GS Finance RevenueRoyalty Analyst

At Johnson & Johnsonwe believe health is everything. Our strength in healthcare innovation empowers us to build aworld where complex diseases are prevented treated and curedwhere treatments are smarter and less invasive andsolutions are 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 more at .

As guided by Our Credo Johnson & Johnson is responsible to our employees who work with us throughout the world. We provide an inclusive work environment where each person is considered as an individual. At Johnson & Johnson we respect the diversity and dignity of our employees and recognize their merit.

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At Johnson & Johnson we believe good health is the foundation of vibrant lives thriving communities and forward progress. Thats why for more than 130 years we have aimed to keep people well at every age and every stage of life. Today as the worlds largest and most broadly-based healthcare company we are committed to using our reach and size for good. We strive to improve access and affordability create healthier communities and put a healthy mind body and environment within reach of everyone everywhere.

Every day our more than 130000 employees across the world are blending heart science and ingenuity to profoundly change the trajectory of health for humanity.

Responsible for providing general accounting and administrative support to the finance department.

Reviews account analysis of all related balance sheet and income statement accounts. Examines and validates various financial transactions related to revenue. Monitors the audits identification and correction of discrepancies and variances in various accounting reports. Prepares the balance sheet profit and loss statements and consolidated financial statements. Performs monthly closings within the department. Assesses and reports on improvements to accounting system processes policies and procedures. Analyzes researches and recommends solutions for complex accounting issues.

Responsibilities

The Revenue/Royalty Accounting Analyst is responsible for accurate endtoend accounting of royalty expenses contract interpretation support monthend close activities reconciliations and reporting. This role ensures royalties are calculated accrued and paid in accordance with contractual terms and accounting standards (IFRS/US GAAP) and supports internal and external audits.

Key responsibilities include:

• Process and validate royalty calculations for license or development agreements ensure calculations follow contract terms and approved rates.

• Record and post royalty expense accruals and adjustments during monthend close.

• Maintain and update royalty master data and contract database.

• Prepare journal entries in Blackline for royalty transactions accruals reversals and corrections; ensure timely and accurate posting in the ERP system.

• Support preparation of monthly/quarterly royalty reporting for management including variance analysis versus budget/forecast.

• Assist with tax and withholding calculations related to crossborder royalty payments.

• Support internal and external audits.

• Work with Legal and Commercial teams to clarify contract interpretation that affect accounting treatment.

• Identify process improvements and implement controls to reduce errors and increase automation (e.g. templates reconciliations system enhancements).

• Responsible for the accuracy of Royalty accounting entries and Reconciliations in accordance with GAAP Compliance Internal Audit and SOX requirements.

• Understanding of accounting technical requirements.

• Understanding controls applicable in the process.

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Requirements

• Bachelors degree in accounting Finance Economics or related fields.

• 24 years of relevant accounting experience.

• Experience with monthend close processes and preparing journal entries and reconciliations.

• Technical knowledge of IFRS and/or US GAAP

• Experience with ERPs (SAP preferred).

• Advanced English.

• Experience in Shared Services environments.

Preferred Knowledge Skills and Abilities:

• Analytical Reasoning & Problem Solving: Exhibits strong problem-solving skills risk assessment and data-driven decision-making to avoid costs attention to detail and mitigate risk.

• Collaboration: Works with others to achieve common goals sharing ideas and perspectives. Fosters mutual respect for knowledge experiences contributions and inputs. Key behaviors include listening understanding needs reaching consensus team player co-creating and sharing knowledge

• Proactive: Anticipates situations and seizes opportunities taking initiative in addressing them. Actively seeking efficiency and knowledge to support stakeholders.

• Communication: effectively communicate with various levels of the organization both locally and abroad.

• Compliance management: Ensures adherence to laws regulations and policies for ethical and legal conduct. Understands financial controls participating in audits and maintains strong compliance awareness and skepticism.

• Digital: Actively supports companys digitalization goals focusing on process automation and reimagining work methods. Values adaptability resilience and challenging the status quo along with continuous improvement through technology (excel).

Job location/Organization

Bogotá

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