Manager, Revenue Assurance & Analytics at Johnson & Johnson

Raritan, New Jersey, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Pharmaceuticals, MedTechIndustries

Requirements

Minimum of Bachelor’s degree required; MBA or advanced degree is preferred
Proficiency with Microsoft Office Suite is required
Minimum of six (6) years of relevant experience is required
Experience interacting with all levels of management is required
Experience working with cross-functional leadership teams and proven ability to effectively communicate & partner with leadership is required
Self-motivated with ability to think critically, challenge status quo, identify trends, problem solve and escalate to leadership as needed when faced with ambiguity is required
Ability and willingness to work in Raritan, NJ and travel up to 10% domestically is required
Preferred
Experience with data mining/analytics is preferred
Experience within the healthcare or pharmaceutical/medical device industry with a solid understanding of price concessions offered

Responsibilities

Assist with shaping and influencing the development of a robust Revenue Assurance strategy that supports ECM & Operating Company goals
Identify the sources, purposes, and content of key data sets managed by the organization to develop new analytics to support revenue assurance projects and initiatives
Drive increased transparency & consistency of data provided by Customers
Produce key ad-hoc data extracts by utilizing querying tools within our source systems
Lead the creation of analytics to provide input on various projects related to key Revenue Assurance topics
Analyze various data sets to identify existence or potential of revenue leakage and communicate impact analyses to Supervisor
Partner with Legal, Audit, Account Management, Operating Company leaders, and ECM Partners to address remediation of identified revenue leakage scenarios
Review Customer contracts to ensure analytics incorporate and reflect relevant contractual terms
Establish key reports & dashboards that reflect the work & value provided by our team
Monitor industry news & resources and pursue participation in industry workgroups to provide key updates that may lead to improved savings

Skills

Key technologies and capabilities for this role

data analyticsdata miningrevenue assurancecontract managementSQLExcelanalytics strategycommunicationpartnering

Questions & Answers

Common questions about this position

Is this position remote or does it require working in an office?

The position is located in Raritan, New Jersey, indicating an on-site role at the specified office location.

What are the key skills required for the Manager, Revenue Assurance & Analytics role?

The role requires strong data mining and analytical skills, attention to detail, intellectual curiosity, excellent communication (written and verbal) and partnering skills, and a self-starter mentality.

What is the salary or compensation for this position?

This information is not specified in the job description.

What does the team structure look like for this role?

The role is within the U.S. Region Enterprise Contract Management (ECM) organization, specifically the Contract Validation & Analytics team, involving close collaboration with Customers, ECM experts, Operating Company Business Leaders/Account Teams, Regional Process Owners, Audit, Legal, and compliance partners.

What makes a strong candidate for this Manager position?

Strong candidates will have the ability to develop detailed analyses and quickly transition from detailed to high-level impact assessment, along with the demanded skills in data analytics, communication, and partnering.

Johnson & Johnson

Healthcare products in pharmaceuticals and devices.

About Johnson & Johnson

Johnson & Johnson operates in the healthcare sector with three main areas: pharmaceuticals, medical devices, and consumer health products. In the pharmaceuticals segment, the company develops prescription drugs for various medical conditions such as cancer and infectious diseases. The medical devices segment provides products used in surgeries and other medical procedures, while the consumer health segment offers over-the-counter products, including baby care and personal health items. Johnson & Johnson generates revenue through direct sales and partnerships, and it invests significantly in research and development to create new products that meet the needs of consumers and healthcare providers. The company stands out from competitors by emphasizing diversity, equity, and inclusion in its workplace, fostering an environment where employees can share their perspectives. Its goal is to improve patient outcomes and enhance the overall health and well-being of individuals globally.

New Brunswick, New JerseyHeadquarters

1886Year Founded

IPOCompany Stage

HealthcareIndustries

10,001+Employees

Risks

J&J faces a class action lawsuit in Australia over ineffective cold and flu medications.

Former J&J executives joining other firms could lead to increased competition.

Ongoing legal battles, like the lawsuit against Cigna, pose financial liabilities for J&J.

Differentiation

J&J operates in three segments: pharmaceuticals, medical devices, and consumer health.

The company invests heavily in R&D for innovative medical solutions and products.

J&J is committed to diversity, equity, and inclusion in its workplace culture.

Upsides

J&J's collaboration with Helsinki University Hospital focuses on value-based healthcare models.

The rise of personalized medicine offers J&J opportunities in targeted therapies.

Increased focus on digital health solutions presents expansion opportunities for J&J.

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