Financial Controller North Africa
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Cairo, Cairo Governorate
- Corporate
- Full-time
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AbbVie (NYSE:ABBV) is a global, research-based biopharmaceutical company formed in 2013 following separation from Abbott. AbbVie combines the focus and passion of a leading-edge biotech with the expertise and capabilities of a long-established pharmaceutical leader to develop and market advanced therapies that address some of the world’s most complex and serious diseases.
Since the launch in 2013, AbbVie has led with purpose to make a remarkable impact that lasts. AbbVie fosters a culture of curiosity that enables their people to find the answers that make life better for our patients and our world. Over the past ten years, AbbVie has grown from 21,000 to more than 50,000 employees in 70 countries. AbbVie has taken on the toughest health challenges to deliver life-changing solutions, and that’s only the beginning.
For more information, please visit www.abbvie.com For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on X, Facebook, Instagram, YouTube, LinkedIn and Tik Tok.
CORE JOB RESPONSIBILITIES:
- Maintain standardized procedures and policies related to accounting and legal requirements.
- Design and implement control activities that address risk points in all finance related processes.
- Assign roles and responsibilities for internal controls within the affiliate.
- Monitor and control finance processes, remediate deficiencies and assure that company assets are protected.
- Establish and maintain accounting policies and procedures in accordance with local and US GAAP.
- Develop and communicate performance targets (KPI’s) and strive to improve them.
- Manages accuracy and productivity of AP, invoicing/billing, Inter-company Billing, payroll, fixed asset records, financial reporting, general & entity accounting etc.
- Review and approve Purchasing request in line with Abbvie Policies and Payment terms.
- Liaise with all relevant authorities, manage relationships with relevant government bodies.
- Conduct the Governance meetings with Abbvie Center of Excellences and Busines unit Coordinators.
People Leadership
- Coach, develop, supervise, and lead the team of 2 Financial Accountant
- Conduct trainings for Affiliate to increase level of compliance against internal procedures.
- Conduct Smooth Business operations through liaising with Support teams and directing them to act on Affiliate behalf.
- Monitor performance of Business Unit Coordinators and elevate challenges to line managers.
Accounting
- Manage preparation and distribution of financial statements and reports, maintaining the highest quality, reliability and accuracy and assuring they are prepared in compliance with policies and directives, GAAP and other applicable regulations.
- Responsible for coordination of fiscal period close processes, statutory financial reporting, financial systems maintenance and regulatory compliance procedures, tax reporting etc.
- Reviews (monthly) closing process, including reconciliations and analysis of Actuals.
- Ensure accurate and timely financial reporting to all stakeholders.
- Prepare information reports to meet ad-hoc management requests as well as other requirements from internal/external stakeholders.
Taxation
- Secure total tax position of the local affiliate, address tax inquiries, drive and co-ordinate tax audits, and monitor tax compliance.
- Liaise with Tax COE, external Consultants and Federal Tax Authority.
- Ensure relevant tax data is captured and appropriately reported.
- Train the PTP Team, Business Unit coordinators and support Team with VAT updates and processes by highlighting the non-compliant scenarios.
- Assess the contractual arrangements with a view to optimize the VAT liability on the company.
Compliance
- Act as monitor for quarterly OEC monitoring and reporting.
- Raise the compliance awareness among the business teams through Supplementary monitoring.
- Integrate the MAP and SAP processes with the timelines in layman language for the ease of understanding.
- Elevate the Non-compliant scenarios to OEC and Management for remediations.
Treasury
- Establish and maintain corporate credit card policies and approval limits in line with corporate procedures.
- Manage local T&E card and Purchasing card programs for North Africa in coordination with Treasury, banks and Local card administrators.
- Liaise with Treasury teams in dealings with banks, payment process and bank guarantees.
- Respond to the bank queries on various issues and payment related queries.
Audit
- Prepare the affiliate to Audit readiness any time to face Internal Finance and Compliance audits.
- Coordinate with External consultant and Finance Shared Services team to complete Audits
- Lead the actions, controls, and trainings to remediate the Audit findings.
FP&A Support
- Prepare the affiliate Payroll Plan, LBE and LRP for Plan consolidations.
- Provide the Analytics, Simulations, Contractual spends to support the Plan Process.
Other Responsibilities
- Ensure that proper information/documents are maintained for historical purposes in accordance with company's and local legal retention policies and records management procedures.
- Manage all legal aspects of affiliates and ensure legal alignment of company documents and processes with local legislation and AbbVie procedures. Liaise with regional /external legal advisors when needed regarding contracts and process development.
- Initiate and close purchase related negotiations with vendors and implement strategies for savings / efficiencies generation.
- Support HR department in maintaining payroll related records. Provide advice/ support related to local legislation and taxation. Review payroll files and check if calculation is correctly performed, taxation and deductions. Approve salary calculation and payments to contractors.
- Manage local IT projects, Office Renovation Projects and support global teams responsible for global project implementation.
- Liaise with insurance brokers to secure the coverage for employees, assets, and clinical trials.
- Develop local administrative procedures, assure their implementation, and monitor performance.
- Manage the implementation and administration of local affiliate tools such as E-Signature and Contract Database.
Educational Background:
- B.S./B.A. in Accounting or Finance; CPA/MBA is preferred.
Experience and Expertise:
- At least 8 years of relevant finance experience, with a preference for leadership roles in Accounts Receivable (A/R) or cost accounting.
- Minimum of 3 years of experience in people leadership.
- Proven success working in a complex multinational environment.
Technical Skills:
- Strong proficiency in Microsoft Excel, SAP, and MS Office tools; experience with CTE/Concur is advantageous.
Interpersonal and Leadership Skills:
- Strong interpersonal skills with the ability to build executive presence and influence without direct authority.
- Demonstrated success in communicating effectively with business leaders.
Strategic and Analytical Abilities:
- Ability to consistently maintain an enterprise view aligned with business strategy, delivering outcomes while driving execution.
- Excellent reasoning abilities and sound judgment; resourceful, well-organized, and results-oriented.
- Skilled at asking thoughtful questions and appropriately challenging senior leaders to drive decision-making.
Communication Skills:
- Strong verbal and written communication skills, with the ability to deliver impactful presentations.
Code of Conduct & Business Integrity
AbbVie is committed to observe high integrity and ethical standards in all its business dealings with our customers, with each other, business partners and suppliers.
AbbVie as a responsible corporate citizen will adhere to these standards, as well as to local, national and international laws.
All AbbVie employees are responsible for maintaining the Company’s reputation for conduct in accordance with the highest level of business integrity, ethics and compliance with the law. Soliciting and/or accepting/attempting/offering bribes or any illegal gratification is therefore cause for immediate dismissal.
Candidate is therefore required to maintain the highest ethical standards in his conduct of Company affairs at all times and up hold the AbbVie Values.
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.
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