Senior Financial Analyst, US Innovative Medicine, Gross-to-Net

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:

Finance Business Partners

Job Category:

Professional

All Job Posting Locations:

Titusville, New Jersey, United States of America

Job Description:

Johnson & Johnson Innovative Medicine, is recruiting for a  Senior Financial Analyst, US Innovative Medicine, Gross-to-Net.  This position can sit in Titusville, New Jersey. This role offers the flexibility of a hybrid working schedule, with days both in the office and remote each week.

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 .

“Gross-to-Net” (GTN) refers to the strategic discounts/rebates J&J Innovative Medicine provides to entities such as: the government, commercial insurance payers/providers, and many others throughout the complex pharmaceutical landscape. In this role, you will gain a deep understanding of the US healthcare system and how the brands that you support, operate within it. GTN is an area of critical importance and will continue to be a dynamic environment for years to come with high visibility.

The J&J Innovative Medicine Commercial US Gross-To-Net Senior Financial Analysts provides financial leadership and business partner support for all aspects of Gross-to-Net related to the Neuroscience (NS) Therapeutic Area.   This will require responsibility for influencing key strategies and business decisions to ensure patient access to our products across the evolving NS portfolio.

Additionally, the individual has channel responsibility for both actuals and forecast cycles of all of US Innovative Medicine for Medicaid Channel, Long-Term Care Facilities (LTC), and Group Purchasing Organizations (GPO).

Responsibilities:

• Influence and support the Gross-To-Net forecasting and actual processes while partnering across key stakeholders including Finance, Brand Management, Pricing Strategy, SCG, Business Analytics, Government Contract Compliance, and HCS.
• o   Prepare analysis and present to Senior Leaders across the Finance and Brand teams during Gross-to-Net alignment sessions for our NS Therapeutic Area for each major forecast update, using data and business insights to influence outcomes and drive informed decisions.
• ·       Provide accurate, timely, and compliant execution of quarter close activities.
• o   Provide clear communication and full visibility into quarterly results and fluctuations vs. forecast and prior periods to Finance Management, Brand Partners, and all other key stakeholders.
• ·       Complete quarterly Gross-to-Net Latest Thinking updates and provide explanation of key changes vs. official forecast to brand finance teams and prepare review materials as needed.
• ·       The SFA has channel responsibility for rebates across Medicaid, LTC, and GPO for both balance sheet reserves and forecast cycles.
• ·       Deliver exceptional value through identifying process improvements, reducing complexity and providing meaningful insights to enable excellence in business partnering and decision making.
• ·       Support continuous process improvement, simplification, and standardization with goal of increasing efficiency as well as improving forecast and reserve accuracy.
• ·       This position will also support ad-hoc projects and special requests on an as-needed basis.

Qualifications

• A minimum of a bachelor’s degree required; Accounting or Finance degree preferred.
• MBA, CPA, CMA, or other financial certifications preferred.
• A minimum of (3) three years finance experience is required.
• Must possess excellent analytical (MS Excel), conceptual, communication and interpersonal skills.
• Must think creatively and be able to work in a team environment.
• Must be able to effectively seek leadership roles in various functions.
• Must be able to work well in a dynamic environment and be able to recommend and implement process improvements, work independently, and handle multiple tasks simultaneously.
• Experience in the pharmaceutical, medical device, and/or consumer products industry is preferred.
• This position can be located in Titusville, NJ. This role offers the flexibility of a hybrid working schedule, with days both in the office and remote each week.
• This position may require up to 10% domestic 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:

Accelerating, Budgeting, Budget Management, Business Behavior, Coaching, Confidentiality, Data Analysis, Detail-Oriented, Expense Controls, Financial Analysis, Financial Disclosures, Financial Forecasting, Financial Modeling, Financial Reports, Financial Risk Management (FRM), Learning Agility, Leverages Information, Microsoft Office, Problem Solving, Process Optimization, Process Oriented, Relationship Building, Service Excellence, Stakeholder Management, Teamwork

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