SFA Currency Management CoE

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:

Finance Business Partners

Job Category:

Professional

All Job Posting Locations:

Diegem, Flemish Brabant, Belgium, Ringaskiddy, Cork, Ireland, Zuchwil, Switzerland, Zug, Switzerland

Job Description:

THE OPPORTUNITY

Contract: full time, permanent

The Currency Management COE has the global responsibility to analyze and consolidate the impacts of currency fluctuations on the financials of all sourcing companies across J&J MedTech, and to complete hedging activities to protect against fluctuations in foreign exchange rates. The Currency Management COE is part of the MedTech Principal Operations group which rolls up in the MedTech Supply Chain Center organization.

We are seeking a Sr. Finance Analyst to strengthen our team of Exposure Managers who provide highly valuable support to J&J entities across the J&J MedTech organization. The successful candidate will report directly to the Lead Finance Analyst and work directly with the wider team and other business partners to help identify and manage FX risk as well as improve the accuracy of hedging forecasts. It is essential that the successful candidate has clearly demonstrated an ability to develop professional working relationships and has a demonstrated ability to critically evaluate financial data and derive understanding to explain results.

How YOU can help:

Currency is at the heart of J&J’s financials. This role provides an excellent opportunity for Finance Talents who have an interest in pursuing or gaining experience in foreign currency management, hedge accounting, and developing an end-to-end view on Supply Chain financials through a currency lens. This position involves a high degree of business exposure and the opportunity to partner with global teams to deliver business objectives.

The key responsibilities & the impact YOU can bring are in the areas of:

Management of Foreign Currency:

• Full responsibility for timely, accurate and compliant execution of hedging and closing activities.
• Own the End-to-End process for collecting, consolidating and analyzing actuals and forecasts data.
• Reporting and forecasting of currency-related performance indicators and working with business partners to improve these results on an ongoing basis.
• Critically evaluate hedge results and assess the related impact on financial statements to provide insights for business partners and senior management.
• Implement standard methodologies and ensure full usage of the tools/systems to drive efficiencies as well as proactively identify and implement productivity improvements.
• Get involved in and stay on top of envisioned process improvements through Project SigniFX. This project will activate a global holistic system between S/4 Finance, Anaplan, Data Hub and SAP Cloud Analytics (SCA) to create an interconnected FX risk management process for actuals, planning and reporting.

Business Analysis and Support:

Act as a business owner and subject matter expert for your designated companies providing expertise and support to ensure foreign exchange exposures are identified and hedged in line with J&J’s global worldwide procedures.

Work with business partners to achieve business and financial targets such as improving hedge forecast accuracy and hedge-effectiveness.

Lead regular reviews of hedge results to business partners and leadership, deliver training to educate partners about currency, hedging and maintain educational materials.

IT’S ALL ABOUT YOU

We would love to hear from YOU, if you have/are:

• University degree in Finance, Accounting, Economics, or a related discipline.
• At least 3-5 years of relevant post graduate work experience.
• Professional accounting qualification ACCA, ACA, CPA, CMA, and/or other financial certifications are an advantage but not a requirement.
• Previous experience working in finance, banking or corporate treasury is desirable.
• Experience with ERP (SAP FI/CO) and other financial systems.
• Experience with TMI, Alteryx, Power BI is preferred.
• A compliance mindset with a functioning knowledge of the Sarbanes-Oxley Act compliance framework and controls.
• Excellent numerical and analytical skills, with an ability to interpret financial data and identify trends.
• Must be a self-starter, have attention to detail, possess strong prioritization and organization skills and be able to work in a fast-paced environment while handling multiple deliverables.
• Ability to collaborate in a virtual environment across multiple sectors and regions.
• Must have highly effective verbal, written, and presentation skills to articulate ideas and plans clearly, accurately, and effectively.