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Job Details


Merck & Co, Inc

Associate Director, Finance - External Manufacturing

Finance

Finance

No

Rahway, New Jersey, United States

Job Description

Our Finance team brings together our financial perspectives into our overall strategic and tactical decision making. We use state-of-the-art techniques for financial analysis, planning, accounting, reporting and performance evaluation. This allows the organization to continue advancing medical innovation and improve lives.

Position Description:

Reporting into the Finance Director, External Manufacturing (ExM), and supporting Global Vaccines Operations (GVO), the Associate Director, Finance will manage ongoing and new ExM Vaccines relationships, including in-line and pipeline products. The incumbent will provide financial guidance and advice to ExM leadership and Focus Factory teams supporting many aspects of supplier relationships, including: Vendor selection, contract negotiation & review, risk assessments, savings calculations, financial controls, budgeting, forecasting, and reporting. The position will also coordinate ExM activities with several other cross-functional areas including: GVO Finance, procurement, legal, logistics, tax, treasury, network finance and accounting standards.

Responsibilities include but are not limited to the following:

  • Implement and oversee financial reporting and controls associated with ExM Vaccines relationships which support our company’s products.

  • ExM relationship terms and conditions can vary significantly, therefore the incumbent will need to study and understand specifics of numerous agreements.

  • Manage various aspects of new ExM relationships through collaboration with finance, operations, business development and network stakeholders. This may include activities such as due diligence, standard costing, entity structure set up, and inventory reconciliation mechanisms, as well as understanding and applying “true-up” mechanisms included in contracts.

  • Review and provide feedback on supplier awards prior to presentation to External Manufacturing Leadership Team and Global Sourcing Committee.

  • Monitor financial strength of suppliers and liaise with Procurement to assess solvency and supply risk.

  • Prepare and analyze monthly results, forecasts and other reports for use by our manufacturing division and Corporate management. Preparation of these reports requires a comprehensive knowledge of manufacturing accounting policies, procedures and cost systems.

  • Take a significant role in the annual Budget and LROP process.

  • Coordinate tracking of various productivity programs and initiatives.

  • Develop and recommend new and/or improved methods, plans, policies and changes in present practices for the purpose of accumulating, reporting and controlling costs. This includes searching out opportunities and ideas for cost reductions and other efficiencies through analysis of financial and measurement data.

  • Support digital solution implementations as necessary. Identify dashboards, reports and analyses that can be completed using a digital solution as opposed to current excel workbooks.

  • Prepare financial analysis: cash flows, NPV, income statements, balance sheets.

  • Provide finance support for any other ad hoc issues that may develop.

  • Visit suppliers if necessary, therefore international travel may be required.

Position Qualifications:

Education Minimum Requirement:

  • BS/BA required, preferably in Accounting, Finance or Business Administration.

Required Experience and Skills:

  • Around 5-7 years of demonstrated experience in an accounting, finance or forecasting related role.

  • Excellent interpersonal, communication, collaboration, negotiation, and problem solving

  • Demonstrated ability to act in a business partnership role, advising, guiding, influencing

  • Ability to lead through change and ambiguity

  • Good knowledge of systems (e.g. Excel, Powerpoint, SAP, PowerBI or other analytical tools)

Preferred Experience and Skills:

  • A minimum of 2 years of demonstrated experience in a manufacturing or cost accounting related role.

  • A minimum of 1 years of project management related experience.

  • MBA/CPA

  • Demonstrated leadership, team building/people management abilities and sensitivity to diverse cultures.

  • Ability to work independently and be decisive in ambiguous environment

  • Excellent data analytics required alongside ability to take an assumptions-based approach.

  • Excellent written and verbal communication skills.

  • Strong influencing skills; Ability to challenge and drive results

Our Support Functions deliver services and make recommendations about ways to enhance our workplace and the culture of our organization. Our Support Functions include HR, Finance, Information Technology, Legal, Procurement, Administration, Facilities and Security.

Who we are …

We are known as Merck & Co., Inc., Rahway, New Jersey, USA in the United States and Canada and MSD everywhere else. For more than a century, we have been inventing for life, bringing forward medicines and vaccines for many of the world's most challenging diseases. Today, our company continues to be at the forefront of research to deliver innovative health solutions and advance the prevention and treatment of diseases that threaten people and animals around the world.

What we look for …

Imagine getting up in the morning for a job as important as helping to save and improve lives around the world. Here, you have that opportunity. You can put your empathy, creativity, digital mastery, or scientific genius to work in collaboration with a diverse group of colleagues who pursue and bring hope to countless people who are battling some of the most challenging diseases of our time. Our team is constantly evolving, so if you are among the intellectually curious, join us—and start making your impact today.

NOTICE FOR INTERNAL APPLICANTS

In accordance with Managers' Policy - Job Posting and Employee Placement, all employees subject to this policy are required to have a minimum of twelve (12) months of service in current position prior to applying for open positions.

If you have been offered a separation benefits package, but have not yet reached your separation date and are offered a position within the salary and geographical parameters as set forth in the Summary Plan Description (SPD) of your separation package, then you are no longer eligible for your separation benefits package. To discuss in more detail, please contact your HRBP or Talent Acquisition Advisor.

We are proud to be a company that embraces the value of bringing diverse, talented, and committed people together. The fastest way to breakthrough innovation is when diverse ideas come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively. We are an equal opportunity employer, committed to fostering an inclusive and diverse workplace.

Residents of Colorado

Click here to request this role’s pay range.

Employees working in roles that the Company determines require routine collaboration with external stakeholders, such as customer-facing commercial, or research-based roles, will be expected to comply not only with Company policy but also with policies established by such external stakeholders (for example, a requirement to be vaccinated against COVID-19 in order to access a facility or meet with stakeholders). Please understand that, as permitted by applicable law, if you have not been vaccinated against COVID-19 and an essential function of your job is to call on external stakeholders who require vaccination to enter their premises or engage in face-to-face meetings, then your employment may pose an undue burden to business operations, in which case you may not be offered employment, or your employment could be terminated. Please also note that, where permitted by applicable law, the Company reserves the right to require COVID-19 vaccinations for positions, such as in Global Employee Health, where the Company determines in its discretion that the nature of the role presents an increased risk of disease transmission.

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.

For more information about personal rights under Equal Employment Opportunity, visit:

EEOC Know Your Rights

EEOC GINA Supplement​

Pay Transparency Nondiscrimination

We are proud to be a company that embraces the value of bringing diverse, talented, and committed people together. The fastest way to breakthrough innovation is when diverse ideas come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively. We are an equal opportunity employer, committed to fostering an inclusive and diverse workplace.

Under New York City, Washington State and California State law, the Company is required to provide a reasonable estimate of the salary range for this job. Final determinations with respect to salary will take into account a number of factors, which may include, but not be limited to the primary work location and the chosen candidate’s relevant skills, experience, and education.

Expected salary range:

Available benefits include bonus eligibility, health care and other insurance benefits (for employee and family), retirement benefits, paid holidays, vacation, and sick days. For Washington State Jobs, a summary of benefits is listed here.

Learn more about your rights, including under California, Colorado and other US State Acts

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:

Travel Requirements:

Flexible Work Arrangements:

Shift:

Valid Driving License:

Hazardous Material(s):


Requisition ID:R229308