Senior Financial Analyst, US Pharm, 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:

Financial Planning & Analysis

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 Pharm, 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 Innovative Medicine, we are working to create a world without disease. Transforming lives by finding new and better ways to prevent, intercept, treat and cure disease inspires us. We bring together the best minds and pursue the most promising science. We are Johnson & Johnson. We collaborate with the world for the health of everyone in it.

“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 will provide financial leadership and business partner support for all aspects of Gross-to-Net related to the ITCI integration. This will require responsibility for influencing key strategies and business decisions to ensure successful integration of the current ITCI processes into the JJIM processes.

Responsibilities:

• Influence and support the integration of our 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.
• Prepare analysis and present to Senior Leaders across the Finance and Brand teams during Gross-to-Net alignment sessions for the ITCI business 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.
• 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.
• Partner closely with the ITCI integration team to ensure that systems and processes are set up
• 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

 

Education:

• 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.

Experience/Skills:

• 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.

Other:

• 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.

Required Skills:

 

 

Preferred Skills:

Analytical Reasoning, Benchmarking, Budgeting, Communication, Consulting, Data Savvy, Econometric Models, Execution Focus, Financial Analysis, Financial Competence, Financial Modeling, Financial Planning, Financial Reports, Financial Risk Management (FRM), Operational Excellence, Problem Solving

 

 

The anticipated base pay range for this position is :

$94,000.00 - $151,800.00

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