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

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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.

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