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

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, Government Contract Compliance Finance (GCC). This position is based in Titusville, New Jersey. This role offers the flexibility of a hybrid working schedule, with 3 days in the office and 2 days 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/ .

At J&J Innovative Medicine, what matters most is helping people live full and healthy lives. We focus on treating, curing, and preventing some of the most devastating and complex diseases of our time. And we pursue the most promising science, wherever it might be found. Our mission drives us. Our patients inspire us. We collaborate with the world for the health of everyone in it.

Our expertise in Innovative Medicine is informed and inspired by patients, whose insights fuel our science-based advancements. Visionaries like you work on teams that save lives by developing the medicines of tomorrow. Join us in developing treatments, finding cures, and pioneering the path from lab to life while championing patients every step of the way. Learn more at: https://www.jnj.com/innovative-medicine

Overview:

This position will be accountable for supporting the Johnson & Johnson Government Contract Compliance (GCC) team that is part of Innovative Medicine US Commercial Finance. This role will build skills to understand and ensure compliance to applicable government policies and internal procedures when performing Government Pricing and State Price Transparency Reporting. Additionally, this role will partner with Gross-to-Net (GTN) during the forecast cycles to provide handoffs related to the Medicaid, Medicare, Federal Supply Schedule & 340B Programs for supported Brands. This position will also collaborate closely with Pricing Strategy Finance as well as the Strategic Customer Group (SCG), Legal, and other groups to assess and present the impact of various contracting strategies on government pricing and government compliance and state reporting requirements, ensuring appropriate treatment.

Key Responsibilities:

• Performing government-mandated calculations and refiles (Medicaid - AMP, Best Price, Medicare - ASP, 340B, FSS - NFAMP, FCP, etc.) for specific Brands. This involves understanding government pricing policies, analyzing and interpreting data trends in order to comment on and ensure that variances in the calculations from month to month, quarter to quarter, or versus WAC are appropriate.
• Forecast government prices and communicate significant government pricing calculation variances with potential impact to GTN.
• Review Contract Pricing Committee (CPC) pricing strategies and present GCC impact at CPC meetings for supported Brands and from a government pricing perspective and coordinate operational implementation efforts within various groups in SCG and HCS to ensure government pricing compliance.
• Lead ad hoc assessments of government pricing and contracts compliance impact for various business requests including government voluntary pricing offers (i.e., subceiling, VA temporary voluntary price, Medicaid supplemental, ASP bio-similar analysis, combined product offers, value-based purchasing offers, etc.)
• Support new product launches and lead in the establishment of product offers and contract prices for government channels collaborating with various SCG business partners and HCS government contracting managers.
• Support ongoing Federal Supply Schedule (FSS) contract maintenance for VA/DOD by ensuring compliance to government requirements, such as timely reporting of changes in tracking customer pricing, price reduction triggers, new product additions, deletion of old products, etc.
• Follow and support maintenance of overall GCC compliance documentation ensuring Standard Operating Procedures, Work Instructions, Reasonable Assumptions, Treatment Documents and other calculation files are updated, relevant with key controls. Lead government pricing treatment or pricing escalation discussions with legal when applicable.

Qualifications/Requirements:

Education

• Minimum of a bachelor’s degree is required, preferably a major in Accounting or Finance.
• Advanced degree (e.g. MBA) and/or additional certifications (e.g. CPA/CMA) preferred.

Experience/Skills

• Minimum of 3 years finance or related business experience is required.
• Intermediate to advanced Excel skills to include pivot tables, VLOOKUPS, and formulas are required.
• The ability to create and deliver PowerPoint presentations to various levels of the organization, including leadership is required.
• Must possess excellent analytical, presentation, communication, and interpersonal skills, required.
• Must work well to meet deadlines in a fast-paced, dynamic, team environment and be able to recommend and implement process improvements, work independently, and handle multiple tasks simultaneously, required.
• Ability to effectively take on leadership roles in various functions is required.
• This area is complex and will require a person who can learn quickly.
• Experience in public accounting, pharmaceuticals, managed care, or government healthcare programs (Medicaid, 340B, etc.) are strongly preferred.
• This position will be located in Titusville, NJ and may require up to 5% domestic travel.

The base pay range for this position is $77,000- $124,200

The Company maintains highly competitive, performance-based compensation programs. Under current guidelines, this position is eligible for an annual performance bonus in accordance with the terms of the applicable plan. The annual performance bonus is a cash bonus intended to provide an incentive to achieve annual targeted results by rewarding for individual and the corporation’s performance over a calendar/performance year. Bonuses are awarded at the Company’s discretion on an individual basis.

Employees and/or eligible dependents may be 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.

Employees may be eligible to participate in the Company’s consolidated retirement plan (pension) and savings plan (401(k)).

Employees are eligible for the following time off benefits:

Vacation – up to 120 hours per calendar year

Sick time - up to 40 hours per calendar year

Holiday pay, including Floating Holidays – up to 13 days per calendar year of Work, Personal and Family Time - up to 40 hours per calendar year

Additional information can be found through the link below. https://www.careers.jnj.com/employee-benefits

The compensation and benefits information set forth in this posting applies to candidates hired in the United States.

Johnson & Johnson is an Affirmative Action and 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, or protected veteran status and will not be discriminated against on the basis of disability.

The anticipated base pay range for this position is:

Additional Description for Pay Transparency:

Push the boundaries of science to transform health—and your career.

Join us and advance life-changing treatments for people who need them most. At Johnson & Johnson, our focus is on improving global health equity and developing MedTech and pharmaceutical innovations that impact the future of health. Using AI and robotics to transform surgery or helping data scientists and clinicians formulate new ways to diagnose and treat disease, this work may sound like sci-fi, but it’s all science, all real, and could be your career. Whatever your background, skills, or career goals, there’s a place for you to help solve some of the world’s most pressing health challenges with us.

Accelerate your career while changing the world.

Each of our broadly-based family of companies offers an inclusive and empowering culture and employee benefits (like paid time off to volunteer, transgender-inclusive and same-sex partner health insurance coverage, and more) designed to help you live your best life, however you define it. And our best-in-class learning and development approaches, mentorship, and access to innovators across the world will help you grow your skills and reach your career goals. Because when you're at your best, nothing stands between you and your next breakthrough.