Job Description

Under the guidance of the Director, Financial Planning and Analysis (FP&A) Global Supplier Management Organization (GSMG) Finance Organization, this position is primarily responsible for executing financial planning, analysis and reporting of sourcing savings activities in support of the Global Supplier Management Organization (GSMG).

GSMG manages ~$24B of annual third-party spend and thrives to not only source, but also optimize the use of suppliers, leverage spend, and ensure a robust compliance process to minimize risk to the Company. The organization also leads transformational initiatives that impact the entire Company. GSMG Finance collaborates with all divisions and functions leveraging teams across the world. The associate director will serve as an important business partner to GSMG by providing a wide array of financial support.

Primary responsibilities for this position include, but are not limited to the following:

• Own days payable outstanding (DPO) actuals & forecasting as part of the company’s Working Capital process, including presentation of results to GSMG leadership & Treasury leadership.

• Own the facilitation of the multiyear optimization (MYO) savings target, forecast & actuals reporting process through stakeholder support activities & data integrity review to ensure a valued output for GSMG stakeholders. Drive continuous improvement of dashboards to better serve needs as they evolve.

• Own financial guidance in support of the supplier financial risk assessment process, which includes providing training & guidance to Risk Operations team on financial best practices and processes.

• Serve as a financial gatekeeper on validating projects for compliance adherence and to measure potential for savings realization against established savings guidelines.

• Audit support for capital payables review process.

• Proactively challenge and drive continuous process improvement through optimization, standardization, and simplification.

• Prepare ad-hoc reports on spend analysis or sourcing projects. Including payment terms optionality analysis & Net Present Value (NPV) analysis to determine optimal sourcing options.

• Create, maintain, and enhance data visualization solutions to enhance ability of stakeholders to view Key Performance Indicators (KPIs) in a streamlined manner & gain rapid insights.

• Participate in budgeting and forecasting processes in collaboration with respective finance clients when required.

• Ad hoc enhancement projects as needed.

Position Qualifications:

Education Minimum Requirement:

• Bachelor’s degree in finance, Business Administration, Accounting, Economics, or other relevant degree

Required Experience and Skills:

• Minimum of 7 years of work experience in a finance, procurement, accounting or similar role.

• Strong FP&A planning, analysis, and reporting skills

• Strong analytical and data organization / interpretation skills

• Ability to work simultaneously on multiple tasks under tight deadlines, effectively prioritize workload, and complete tasks promptly and accurately

• Strong customer focus / orientation with an ability to work well in a team environment and foster professional relationships.

• Ability to read, analyze, and interpret corporate financial statements

• Process improvement orientation, innovation and change agent.

• Intermediate to Advanced Microsoft 365 skills (MS Excel, Word, PowerPoint, Teams) required

• Experience with Large Enterprise Resource Planning systems (ERPs) and query tools, especially desirable would be experience with SAP, BPC, Power BI

• Demonstrated commitment to education and professional development

Preferred Experience and Skills:

• MBA

• Professional experience at an organization with operations across multiple countries

• Experience with internal controls and process standardization

• Experience in value tracking & management

Required Skills:

Preferred Skills:

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Current Contingent Workers apply HERE

The salary range for this role is

This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. An employee’s position within the salary range will be based on several factors including, but not limited to relevant education, qualifications, certifications, experience, skills, geographic location, government requirements, and business or organizational needs.

The successful candidate will be eligible for annual bonus and long-term incentive, if applicable.

We offer a comprehensive package of benefits.  Available benefits include medical, dental, vision healthcare and other insurance benefits (for employee and family), retirement benefits, including 401(k), paid holidays, vacation, and compassionate and sick days. More information about benefits is available at https://jobs.merck.com/us/en/compensation-and-benefits.

You can apply for this role through https://jobs.merck.com/us/en (or via the Workday Jobs Hub if you are a current employee). The application deadline for this position is stated on this posting.

San Francisco Residents Only: We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance Ordinance

Los Angeles Residents Only: We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance

Search Firm Representatives Please Read Carefully 
Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company.  No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails. 

Employee Status:

Relocation:

VISA Sponsorship:

Travel Requirements:

Flexible Work Arrangements:

Shift:

Valid Driving License:

Hazardous Material(s):

Job Posting End Date:

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