[MedTech] Finance manager [Orthopaedics/Depuy Synthes]

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 https://www.jnj.com

Job Function:

Finance

Job Sub Function:

Financial Planning & Analysis

Job Category:

Professional

All Job Posting Locations:

Chiyoda, Tokyo, Japan

Job Description:

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. 

SCOPE AND PURPOSE

 

The Business Unit Finance (BUF) team partners with commercial leadership to shape strategy, drive portfolio/pricing decisions, and lead/participate in management processes that supports & enables us to be the fastest growing medical device company in Japan. Our role is to surface the right facts, past learnings, and partner with key stakeholders to drive decisions necessary to deliver market leading results. We strive to work closely with our functional and regional partners to understand the needs & challenges while ensuring that what we implement will drive value for our patients/stakeholders.

 

The Finance Manager will support the Senior Finance Manager in monitoring financial performance, focusing on P&L management, and providing timely insights that enable growth, profitability, and governance across Orthopaedics/DePuy Synthes Japan. In addition, the finance manager will support the planned separation of the Orthopaedics business especially from financial perspectives in collaboration with BUF team, stakeholders, regional and global teams.

 

 

WORKING RELATIONSHIPS

 

The role will involve working closely with Orthopaedics/Depuy Synthes business partners and finance counterparts within the Japan team, as well as across our finance regional office and global teams. He/She will collaborate with GS, Tax, and compliance team to ensure appropriate financial statements and internal controls.

 

Key business partners:

• Orthopaedics/Depuy Synthes senior leaders

• Regional and global finance leaders and teams

• GS, Tax, and compliance team

KEY ACCOUNTABILITIES

Financial planning and Reporting:

• Lead/support the entire Business Planning cycles by collaborating with the FP&A team and regional FP&A (COE) team. Influence goal setting for Orthopaedics/Depuy Synthes business, including resource recommendations across activity types and businesses.

• Coordinate, consolidate, and review franchise financial data for each budget cycle submissions, adhoc reports/analyses.

• Lead/support Strategic Planning/3yr Growth Plan financial cycle for the Orthopaedics/Depuy Synthes business

• • Facilitate clear representation of the business’ actual performance, future plans, risks and opportunities.

  • Provide planning inputs including insights from macroeconomics/ Reimbursement / competitor analysis

  • Create clarity on source of growth, innovation pipeline sufficiency and resource needs

  • Drive investment resource allocation in the right direction within Orthopaedics business

• Partner with regional FP&A (COE) and Senior Finance Manager to ensure timely, accurate & appropriate regular reporting and communication to Regional / Local management including monthly sales dashboard, GP commentary, price and volume change analysis, NPI tracking, Opex progress, franchise P&L etc.

• Collaborate to improve current practices by driving better accuracy, efficiency and simplicity.

 

Business and Financial Projects and Initiatives:

• Support company-wide / Orthopaedics business initiatives, including projects with CS&CE, to drive growth and profitability.

• Provide insights in some of cross-cluster/market initiatives including cross-cluster finance initiatives.

• Support appropriate planning and execution of Orthopaedics rebate programs, sales incentive plans, and other programs to ensure financial compliance and effective resource allocation.

• Plan and implement educational trainings to Japan employees to improve financial acumen and compliance in the organization.

• Support global financial project as appropriate.

• Support/lead adhoc projects.

 

Preparation for the planned separation of Orthopaedics business:

• Lead or support the separation related processes to enable independent financial operation of the Orthopaedics business, focusing on ERP, CAPEX, and purchase-order systems, as well as other related systems and applications, in collaboration with PMOs in Japan, region and global, and other stakeholders.

• Define and harmonize financial requirements and governance for standalone operations, ensuring process alignment across Japan, regional, and global teams, and maintaining data integrity and risk management during the transition.

• Drive cross-functional execution, vendor coordination, data migration, and change management to deliver a standalone Orthopaedics financial platform, ensuring compliance with regional/global objectives and regulatory standards. Support internal and/or external audit processes for separation as appropriate.

 

Compliance and Audit:

• Responsible for ensuring a strong compliant environment and driving this culture across the organization.

• Provide support to business partners and compliance team to ensure compliance (SOX, HCC, FCPA, Taxation etc.)

• Support both internal audit (SOX, FCPA etc.) and external audit (PWC, tax etc.)

 

REQUIREMENTS

A minimum of a Bachelor's degree is required, preferably with a major in Accounting or Finance.  An MBA, CPA, CMA, and/or other advanced degree(s) or financial certification(s) is preferred. A minimum of 5+ years of finance business experience is required.

 

Candidate must have:

• Demonstrated leadership skills and ability to inspire, motivate, and empower people

• Strong commitment to compliance and being skilled in accounting and internal controls

• Ability to effectively influence and shape senior level business decisions

• Strong communication and presentation skills both in English and Japanese

• Strong focus on customers with demonstrated results building partnerships and collaborating at all levels and multiple functions/affiliates.

• Strong business acumen coupled with strategic mindset

• Experience leading implementation of successful process improvements

• The location of this position is in Japan

Indicators of Success:

• Independently drive analysis that helps bring clarity to abstract problems.

• Persistent in idea generation, risk assessment and implementation,

• Visualize and addresses the root cause of opportunities and issues

• Frame and communicate issues and solutions effectively.

• Take a broad business perspective when making recommendations.

• Develop strong working relationships with stakeholders. Demonstrate ability to achieve integration & alignment, push back when appropriate, and manage conflict & challenges.

• Influence and impact others through building and defending arguments, challenge in a provocative and respectful manner, facilitate a decision and drive action to meet objectives. 

• Demonstrate care for your staff both personally and professionally. Demonstrating ability to develop a team.

Required Skills:

Preferred Skills:

Analytical Reasoning, ATM Reconciliation, Budgeting, Business Savvy, Consulting, Econometric Models, Financial Analysis, Financial Competence, Financial Forecasting, Financial Modeling, Financial Planning, Financial Reports, Financial Risk Management (FRM), Industry Analysis, Presentation Development, Process Improvements, Teamwork, Technical Credibility