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 a Bona Fide Service Fee (BFSF) Fair Market Value (FMV) Finance Manager - located 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:
The BFSF FMV Finance Manager role is responsible for establishing, operationalizing, and continuously improving the end-to-end processes that support BFSF compliance within the GCC Finance organization. This includes:
Designing and implementing required workflows for mandated FMV method submissions, defining standards for reasonable assumptions, creating triggers and handoff points that activate BFSF compliance reviews, and building governance structures that ensure consistency, audit readiness, and sustainable controls.
A key accountability is to evolve these processes in alignment with emerging requirements, including annual updates associated with PFS (Physician Fee Schedule) proposed regulations, ensuring that the organization is positioned to support new FMV evaluation methodologies as the landscape shifts.
In addition to leading the BFSF compliance framework, this role performs key Fair Market Value evaluations to support base-business Fee-for-Service (FFS) assessments.
Responsibilities include:
Work allocation, scheduling, and managing timelines to ensure high-quality and timely completion of FMV determinations.
Collaborate closely with business partners to shape, validate, and operationalize FFS arrangements that meet internal policy requirements and reflect the evolving healthcare environment.
Delivery of accurate, timely, and compliant financial and operating information to internal and external stakeholders.
Monitors month-end, quarterly, and year-end activities related to BFSF government reporting,
Providing analysis, interpretation, and insights to support business planning and operational decision-making, and government pricing implications.
Evaluate existing FMV practices and procedures, recommending and implementing enhancements where needed.
This position does not include direct people leadership responsibilities, however, will lead internal teams to adhere to new processes-aligned with Credo behaviors and GCC Team norms-and engage in GCC Team talent development and culture.
Qualifications:
A minimum of a Bachelor's Degree in Finance, Accounting or similar discipline is required; an advanced degree (MBA) is preferred.
A minimum of 7 years Finance/Accounting/Data Analytics experience, including at minimum of 5 years of professional experience is required.
General understanding of government healthcare regulations and government contract compliance requirements is required.
Strong business acumen with an exceptional understanding of Sales & Marketing needs, pharmaceutical distribution channels, specialty pharmacy providers, payors and reimbursement, patient access assistance programs, HECOR and RWE studies, government pricing, adherence programs and Brightlines is preferred.
Experience in fee for service assessment is preferred.
Excellent communication skills - written and oral.
Strong problem solving, analytical and business partnering skills.
Must have demonstrated ability to lead across functions, and franchises at all levels of the organization.
A track record of leading complex and transformational projects.
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
Required Skills:
Preferred Skills:
Budget Management, Coaching, Execution Focus, Expense Controls, Financial Analysis, Financial Competence, Financial Forecasting, Financial Reports, Financial Risk Management (FRM), Financial Trends, Internal Controls, Process Improvements, Risk Management, Sarbanes-Oxley Compliance, Strategic Thinking, Technical Credibility, Training People, Vendor Management
The anticipated base pay range for this position is :
$102,000 - $177,100
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 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)). This position is eligible to participate in the Company's 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. http://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.
