Johnson & Johnson is currently seeking a Senior Director, Margin Accelerationto join our team located in New Brunswick, NJ.
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/.
For more than 130 years, diversity, equity & inclusion (DEI) has been a part of our cultural fabric at Johnson & Johnson and woven into how we do business every day. Rooted in Our Credo, the values of DEI fuel our pursuit to create a healthier, more equitable world. Our diverse workforce and culture of belonging accelerate innovation to solve the world's most pressing healthcare challenges.
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We know that the success of our business - and our ability to deliver meaningful solutions - depends on how well we understand and meet the diverse needs of the communities we serve. Which is why we foster a culture of inclusion and belonging where all perspectives, abilities and experiences are valued and our people can reach their potential. At Johnson & Johnson, we all belong.
The Senior Director, Margin Acceleration, will play a pivotal role in driving gross margin improvement initiatives across MedTech. This is an important senior-level role, and we are looking for high-potential leaders who can navigate extreme complexity, work with tight timelines, and have a strong track record of delivering outstanding outcomes. This role has tremendous visibility to the entire MedTech Leadership Team (MTLT) and works in close connection with the Company Group Chairs and CFOs. This role will extensively collaborate with Business Units (BUs) and Regions, consolidate a roadmap of multiple initiatives, identify gaps, and work closely with the BUs/Regions to close those gaps.
Key Responsibilities:
- Collaborate with BU/Region leaders to identify and implement margin improvement opportunities.
- Consolidate a comprehensive roadmap of margin acceleration initiatives across BUs/Regions.
- Identify gaps in current margin improvement strategies and work closely with BUs/Regions to address and close these gaps.
- Act as a central point of contact for margin acceleration efforts, ensuring alignment with overall business objectives.
- Develop and execute strategic plans to address margin erosion and drive sustainable margin growth.
- Coordinate with cross-functional teams (Commercial, Supply Chain, Finance) to support margin improvement initiatives.
- Monitor and report on the progress of margin acceleration programs, providing regular updates to senior leadership.
- Helping to develop dashboards or common reporting metrics (both financial and non-financial) that help influence and drive decision-making at sector and BU/regional levels
- Ability to drive core connectivity between IBP, financials, and capital allocation decisions to improve our gross margin, inventory management, and capital efficiency metrics
- Foster a culture of accountability and continuous improvement within the BUs/Regions.
Qualifications
Qualifications:
- Bachelor's degree in Business, Finance, or a related field; MBA preferred.
- Proven experience in a senior leadership role, preferably within the MedTech industry.
- Strong understanding of gross margin dynamics and margin improvement strategies.
- Excellent leadership and team management skills.
- Ability to work collaboratively with cross-functional teams.
- Strong analytical and problem-solving skills.
- Excellent communication and presentation skills.
Key Competencies:
- Strategic Thinking
- Leadership
- Collaboration
- Accountability
- Analytical Skills
- Communication
The anticipated base pay range for this position is 173000 to 299000.