Job Description
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 jnj.com As guided by Our Credo, Johnson & Johnson is responsible to our employees who work with us throughout the world. We provide an inclusive work environment where each person is considered as an individual. At Johnson & Johnson, we respect the diversity and dignity of our employees and recognize their merit. Job Function: Finance Job Sub Function: Finance Business Partners Job Category: Professional All Job Posting Locations: Irvine, California, United States of America Job Description: Johnson & Johnson Finance is recruiting for a Neurovascular (NV) Division Supply Chain (SC) Senior Financial Analyst located in Irvine, CA. 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/ . Neurovascular is part of Johnson & Johnson Medical Devices Companies, is a global leader in neurovascular care. Our commitment to changing the trajectory of stroke is inspired by our long heritage and dedication to helping physicians protect people from a lifetime of hardship. JOHNSON & JOHNSON Medtech – Neurovascular division offers a broad portfolio of devices used in the endovascular treatment of hemorrhagic and ischemic stroke. What are we looking for? We are seeking a driven Senior Financial Analyst to own inventory analytics, SLOB (slow‑moving & obsolete inventory) mitigation strategies, implementing annual cost revision simulations and standards setting processes, and drive implementation of improved J&J system structures with agility. In this high‑impact role, you’ll combine hands‑on accounting with strategic analysis and process innovation to transform inventory performance across the business and, in partnership with the U.S. Supply Chain Finance Manager, support attainment of cash‑flow targets. The ideal candidate is eager to develop and maintain strong cross-functional partnerships with commercial, supply chain, and planning teams to ensure coordinated decision-making and consistent execution of inventory objectives. All employees are responsible for ensuring compliance to Sarbanes Oxley requirements and supporting compliance processes. You are also required to enforce all company guidelines, policies and procedures related to Health, Safety and Environmental, and ensure personal and company compliance with all Federal, State, local regulations. Responsibilities: Lead inventory and SLOB analysis: aging, velocity, cycle counts, and SKU-level profitability to identify at-risk inventory. Develop and execute SLOB mitigation strategies (liquidation, rework, price adjustments, demand shaping) and quantify financial impact. Prepare and post month-end journal entries related to inventory adjustments, reserves, and cost center allocations. Reconcile balance sheet inventory accounts (inventory GL, SLOB reserves, accruals, intercompany) and maintain audit-ready supporting schedules. Reconcile cost variances to budget/forecast, investigate drivers, and present recommendations to reduce adverse variances. Build and maintain models and dashboards to track inventory KPIs (SLOB %, days inventory outstanding, inventory turns, reserve accuracy). Develop, implement, and maintain standard costing methodologies for all U.S. manufacturing sites, ensuring consistency with accounting policy and operational practices. Collect and validate operational inputs (BOMs, routings, time standards, labor rates, overhead drivers) in partnership with manufacturing, engineering, procurement, and planning teams to ensure accurate cost build-ups. Configure and maintain costing master data in the ERP/costing module, manag