6090-Johnson & Johnson Services Legal EntityTitusville, New Jersey
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: People Leader All Job Posting Locations: Horsham, Pennsylvania, United States of America, Titusville, New Jersey, United States of America Job Description: J&J Innovative Medicine Pharmaceuticals Inc., a member of Johnson & Johnson's Family of Companies, is recruiting for a Senior Finance Manager, J&J Innovative Medicine US Strategic Pricing based in Titusville, NJ. About Innovative Medicine 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 The Senior Finance Manager, J&J Innovative Medicine US Strategic Pricing will be the key primary contact for several critical cross-portfolio J&J Innovative Medicine Pricing activities. These include but are not limited to the Inflation Reduction Act, Emerging Government Policies, List Price Action analysis, the J&J Innovative Medicine US Transparency Report, and Long-Range Financial Planning. In addition, this role will have oversight for the Neuroscience, Pulmonary Hypertension, and Established Product Group pricing finance activities and supervise a Manger and a Senior Financial Analyst. This role will have significant visibility and impact for the J&J Innovative Medicine US Commercial organization. The selected candidate will cover consolidated analysis and activities for over $40B of Gross-to-Net investment across seven therapeutic areas in various stages of the product lifecycle. Due to the high degree of strategic impact, this role will frequently present to the Company Group Chair, Chief Strategic Customer Officer, Regional CFO, and Business Unit Presidents. Additionally, a key responsibility of this role will be leadership for the Inflation Reduction Act (IRA) for J&J Innovative Medicine US. The Inflation Reduction Act (IRA) is a law that was passed in August 2022, and is the largest government policy change to the prescription drug market since the Medicare Modernization Act of 2003. The IRA includes several provisions that are designed to lower prescription drug prices for Medicare beneficiaries, including rebates for price increases above inflation, government negotiation of drug prices, and a redesign of Medicare Part D benefits. The Senior Finance Manager will supervise a manager that will cover more detailed analytics and tactical aspects of the IRA, and will play a key role in leadership updates. They will also ensure strong continuity across functions (SCG, Commercial Excellence, Brand Management, Business Development, and R&D) to help drive education as well as influence strategic choices across the J&J Innovative Medicine US portfolio. In addition to the IRA, the selected candidate will partner with our policy team to assess the financial implications of emerging government policies for the J&J Innovative Medicine US portfolio. Lastly, the Senior Finance Manager will supervise a Senior Financial Analyst and provide strategic guidance to the Neuroscience, Pulmonary Hypertension, and Established Product Group therapeutic areas. They will be responsible for influencing pricing strategies and helping to ensure patient access to our portfolio of products. This role requires a high degree of professional judgment, intellectual curiosity, and executive presence. The selected candidate will frequently be dealing with highly confidential matters, and present analysis to senior management to shape and influence decisions with a material impact to the J&J Innovative Medicine US business. Responsibilities: Lead for the annual Long Range Financial Plan for Strategic Pricing Finance, including coordination of timelines, partnering with FP&A, and developing / presenting content for leadership reviews. Leadership role for Inflation Reduction Act (IRA), including: Partnering with SCG in ongoing workstreams (leadership meetings, sprint teams, etc) to ensure close integration and coordination of efforts. Partnering across functions to ensure alignment on assumptions and interpretation, including Global Pricing, R&D Finance, and Business Development. Lead all activities for list price action analysis including senior management presentations, tactical coordination, and ongoing reporting requirements (list/net price updates, quarterly financial reporting, etc). Develop new and dynamic model to more quickly respond to questions from senior management and enable scenario analysis. Develop process for communication to senior management on any implications related to IRA CPI penalties. Finance lead for the annual J&J Innovative Medicine Transparency report and ongoing vignettes/narratives, in partnership with the Communications team. Ensure accuracy and compliance for financial information, shape and influence narratives. Lead for Master Agreements across all payers; including analytics and guiding approval process. Lead for other FP&A activities, including: Ensuring strong and proactive communication to pricing finance team on upcoming deliverables (i.e. GTN handoffs, quarterly financial submission requirements. Quarterly and Annual Revenue Recognition SOX requirements. Support continuous process improvement, simplification, and standardization with goal of increasing efficiency as well as improving forecast and reserve accuracy. Primary point of contact for US Pricing Finance BD requests. Provide pricing finance leadership for NS, PH, and EPG TA’s. Lead and participate in ad hoc strategic projects and special requests. This position reports to the Finance Director, J&J Innovative Medicine US Strategic Pricing and manages a team of one Manager and one Senior Financial Analyst. Education: A minimum of a Bachelor’s degree is required, preferably in Finance or Accounting. A CPA, CMA, or MBA is preferred. Qualifications A minimum of 7 years of finance/accounting experience is required. Prior experience with pharmaceutical GTN or strategic pricing is strongly preferred. Individual must possess excellent analytical, conceptual, communication, and business partnering skills. Individual must work well in a dynamic, matrix style, complex environment and be able to and handle multiple projects simultaneously. Ability to work in a fast-paced environment and manage well through ambiguity and complexity. Ability to execute and follow-through to completion and ensure key documentation requirements are met. Ability to indirectly influence across multiple senior level professionals and across operating companies/sectors. Ability to function independently with minimal direction to achieve objects. Strong business acumen and high degree of professional judgement. This position is based in Titusville, NJ and will require up to 10% domestic travel. An internal pre-identified candidate for consideration has been identified. However, all applications will be considered. The expected base pay range for this position is $120,000 to $185,000. 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. 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 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 Condolence Leave – 30 days for an immediate family member: 5 days for an extended family member Caregiver Leave – 10 days Volunteer Leave – 4 days Military Spouse Time-Off – 80 hours Additional information can be found through the link below. https://www.careers.jnj.com/employee-benefits Johnson & Johnson is an 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, disability, protected veteran status or other characteristics protected by federal, state or local law. We actively seek qualified candidates who are protected veterans and individuals with disabilities as defined under VEVRAA and Section 503 of the Rehabilitation Act. Johnson & Johnson is committed to providing an interview process that is inclusive of our applicants’ needs. If you are an individual with a disability and would like to request an accommodation, please contact us via https://www.jnj.com/contact-us/careers or contact AskGS to be directed to your accommodation resource. The anticipated base pay range for this position is : 120000-185000 Additional Description for Pay Transparency:
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