Director, Internal Controls CoE

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 . Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn. Job Description The Internal Controls CoE manages the organization's compliance with the Sarbanes Oxley Act (SOX) and control improvement initiatives. This position provides support, and management of AbbVie's program for compliance with SOX Section 404, which requires all functions to document, test and assess internal controls over financial reporting. This position will lead the Program Management Office functions including: program planning, testing scoping, scheduling, and guidance; communication with Division and Corporate functions; updating or developing program tools and processes; monitoring of program status and schedule; and leading training and process improvement initiatives; assisting in the management and resolution of issues; review of internal control deficiencies; providing guidance for the evaluation and remediation of deficiencies; monitoring of remediation activities; and determination of readiness for review by internal and external auditors. Responsibilities: The Director assists with the responsibility of the global SOX program ensuring compliance with AbbVie's SOX program standards. Manage the program schedule to ensure deliverables are met (includes all AbbVie deliverables to PMO and PMO deliverables to E&Y). This position will lead all activities and duties in the Internal Controls CoE through both direct reporting relationships and a matrix structure. It coordinates the management of the integrated process, risks and controls. This includes reviewing processes and systems and assessing controls both inside and outside the finance function. Review completed internal control documentation, evaluates testing results, reviews ratings and conclusions, and evaluate/prioritize all deficiencies. Communicate expectations for remediation of deficiencies and monitor remediation efforts. Act as subject matter expert for internal control matters globally by advising management and control owners in various functions across Finance and IT such as Corporate, Commercial, Operations, and R&D. Stay current on developing audit regulatory standards and controls technology to provide subject matter expertise to control owners and management to ensure control requirements meet audit standards. Provides functional leadership and comprehensive ongoing support to department managers for the completion of all AbbVie SOX Section 404 and 302 requirements including oversight of the finance an information technology components of the program. Evaluate resource needs and oversee team annual projects to successful completion. Evaluate and propose process improvements to improve efficiency and effectiveness of global SOX program and control environment including technology improvements. Manages testing schedule and liaises with third-party resources, internal resources, Internal Audit, and external auditors. Assists in completing the annual scoping activities in a timely and thorough manner. Assists in identifying and analyzing all relevant matters that could impact SOX scope and propose related approaches (during annual scoping and ongoing). Coordinate SOX audit testing, audit requirements and SOX controls audit timing, and deficiencies with AbbVie external auditors. Continually interfaces with senior leaders to maintain knowledge of changes in the business and emerging risks which could impact SOX compliance or internal control environment. Manages impacts to and making updates to the control environment through various projects within the company such as process changes, system implementations, reorganizations, fraud incidents, and business combinations/acquisitions. Prepares ongoing/periodic status and deficiency reports for management. Prepares executive reporting on program status for executive sponsors and audit committee. Identify opportunities to improve / streamline current department processes and procedures. Lead team of Internal Controls professional. Provide coaching and oversight to team of 5 and one to two indirect reports. Complete ad hoc analysis and reviews of internal controls within all functions. Qualifications Bachelor's degree in Accounting or Finance CPA preferred or other relevant certifications a plus (e.g. CIA, CFE) 12+ years of Auditing, Controls, Accounting, or Finance experience. Part of the experience would have been obtained from employment with a major Public Accounting firm and/or as a member of an Internal Controls function of a U.S. public company. 5+ years of people leader experience desirable Ability to work independently and adjust priorities to achieve accurate and timely results Strong communication skills (verbal and written) and ability to collaborate across functions and with executive leadership Ability to identify process improvement opportunities and aptitude for continuous improvement and change Ability to understand the big picture while leveraging technical knowledge at a process/control level Proficiency in Microsoft Office tools (e.g., Excel, PowerPoint, and Word) Proficiency in GRC tools such as Workiva Availability to travel up to 10% Additional Information 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 short-term incentive programs. "‹ 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, 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 US & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more: Salary: $151,500 - $288,000

Created: 2024-11-05