Lead Financial Analyst, Government Contract Compliance

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

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 aLead Financial Analyst Government Contract Compliance. This position is based in Titusville New Jersey.

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 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 .

Position Overview and Responsibilities

This position is responsible for providing strategic support to the Johnson & Johnson Government Contract Compliance (GCC) team within Innovative Medicine US Commercial Finance. Operating in a highly dynamic and evolving market environment the role will lead comprehensive federal policy assessments and collaborate with cross functional teams to support the end-to-end implementation of the Medicare Drug Price Negotiations Program and related Medicaid program requirements including but not limited to compliance with Initial Price Applicability Year (IPAY) manufacturer requirements and the implementation of the Maximum Fair Price addition this role will ensure overall compliance with applicable government policies and internal procedures when performing Government Pricing. Furthermore 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 Pricing Strategy Finance as well as the Strategic Customer Group (SCG) Legal and other groups to assess and present the impact of various contracting strategies on government pricing and government compliance requirements ensuring appropriate treatment.

Key Responsibilities:

• Lead efforts in support Medicaid program requirements and Medicare Drug Price Negotiations Program including federal policy assessment compliance with iPAY manufacturer requirements and the execution of MFP. This includes collaborating with internal and external cross-functional teams to establish GP operational requirements support system design testing training and documentation. Identifying developing and integrating new requirements into GCC base business and evolving processes accordingly documentations and SOP/WI.

• GCC leadership for new system process design development testing training and implementation

• Ensure new policy requirement compliance by establishing CORE GP G/L and 340B (including subceiling) reconciliation processes identifying and developing validation reports and documenting procedures as SOPs/Work Instructions.

• Perform government-mandated calculations and refiles (Medicaid - AMP BP Medicare - ASP 340B FSS - NFAMP FCP etc.) for specific Brands. This involves understanding government pricing policies analyzing and interpreting data trends to comment on and ensure that variances in the calculation results from month to month quarter to quarter or versus WAC are appropriate.

• Forecast government prices and communicate 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 from a government pricing perspective and coordinate operational implementation efforts within various groups in SCG to ensure government pricing compliance.

• Lead ad hoc assessments of government pricing and contract compliance impact for various business requests including government voluntary pricing offers (e.g. 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 JJHCS Government Contracting Managers.

• Support ongoing FSS contract maintenance by ensuring compliance with government requirements such as timely reporting of changes in tracking customer pricing price reduction triggers new product additions deletion of old products etc.

• Follow and support maintenance of overall GCC compliance documentation ensuring Standard Operating Procedures Work Instructions Reasonable Assumptions Treatment Documents and other calculation files are updated relevant with key controls. Lead government pricing treatment or pricing escalation discussions with legal when applicable.

Qualifications:

• A minimum of a bachelors degree is required preferably with a major in Accounting or Finance

• Minimum of three (3) years finance or related business experience is required.

• Intermediate to advanced Excel skills are required (pivot tables VLOOKUPS formulas etc.)

• Must possess excellent analytical presentation communication and interpersonal skills

• Must work well to meet deadlines in a fast-paced 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.) is preferred

• CPA CMA MBA and/or other financial certification is preferred.

• This position will be located in Titusville NJ and may require up to 5% domestic travel.

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 and 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 email the Employee Health Support Center () or contact AskGS to be directed to your accommodation resource.

#Li-Hybrid

Required Skills:

Preferred Skills:

Budgeting Budget Management Coaching Communication Expense Controls Financial Analysis Financial Competence Financial Disclosures Financial Forecasting Financial Modeling Financial Reports Financial Risk Management (FRM) Financial Statement Analysis Leverages Information Problem Solving Relationship Building Technical Credibility Vendor Management

The anticipated base pay range for this position is :

$94000.00 - $151800.00

Additional Description for Pay Transparency:

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 corporations performance over a calendar/performance year. Bonuses are awarded at the Companys 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 Companys consolidated retirement plan (pension) and savings plan (401(k)). This position is eligible to participate in the Companys long-term incentive program. 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. 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.