Senior Financial Analyst
Senior Financial Analyst (SFA), Benefit Investment Team(Job Number: 7779190214)
Description:
Johnson & Johnson is currently recruiting for a Senior Financial Analyst (SFA), Benefit Investment Team, to be located in New Brunswick, NJ.
Caring for the world, one person at a time has inspired and united the people of Johnson & Johnson for over 125 years. We embrace research and science -- bringing innovative ideas, products and services to advance the health and well-being of people. Employees of the Johnson & Johnson Family of Companies work with partners in health care to touch the lives of over a billion people every day, throughout the world.
With $81.6 billion in 2018 sales, Johnson & Johnson is 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. There are more than 265 Johnson & Johnson operating companies employing approximately 126,500 people and with products touching the lives of over a billion people every day, throughout the world. If you have the talent and desire to touch the world, Johnson & Johnson has the career opportunities to help make it happen.
As a part of a team that manages over $40 billion in assets under management, the Sr. Financial Analyst will assist the team in all areas of the operational managing of the investments of US and select non-US employee benefit assets including domestic and international pension funds, savings and welfare plans, and other employee benefit assets.
Performance Measurement and Reporting
The SFA will handle all aspects of investment performance measurement and Management reporting for the US and select Non-US pension and savings plans; including the analysis of investment results by manager, by composite and by total fund or investment options. Responsible for process definitions, benchmark updates, as well as anticipating and facilitating the impacts of structural change on the performance process and results. Work to monitor and improve effectiveness and efficiency. Key role in the preparation and review of participant fund pages investment sections.
As the SFA, you will own asset reporting to Management, performance reporting to the team and Mgt (including inputs into monthly and quarterly letters). As such you will be integral in the preparation and of all Investment Committee and Pension and Benefits Committee meeting operational background and materials, and on the execution of operational decisions and outcomes.
Payment and Analysis for Manager and Other Fees
The Senior Financial Analyst will maintain managers' performance database for all US and select Non-US plans, monitors and analyzes fee arrangements of the U.S. investment managers, custodians and other service providers, insure Letter of Direction for payment of expenses against the trust, and evaluate vendors of investment and pension fund services and recommend firms for appointment. Responsible for reporting of all expenses of the trusts.
Key Ongoing Responsibilities
The Senior Financial Analyst will work closely with the trustee in reviewing daily activities in the Trusts for portfolio liquidity and strategic allocations and performance. This includes creation of new, or implementation of any potential improvements to the already existing, daily cash flow templates that help gain insights into any potential trend between participant activities in the savings plan and market events, key trends of the pension or other assets. Based on this monitoring the SFA will suggest rebalancing proposals for approval for all of the Benefit Investments plans (DB, DC, LTD). SFA will insure Letters of Direction for these matters and other funding movements ensure appropriately executed. SFA is responsible for coordinating the completion of survey data used in the evaluation and benchmarking of Trust results versus peers, supporting the team and Investment Manager's in new account set-up and maintenance, country set-up, other Investment Manager requests, custodial and country tax requests, and as needed. The Senior Financial Analyst will also build and maintain; local plan information on structure, contacts, arrangements, types of plans etc. and general info on relevant pension topics.
The SFA will ensure departmental compliance with SOX, DoL and other regulatory requirements; through continual monitoring of investment activities including Charles River reporting, transaction costs measurement analyses, review of daily custodian reporting, etc.
This includes assessing SOX processes and procedures for update and by ensuring appropriate testing is completed timely. The SFA is the Investments contact related assistance and data gathering for Trust audits (Internal audit, External auditors or DoL) supporting the Company's and Trust's financial statements and dedication to successful outcomes.
Ensure all processes and procedures are documented and controls identified. Strive to identify operational improvements in order to build additional capacity within the team.
Key interactions and support to HR, Legal, Pension Accounting, Savings Plan teams.
Support the Investment Teams Projects
SFA will participate in Operational Due Diligence for Private Market investments, analyze and assess changes on reporting and performance related to the changes in the structure of the plan, split of the Pension and Balanced Fund, implementation of the Custom Target Date Funds, include representing the operations team in several workstreams, etc.
Qualifications:
• The role requires a Bachelor's degree, preferably with a major in Accounting, Economics or Finance. Master's/MBA degree preferred.
• CPA, CMA, CFA or other financial certifications are preferred.
• A minimum of three (3) years of finance, accounting or related business experience is required.
• Intermediate to advanced Microsoft Excel skills required (i.e. Pivot Tables, Formulas, VLOOKUP functions).
• The ability to create and deliver PowerPoint presentations to various levels of the organization including leadership is preferred
• Interest and/or experience in investments, pension, 401k plans is a plus
• Ability to partner with associates at all levels of the organization is required
• Strong communication, presentation, interpersonal, negotiating and influencing skills is required
• This position requires a highly motivated individual with strong analytical skills, intellectual curiosity and proven leadership skills.
• The ability to work independently and handle several tasks at a time is required.
• This position will be based in New Brunswick, NJ, and may require up to 15% travel.
Johnson & Johnson is an Affirmative Action and 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, or protected veteran status and will not be discriminated against on the basis of disability.
Primary Location:
North America-United States-New Jersey-New Brunswick
Organization:
Johnson & Johnson (6067)
Job Function:
Treasury
Apply Here: http://www.Click2Apply.net/qr7fh9kqpxv2n2nx
PI109275671