Senior Financial Analyst

Company: Disability Solutions
Location: Danvers
Posted on: October 24, 2024

Job Description:

Johnson & Johnson is recruiting for a Senior Analyst, Finance. This is a hybrid role and will require you to be in the office 3 days a week.\rAt 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/.For more than 130 years, diversity, equity & inclusion (DEI) has been a part of our cultural fabric at Johnson & Johnson and woven into how we do business every day. Rooted in Our Credo, the values of DEI fuel our pursuit to create a healthier, more equitable world. Our diverse workforce and culture of belonging accelerate innovation to solve the world's most pressing healthcare challenges.\rWe know that the success of our business - and our ability to deliver meaningful solutions - depends on how well we understand and meet the diverse needs of the communities we serve. Which is why we foster a culture of inclusion and belonging where all perspectives, abilities and experiences are valued and our people can reach their potential. At Johnson & Johnson, we all belong.\rWe are looking for a highly motivated individual for the role of Senior Financial Analyst to be the strategic finance business partner within Abiomed Supply Chain Finance group. This position will report to the US Plant Controller in Abiomed Finance and will play a key role in managing and analyzing financial data related to inventory, scrap, and cycle counts.Abiomed, part of Johnson & Johnson MedTech, is a leading provider of medical devices that provide circulatory and respiratory support, with a mission of recovering hearts & saving lives. Abiomed' s "Patients First!" culture drives our skilled workforce and strong relationships with clinicians. Our innovative product portfolio and robust pipeline provide us the incredible opportunity to bring lifesaving technology to more patients around the world than ever before. Founded in 1981, Abiomed has a proven track record for growth, integrity, and innovation.\rResponsibilities

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• Monitor, analyze, and report on inventory balances for the Abiomed US Locations.
• Perform regular reviews of inventory to identify slow-moving, obsolete, and excess items.
• Work closely with supply chain, operations, and procurement teams to identify opportunities to reduce obsolete stock and manage inventory levels effectively.
• Coordinate and manage regular cycle count processes to ensure accurate inventory records.
• Track and report scrap and waste material costs, including root cause analysis for variances.
• Perform detailed aging analysis of GR/IR accounts to identify long-outstanding items. Collaborate with stakeholders to address these aged balances and close open items.
• Prepare regular PPV reports for management, highlighting significant variances and trends.
• Work closely with procurement teams to identify the root causes of PPV.
• Assist in preparing monthly and quarterly financial reports.
• Analyze variances between actuals and forecasts expense spending, providing actionable insights.
• Participate in annual budget preparation.\r\r

Keywords: Disability Solutions, Springfield , Senior Financial Analyst, Accounting, Auditing , Danvers, Massachusetts