Associate Director, Procurement Finance

AbbVieNorth Chicago, IL
$141,500 - $268,500

About The Position

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.

Requirements

  • 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
  • Strong financial analysis, forecasting, problem-solving, and business-partnering skills
  • Advanced Microsoft Excel and PowerPoint skills
  • 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

Nice To Haves

  • experience with Power BI, Tableau, or similar visualization tools preferred

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

Benefits

  • paid time off (vacation, holidays, sick)
  • medical/dental/vision insurance
  • 401(k)
  • long-term incentive programs
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