Clinical Forecasting Senior (CFS)
Johnson & Johnson is currently seeking a Clinical Forecasting Specialist (CFS), located in Belgium.
The CFS takes on a role of an integrator and translate the functional needs into the Clinical Development Operations Out-of-Pocket (OOP) forecast. Proactively partnering with the clinical functions to provide trial cost scenario planning, handling all aspects of OOP updates including those for Business Plan, Long Range Financial Plan, and Medical Affairs Operations (MAO) Billing Cycles, CFS ensures accuracy and compliance of monthly and quarterly forecasting and closing cycles. For the closing cycles, CFS supports the functions on the required accruals, reclasses, and advanced payments to align to the budgetary forecast target within that quarter for their assigned trials. Additionally, the role will support the GD Delivery Units Project Management roles (CPM),Program Management Leads and Clinical Functions by completing a variety of operational activities including functional detailed forecasting of study work, drivers, name assignments, algorithm review, reason codes, manual updates of resources, and associated reporting. MAO function-specific process activities and interactions with other partners, such as commercial, apply as required.
Your key responsibilities:
- Leading validation of drivers, reconciling and maintaining data accuracy for Planisware and UCT systems as well as providing insightful decision support using reporting platforms (e.g. Tableau, Spotfire, UCT, Viz Café) for OOP.
- Tracking and reporting of Planned Forecast versus Actuals across the TA, program and the individual studies.
- Providing ongoing support in data management, analytics and reporting related to forecasting process.
- At quarter close, reconciling and maintaining data accuracy for all systems, non-billable transactions, and mismatch reconciliation as part of the end to end OOPs adjustments.
- Providing commentary for the JU/LRFP, NU and FBP Budget versus Budget (BvB) and quarter close Budget versus Actuals (BvA) for financial applications and continuous forecasting.
- Recommending technical and process improvements for functional OOP planning and resourcing.
- Leads functional review meetings on a monthly basis and support budget gap analysis to align the continuous forecast to the actual plan.
- Supports the function and governance processes by providing multiple forecasting scenarios.
- Involvement in forecasting issue resolution activities.
