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Associate Director, Financial Planning & Analysis

Merck Cherokee

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Rahway, NJ
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Job Description

As posted by the hiring company

Job Overview:

Job Description

Our company's mission is to be the world’s premier research-intensive biopharmaceutical company. Our Research Laboratories drive break-through science through drug discovery, development, and clinical evaluation to address the significant unmet medical needs. Finance is a trusted business partner, playing a critical role in ensuring effective resource utilization to achieve this mission. This is a unique opportunity to gain exposure and contribute to the Research & Development engine that drives our company's biopharmaceutical business.

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:

This position operates under the guidance of the Finance Director who supports Global Regulatory Affairs and Clinical Safety (GRACS) and Center for Observational and Real-World Evidence (CORE). The position is primarily accountable for providing financial support to parts of the GRACS organization. The position will assist clients through the development of financial, strategic, and operational plans and the deployment of resources against critical business drivers, including annual functional objectives and long-term strategic goals. The position will also be relied on for supporting various GRACS initiatives and ad hoc projects.

Key responsibilities include:

  • Developing strong relationships with key business clients to enable an active role as a business partner and advisor

  • Facilitating the development, execution, and analysis of strategy and business plans

  • Developing expense budgets, quarterly forecasts, and long-range operating plans that enable clients to meet their goals and achieve broader organizational targets

  • Ensuring effective resource utilization with a specific focus on internal headcount and external sourcing

  • Performing monthly close tasks, including preparing journal entries, reviewing actual results, providing variance commentary, analyzing spending trends, and proposing any corrective actions as necessary.

  • Developing ad hoc analyses, processes, and tools in support of change initiatives and other business needs

  • Developing strong relationships with key partners including IT, Project Management, Human Resources, Procurement, and broader Finance to ensure coordinated planning and execution of client area priorities

  • In this role, the candidate should expect to:

    • Gain end-to-end exposure to the drug development process and the Research & Development pipeline while gaining relevant experience supporting functions in GRACS.

    • Influence and impact clients by helping to navigate a world of almost limitless scientific opportunities but with limited financial resources

    • Further develop creative thinking and problem-solving skills

    • Gain experience in change management, project management and people management

    • Increase personal network through engagement with other key business partners (IT, Project Management, Human Resources, Procurement, etc.)

Travel: Limited to no travel in the job unless deemed important by the business or clients.

Position Qualifications:

Education Minimum Requirement:

  • Minimum B.A./B.S., preferably in Business, Finance, Science or Engineering

  • Preferred MBA/CPA or other M.A./M.S./Doctorate in Business, Finance, Science or Engineering

Required Experience and Skills:

  • Minimum of 5 years in operations or Finance

  • Strong financial acumen

  • Proactive approach to problem-solving

  • Sound and balanced judgment, with the ability to assess and handle risk

  • Results and process-driven orientation

  • Passion and intellectual curiosity with respect to research & development

  • Demonstrated ability to effectively work in a challenging and complex environment.

  • Demonstrated ability to influence, build and maintain diverse client and peer relationships

  • Excellent communication skills

  • Strong computer skills, especially working with Excel and PowerPoint

Preferred Experience and Skills:

  • Has supported large organization change initiatives

  • SAP and BPC

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.

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Residents of Colorado

Click here to request this role’s pay range.

New hires in office-based roles in the US & Puerto Rico will be required, subject to applicable law, to demonstrate that they have been fully vaccinated for COVID-19 or qualify for a medical or religious exemption to this vaccination requirement that can be accommodated without an undue burden to the operation. However, subject to applicable law, employees working in roles that the Company determines require routine collaboration with external stakeholders, such as employees in health services, customer facing commercial, or research based roles, will be required to be fully vaccinated as a condition of employment.

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 Poster

EEOC GINA Supplement​

OFCCP EEO 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.

Residents of Colorado:

Click here to request this role’s pay range.

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:

Valid Driving License:

Hazardous Material(s):

Number of Openings:

1