Team Lead Global Compensation and Benefits

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:

Taguig, National Capital Region (Manila), Philippines

Job Description:

Job Title: Senior Specialist Global Compensation & Benefits Accounting (PG25)

“Reimagine the possibilities” at Johnson and Johnson Global Finance! We live this motto every day by creating game-changing business solutions for the world’s largest and most broadly-based healthcare company.

 

As a member of our Global Finance team, you will have exclusive access to a network of financial professionals located in over 60 countries. This new network will help you build on your current skills and explore opportunities to grow your career in J&J.

 

At J&J Global Finance, we value ideas for innovation and improvement and are committed to diversity and inclusion. Together we will reimagine business processes to become more effective, more efficient, and improve customer experience. We are proud to be an equal opportunity employer.

 

This role will be part of the Global Services Finance team in the Compensation & Benefits Accounting process area. The Global Services Finance organization provides best-in-class, cost-effective financial services, and compliance—in a J&J way—to our Operating Companies around the world.

 

The Compensation and Benefits accounting team is responsible for accurately recording the costs associated with employees. This includes but is not limited to booking payroll, pension, expense, bonus, and other similar costs ensuring accurate balance sheet reconciliations.

 

Key Responsibilities:

• Be compliant with applicable laws and regulations, and follow guidelines in the J&J Credo

 

• Maintain Operational Excellence
• Responsible for executing accounting and daily operations for Compensation & Benefits Accounting process area.
• Timely closing & execution of financial periods as per closing calendar and in accordance with SLA commitments, fully observing Compliance, Internal Audit & SOX requirements.
• Accountable for completeness, accuracy and validity of the actuals reported within process/entity scope.
• Deep expertise, fully knowledgeable of the Worldwide Procedures and compliance requirements for respective areas.
• Regular focus on Balance Sheet reconciliations to minimize open items.
• On the job training for new team members / BPO partners.
• Support auditors and legal authorities with the execution of required activities.
• Understand, adhere, and execute per worldwide policies and procedures. Identify compliance risks and recommend solutions.
• Ensure strong internal controls are in place, in order to achieve “adequate” internal and external audit ratings.

 

• Talent Management
• Recruit, Onboard and Training of new joiners.
• Attract, develop, and retain a highly competent, high-performing, motivated and diverse Credo-based team.
• Develop succession plans for and support career development of the team.
• Ensure effective performance management within team.

 

• Be a Trusted Business Partner
• Execute global Strategy & Solutions in line with taxonomy.
• Internally recruit, mentor, and drive the individual Process SMEs to ensure cross sector, cross region, and cross process alignment, ensuring good documentation is maintained and consistency of a global approach.
• If assigned a role of Operational Key Contact (OKC) then candidates will be the key liaison point within their Process for a defined Region & Sector with BUF and CFMs, answering queries, coordinating with SMEs/analysts on process and operational matters, resolving issues and updating partners on close status.
• Create Game-Changing Innovation
• Generates ideas, fosters, and implements continuous improvement mindset, identifying and pursuing process efficiency opportunities.
• Execute process improvements, generating ideas and implementing in line with global standards.

 

Qualifications:

Education

• A minimum of a Bachelor’s level degree or equivalent is required, preferably in accounting, finance, or related business discipline.
• CPA, CMA, MBA and/or other financial certifications is preferred.

 

Required

• At least 4-6 years of professional experience is required.
• At least 1-2 years of Management / Supervisory experience is required.
• Strong interpersonal skills and the ability to interact with employees at all levels.
• Be open to new ideas, rapid change and embracing new technologies.
• Strong Analytical Skills.

 

Preferred

• Experience in a Shared Service Centre of a multinational corporation or BPO.
• Experience in a Global Account to Report function of a large multi-state company.
• Ability to handle ambiguity and fluid situations, demonstrating a pragmatic approach.
• Successfully manage multiple priorities, be very organized and work efficiently to tight deadlines.
• Solid US GAAP accounting knowledge.
• Digital/ intelligent automation capabilities.

 

Other

• This position will require up to 0-5% % international travel.
• Proficient in ERP systems (SAP preferred) and MS Office in particular Excel.
• Candidates may be asked to work shifts to align with global assignments in Americas / EMEA / Asia.
• Lead/Participate in other Regional/Global/Cross functional duties as assigned.
• Strong written and verbal communication skills in English.
• Fluent English, other language skills desirable.

 

Johnson & Johnson is an Affirmative Action and 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, or protected veteran status and will not be discriminated against based on disability.

 

 

 

Required Skills:

 

 

Preferred Skills:

Accelerating, Budgeting, Budget Management, Business Behavior, Coaching, Confidentiality, Data Analysis, Detail-Oriented, Expense Controls, Financial Analysis, Financial Disclosures, Financial Forecasting, Financial Modeling, Financial Reports, Financial Risk Management (FRM), Learning Agility, Leverages Information, Microsoft Office, Problem Solving, Process Optimization, Process Oriented, Relationship Building, Service Excellence, Stakeholder Management, Teamwork