Finance Manager, A&D Operations Finance

$97,000 - $166,750/Yr

Johnson & Johnson - New Brunswick, NJ

Full-time - Mid Level

New Brunswick, NJ

Chemical Manufacturing

About the position

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. 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. The 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. Key Responsibilities include leading integration workstreams to help onboard newly acquired businesses into J&J's financial landscape, collaborating with BU Finance and Cross-Functional partners on Project Plans and Integration Budgets, partnering with BD and M&A Finance on Deal Close activity, and leading the review and analysis of the P&L and Balance Sheet of the carve-out business with internal and external cross-functional partners. The role also involves developing financials and pricing models related to Transition Service Agreements (TSAs) and supporting TSA billing activities, as well as leading a global team responsible for cross-functional separation plans for divested companies. The Finance Manager will ensure effective change and risk management of project plans and drive accountability to ensure delivering project-specific financial commitments and outcomes.

Responsibilities

• Lead integration workstreams to help onboard 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 and M&A Finance on Deal Close activity, engagement with Paying Agents, 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 and external partners to evaluate the respective business to compile both audit-based and deal-based financial documents.
• Lead the development of stand-alone analyses, coordinate with global affiliates/relevant J&J GS centers and business to understand and determine proper expense allocation methodologies for the models.
• Frame financial information for external users and provide input to legal documents such as the financial tenants of the Asset Purchase Agreement, Transition Service Agreement (TSA), and Transition Manufacturing Agreement.
• Develop 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 presentations for management review.
• Ensure effective change and risk management of project plans.
• Drive accountability to ensure delivering project-specific financial commitments and outcomes.

Requirements

• 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 (inclusive of project-based/dotted line reports) 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 is required.
• Proven ability to lead, plan, prioritize and collaborate in a highly matrixed environment is required.

Nice-to-haves

• Experience either managing or participating in a complex global project is preferred.
• Knowledge and application of technical accounting, financial reporting and Compliance is preferred.

Benefits

• Health insurance
• Savings plan
• Pension plan
• Disability plan
• Vacation pay
• Sick time
• Holiday pay
• Work, personal and family time off