Senior Financial Analyst, Government Contract Compliance Finance (GCC)

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 & Johnson Innovative Medicine is recruiting for a Senior Financial Analyst, Government Contract Compliance Finance (GCC).  This position is based in Titusville, New Jersey. This role offers the flexibility of a hybrid working schedule, with 3 days in the office and 2 days remote each week.

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/ .

At J&J Innovative Medicine, what matters most is helping people live full and healthy lives. We focus on treating, curing, and preventing some of the most devastating and complex diseases of our time. And we pursue the most promising science, wherever it might be found. Our mission drives us. Our patients inspire us. We collaborate with the world for the health of everyone in it.

Our expertise in Innovative Medicine is informed and inspired by patients, whose insights fuel our science-based advancements. Visionaries like you work on teams that save lives by developing the medicines of tomorrow. Join us in developing treatments, finding cures, and pioneering the path from lab to life while championing patients every step of the way. Learn more at:  https://www.jnj.com/innovative-medicine

Overview:

This position will be accountable for supporting the Johnson & Johnson Government Contract Compliance (GCC) team that is part of Innovative Medicine US Commercial Finance.  This role will build skills to understand and ensure compliance to applicable government policies and internal procedures when performing Government Pricing and State Price Transparency Reporting. Additionally, 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 and state reporting requirements, ensuring appropriate treatment.

Key Responsibilities:

• Performing government-mandated calculations and refiles (Medicaid - AMP, Best Price, Medicare - ASP, 340B, FSS - NFAMP, FCP, etc.) for specific Brands. This involves understanding government pricing policies, analyzing and interpreting data trends in order to comment on and ensure that variances in the calculations 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 and from a government pricing perspective and coordinate operational implementation efforts within various groups in SCG and HCS to ensure government pricing compliance.
• Lead ad hoc assessments of government pricing and contracts compliance impact for various business requests including government voluntary pricing offers (i.e., 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