Associate Finance Manager-1420585W
Description
The Johnson & Johnson Family of Companies is the world's most comprehensive and broadly based manufacturer of health care products. Our fundamental objective is to improve the quality of life of people all around the world by providing scientifically sound and high quality health care products and services. We currently have over 275 operating companies in more than 60 countries around the world.
Johnson & Johnson's Consumer segment includes a broad range of products used in the baby care, skin care, oral care, wound care and women’s health care fields, as well as nutritional and over-the-counter pharmaceutical products, and wellness and prevention platforms.
Associate Finance Manager - Asia Pacific Supply Chain (APSC) Cost & Inventory Management
(Based in Manila, Philippines)
The Associate Finance Manager will primarily be responsible for the integrity and overall financial management of inventory costing, valuation, and management of operations P&L for the assigned Asia Pacific Supply Chain (APSC) country. The role will require business partnering with regional and local country stakeholders (Finance and Supply Chain) in business planning; timely and accurate submission of the Supply Chain Operations P&L (BVA); management reporting duties; financial compliance duties; review of related Balance Sheet Accounts for accuracy and reasonableness; and, attending to adhoc queries, requests and assigned projects.
The role will also manage, coach, and supervise a team of Finance Analysts to ensure that work is properly allocated and completed in a timely and accurate manner.
Principal responsibilities:
-
Manage the integrity and adequacy of cost information: review and approve the standard costs ensuring that cost information are complete and accurate and in accordance with prevailing accounting, compliance and management reporting standards;
-
Period-end closing: management of the timely closing of the books; preparation and review of Supply Chain P&L BVA and submission of other C+5 Management reports on a timely manner; ensure the integrity of monthly results; provide action-oriented commentaries and highlight to management the material variances and responsible cost drivers;
-
Business Planning and Plan Updates: collaborate with regional, local supply chain and finance in the planning and development of the annual Business Planning guidelines and timelines; develop product standard costs from the consolidation of cost assumptions and guidelines; analyze, consolidate and review the overall impact on the year on year standard COGS change; work with other teams in forecasting of other costs and expenses not included in standards (CIP, IVA, FAA,) in coming up with the planned BP SC P&L; submission of hedging summary reports to APSC Treasury team; and, update the SC P&L all throughout the year during formal business plan updates (MU, JU, SU, NU, etc) and forecasting quarterly results and submission to Regional FIPA team (Quarterly LEs);
-
Compliance: review Balance Sheet Account Reconciliation statements and perform control tests to ensure adequacy, suitability and compliance to SOX inventory control procedures relevant to costing and inventory management; ensure processes are in accordance with worldwide policies and the internal controls handbook; manage both internal and external audit requirements;
-
Business Partnering: manage and delegate financial information requirements of Regional and Local Country Supply Chain and Finance teams (Commercial and Reporting & Planning) to immediate team for action to achieve common goals and objectives; monitor timely submission of the team and reviews the accuracy of the requirements submitted;
-
People Development and Coaching: lead and provide technical support, guidance and operational direction to direct reports; measure key result areas of direct reports; train and develop direct reports to maximize their potentials and growth;
-
Explore and evaluate cost studies for special projects and other continuous improvement initiatives of the company
Qualifications
- Holder of a bachelor's degree in Accountancy
- Certified Public Accountant (CPA); MBA or CMA a plus but not required
- At least 6-8 years solid experience in major aspects of financial management - experience in cost or supply chain accounting preferred
- At least 2 years supervisory or managerial experience required
- Exposure to Asia Pacific markets (outside of the Philippines) an advantage
- Strong leadership skills and team working/relationship building skills
- Exhibits a high level of autonomy as demonstrated via independent decision-making, prioritizing own workload and project management skills
- Ability to read, understand, verbally exchange information and compose written material for business purposes in English
- Experience in using ERP systems required; SAP preferred
- Proficiency in basic MS Office applications (Excel, Powerpoint, Word) also required
- The role will be assigned in Parañaque City, Metro Manila, Philippines on a local package
Primary Location:Asia Pacific-Philippines-National Capital-Manila
Organization: Johnson & Johnson International (Singapore) Pte. Ltd. - ROHQ
Job Function: Finance
Description
The Johnson & Johnson Family of Companies is the world's most comprehensive and broadly based manufacturer of health care products. Our fundamental objective is to improve the quality of life of people all around the world by providing scientifically sound and high quality health care products and services. We currently have over 275 operating companies in more than 60 countries around the world.
Johnson & Johnson's Consumer segment includes a broad range of products used in the baby care, skin care, oral care, wound care and women’s health care fields, as well as nutritional and over-the-counter pharmaceutical products, and wellness and prevention platforms.
Associate Finance Manager - Asia Pacific Supply Chain (APSC) Cost & Inventory Management
(Based in Manila, Philippines)
The Associate Finance Manager will primarily be responsible for the integrity and overall financial management of inventory costing, valuation, and management of operations P&L for the assigned Asia Pacific Supply Chain (APSC) country. The role will require business partnering with regional and local country stakeholders (Finance and Supply Chain) in business planning; timely and accurate submission of the Supply Chain Operations P&L (BVA); management reporting duties; financial compliance duties; review of related Balance Sheet Accounts for accuracy and reasonableness; and, attending to adhoc queries, requests and assigned projects.
The role will also manage, coach, and supervise a team of Finance Analysts to ensure that work is properly allocated and completed in a timely and accurate manner.
Principal responsibilities:
-
Manage the integrity and adequacy of cost information: review and approve the standard costs ensuring that cost information are complete and accurate and in accordance with prevailing accounting, compliance and management reporting standards;
-
Period-end closing: management of the timely closing of the books; preparation and review of Supply Chain P&L BVA and submission of other C+5 Management reports on a timely manner; ensure the integrity of monthly results; provide action-oriented commentaries and highlight to management the material variances and responsible cost drivers;
-
Business Planning and Plan Updates: collaborate with regional, local supply chain and finance in the planning and development of the annual Business Planning guidelines and timelines; develop product standard costs from the consolidation of cost assumptions and guidelines; analyze, consolidate and review the overall impact on the year on year standard COGS change; work with other teams in forecasting of other costs and expenses not included in standards (CIP, IVA, FAA,) in coming up with the planned BP SC P&L; submission of hedging summary reports to APSC Treasury team; and, update the SC P&L all throughout the year during formal business plan updates (MU, JU, SU, NU, etc) and forecasting quarterly results and submission to Regional FIPA team (Quarterly LEs);
-
Compliance: review Balance Sheet Account Reconciliation statements and perform control tests to ensure adequacy, suitability and compliance to SOX inventory control procedures relevant to costing and inventory management; ensure processes are in accordance with worldwide policies and the internal controls handbook; manage both internal and external audit requirements;
-
Business Partnering: manage and delegate financial information requirements of Regional and Local Country Supply Chain and Finance teams (Commercial and Reporting & Planning) to immediate team for action to achieve common goals and objectives; monitor timely submission of the team and reviews the accuracy of the requirements submitted;
-
People Development and Coaching: lead and provide technical support, guidance and operational direction to direct reports; measure key result areas of direct reports; train and develop direct reports to maximize their potentials and growth;
-
Explore and evaluate cost studies for special projects and other continuous improvement initiatives of the company
Qualifications
- Holder of a bachelor's degree in Accountancy
- Certified Public Accountant (CPA); MBA or CMA a plus but not required
- At least 6-8 years solid experience in major aspects of financial management - experience in cost or supply chain accounting preferred
- At least 2 years supervisory or managerial experience required
- Exposure to Asia Pacific markets (outside of the Philippines) an advantage
- Strong leadership skills and team working/relationship building skills
- Exhibits a high level of autonomy as demonstrated via independent decision-making, prioritizing own workload and project management skills
- Ability to read, understand, verbally exchange information and compose written material for business purposes in English
- Experience in using ERP systems required; SAP preferred
- Proficiency in basic MS Office applications (Excel, Powerpoint, Word) also required
- The role will be assigned in Parañaque City, Metro Manila, Philippines on a local package
Primary Location:Asia Pacific-Philippines-National Capital-Manila
Organization: Johnson & Johnson International (Singapore) Pte. Ltd. - ROHQ
Job Function: Finance