Senior Finance Director, A&D And Transitions, Orthopedics

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: Multi-Family Finance
Job Category: Professional
All Job Posting Locations: Bridgewater, New Jersey, United States of America, Raynham, Massachusetts, United States of America, West Chester, Pennsylvania, United States of America

Job Description

Johnson & Johnson is recruiting for the position of Senior Finance Director, Acquisition and Divestiture (“A&D”) Operations & Transitions. This role is based in Bridgewater NJ, Raynham, MA, or West Chester, PA. This role may require periodic travel to US and International locations of not more than 25%.

Johnson & Johnson announced plans to separate our Orthopaedics business to establish a standalone orthopaedics company, operating as DePuy Synthes. The process of the planned separation is anticipated to be completed within 18 to 24 months, subject to legal requirements, including consultation with works councils and other employee representative bodies, as may be required, regulatory approvals and other customary conditions and approvals. Should you accept this position, it is anticipated that, following conclusion of the transaction, you would be an employee of DePuy Synthes, and your employment would be governed by DePuy Synthes employment processes, programs, policies, and benefit plans. In that case, details of any planned changes would be provided to you by DePuy Synthes at an appropriate time and subject to any necessary consultation processes.

Position Summary

Be part of an organization charged with acquisition integration and divestiture separation financial operations which has a direct and material impact on shareholder value creation. As a senior finance leader, you will shape enterprise-level strategy, influence the most significant transactions in the portfolio, and serve as a trusted advisor to executive leadership. The Senior Finance Director, A&D Operations & Transitions, will have global leadership and strategic ownership of the finance transformation and finance-related separation activities of Depuy Synthes, reporting to the CFO and serving as a key member of the finance leadership team. This leader will set the vision, operating model and governance for A&D finance, and will lead a global team of finance leaders and professionals. Transformation opportunities will evolve post-separation and are in scope for this role.

Key Responsibilities

• Separation: Set the strategy for and provide executive leadership of integration workstreams to separate Depuy Synthes from J&J’s financial landscape, representing Finance in the Integration Management Office (IMO) and serving as the senior Finance voice to the CFO, executive leadership and steering committees.
• Hold end-to-end accountability for the planning, execution and delivery of all financial integration workstreams including: Opening Balance Sheet, Financial Planning & Analysis (FP&A), Employee Enablers, Supply Chain Finance, Tax, Treasury, Audit & Compliance, Financial Systems & Technology, Payroll, and Global Services implementation.
• Hold ownership of integration cost management and accountability for delivery in alignment with the deal model budget.
• Institutionalize after-action reviews (AAR) to capture best practices and lessons learned and ensure integration teams document new capabilities, tools and templates within the A&D Operations Acquisition Playbook.
• Divestitures: Set the finance strategy and lead the planning and execution of all financial workstreams to separate assets or businesses from J&J’s financial landscape, engaging with senior executives and external stakeholders, and representing Finance in the Transition Management Office (TMO).
• Provide executive oversight of carve-out processes to compile Quality of Earnings (QoE) and working capital financial analyses, including leadership of financial diligence preparation and buyer requests.
• Provide critical finance review and negotiation support of transaction legal documents, such as SAPA/APA, TSA, TMA.
• Define current state financial operating models and shape the “to be” transition financial operating model, negotiating and aligning key decisions with senior stakeholders.
• Direct stranded cost analyses and mitigation strategies.
• Provide senior financial oversight over deal accounting activities.
• Other Transformation: Provide strategic direction for change and risk management of A&D project plans, and lead the identification and development of execution plans involving any new transformation plan.
• Own and drive accountability for A&D project specific financial commitments and outcomes.
• Define the interaction model and governance related to finance projects working in partnership with the FS&T organization.
• Lead, develop, and retain a global team of finance leaders and professionals, building a robust talent pipeline and succession plans.

Qualifications

• Education: A minimum of a bachelor's degree, preferably with a major in Finance, Accounting, Business Administration, or a related field is required. Advanced degrees (MBA, Master’s in Finance, or similar) and/or professional certifications (CPA, CFA, CMA) are preferred.
• Experience and Skills Required: A minimum of twelve (12) years of progressive finance or accounting business experience, including significant experience in senior leadership roles.
• Exceptional financial acumen and a deep understanding of finance processes (budgeting, forecasting, reporting).
• Advanced knowledge of general finance/accounting processes and understanding of GAAP / WWP’s.
• Demonstrated experience leading and developing leaders and large, global or multi-functional teams.
• Ability to inspire and guide teams working on large-scale, complex programs.
• Exceptional communication, executive presence and influencing skills.
• Proven ability to operate with a high degree of independence and to set strategy in a highly matrixed, complex global environment.
• Preferred: Prior experience leading transformational programs (business transformations, growth programs, or A&D projects). Prior experience representing Johnson & Johnson externally and influencing/negotiating with external third parties. Intellectual curiosity in technology integration and emerging technologies.

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

Required and Preferred Skills

Required Skills: Integration, Budget Management, Compliance Risk, Critical Thinking, Fact-Based Decision Making, Financial Analysis, Financial Competence, Financial Management, Financial Modeling, Financial Planning, Financial Risk Management (FRM), Financial Trends, Mentorship, Program Management, Relationship Building, Strategic Analysis, Tactical Planning

Compensation

Anticipated base pay range: $187,000.00 - $320,850.00

For additional general information on Company benefits, please go to: https://www.careers.jnj.com/employee-benefits