Associate Director, Price Forecasting CoE
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Mettawa, IL
- Corporate
- On-Site
- Full-time
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.
The Associate Director of Price Forecasting Center of Excellence (CoE) will serve as a strategic leader within Pricing, driving the future of price forecasting through forecasting system transformation, advanced analytics, and AI-enabled forecasting capabilities. This individual will be the Subject Matter Expert (SME) on all Gross to Net forecasting for the upcoming GTN System implementation. This role combines deep Gross-to-Net (GTN) forecasting expertise with business process innovation, user-centered design, and change management to enhance forecasting accuracy, efficiency, and business decision-making.
Responsibilities:
- Partners with Price Forecasting and Technology teams to document and translate business functional requirements into technical specifications, ensuring platform functionality is developed and updated appropriately as business needs evolve.
- Lead key stakeholder alignment to define and maintain the framework for the platform, determining the appropriate output views, report structures, and dashboard components needed to support GTN forecasting cycles, centralized reporting, executive dashboards, and forecasting KPIs, ensuring leadership has the right information in the right format.
- Support user acceptance testing (UAT), pilot programs, and system validation activities for Future Forecasting Tool.
- Serve as the first point of escalation for model questions, data discrepancies, and functional issues, identify problems and enhancements, coordinate resolution with technical teams, and communicate impact and timelines to business stakeholders.
- Serve as conduit between the Revenue & Pricing Systems COE, Price Forecasting COE, GTN Solutions Owners, Advisors and Price Forecasters with all Parallel Testing and Go-Live activities and training.
- Coordinate with the GTN System Team to ensure data feeding into the forecasting platform is accurate, timely, and structured correctly, serving as the business-side voice on data requirements and flagging quality issues that affect model outputs.
- Incumbent is expected to successfully perform all responsibilities with a high degree of self-motivation and autonomy
- Bachelor’s Degree in Finance, Accounting, Economics, Business, or related field (required). Advanced degree (MBA, CPA, or equivalent) preferred.
- 8+ years’ experience in pricing, finance, analytics, or a related function within the pharmaceutical or healthcare industry.
- Demonstrated experience in pricing data management, modeling, and analytics; proficiency in pricing systems and financial forecasting platforms.
- Strong project leadership skills with an ability to drive cross-functional initiatives and deliver training to diverse audiences.
- Excellent communication and stakeholder management skills; proven ability to partner across multiple departments (Finance, Accounting, Market Access, Commercial).
- Advanced proficiency in MS Excel, data visualization tools, and automated accounting systems.
- Strong organizational, analytical, and problem-solving aptitude; capable of handling complex processes and improving operational efficiency.
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 long-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.
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US & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more:
https://www.abbvie.com/join-us/reasonable-accommodations.html
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Pay Range:
141500 - 268500 USD
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USD
Where We Work
Role is exclusively performed at a site or office and onsite presence is required. Employees who are site/office-based and can occasionally perform their role virtually work both in the office and remotely*, following the policies and regulations in place at their location. US Employees must be in the office on Tuesday, Wednesday, and Thursday with flexibility to work remotely on Mondays and Fridays. Three days in the office is the minimum; some individuals or teams may require more in-office days due to meetings, business/project needs or their role.