Merck & Co, Inc

Director, IT Finance

Merck & Co, Inc$156K — $247K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years in finance, business operations, or investment management
  • Proven team leadership skills
  • Experience executing large-scale transformational projects
  • Strong analytical capabilities
  • Familiarity with financial evaluation frameworks
  • Ability to analyze budgets and cost drivers for insights
  • Effective communicator for both technical and non-technical stakeholders

Responsibilities

  • Serve as a trusted advisor to the VP of EIT, translating financial insights into strategic decisions
  • Support the IT Financial Management transformation initiatives
  • Manage a finance team of 7 professionals, focusing on talent development and execution
  • Address operational barriers and ensure compliance with risk management
  • Lead the development of budgets, forecasts, and alignment to enterprise priorities
  • Consolidate periodic forecasting exercises for the IT division
  • Facilitate resource allocation to maximize value across enterprise technology

Benefits

  • Flexible hybrid work arrangements
  • Opportunities for professional development
  • Collaborative work environment
  • Engagement in transformative IT initiatives
  • Involvement in strategic financial decision-making
Full Job Description

Job Description

IT Finance is a full service Financial Planning & Analysis function that guides our Information Technology organization to invest in value creating capabilities to help our company save and improve lives.

The Finance Director Enterprise IT (EIT) and IT Finance COE is a senior finance leader that  supports two key functions within Information Technology. 

This role is the senior finance partner to the leadership of EIT, which strives to be the heartbeat of the organization, serving as a trusted partner to the business by delivering high-quality enterprise solutions with speed-to-value and agility. EIT seeks to enable business process simplification and harmonization while advancing the digital enterprise through data-driven insights that optimize the user experience.

This role also leads the IT Finance COE, which is the central coordinating and consolidating services team for all of IT Finance, with core COE functions including monthly reporting, ongoing and periodic forecasting and planning exercises.  The COE also coordinates with other business enablement functions in the IT division including Business of IT, Financial Operations, and the Apptio team.  The role is also responsible for the Chief Information and Digital Officer’s (CIDO) administrative budget.

Responsibilities of this role include:

Leadership & Partnership:

  • Serve as a trusted advisor, and partner to the VP of EIT and its respective value teams translating financial insights into decisions that improve prioritization and value realization

  • Support IT Financial Management transformation emerging from the Business of IT program, including evolution of the product model, workforce/resource management and demand management.

  • Manage a team of 7 Finance professionals, including 4 direct reports by setting direction, developing talent, and ensuring strong execution across priorities.

  • Removes barriers, manages exceptions, and ensures risk and compliance requirements are proactively addressed and remediated

Financial Planning & Analysis:

  • Lead Budget, LROP and Forecasts development for Enterprise IT and the CIDO’s administrative budget ensuring alignment to enterprise priorities and investment objectives.

  • Coordinate and consolidate the IT division’s periodic forecasting exercises including 5-year plan and annual budgets.

  • Provide periodic financial management reports and analysis that highlights performance trends, risks, opportunities, and recommended actions.

  • Facilitate trade-offs to ensure resources are allocated to the highest value programs and capabilities.

  • Develop Integrated Business Cases for EIT’s technology investments in partnership with business stakeholders and Divisional Finance to articulate the value expectations of investments

Cross Divisional Coordination and Innovation:

  • Support transformational initiatives in other IT areas including Business of IT, FinOps, and the Apptio team

  • Drive a value first, enabled by AI, mindset across business partner areas

Required Skills:

  • Minimum of 7+ years in finance, business operations, business strategy, investment management, or similar field

  • Experience with leading teams and managing people

  • Plan, lead and implement successful large-scale transformations in an ambiguous, fast paced environment, with multiple stakeholders and levels of leadership involved      

  • Strong analytical skills

  • Knowledge of FE&A frameworks to define ROI, and align on value capture/realization

  • Ability to assess budgets, cost optimization and cost drivers to provide meaningful insights for teams developing business cases and making investment decisions

  • Ability to guide and influence interdisciplinary teams on Financial concepts and how that impacts Value Management

  • Communicate financial and performance information to leadership and colleagues for both technical and non-technical audiences

  • Demonstrated ability to act as strategic thought partner and trusted advisor to business stakeholders

  • Knowledge and experience with data analysis platforms such as PowerBI.

Preferred Skills:

  • Work well in a matrixed organization and across global teams to drive alignment

  • Demonstrate strong communicating and influencing abilities to ensure buy-in from leadership and the business

  • Financial Evaluation or other Value Management experience

  • Flex between high-level strategic thinking and tactical implementation

  • Bring a unique perspective, curiosity and innovate mindset to reimagine how generative AI and agents will change current ways of working

Education Requirements:

  • Required: Bachelor’s Degree in Finance, business, information technology, or related discipline

  • MBA Preferred

Required Skills:

Preferred Skills:

Current Employees apply HERE

Current Contingent Workers apply HERE

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:

06/25/2026

*A job posting is effective until 11:59:59PM on the day BEFORE the 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

Similar Jobs

More Jobs at Merck & Co, Inc

More Finance & Insurance Jobs

Find similar Director, IT Finance jobs: