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The Johnson & Johnson Family of Companies is driven by people who are  innovative thinkers  strong leaders  energized by a team-oriented culture 

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Presentation on theme: "The Johnson & Johnson Family of Companies is driven by people who are  innovative thinkers  strong leaders  energized by a team-oriented culture "— Presentation transcript:

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2 The Johnson & Johnson Family of Companies is driven by people who are  innovative thinkers  strong leaders  energized by a team-oriented culture  excited by their personal career growth Most importantly: they are people who want to make a difference

3  a Fortune 50 global business leader  among the most admired and respected companies in the world  over $60 billion in sales  more than 250 companies with over 128,000 employees  exceptional financial stability and steady growth The facts about our company are almost as compelling as our people!

4  Scientifically formulated skin care brands  Personal care, infant, and wound care products  Health-related nutritional products  Trusted OTC consumer pharmaceuticals  Vision Care Consumer Business Segment

5 Our Consumer Companies

6 Pharmaceutical Business Segment Over 100 medicines for critical areas of global health care, including…  Heart disease  Cancer  HIV-AIDS  Schizophrenia and bipolar disorder  Migraine  Alzheimer’s disease  ADHD  Epilepsy  Upper respiratory diseases  Immunology  Infectious diseases  Gastrointestinal disorders  Dermatology  Hepatitis  Chronic pain  Female contraception  Inflammatory disorders such as arthritis, psoriasis, and Crohn’s disease

7 Our Pharmaceutical Companies

8 Leading developers of advanced medical products for…  Circulatory disease management  Orthopedic reconstruction  Wound care  Minimally invasive surgery  Open surgical procedures  Women’s health care  Neurology Medical Devices and Diagnostics (MD&D) Business Segment  Professional diagnostic procedures  Blood glucose monitoring (diabetes)

9 Our MD&D Companies

10 Our Credo  defines our strong commitments to customers, employees, communities, and stockholders  guides our business decisions  keeps us focused on making a difference in the quality of life around the world  underscores the importance of constant innovation  mandates a high level of integrity, corporate responsibility, and citizenship Our business is built on caring for people The philosophy behind our business…

11 Our small-company environments can empower you to  contribute ideas and expertise  own your portion of the business  quickly develop your skills and leadership capabilities  make strong contributions through teamwork and collaboration  experience a real level of comfort being who you are The most significant differences…

12 Through our big-company impact, you can experience  world-class training and career development  flexible career paths  the stability, resources, and momentum of a global business leader  working on top-tier product lines…  opportunities to help create solutions for health care on a global scale

13 FLDP A Partnership for Leadership

14 Designed specifically to prepare the future generation of J&J financial leaders. –Controllers & CFO’s FLDP – Objective:

15 Two years Two rotations Six weeks of training Varied business and technical experience Coaching and development Exposure to senior leadership Program Overview:

16 Develop strong foundation of technical accounting and finance skills Exposure to different business models (pharmaceuticals, consumer products, medical devices, corporate) Varied functional assignments –Operations Accounting –Financial Reporting –Sales & Marketing Finance –R&D Finance –Internal Audit Rotational Assignments

17 Locations New Jersey Pennsylvania California Massachusetts Georgia Florida Ohio Indiana Texas

18 Rotations Rotational assignments based upon: –Development needs –Requested preference –Personal limitations –Individual performance Company assisted relocation based upon increase in commute

19 Roles & Responsibilities Financial Closing process (Journal entries, account analysis, balance sheet reconciliations) Business Plan and Forecast Updates Business Partner Support Opportunities for teamwork, innovation, problem solving and presentations Budget vs. Actual Analysis/Trending Capital Budgeting and Decision-Making Sarbanes Oxley Controls and Compliance Special Projects

20 Shifting Responsibilities Projects & Analysis People Management Accounting, Budget Mgmt, SOX Projects & Analysis Accounting Projects/Analysis 2-3 years 4-6 years FLDP Continued Rotations (~2 years) Timing dependent upon individual performance and potential.

21 Training Held at J&J Corporate – New Brunswick, NJ Initial training – 1-2 weeks One week training approximately every 5 months. Delivered by program leaders, J&J executives, senior finance leaders, and external consultants Includes participants from several J&J international affiliates

22 Certification Strongly encourage everyone to pursue certification (CPA, CMA, CFM) Able to satisfy CPA requirements through rotation in internal audit J&J supports and funds any necessary training or study materials One time bonus for completing certification

23 FLDP Candidates Accounting, Finance, & Economics grads Driven, high potential performers Able to effectively lead others Willingness to learn and apply technical finance and accounting skills Honest, ethical, and can live up to Credo Strong interpersonal skills, team player

24 Co-op Program Overview

25 Co-op Program Objectives Provide “real world” learning experiences for accounting, finance,and economics majors Allow J&J to meet business requirements Provide an additional source of qualified entry- level candidates for the J&J Financial Leadership Development Program (FLDP)  Majority of FLDP Positions are filled by previous Co-op’s

26 Co-op Program Benefits of the Co-op Program Full-Time Responsibilities The “Six-Month Interview” Special Projects Networking Opportunities Exposure to J&J’s Corporate Culture Co-op Events

27 Positions & Job Functions Marketing Finance Work with Marketing to manage brand marketing expense’s Analysis and tracking of retail sales Month-end closing responsibilities Operations Finance Analysis of Cost of Goods Sold Cost estimates for new products and identifying cost savings Month-end closing responsibilities Financial Accounting Forecasting and budgeting of administrative and headcount reporting Balance sheet, income statement, and intercompany reconciliations Preparation of financial statements

28 Finance Co-op Program Summary 6 Month Assignments  January – June  July – December Qualifications  Accounting, Finance, or Economics majors  3.0 GPA

29 Contact Us Bill Brunk – Senior Financial Analyst Wbrunk@its.jnj.com Colleen Maier – Temple Recruiting Manager CMaier2@its.jnj.com


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