Senior Financial Analyst, US Pharm, Gross-to-Net (GTN) - Johnson and Johnson
Titusville, NJ 08560
About the Job
At Johnson & Johnson,we believe health is everything. Our strength in healthcare innovation empowers us to build aworld where complex diseases are prevented, treated, and cured,where treatments are smarter and less invasive, andsolutions 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/.
For more than 130 years, diversity, equity & inclusion (DEI) has been a part of our cultural fabric at Johnson & Johnson and woven into how we do business every day. Rooted in Our Credo, the values of DEI fuel our pursuit to create a healthier, more equitable world. Our diverse workforce and culture of belonging accelerate innovation to solve the world's most pressing healthcare challenges.
We know that the success of our business - and our ability to deliver meaningful solutions - depends on how well we understand and meet the diverse needs of the communities we serve. Which is why we foster a culture of inclusion and belonging where all perspectives, abilities and experiences are valued, and our people can reach their potential. At Johnson & Johnson, we all belong.
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: insurance (i.e. Medicaid, Medicare, Commercial Insurance) and providers (i.e. Hospitals), and others (i.e. Wholesalers) 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 Oncology (ONC) Therapeutic Areas. This will require responsibility for influencing key strategies and business decisions to ensure patient access to our products. Additionally, the individual has channel responsibility for both actuals and forecast cycles of all of US Innovative Medicine Chargebacks (i.e. Hospitals, Physician's clinics, pharmacies, etc...)
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 ONC Therapeutic Areas 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 Chargebacks 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. 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.
- Must possess excellent analytical (MS Excel), conceptual, communication and interpersonal skills, required.
- Must think creatively and be able to work in a team environment, required.
- Must be able to effectively seek leadership roles in various functions, required.
• Experience in the pharmaceutical, medical device, and/or consumer products industry is preferred.
• This position is based in Titusville, New Jersey. Travel to Horsham, Pennsylvania may be required 20% of the time to meet with business partners. This role offers the flexibility of a hybrid working schedule, with 3 days in the office and 2 days remote each week.
The base pay range for this position is $76,000 - $121,900
The compensation and benefits information set forth in this posting applies to candidates hired in the United States. Candidates hired outside the United States will be eligible for compensation and benefits in accordance with their local market.
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
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.