Lead Financial Analyst, Government Contract Compliance jobs in United States
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Johnson & Johnson Innovative Medicine · 5 days ago

Lead Financial Analyst, Government Contract Compliance

Johnson & Johnson Innovative Medicine is seeking a Lead Financial Analyst for Government Contract Compliance. This role involves providing strategic support to the Government Contract Compliance team and ensuring compliance with government pricing policies and internal procedures.

Pharmaceuticals

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

Qualification

Government PricingFinancial AnalysisExcelCPAFinancial ForecastingCoachingBudget ManagementCommunicationProblem SolvingRelationship Building

Required

A minimum of a bachelor's 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

Preferred

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
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

Benefits

Medical
Dental
Vision
Life insurance
Short- and long-term disability
Business accident insurance
Group legal insurance
Consolidated retirement plan (pension)
Savings plan (401(k))
Long-term incentive program
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
Work, Personal and Family Time - up to 40 hours per calendar year

Company

Johnson & Johnson Innovative Medicine

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Johnson and Johnson Innovative Medicine focuses on developing medical solutions for some of the challenging diseases and medical conditions.