Procurement Accounting Senior Team Lead
6 days ago
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J&J Family of Companies Procurement Accounting Senior Team Lead in Paranaque , PhilippinesAt 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: Accounting
Job Category:
All Job Posting Locations: Paranaque, National Capital Region (Manila), Philippines
Job Description:
At Johnson & Johnson (J&J), we are passionate about our mission to care for the world, one person at a time. We adopt research and innovation, providing groundbreaking ideas, products, and services that advance the health and well-being of people globally. As part of our Employee Family, you'll join over 128,700 teammates across more than 275 operating companies in 60 countries, united in a dedication to improving lives daily.
As a member of our Global Finance team, you will have exclusive access to a network of financial professionals located in over 60 countries. This new network will help you build on your current skills and explore opportunities to grow your career at J&J.
This role will be part of the Global Services Finance team in the Procurement Accounting process area. The Global Services Finance organization provides best-in-class, cost-effective financial services, and compliance—in a J&J way—to our Operating Companies around the world.
The Procurement Accounting team is responsible for the complete and accurate accounting for all the payable process flows, including but not limited to Prepayments, GRIR, and AP balance sheet accounts.
Key Responsibilities:
- Be compliant with applicable laws and regulations, and follow guidelines in the J&J Credo
- Maintain Operational Excellence
• Responsible for executing accounting and daily operations for the Procurement Accounting process area.
• Timely closing & execution of financial periods as per the closing calendar and in accordance with SLA commitments, fully observing Compliance, Internal Audit & SOX requirements.
• Accountable for completeness, accuracy, and validity of the actuals reported within process/entity scope.
• Driving deep expertise, ensuring the team is fully knowledgeable of the Worldwide Procedures and compliance requirements for respective areas.
• Lead Accounting team (team of B25 and below associates).
• Operational Lead of Accounting team (team of B25 and below associates). No direct reporting lines.
• Support auditors and legal authorities with the execution of required activities.
• Understand, adhere to, and execute per worldwide policies and procedures. Identify compliance risks and recommend solutions to remediate/prevent a breach.
• Ensure strong internal controls are in place, in order to achieve "adequate" internal and external audit ratings.
- Talent Management
• Attract, develop, and retain a highly competent, high-performing, motivated, and diverse Credo-based team.
• Develop succession plans for and support the career development of the team.
• Ensure effective performance management within the team.
- Be a Trusted Business Partner
• Execute global Strategy & Solutions in line with taxonomy.
• Internally recruit, mentor, and drive the individual Process SMEs to ensure cross sector, cross region, and cross process alignment, ensuring good documentation is maintained and consistency of a global approach.
• If assigned a role of Operational Key Contact (OKC) then candidates will be the key liaison point within their Process for a defined Region & Sector with BUF and CFMs, answering queries, coordinating with SMEs/analysts on process and operational matters, resolving issues and updating partners on close status.
• If assigned a role of Subject Matter Expert (SME) then candidates will be responsible to ensure cross sector, cross region, and cross process alignment, ensuring good documentation is maintained and consistency of a global approach.
- Create Game-Changing Innovation
• Generate ideas, fosters, and implements continuous improvement mindset, identifying and pursuing process efficiency opportunities.
• Influence and Execute process improvements, generating ideas and implementing in line with global standards.
Qualifications:
Education
• A minimum of a Bachelor's level degree or equivalent is required, preferably in accounting, finance, or related business discipline.
• CPA, CMA, MBA and/or other financial certifications is preferred.
Required
• At least 6-8 years of professional experience is required.
• Experience in a Shared Service Centre of a multinational corporation or BPO.
• Experience in a Global Account to Report function of a large multi-state company.
• At least 2-4 years of Management / Supervisory experience is required.
• Willing to work at night (8PM-5AM MNL)
• Willing to work at Edison Ave., Merville, Paranaque
• Willing to work on a temporary hybrid setup (3X RTO)
• Strong interpersonal skills and the ability to interact with employees at all levels.
• Be open to new ideas, rapid change and embracing new technologies.
• Ability to handle ambiguity and fluid situations, demonstrating a pragmatic approach.
• Successfully manage multiple priorities, be very organized and work efficiently to tight deadlines.
• Solid US GAAP accounting knowledge.
• Digital/ intelligent automation capabilities.
Other
• This position will require up to 10-20% international travel.
• Proficient in ERP systems (SAP preferred) and MS Office in particular Excel.
• Candidates may be asked to work shifts to align with global assignments in Americas / EMEA / Asia.
• Lead/Participate in other Regional/Global/Cross functional duties as assigned.
• Strong written and verbal communication skills in English.
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