Associate Director, Procurement Finance

AbbVie  ยท  via Real Estate Jobs Australia
๐Ÿ’ฐ 160,000 - 220,000/yr ๐Ÿ“ North Chicago, North Chicago โฐ Full Time

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