Finance Lead, Government Pricing

Job Description

Job Ttitle: Finance Lead, Government Pricing

Company: AbbVie


Description: Company DescriptionAbbVie’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 – immunology, oncology, neuroscience, and eye care – and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at . Follow @abbvie on , , , and .Job DescriptionThe Finance Lead manages a wide variety of tasks that support Medicaid financial reporting and planning. Key responsibilities will include financial modeling for key products, providing Medicaid impact for changes in Best Price (BP), and modifying financial modeling when necessary. Incumbent will support financial initiatives through analysis for key products. Additionally, Incumbent will provide routine and ad hoc financial analysis. Must analyze and respond to legislative activities (i.e. Health Care Reform) as required. The incumbent will be expected to work independently with minimal supervision and be able to foster and develop solid internal and external cross-functional relationships (i.e. legal, GTN, Pricing personnel, etc.). Adherence to OEC policies and procedures, including periodic training modules and certifications will be required.Responsibilities

• Updates and analyzes Medicaid financial models for Plan/LRP cycles for company Key Products.
• Presents and explains variances to management, and submits final Medicaid rates to GTN Team.
• Updates and analyzes Plan/LRP cycle requests based upon assumption changes provided by Finance Team, and addresses any questions as it relates to the request.
• Explains Government Pricing methodology and logic from a business perspective and engage in key discussions on how it impacts the business.
• Provides monthly and quarterly LBE (actual vs forecast) LBE for Medicaid Rates.
• Presents and explains trending topics and business insights to management and key stakeholders.
• Maintains Financial models and reports, and/or enhancements impacting the area.
• Runs BP impact analysis versus Plan/LRP. Collaborate with key stakeholders and provide dollarized impacts in addition to the new Medicaid rates.
• Develops knowledge of Government Pricing system to ensure accurate data are pulled into financial models, modify data pull, cross-reference multiple data sources, and validate query executions as necessary.
• Performs ad hoc analysis with ability to create models to address regulatory changes outlining Medicaid impact vs Plan/LRP.
• Manages all Desk Top Procedures (DTPs) related to specific areas of responsibility.
• Develops and fosters solid internal and external relationships that facilitate job activities.
• Assists and acts as liaison for various groups in relation to the Medicaid forecasted products.

Qualifications

• Bachelor’s degree in Finance or Accounting required.
• CPA or MBA a plus.
• Minimum 6+ years of progressive and related experience.
• Strong financial, analytical and problem solving skills.
• Strong communication skills (verbal and written).
• Proficient Excel skills required.
• Knowledge of SAP and TM1 a plus.

Additional InformationApplicable 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 short-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, serving our community and embracing diversity and inclusion. It is AbbVie’s policy to employ qualified persons of the greatest ability without discrimination against any employee or applicant for employment because of race, color, religion, national origin, age, sex (including pregnancy), physical or mental disability, medical condition, genetic information, gender identity or expression, sexual orientation, marital status, status as a protected veteran, or any other legally protected group status.US & Puerto Rico only – to learn more, visitUS & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more:

Salary:

Location: Illinois

Date: Sat, 09 Nov 2024 23:59:05 GMT


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