Office

Lake Bluff, United States

AbbVie Mettawa, Illinois, USA Office

Mettawa, United States

AbbVie Northbrook, Illinois, USA Office

Northbrook, United States

AbbVie Vernon Hills, Illinois, USA Office

Vernon Hills, United States

AbbVie Waukegan, Illinois, USA Office

Waukegan, United States

Similar Jobs

An Hour Ago
In-Office or Remote
United States
95K-110K Annually
Entry level
95K-110K Annually
Entry level
Big Data • Information Technology • Software • Analytics • Energy
The Principal Consultant serves as a strategic advisor to Power and Renewables clients, driving product adoption, workflow integration, training, engagement, renewals, and retention. Responsibilities include developing account strategies, presenting analytics, facilitating onboarding and learning events, identifying stakeholders and business value drivers, gathering product feedback, supporting sales pursuits, and expanding client relationships. The role requires knowledge of the energy transition and the ability to explain technical concepts to diverse client audiences.
Top Skills: Advanced AnalyticsGenerative AiInterconnectPrismRated PowerSaaSSalesforce
An Hour Ago
In-Office or Remote
United States
90K-105K Annually
Senior level
90K-105K Annually
Senior level
Big Data • Information Technology • Software • Analytics • Energy
Leads research and valuation analysis for offshore upstream oil and gas assets and companies. Builds financial models, develops actionable investment insights, presents findings to clients and prospects, demonstrates Enverus software workflows, and participates in industry events and client meetings. Collaborates with financial analysts, engineers, geologists, data scientists, and developers to enhance the technology platform and address complex energy industry and investment questions.
Top Skills: Enverus Software PlatformGenerative AiExcelPythonSQL
An Hour Ago
Remote or Hybrid
United States
42K-72K Annually
Mid level
42K-72K Annually
Mid level
Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
The Reports Analyst prepares ad hoc and scheduled reports, responds to data requests, analyzes trends, and provides recommendations to business management. Responsibilities include researching and downloading data, creating presentations and exhibits, manipulating spreadsheet and database data, maintaining databases, and ensuring data integrity and accurate reporting. The role requires advanced Excel skills, reporting and data analysis experience, strong communication, and effective use of AI tools.
Top Skills: Artificial IntelligenceDatabase ApplicationsExcelMS Office

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account