Director, Government Pricing & Contract Compliance Johnson & Johnson Healthcare Systems, Inc.
Somya Bhatnagar works at Johnson & Johnson Healthcare Systems as Director, Government Pricing & Contract Compliance Officer providing oversight of Contract Strategy & management (CSM) and the broader ‘Deliver’ organization. In this role Somya is responsible for leading the Government Contracting & Pricing Compliance program at the company to ensure business practices and activities are in compliance with J&J internal guidelines, regulations, and legislative requirements by providing oversight, direction, guidance, and support to the business and senior management. In her role, Somya conducts risk assessment to detect process gaps and inconsistencies and coordinates preparations for compliance audits and tests. She also implements corrective actions and provides guidance to the business to close gaps identified during audits, assessments, testing and monitoring. She interfaces with legal counsel regarding government pricing and contracting requirements and interpretation to enable creation of new policies and guidance regarding government contracting and pricing. Most recently, she successfully implemented a ‘Wrap-around’ compliance program at her company to consolidate results from various compliance-related audits, tests and monitoring activities to enable data trending and analytics in order to aide management decision making regarding allocation of resources to the focus areas. She is a member of the CSM Leadership Team enabling close connections between the organization’s leaders and the Compliance organization. She is also a leader of the J&J Credo Team at the organization. Prior to joining Johnson & Johnson, Somya held positions of increasing responsibility in the areas of Government Pricing, Contracting & Forecasting at Novartis Pharmaceuticals Corporation and Pfizer, Inc. Somya holds a Bachelor Degree and Master of Business Management Degree from India, and a Master of Business Administration in Finance from Rutgers University. Somya lives in Basking Ridge, NJ with her husband Akhilesh and two children, Ayaan and Myra.