Johnson & Johnson

Sr. Cost Analyst

Johnson & Johnson$62K — $101K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent in Accounting, Finance, Economics, or related field.
  • Minimum of 5 years in finance, cost accounting, or manufacturing-finance.
  • Solid grasp of standard costing and inventory accounting.
  • Advanced skills in Microsoft Excel and financial modeling.
  • Strong analytical and communication skills, with problem-solving capabilities.
  • Ability to deliver accurate analysis under tight deadlines, working independently.
  • Fluency in both English and Spanish.

Responsibilities

  • Lead cost setting and maintain product costs and labor standards.
  • Analyze cost per unit and production variances against standards and forecasts.
  • Support financial close for inventory and manufacturing costs, ensuring audit readiness.
  • Develop various cost assumptions for financial forecasts and business plans.
  • Identify and resolve costing issues, strengthening master data and controls.
  • Validate project costs and improvements, ensuring accurate financial oversight.
  • Collaborate across functions to enhance costing insights and financial efficiency.

Benefits

  • Medical, dental, and vision insurance coverage.
  • Life insurance and business accident insurance.
  • Long- and short-term disability coverage.
  • Participation in retirement and savings plans, including 401(k).
  • Generous vacation and sick leave policies.
  • Parental leave of up to 480 hours.
  • Personal and family time off, totaling up to 40 hours.
Full Job Description
Job Function:
Finance

Job Sub Function:
Financial Planning & Analysis

Job Category:
Professional

All Job Posting Locations:
Anasco, Puerto Rico, United States of America

Job Description:

Johnson & Johnson is hiring a Senior Cost Analyst in Añasco, Puerto Rico. This role offers an exciting opportunity to contribute and support J&J Surgical Vision operations.

Position Overview

This position supports the J&J Surgical Vision operations located in Añasco, Puerto Rico reporting to the Site Controller, serving as the Finance Partner from a cost analysis and finance control standpoint providing accurate, timely, and relevant financial analysis. Participates in business planning, and Forecasting. Apply financial and general business expertise to provide analysis and leadership in cost accounting & financial reporting, including validation of projected and realized cost savings.

Key Responsibilities
  • Lead standard cost setting and maintain product costs, labor standards, rates, routings, and manufacturing assumptions.
  • Analyze cost per unit and key production variances against standard, budget, forecast, and prior year.
  • Support financial close for inventory, production costs, manufacturing variances, and assigned accounts, including entries, reconciliations, and audit-ready documentation.
  • Develop cost, volume, absorption, freight, material-price, and productivity assumptions for forecasts and business plans.
  • Identify costing, master-data, valuation, and control issues and drive timely resolution.
  • Provide financial oversight for process-improvement initiatives by validating project costs, recurring benefits, offsets, and realized savings against operational and financial evidence, while improving costing models, reporting, controls, and data quality.
  • Partner across the site to provide actionable costing insights, strengthen cost visibility and financial efficiency, promptly communicate material risks and opportunities, and support ad hoc financial analysis.


Required Qualifications
  • Bachelor's degree or equivalent experience in Accounting, Finance, Economics, or a related field.
  • Minimum of 5 years of relevant finance, cost accounting, or manufacturing-finance experience.
  • Solid understanding of standard costing, inventory accounting, manufacturing variances, cost-per-unit analysis, forecasting, and financial reporting.
  • Advanced Microsoft Excel and financial-modeling skills.
  • Strong analytical, communication, problem-solving, and business-partnering capabilities.
  • Ability to work independently and deliver accurate analysis under tight deadlines.
  • Proficiency in English and Spanish.


Preferred Qualifications
  • CPA, CMA, MBA, or equivalent certification or advanced degree.
  • SAP or comparable ERP experience, including product costing and manufacturing transactions.
  • Experience in medical devices, pharmaceutical, healthcare, or another regulated manufacturing environment.
  • Experience validating continuous improvement savings and supporting product or manufacturing changes.


Strengths
  • Standard Costing and Cost-per-Unit Analysis
  • Absorption, Volume, MUV, PPV, Freight, and Manufacturing Variances
  • Financial Planning, Controls, and Audit Readiness
  • Savings Validation and Continuous Improvement
  • Cross-Functional Business Partnership


#Li-Hybrid

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 :
$62,000-$101,200

Additional Description for Pay Transparency:
Subject to the terms of their respective plans, employees and/or eligible dependents are eligible to participate in the following Company sponsored employee benefit programs: medical, dental, vision, life insurance, short- and long-term disability, business accident insurance, and group legal insurance. 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 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 Condolence Leave - 30 days for an immediate family

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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