Johnson & Johnson

Senior Financial Analyst - Gross to Net & Pricing

Johnson & Johnson$79K — $127K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; Accounting or Finance preferred.
  • CPA, CMA, MBA or relevant financial certifications preferred.
  • Minimum 3 years of business experience required.
  • Excellent analytical, communication, and interpersonal skills imperative.
  • Strong financial analysis and business partnering skills preferred.
  • Ability to work independently and manage multiple tasks under tight deadlines.
  • Understanding of US GAAP and J&J financial standards preferred.

Responsibilities

  • Provide financial leadership for Ethicon's gross to net reserve (~$600MM).
  • Drive monthly and quarterly close processes and business forecasts.
  • Collaborate with various J&J teams to analyze business drivers for contracting trends.
  • Develop analytics to monitor EUS, NTS, and distributor inventory patterns.
  • Identify and mitigate price risks that affect net trade sales and gross profit.
  • Ensure accurate and compliant journal entries are completed.
  • Support continuous improvement of reporting and communication for commercial finance.

Benefits

  • Eligible for the Company’s consolidated retirement and savings plans.
  • Participate in the long-term incentive program.
  • 120 hours of vacation per calendar year.
  • 40 hours of sick time per calendar year; varying based on state residency.
  • 13 days of holiday pay, including floating holidays.
  • Up to 40 hours per year for personal and family time.
  • 480 hours of parental leave for birth/adoption/foster care within a year.
Full Job Description
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.

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

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

About Johnson & Johnson

Scio Diamond creates single-crystal Type IIa diamonds for the jewelry market and for industrial applications. It employs a patent-protected chemical vapor deposition (CVD) process in a precisely controlled laboratory setting to produce diamonds. It was founded in 2009 and is headquartered in Greenville, South Carolina.

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Learn more about Johnson & Johnson
Size
141,700 employees
Market Cap
$462.7 billion
Industry
Net Income
$14.7 billion
Founded
1886
5 Year Trend
+5.5%
Revenue
$82.5 billion
NASDAQ

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