Finance Manager, Acquisition and Divestiture Operations

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 jnj.com

As guided by Our Credo, Johnson & Johnson is responsible to our employees who work with us throughout the world.  We provide an inclusive work environment where each person is considered as an individual.  At Johnson & Johnson, we respect the diversity and dignity of our employees and recognize their merit.

Job Function:

Finance

Job Sub Function:

Finance Business Partners

Job Category:

Professional

All Job Posting Locations:

New Brunswick, New Jersey, United States of America

Job Description:

Johnson & Johnson Acquisition & Divestiture Operations (A&D) is recruiting for the position of Finance Manager, Acquisition and Divestiture Operations. This role is based in New Brunswick, NJ.

Johnson & Johnson believes 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.

 

Position Overview

A&D Operations Finance Manager has region specific and/or global financial responsibility for an A&D project(s) within the A&D portfolio. This will include leading the financial integration of acquired businesses by partnering with the Integration Leaders on a variety of workstreams (e.g. FP&A/Reporting, Deal Close, Project plans, Budgets, etc) and on the divestiture side, leading the end to end process for the development of carve-out financial statements, sell-side financial due diligence, and accounting advisory support to represent carve outs to strategic and private equity investors/asset based lenders as well.

Responsibilities:

• Lead integration workstreams to help on board newly acquired businesses into J&J’s financial landscape, including financial systems, financial planning and reporting processes.

• Collaborate with BU Finance and Cross-Functional partners on Project Plans, Integration Budgets, etc.

• Partner with BD, M&A Finance, GTAAS and Tax on Deal Close activity, engagement with Paying Agents, creation of Opening Balance Sheet (OBS), BRAVO reporting approach & setup,, etc.

• Lead and influence the data gathering and compilation of externally reported carve-out financial statements used to support future divestitures of brands or businesses across all three sectors of Johnson & Johnson

• Lead the review and analysis of the P&L and Balance Sheet of the carve-out business with internal and external cross functional partners.

• Collaborate with internal (Business Unit Finance (BUF), Global Services (GS), Business Development, other cross-functional partners) and external partners in order to evaluate the respective business to compile both audit based as well as deal based financial documents

• Lead the development of stand-alone / stand up analyses, coordinate with global affiliates/relevant J&J GS centers and business to understand and determine proper expense allocation methodologies for the models.

• Assume an active role in framing financial information for external users as well as provide input to legal documents such as the financial tenants of the Asset Purchase Agreement, Transition Service Agreement (“TSA”), and Transition Manufacturing Agreement

• Responsible for developing financials and pricing models related to TSAs and support TSA billing activities.

• Lead a global team responsible for cross functional separation plans for divested companies.

• Lead residual cost analytics, and lead presentations for management review.

• Ensure effective change and risk management of project plans.

• Drive accountability to ensure delivering project specific financial commitments and outcomes.

 

Qualifications

• A minimum of a bachelor's degree, preferably with a major in Accounting/Finance is required.

• Advanced degree or professional certifications such as MBA/Master’s, CMA, CPA, etc. is preferred.

• Five (5) years of progressive finance, accounting or related business experience is required.

• Prior supervisory experience with passion for people management/talent development is required.

• Knowledge of general finance/accounting processes required.

• Proficiency in Microsoft Office suite of tools and have an intermediate to advanced proficiency in PowerPoint and Excel is required.

• Strong communication with superior presentation/framing skills with ability to build and maintain trusted partnerships & influence at all levels, operate with a high degree of independence, have the proven ability to lead, plan, prioritize and collaborate in a highly matrixed environment is required.

• Experience either managing or participating in a complex global project is preferred.

• Knowledge and application of technical accounting, financial reporting and Compliance is preferred.

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:

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; for employees who reside in the State of Washington –56 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