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Compensation and Benefits, Senior Financial Analyst (New Consumer Health Company)

Company: J&J Family of Companies
Location: New Brunswick
Posted on: November 17, 2022

Job Description:

Johnson & Johnson is currently recruiting a Compensation and Benefits, Senior Financial Analyst (New Consumer Health Company). This position is located in New Brunswick, NJ and is open to candidates in New York & New Jersey.

Caring for the world, one person at a time has inspired and united the people of Johnson & Johnson for over 125 years. We embrace research and science -- bringing innovative ideas, products, and services to advance the health and well-being of people.

With $82.1 billion in 2020 sales, Johnson & Johnson is the world's most comprehensive and broadly based manufacturer of health care products, as well as a provider of related services, for the consumer, pharmaceutical, and medical devices markets. Employees of the Johnson & Johnson Family of Companies work with partners in health care to touch the lives of over a billion people every day, throughout the world.

If you have the talent and desire to touch the world, Johnson & Johnson has the career opportunities to help make it happen.---Thriving on a diverse company culture, celebrating the uniqueness of our employees, and committed to inclusion. Proud to be an equal opportunity employer.---Johnson & Johnson is the world's most comprehensive and broadly-based healthcare Company, touching the lives of nearly a billion people every day.--- Our Family of Companies throughout the world compete in consumer, pharmaceutical and medical devices & diagnostics markets and have the skills and resources to tackle the world's most pressing health issues.

Johnson & Johnson announced plans to separate our Consumer Health business to create a new publicly traded company.---The process of the planned separation is anticipated to be completed within 24 months, and it will be subject to legal requirements including consultation with works councils and other employee representative bodies, as required, and other customary conditions, and approvals.

It is anticipated that, following conclusion of the transaction, this position may be conveyed with New Consumer Health. In that case, details of any planned changes would be provided to the successful candidate by New Consumer Health at an appropriate time and would be subject to any necessary consultation processes.

Job Responsibilites:

  • Monitor the company's performance against adopted PSU metrics
  • Support in quarterly reporting and review of performance with the Corporate Controller and the CFO in preparation for the Board of Directors and Executive Committee reviews
  • Aid in supporting the Executive Compensation HR department and the CFO on new or amended LTI programs; efforts involve identifying appropriate metrics weightings, goal setting, and scenario planning
  • Assist in Global Benefits reporting and accounting, provide guidance to business partners worldwide on proper accounting for new plans, amendments, acquisitions, and divestitures
  • Assist in financial analysis of global post-employment plans and partner with the Benefit Investments team on contribution and investment decision making
  • Collaborate with Global Benefits on all post-employment action programs executed during a fiscal period
  • Support partnership with restructuring program PMOs on tracking and reporting versus plan
  • Support global headcount reporting and commentary for senior management
  • Assist in partnering cross-functionally with the Treasury and Global Benefits departments to incorporate ongoing business events into the Enterprise's financial results
  • Provide technical U.S. GAAP and SEC support and extend aid for accounting and disclosure issues in the preparation of consolidated financial statements
  • Provide regular project updates and explanations of complex technical accounting matters to the Manager, Compensation & Benefits
  • Periodically provide coaching and training to individuals and global organizations on technical requirements as needed
  • Interact and frame technical accounting matters with external auditors, consultants, and internal stakeholders on global post-employment benefit plans to convey global and strategic importance
  • Assist in preparing and reviewing the Company's 'Employee Related Obligation' and the Pensions and Other Benefit Plans' footnotes for the 10-Q and 10-K
  • Understand and maintain the Corporate Controller division's policy on benefits and severance accounting
  • Assist in working with the Corporate Financial Compliance & Procedures team to drive resolutions on technical accounting issues or questions consistent with internal policies and US GAAP
  • Ad hoc project work for the Corporate Controller division
    Qualifications

    Position Requirements:

    • A minimum of a bachelor's degree with an Accounting, Finance, or other related major
    • A minimum of 2 years of finance/accounting experience is required or a minimum of 1 year of Big 4 public accounting experience is required
    • Strong analytical experience to quickly review and assess gaps in accounting/theories is required
    • Must possess knowledge of U.S. GAAP
    • Strong analytical skills with the ability to translate insights into opportunities, and solid framing and communication skills
    • Strong financial analysis skills and the ability to partner with people at all levels of the organization
    • Proven ability to manage and collaborate in a matrixed environment
      Preferred Competencies:

      • CPA and/or CFA, or CMA or Chartered Accountant
      • MBA or other Finance/Accounting master's degree
      • Prior experience working on a worldwide project team including company and 3rd party participants
      • Prior experience with post-employment/post-retirement defined benefit plans
      • Demonstrated leadership and influencing outcomes with peers, management, and 3rd parties
        At Johnson & Johnson, we're on a mission to change the trajectory of health for humanity. That starts by creating the world's healthiest workforce. Through cutting-edge programs and policies, we empower the physical, mental, emotional, and financial health of our employees and the ones they love. As such, candidates offered employment must show proof of COVID-19 vaccination or secure an approved accommodation prior to the commencement of employment to support the well-being of our employees, their families, and the communities in which we live and work.

        For more information on how we support the whole health of our employees throughout their wellness, career, and life journey, please visit

        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 on the basis of disability.

        Primary Location

        United States-New Jersey-New Brunswick-One Johnson & Johnson Plaza

        Other Locations

        North America-United States-New York

        Organization

        Johnson & Johnson (6067)

        Job Function

        Finance

        Requisition ID

        2206065093W

Keywords: J&J Family of Companies, New Brunswick , Compensation and Benefits, Senior Financial Analyst (New Consumer Health Company), Accounting, Auditing , New Brunswick, New Jersey

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