Senior Financial Analyst, Sales Finance (Hybrid)

Job title: Senior Financial Analyst, Sales Finance (Hybrid)

Job description: Johnson & Johnson Inc. is a member of the Johnson & Johnson Family of Companies, 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 and diagnostics markets. In Canada, Johnson & Johnson Inc. markets innovative consumer products focusing on skin and hair care, baby care, wound care, oral health and women’s health as well as a broad range of well-known and trusted over-the-counter products through our McNeil Consumer Healthcare division.

Johnson & Johnson Family of Companies touches more than a billion people’s lives every single day through our health care products and services, our corporate giving, and the volunteer efforts of our employees. The Johnson & Johnson Group of Consumer Companies develop and market beloved brands that address the needs of consumers and health care professionals worldwide. Our portfolio ranges across Self Care, Skin Health, Baby Care, Oral Care, & Wound Care.

On November 12, 2021, 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 employee representative bodies, as required, and other customary conditions and approvals. It is anticipated that, following conclusion of the transaction, you will be an employee of an entity within the newly created Consumer Health company and your employment will be governed by that company’s employment processes, programs, policies, and benefit plans. In that case, details of any planned changes would be provided to you at an appropriate time and subject to any necessary consultation processes.

Johnson & Johnson Consumer Inc. is recruiting for a Senior Financial Analyst for the Sales and Customer Finance Team, located in Markham, ON. This role will be responsible for providing the best-in-class business partnering, financial planning and analysis, management reporting, and impactful opportunity assessments to deliver joint value creation. The Senior Financial Analyst will enable profitable growth for the organization by understanding the drivers of gross to net discounts, ensuring robust and efficient processes are in place for planning, month-end close and annual update processes.

Responsibilities:

• Partner with Customer Teams on trade investment and other opportunities to deliver on Customer Joint Value Creation partnership.
• Key finance business partner supporting Customer Teams, including the Sobeys, Dollarama, and New and Emerging Channel teams.
• Partner with Customer Teams, Customer Strategy, Deliver, Sales Operations, and Finance to ensure thorough financial analysis and validation of incremental funding requests, trade investment opportunities and management of risk/offsets to deliver on the latest financial plan.
• Support Finance and Sales organization to deliver on Sales and Trade Investment targets.
• Act as the single point of contact for management of period-end deliverables related to rebates, cash discounts, unsaleable allowance, sales returns, customer fines and billing adjustments.
• Partner with Marketing Finance and Sales Finance to develop robust business plan and updates including but not limited to management presentations, analytics, and reporting. This includes partnering closely with the commercial business to ensure thorough understanding and analysis of the latest thinking on market information and business outlook to provide accurate financial forecasts based on business drivers. Key areas to plan for include rebates, cash discounts, unsaleable allowance, sales returns, customer fines and billing adjustments.
• Elevate the financial acumen of the sales team by educating business partners on key financial concepts, policies and procedures. Support the consistent application of Gross to Net account classification, to drive business insights and behaviour changes.
• Provide leadership and support on key organizational projects..
• Lead annual maintenance of bankbooks to ensure visibility to trade (customer/SPG/year)
• Deliver on monthly regulatory and internal management sales reporting (PMPRB, RAMQ and other local government reporting requirements)
• Validate customer prepack pricing and off-invoice requests prior to manager approval.
• Coordinate annual validation of off-invoice allowance by account team (and as price changes occur).
• Partner with Finance team to ensure timely and compliant month-end close and reporting requirements are met and in compliance with SOX and J&J worldwide procedures requirements.
• Maintain internal control environment including Standards of Procedures and desktop procedures.
• Champion continuous process improvements including system updates and enhancements.

Company: Johnson & Johnson

Expected salary:

Location: Markham, ON

Job date: Thu, 17 Nov 2022 05:35:06 GMT

Job Source: Careerjet.ca

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