Janssen Pharmaceuticals, Inc. is recruiting for a Senior Financial Analyst, located in Titusville, NJ.
At the Janssen Pharmaceutical Companies of Johnson & Johnson, 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.
Janssen Pharmaceuticals, Inc. provides medicines for an array of health concerns in several therapeutic areas, including Cardiovascular, Metabolic, Mental Health, Infectious Disease, Immunology, Oncology and Pain Management. Please visit www.JanssenPharmaceuticalsInc.com for more information.
We are Janssen. Our mission drives us. Our patients inspire us. We collaborate with the world for the health of everyone in it.
This position will be accountable for supporting several areas within the Johnson & Johnson Government Contract Compliance (GCC) team that is part of the Janssen Commercial and Government Finance and Compliance function. This includes understanding and ensuring compliance to applicable government policies and internal procedures when performing Government Pricing. 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 Janssen Pricing Strategy Finance as well as the Strategic Customer Group (SCG), Legal, and groups within Johnson & Johnson Health Care Systems (HCS) to assess and present the impact of various contracting strategies on government pricing and government compliance requirements, ensuring appropriate treatment. Specific requirements include:
AMP, BP, 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 calculation results from month to month, quarter to quarter, or versus WAC are appropriate
Support finance forecasting and/or general business cycles with government pricing forecast and communication of 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 FSS contract maintenance 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.
Support overall GCC compliance efforts ensuring Standard Operating Procedures, Work Instructions, Reasonable Assumptions, Treatment Documents and other calculation files are updated, relevant with key controls followed and documented. Lead government pricing treatment or pricing escalation discussions with legal when applicable
Support state price transparency reporting that requires review/interpretation of pending/enacted bills, cross-functional collaboration to collect highly confidential data, alignment with legal, and completion of state reporting submissions as required specific to each state
Minimum of a bachelor's degree is required, preferably a major in Accounting or Finance.
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.
Must work well in a dynamic team environment and be able to recommend and implement process improvements, work independently, and handle multiple tasks simultaneously.
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 a strong plus.
CPA, CMA, or other financial certifications preferred.
This position will be located in Titusville, NJ and may require up to 5% domestic travel
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.
United States-New Jersey-Titusville-1125 Trenton Harbourton Road
Johnson & Johnson Services Inc. (6090)
Johnson & Johnson