Job Description
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
Purpose
The Cost Accounting Supervisor at the AP16 Packaging Center of Excellence is responsible for financial accounting, cost allocation, collection of data and preparation of reports that maintain AbbVie’s cost accounting systems for businesses supported. Other responsibilities may include: inventory analysis and reconciliation, manufacturing variance analysis, balance sheet account reconciliations, planning activities and ad hoc financial analysis.
Responsibilities
• Leads and reviews month-end processes for businesses supported. Includes but not limited to inventory reconciliation, manufacturing variance analysis including purchase price variances from raw material purchases or material usage variances. Understands monthly results and communicates with plant management team.
• Prepares and reviews monthly journal entries and account reconciliations.
• Assists Operations teams in identifying areas for cost reductions and operational improvements during annual standard setting process and LBE forecasts.
• Leads plant reviews and understands the growth/performance of their business and analyzes variances of actuals vs plan.
• Responds to requests for internal audit and external audit under guidance of a manager. Maintain appropriate internal controls.
• Leads New Product Introduction (NPI) and market extension cost estimation and development process, including presenting to AP16 leadership.
• Supports standard and ad-hoc requests from AbbVie Finance outside of AP16 (i.e. Corporate Tax, Deferred Margin Team, Operations Accounting HQ, etc.)
• May have supervisory responsibility for one direct report.
Qualifications
• Bachelor’s degree in Accounting or Finance.
• CPA desirable.
• Minimum 6+ year’s related accounting experience required with at least 2 years in a manufacturing environment.
• Familiarity with standard cost variances analysis preferred.
• Strong analytical, problem solving, and communication skills.
• Must be able to manage multiple priorities and achieve required timelines.
• Experience in SAP and HFM 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 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 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
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
Purpose
The Cost Accounting Supervisor at the AP16 Packaging Center of Excellence is responsible for financial accounting, cost allocation, collection of data and preparation of reports that maintain AbbVie’s cost accounting systems for businesses supported. Other responsibilities may include: inventory analysis and reconciliation, manufacturing variance analysis, balance sheet account reconciliations, planning activities and ad hoc financial analysis.
Responsibilities
• Leads and reviews month-end processes for businesses supported. Includes but not limited to inventory reconciliation, manufacturing variance analysis including purchase price variances from raw material purchases or material usage variances. Understands monthly results and communicates with plant management team.
• Prepares and reviews monthly journal entries and account reconciliations.
• Assists Operations teams in identifying areas for cost reductions and operational improvements during annual standard setting process and LBE forecasts.
• Leads plant reviews and understands the growth/performance of their business and analyzes variances of actuals vs plan.
• Responds to requests for internal audit and external audit under guidance of a manager. Maintain appropriate internal controls.
• Leads New Product Introduction (NPI) and market extension cost estimation and development process, including presenting to AP16 leadership.
• Supports standard and ad-hoc requests from AbbVie Finance outside of AP16 (i.e. Corporate Tax, Deferred Margin Team, Operations Accounting HQ, etc.)
• May have supervisory responsibility for one direct report.
Qualifications
• Bachelor’s degree in Accounting or Finance.
• CPA desirable.
• Minimum 6+ year’s related accounting experience required with at least 2 years in a manufacturing environment.
• Familiarity with standard cost variances analysis preferred.
• Strong analytical, problem solving, and communication skills.
• Must be able to manage multiple priorities and achieve required timelines.
• Experience in SAP and HFM 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 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 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
💡 Quick Summary
Seeking a career-building opportunity? The Supervisor, Cost Accounting position is now open for candidates interested in the Finance sector. This role in Chicago offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Finance is a plus.