CDSM Senior External Cost Analyst

Responsibilities

• Contracting, Payments, and Financial Reconciliation
• Responsible for clinical drug supply contracting and payment activity, through final payment reconciliation.
• Ensure contract requests are submitted on time with the accurate business and financial sourcing information to avoid/minimize delays. Monitor contract-associated spend and proactively alert business stakeholders when purchase orders require additional funds to ensure continuity of services
• Confirm accuracy of supplier invoices based on contract details and guidance from Project Manager's overseeing suppliers' work. Authorize payment of invoices according to AbbVie's guidelines.
• Serve as the primary process owner and main point of contact for resolving supplier invoice discrepancies and payment issues, ensuring timely investigation, issue resolution, and compliance with AbbVie policies and contractual requirements.
• Systems and Reporting
• Primary subject matter expert on internal systems used to submit, track and reconcile contracts and related invoices/payments
• Generate monthly KPI metrics reports, and actionable reports supporting CDSM leadership and communicate to key stakeholders
• Utilize AI tools to improve performance
• Supplier and Vendor Management
• Collaborate with Department Management, Vendor Management, Procurement, Finance, and other internal stakeholders to secure Third Party Depot and Manufacturing services from outside suppliers
• Facilitate management of suppliers' financial information, including updates to existing suppliers and onboarding of new suppliers.
• Cross-Functional Collaboration and Strategic Support
• Build collaborative relationships with Project Managers, Category Managers, Outsourcing, CDO, etc. to reduce waste and maximize output.
• Lead and/or participate on cross-functional teams to support CDSM strategic imperatives.
• Lead continuous improvement initiatives and best practices across the company.
• Act as backup for the procurement of comparator drugs, labels, commodities needed to support Clinical Studies
• Bachelor's degree required (Engineering, Marketing Analysis, Operations, Economics, Logistics, Business Administration, Communications or Statistics or relevant business experience, preferred).
• Financial experience required.
• Experience supporting contract administration, invoice reconciliation, and payment processes.
• Strong analytical, organizational, and financial tracking skills.
• Ability to collaborate effectively across Procurement, Finance, Vendor Management, Project Management, and other internal stakeholder groups.
• Strong communication skills and ability to provide reporting and insights to leadership.
• Ability to manage multiple priorities while maintaining accuracy and timeliness.
• Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law:
• 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.
• AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives and serving our com

Benefits

Additional Information

Purpose The CDSM Senior External Cost Analyst is responsible for supporting clinical drug supply contracting, payment activity, supplier coordination, financial tracking, and cross-functional collaboration to ensure continuity of services and effective business operations. This position serves as a key subject matter expert on internal systems and processes related to contracts, invoices, payments, reporting, and supplier management, while also contributing to strategic initiatives, operational excellence, and performance improvement.

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