Financial Analyst – WW Instruments

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:

Professional

All Job Posting Locations:

Raynham, Massachusetts, United States of America

Job Description:

DePuy Synthes, a member of the Johnson & Johnson Family of Companies, is recruiting for a Financial Analyst - WW Instruments to support Worldwide Instrumentation. The location for this role is Raynham, MA.

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/.

 DePuy Synthes, part of the Johnson & Johnson Medical Devices Companies, provides one of the most comprehensive Orthopaedics portfolios in the world. DePuy Synthes solutions, in specialties including joint reconstruction, trauma, craniomaxillofacial, spinal surgery and sports medicine, are designed to advance patient care while delivering clinical and economic value to health care systems worldwide. For more information, visit www.depuysynthes.com

The primary scope of the Financial Analyst role is to provide finance and accounting support to the US and worldwide Depuy Synthes organization and to serve as a business partner to the DePuy Synthes Instruments stakeholders.

The candidate will provide financial insights that will help drive business objectives and keep management informed regarding performance and changes impacting financial results. The team supports an annual budget of approximately $400 million related to worldwide instrumentation.

Key responsibilities include:

• Serve as the finance partner supporting Instrumentation for the Spine business and collaborate with the supply and demand planning teams, business unit, franchise, and regional finance teams, commercial operations, and field audit and compliance teams
• Maintain processes and reporting for the regions and US Ortho platforms to gain a comprehensive view of instrument spend including capital expenditures, deployments to the field, instrumentation at distribution centers, loose goods, instrument scrap, depreciation, taxes and legal accruals, and profit-in-inventory (PII)
• Support profit-in-inventory (PII) process and TM1 PII tool by assisting with monthly submissions, access requests and reviews, and security and compliance requirements of the system and data used for the calculations
• Perform month-end closing activities including preparation of journal entries, accruals, account reconciliations, and reporting for instrument capital expenditures, deployments to the field, instrumentation at distribution centers, depreciation and loose goods expense, instrument scrap, taxes and legal accruals, impairments, disposals and related write offs, and profit-in-inventory (PII)
• Manage aspects of financial updates including Business Plan, Forecasts, actual vs budget and ad-hoc analyses
• Compliantly ensure all in scope financial reporting requirements are delivered
• Lead monthly financial performance reviews and identify risks and opportunities to the Business Plan and/or current forecasts
• Support business initiatives, projects, and operations by developing insights through analytics allowing leadership to advise decisions related to instrumentation spend for DePuy Synthes
• Promote the use of consistent processes and tools across the different businesses
• Participate in process improvements, ranging from existing processes to initiatives that add value to the business platforms
• Challenge business requests and decisions and develop alternative solutions while educating our business partners on financial issues and policies

Qualifications:

• A minimum of a bachelor’s degree or 5 years of internal experience within the Johnson & Johnson family of companies is required; a concentration or major in Accounting or Finance is preferred.
• A minimum of three (3) years of finance experience is required; equivalent knowledge of skills necessary to perform the position responsibilities preferred.
• Proficiency with Microsoft Office is required.
• Intermediate Microsoft Excel and Presentation skills required.
• Strong analytical skills with attention to detail is required.
• Knowledge of SAP, USROTC, and TM1 and/or similar financial systems preferred.
• Excellent organizational, analytical, conceptual, communication and interpersonal skills are required.
• The candidate must be a highly motivated self-starter who can independently partner as necessary across different levels of management and functional groups of a matrix organization to recommend solutions, required.
• The ability to work in a dynamic environment and be able to recommend and implement process improvements and handle multiple tasks simultaneously is required.
• Demonstrate strong financial leadership by providing recommendations for improving the value of the financial information supplied to upper management to make key strategic decisions is preferred.
• The location for this role is Raynham, MA. This role may require up to 10% 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.

The anticipated base pay range for this position is :

59,000-95,000

Additional Description for Pay Transparency:

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