Principal Project Manager

Johnson & Johnson Innovative Medicine•Warsaw, IN

1d•$117,000 - $201,250•Hybrid

About The Position

The Principal Project Manager, Hip & Knee R&D Data Operations, Budget & Program Excellence serves as a strategic leader within the Hip & Knee R&D organization. This individual is responsible for advancing portfolio visibility, enabling data-driven decision making, and driving operational excellence across project, program, and budget management processes. The role leads high-impact initiatives focused on portfolio analytics, financial planning, resource management, governance, reporting, digital tool deployment, and business process transformation. Working across Hip and Knee within our Depuy Synthes organization, partnering closely with PMO, Finance, Clinical, Quality, Regulatory, Supply Chain, and Commercial organizations, the Principal Project Manager ensures scalable operating models enable improved execution, decision quality, and organizational effectiveness. This position acts as a trusted partner to Hip and Knee R&D Leadership, translating business needs into actionable programs, analytics, and operational solutions that support innovation and portfolio growth.

Requirements

Bachelor's degree in Engineering, Business, Finance, Data Analytics, Life Sciences, or related field required.
Minimum 8-10 years of progressive experience in project management, program management, PMO, portfolio management, business operations, finance, or related disciplines.
Minimum 5 years of experience within a regulated industry; medical device, pharmaceutical, or healthcare experience strongly preferred.
Demonstrated success leading complex cross-functional programs and organizational initiatives.
Experience managing R&D budgets, financial planning, forecasting, and investment analysis.
Experience developing or implementing portfolio management systems, analytics solutions, dashboards, or business intelligence tools.
Proven ability to influence senior leaders and drive organizational change in matrix environments.

Nice To Haves

MBA, Master's degree, or other advanced degree preferred.
Project Management Professional (PMP)
Agile or Scrum Certification
Portfolio Management Professional (PMP)
Lean Six Sigma Certification

Responsibilities

Lead the development and continuous improvement of R&D portfolio analytics, dashboards, metrics, and reporting capabilities.
Establish governance processes for portfolio data accuracy, consistency, transparency, and accessibility.
Partner with Finance, PMO, R&D and cross functional teams to design and implement integrated reporting solutions for project, portfolio, resource, and financial management.
Drive deployment and adoption of portfolio management tools, analytics platforms, databases, and reporting systems.
Translate complex data into executive-ready insights that support strategic investment and resource allocation decisions.
Develop performance metrics and operational KPIs to monitor portfolio health, execution effectiveness, and organizational productivity.
Lead annual operating planning, long-range financial planning, and portfolio investment management activities for Hip & Knee R&D.
Develop and manage portfolio budget tracking processes, forecasts, spend analyses, and variance reporting.
Partner with Finance and R&D leaders to evaluate investment opportunities, business cases, ROI analyses, and capital allocation decisions.
Support development of resource demand, capacity planning, and workforce investment strategies.
Provide financial insights and recommendations for portfolio prioritization and business planning decisions.
Lead complex cross-functional initiatives focused on business transformation, operational excellence, digital enablement, and portfolio management.
Develop project charters, schedules, milestones, governance plans, communication strategies, and risk mitigation plans.
Identify risks, dependencies, resource constraints, and business impacts while driving timely resolution.
Facilitate decision-making across diverse stakeholder groups and influence alignment in a highly matrixed environment.
Ensure initiatives are executed on time, within scope, and aligned to strategic objectives.
Support portfolio review processes, stage-gate governance, investment reviews, and executive decision forums.
Develop standardized project management methodologies, operating procedures, templates, and reporting tools, in concert with Orthopaedics processes.
Drive continuous improvement initiatives that improve execution speed, portfolio visibility, resource effectiveness, and organizational efficiency.
Serve as a subject matter expert in portfolio management, governance, project management, and business operations.
Mentor project managers and operational leaders in best practices for program execution and portfolio management.
Build strong partnerships with Hip & Knee R&D Leadership, PMO, Finance, Quality, Regulatory Affairs, Supply Chain, Marketing.
Present portfolio performance, budget status, key risks, and strategic recommendations to senior leadership teams.
Develop executive-level communications, presentations, and decision-support materials.
Lead workshops and alignment sessions to build consensus and drive organizational change.
Serve as a key liaison between business stakeholders, technical teams, and leadership forums.

Benefits

Consolidated retirement plan (pension)
Savings plan (401(k))
Long-term incentive program
Vacation –120 hours per calendar year
Sick time - 40 hours per calendar year (or 48/56 hours in CO/WA)
Holiday pay, including Floating Holidays –13 days per calendar year
Work, Personal and Family Time - up to 40 hours per calendar year
Parental Leave – 480 hours within one year of the birth/adoption/foster care of a child
Bereavement Leave – 240 hours for an immediate family member: 40 hours for an extended family member per calendar year
Caregiver Leave – 80 hours in a 52-week rolling period
Volunteer Leave – 32 hours per calendar year
Military Spouse Time-Off – 80 hours per calendar year