Merck & Co, Inc

Associate Director - Treasury Benefits

Merck & Co, Inc • $129K — $203K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • Minimum of five years in an accounting or finance role.
  • Strong analytical, communication, and organizational skills.
  • Project management and collaboration capabilities.
  • Advanced proficiency in Microsoft Excel, especially with large data sets.

Responsibilities

  • Partner with Human Resources, Legal, and Finance teams on benefit design changes.
  • Lead budgeting, forecasting, and financial closing activities for over $1 billion in expenses.
  • Ensure compliant funding processes for employee benefits expenditures.
  • Prepare schedules and analyses for quarterly and annual reporting requirements.
  • Oversee global and domestic third-party service providers.
  • Maintain compliance with internal controls.

Benefits

  • Medical, dental, and vision healthcare for employees and families.
  • Retirement benefits, including a 401(k) plan.
  • Paid holidays, vacation, and sick days.
  • Compassionate leave benefits.
Full Job Description

Job Description

Reporting to the Director, the Associate Director, Treasury Benefits Finance, is responsible for providing financial support for domestic and global benefits programs.

Key responsibilities include forecasting, financial analysis, accounting, reporting, compliance, and funding.

Primary Activities:

  • Partner with and support Human Resources, Legal, Tax, and local finance teams on strategic benefit design changes and related initiatives.

  • Lead budgeting, forecasting, and monthly and quarterly close activities related to more than $1 billion in employee benefit expense.

  • Ensure the efficient and compliant funding of more than $1 billion in employee benefits spend.

  • Prepare schedules and analyses to support the Company’s quarterly and annual reporting requirements.

  • Provide oversight of global and domestic third-party service providers;

  • Maintain adherence to internal controls and support ongoing compliance requirements.

 

Qualifications

Education Minimum Requirement:

  • Bachelor’s degree in Accounting, Finance, or a related field.

Required Experience and Skills: 

  • Minimum of five years of demonstrated experience in an accounting or finance role.

  • Ability to work independently, accurately, and effectively under time constraints.

  • Strong analytical, communication, organizational, project management, and collaboration skills.

  • Advanced proficiency in Microsoft Excel and demonstrated ability to work with large data sets.

Preferred Experience and Skills:

  • CPA certification.

  • Familiarity with accounting and financial statement preparation.

  • Demonstrated client-facing experience.

  • Audit experience preferred.

Required Skills:

Cash Management, Customer Service, Debt Capital Markets, Debt Management, Economic Analysis, Financial Analysis, Financial Modeling, Foreign Exchange Management, Investor Relations Support, Planning Budgeting And Forecasting (PBF), Preparation of Financial Reports, Proactive Behavior, Relationship Management, Treasury Management

Preferred Skills:

Current Employees apply HERE

Current Contingent Workers apply HERE

US and Puerto Rico Residents Only:

Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here if you need an accommodation during the application or hiring process.

The salary range for this role is

$129,000.00 - $203,100.00

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:

Regular

Relocation:

No relocation

VISA Sponsorship:

No

Travel Requirements:

10%

Flexible Work Arrangements:

Hybrid

Shift:

Not Indicated

Valid Driving License:

No

Hazardous Material(s):

n/a

Job Posting End Date:

10/8/2026

*A job posting is effective until 11:59:59PM on the day BEFOREthe listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.

About Merck & Co, Inc

Schering-Plough Corporation is a major U.S.-based manufacturer of pharmaceuticals. It operates in three segments: Prescription Pharmaceuticals, Animal Health, and Consumer Health Care. Schering-Plough develops products targeting on allergy, cancer, hepatitis, cardiovascular, central nervous system, respiratory system, and more.  It was founded in 1851 by Ernst Christian Friedrich Schering as Schering AG in Germany. Schering-Plough manufactured several pharmaceutical drugs, the most well-known of which were the allergy drugs Claritin and Clarinex, an anti-cholesterol drug Vytorin, and a brain tumor drug Temodar. It also developed drugs targeting on central nervous system and the respiratory system. Schering Plough also owned and operated the major foot care brand name Dr. Scholl's and the skin care line Coppertone. These also became a part of the new company. Schering-Plough was a full member of the European Federation of Pharmaceutical Industries and Associations (EFPIA), a membership which is also maintained by the new Merck.

Merck & Co, Inc Careers

Join the visionary team at Merck & Co, Inc, a global leader in healthcare dedicated to advancing the world of medicine. As part of our professional community, you'll find dynamic job opportunities that foster innovation and leadership across various fields. Merck & Co, Inc is not just a company; it's a place where you can make a difference.

Work You’ll Do

At Merck & Co, Inc, we are committed to improving global health through groundbreaking research and innovative healthcare solutions. Our team is at the forefront of developing new therapies and vaccines that significantly impact public health worldwide. By joining us, you will collaborate with some of the brightest minds in the industry, using your skills to contribute to projects that save and improve lives around the globe.

Explore Career Paths

Whether you're seeking an internship, a graduate opportunity, or a professional position, Merck & Co, Inc offers a range of career paths in environments that promote rapid professional growth and development. Explore job opportunities in research, digital transformation, manufacturing, and more, all while benefiting from a culture that supports diversity and inclusion.

Innovate and Lead

Merck & Co, Inc is an ideal environment for those who lead with curiosity and the drive to innovate. Our leadership is committed to fostering a culture where inventive thinking and collaboration are encouraged, making it a perfect place for professionals who seek to make an impact through their work.

Develop Your Skills

With Merck & Co, Inc, you are not just getting a job; you're gaining access to unparalleled career development opportunities. Enhance your skills through diverse training programs, workshops, and continuous learning courses designed to help you grow at every stage of your career.

Benefits and Culture

We understand that our employees are our greatest asset, which is why we offer competitive benefits designed to support the health and well-being of you and your family. From comprehensive health care coverage and retirement plans to flexible working conditions and wellness programs, our benefits package is designed to meet the diverse needs of our team members.

Join Our Team

Ready to advance your career at Merck & Co, Inc? Search open positions that match your skills and interests. We are continuously hiring and looking for passionate, creative, and solution-driven team players. Prepare your resume, sharpen your interview skills, and become part of a company that's dedicated to making a difference.

Stay Connected

Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Engage with us through our careers blog and by participating in networking events and employment fairs. Subscribe to receive personalized job alerts and the latest news tailored to your preferences. Discover the exciting and rewarding opportunities that await at Merck & Co, Inc. Join us in our mission to improve health and wellness around the world.
Learn more about Merck & Co, Inc
Size
68,000 employees
Market Cap
$282.6 billion
Industry
Net Income
$7 billion
Founded
1668
5 Year Trend
+4.1%
Revenue
$47.9 billion
NASDAQ

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