Senior Financial Analyst - Gross to Net & Pricing

Job description

At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at jnj.com As guided by Our Credo, Johnson & Johnson is responsible to our employees who work with us throughout the world. We provide an inclusive work environment where each person is considered as an individual. At Johnson & Johnson, we respect the diversity and dignity of our employees and recognize their merit. Job Function: Finance Job Sub Function: Financial Planning & Analysis Job Category: Professional All Job Posting Locations: Cincinnati, Ohio, United States of America, Raritan, New Jersey, United States of America Job Description: Johnson & Johnson MedTech Surgery U.S. is recruiting for a Senior Financial Analyst - Gross to Net & Pricing. The role reports to the Finance Manager GTN and Pricing. The preferred locations for this role are Cincinnati, Ohio and Raritan, NJ. At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at https://www.jnj.com/. Johnson & Johnson MedTech Surgery provides one of the most comprehensive surgical device portfolios in the world – including Sutures, Biosurgicals, Surgical Staplers & Energy devices and Robotically enabled diagnostic solutions. Our aspiration is to treat the highest areas of unmet need through a full continuum of surgical treatments with products, solutions, and digital advancements. Key Responsibilities: Provide finance leadership and decision support for components of Ethicon’s gross to net reserve (~$600MM) Own and drive monthly and quarterly close process as well as business forecast updates as required Partner with J&J HCS (Health Care Systems), Ethicon Channel Management, Ethicon Strategic Customer Group Finance and Ethicon Commercial Finance to understand key business drivers for trends in contracting and distributor behavior Develop analytics to drive better understanding of EUS (End User Sales), NTS (Net Trade Sales), and Distributor Inventory patterns to track business and contracting movements as well as identify any potential risks/opportunities. Develop analytics to proactively identify price risks/opportunities impacting net trade sales and gross profit at a detailed level. Develop mitigation strategies to improve future impacts. Ensure monthly/quarterly journal entries are completed accurately and compliantly. Entries are booked at the SKU level. Ensure compliance requirements are met as it relates to quarterly closes, audits, business processes and conduct; work with J&J Global Audit and Assurance (GAA) and PWC as required Partner with commercial finance to continue to improve reporting to business partners, planning cycles, and communication of items impacting ASPs and data integrity. Qualifications A minimum of a bachelor’s degree is required; An Accounting or Finance degree is preferred. A CPA, CMA, MBA or other financial certifications are preferred. A minimum of 3 years’ business experience is required. Candidate must possess excellent analytical, conceptual, communication and interpersonal skills while working in a dynamic, cross-cultural team environment Strong financial analysis, business partnering, team building, and influence management skills are preferred Individual must work independently, handle several tasks simultaneously, complete tasks on tight deadlines, and effectively take on leadership roles in various areas Strong working knowledge and understanding of US GAAP, J&J WWP’s, and J&J Finance standard methodologies is preferred Desire and drive to understand end to end process; root cause analysis and issue resolution are required Demonstrates an understanding of AI concepts and frameworks, including awareness of responsible and ethical AI practices, and has experience generating effective prompts to boost efficiency and productivity Position will be based in Raritan, NJ or Cincinnati, OH and may require up to 5% travel Johnson & Johnson is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, protected veteran status or other characteristics protected by federal, state or local law. We actively seek qualified candidates who are protected veterans and individuals with disabilities as defined under VEVRAA and Section 503 of the Rehabilitation Act. Johnson & Johnson is committed to providing an interview process that is inclusive of our applicants’ needs. If you are an individual with a disability and would like to request an accommodation, external applicants please contact us via https://www.jnj.com/contact-us/careers . Internal employees contact AskGS to be directed to your accommodation resource. Required Skills: Preferred Skills: Analytical Reasoning, Budgeting, Business Behavior, Coaching, Communication, Consulting, Data Savvy, Econometric Models, Execution Focus, Financial Analysis, Financial Modeling, Financial Planning, Financial Reports, Financial Risk Management (FRM), Learning Agility, Microsoft Office, Operational Excellence, Problem Solving, Stakeholder Management The anticipated base pay range for this position is : $79,000.00 - $127,650.00 Additional Description for Pay Transparency: Subject to the terms of their respective plans, employees are eligible to participate in the Company’s consolidated retirement plan (pension) and savings plan (401(k)). This position is eligible to participate in the Company’s long-term incentive program. Subject to the terms of their respective policies and date of hire, employees are eligible for the following time off benefits: Vacation –120 hours per calendar year Sick time - 40 hours per calendar year; for employees who reside in the State of Colorado –48 hours per calendar year; for employees who reside in the State of Washington –56 hours per calendar year Holiday pay, including Floating Holidays –13 days per calendar year Work, Personal and Family Time - up to 40 hours per calendar year Parental Leave – 480 hours within one year of the birth/adoption/foster care of a child Bereavement Leave – 240 hours for an immediate family member: 40 hours for an extended family member per calendar year Caregiver Leave – 80 hours in a 52-week rolling period10 days Volunteer Leave – 32 hours per calendar year Military Spouse Time-Off – 80 hours per calendar year For additional general information on Company benefits, please go to: - https://www.careers.jnj.com/employee-benefits