Senior Accountant

Company Description

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 – immunology, oncology, neuroscience, and eye care – and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on X, Facebook, Instagram, YouTube, LinkedIn and Tik Tok.

Job Description

PRIMARY FUNCTION/OBJECTIVE

This position is primarily responsible for the local expertise and support of Order to Cash (OTC) activities for Distributor (DX) business model in the Philippines, expense tracking & monitoring, and tracking of financial control and compliance. Working under the direction of Finance Controller, ensures and work closely with FSS, BPO, COEs and Finance Team to work through the financial close process to produce financial statements in accordance with AbbVie’s policies and procedures. Act as LKU for affiliate’s accounting and reporting. Activities include, but not limited to,

Compliance and Control

• Quarterly monitoring and tracking of affiliate OEC related transactions and third-party vendor EDD.
• Prepare and participate in compliance meetings and follow up NRCI reporting.
• Discuss incidents with Finance Team and OEC to identify and address any issue.
• Support audit preparation by conducting sample check with compliance knowledge and the preparation of incidents analysis report during the audit preparation period.
• Local Compliance liaison.
• LKU of ad hoc projects for process improvement and strengthening control environment.
  
  

Record to Report (RTR)

• Compiles and analyzes financial information to prepare entries to accounts, such as general ledger accounts, documenting business transactions, and completes corresponding reconciliation.
• Complete monthly closing processes on a timely basis
• Analyze monthly BS and P&L, check monthly trending, correctness of data, and prepare schedules for management reporting.
  
  

Order To Cash (OTC)

• Work with distributors to ensure timely Accounts Receivable (AR) collection.
• Process, check and reconcile distributor’s debit notes (DN) and credit notes (CN) charges vs contractual terms.
• Work with VLOG Trade Finance to maintain up to date distributor’s contract management and master data set-up such as customer master, pricing, SKU, and credit limits.
  
  

Others

• Maintain accounting documentation, record, and filing.
• Utilizes multiple financial and reporting systems. Consolidates information from multiple sources for basic and ad hoc reports.
• Ad-hoc assignments as needed.
  
  

Expected Areas of Competence

• Demonstrates maturity, self-confidence, decisiveness and has the presence to manage through challenges.
• Ability to work as a team with various teams in country operations, VLOG Trade Finance, FSS, COE, and BPO
• Ability to create a high-performance culture through open and effective communication with stakeholders. Establish strong working relationships and demonstrates accountability with a focus to superior stakeholder engagement.
• Ability to conduct thorough and careful analysis of data, gathers critical information to enable the provision of comprehensive and timely decisions.
• Ability to proactively identify key issues, risks, and opportunities and to make recommendations to Finance team either financial or non-financial decisions.
• Ability to work well under pressure and within short deadlines.
  
  

Desired Knowledge

• Detailed knowledge of company financial statements, accounting principles, policies and procedures, process flow, reconciliation process.
• Understanding of organizational structure, operating culture, and effective work styles to achieve results in a dynamic environment.
  
  

Developmental Value

• Enhance ability to manage dynamic business and build skills in balancing multiples competing priorities.
• Build skills in people management and leadership development.
• Networking opportunities across business units and geographies which may facilitate future development.
  
  

Qualifications

• Bachelor’s degree in Accounting or Finance
• 7 years of accounting or audit experience (experienced in multinational company is preferred).
• Adequate skills of excel, and experiences of SAP system is a plus
• Knowledge of local GAAP, internal controls, SOX, and financial reporting.
  
  

Additional Information

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, 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