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:
Titusville, New Jersey, United States of America
Job Description:
Johnson and Johnson is recruiting for the Finance Manager Government Contract Compliance role. This position is based in Titusville, NJ.
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/
Position Overview
'This position is responsible for supporting Government Contract Compliance for select therapeutic area within Johnson & Johnson Innovative Medicine. It involves overseeing and approving all government price calculations while ensuring adherence to all applicable policies and procedures related to government contracts. The role requires frequent coordination with Legal and HCC/GCCO teams to maintain compliance with evolving regulatory requirements including the Inflation Reduction Act. Additionally, this position collaborates with the Strategic Customer Group and Pricing business partners, as well as GPA colleagues, to assess the impact of government contracting on commercial strategies and ensure that pricing calculations align with regulatory standards and addition to leading product launch readiness for government channels.
Key Responsibilities :
Government Price Calculations & Compliance: Manage the review, and approval government pricing calculations (actuals and forecast), including Medicaid AMP & BP, Medicare ASP, 340B, FSSNFAMP, and FCP for specific brands. This involves thorough review, data analysis, and interpretation of trends to identify variances and compliance issues.
Commercial Pricing Review and Assessment: Collaborate with Strategic Customer Group, review commercial strategies and analyze government pricing implications. Ensure operational feasibility, shape, and document reasonable assumptions to facilitate compliant and effective solutions. Lead product launch readiness for government channels.
Contract & Business Request Evaluation: Lead assessments of government pricing and contractual compliance impacts related to ad hoc business initiatives, such as voluntary pricing offers (e.g., 340B, VA voluntary prices), Medicaid supplemental agreements, ASP analyses, bundled product offers, and value-based contracts.
Audit & Compliance Support: Support internal audits (SOX, HCC/GCCO) and external reviews (e.g., PWC), ensuring the timely coordination and implementation of management action plans. Ensure work and deliverables align to SOP, WI, and Guidance Documents.
FSS Contract Oversight: Ensure ongoing compliance with government requirements for the FSS contract, including new contract rollouts, adjustments in customer pricing, price reduction triggers, product additions or removals, and tracking procedures.
Process Improvement: Develop, refine, and document processes and Standard Operating Procedures (SOPs), Treatment Documents and Reasonable Assumptions, aiming to enhance controls, reduce risks, and drive operational efficiencies.
Legislative & Regulatory Monitoring: Stay informed of new legislation and regulatory impacting government pricing, and support implementation efforts to maintain compliance.
Communication & Business Enablement: Keep abreast of evolving government pricing policies, communicate updates to relevant stakeholders, and enable informed decision-making within the organization.
Leadership & Culture: Foster a positive, Credo-driven culture that emphasizes integrity, compliance, and teamwork.
Position manages 2 - 4 employees.
Qualifications:
Bachelor's Degree in Accounting, Finance, Marketing or Economics
8+ years of experience in Pharmaceutical or healthcare industry
CPA, CMA or other certifications helpful but not required
Requires excellent Excel skills; understanding of Pharmaceutical supply chain and contracting strongly preferred
Skills required: strong leadership, communications and influencing skills; excellent analytical and organizational skills; experience with compliance, controls and related documentation; Supervisory experience with ability to develop and engage staff.
Travel
Location: Titusville, NJ
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 (ra-employeehealthsup@its.jnj.com) or contact AskGS to be directed to your accommodation resource.
Li-Hybrid
The anticipated base pay range for this position is :
$100,000-$172,500
Additional Description for Pay Transparency:
Subject to the terms of their respective plans, employees and/or eligible dependents are 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. Subject to the terms of their respective plans, employees are eligible to participate in the Company's consolidated retirement plan (pension) and savings plan (401(k)). This position is eligible to participate in the Company's long-term incentive program. 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; 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. 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.
