Job Description
Position Description:
Associate Director, Finance Planning & Analysis
Under the supervision of the Director, Managed Markets Finance, the Associate Director will work closely with US Commercial teams as a key financial and strategic business partner to support the goals and growth of our Company’s Human Health business.
The Associate Director is responsible for forecasting, month-end close, budgeting, and financial evaluation activity for the financial base within their scope of responsibility. The Associate Director partners closely with cross functional teams, including finance, marketing, Integrated Account Management, market access, customer contract management, government pricing, policy, IT, legal, compliance, audit and corporate teams to evaluate business performance and identify, evaluate and execute strategic opportunities.
The Associate Director will develop a deep understanding of their business area and their strategic contribution to the broader Company enterprise. A successful candidate will have an intrinsic curiosity about the healthcare industry, a dedication to serving customers, a passion for learning, and an eagerness to collaborate in solving complex business challenges. The position requires an enterprise mindset, effective communication, strategic thinking, and the ability to navigate across a broad network of stakeholders.
This position supports the Managed Markets Finance team and is based in Upper Gwynedd, PA.
Key responsibilities include:
Leading FP&A activities (Monthly Close, Budget, Long Range Operating Plans, and other forecasts) covering gross-to-net across assigned US Human Health Business Units, including forecasting, performance evaluation, and presentation of financial results, with a focus on accuracy and compliance.
Partnering with the US Controllers Team and internal and external auditors to determine and validate our Company’s US Revenue financial results.
Providing business advisement, customer segment and gross-to-net guidance and insights to Integrated Account Management, Marketing, Investor Relations, and other Finance teams.
Developing and applying expertise regarding Managed Markets impacts on commercial strategies and product performance, incorporating market events (e.g. regulatory changes, competitive dynamics, product life cycle, etc.)
Partnering with in Government Affairs and Policy on emerging policy changes such as the Inflation Reduction Act (IRA) and Prescription Drug Affordability Board (PDAD) to advise on potential impacts or incorporate into company results.
Identifying and integrating best practices to continue to evolve our Company’s gross-to-net business processes.
Position Qualifications:
Education Minimum Requirement:
Bachelor's Degree, preferably in Business-related discipline
Required Experience and Skills:
Minimum 5 years experience in Finance / Accounting or business analytics role
Proficient in Microsoft Excel
Preferred Experience and Skills:
Strong compliance focus, financial acumen, analytical skills, and knowledge of finance systems and planning and reporting processes
High degree of business acumen and demonstrated ability to provide strategic guidance
Excellent interpersonal and communication skills; ability to build diverse peer and client relationships
Passion and intellectual curiosity with respect to healthcare industry
Experience in the pharmaceutical or healthcare industry
Desire to drive efficiencies and implement new ways of working
Strong computer skills, Expertise in Excel, Power Point, Thinkcell
Experience with SAP and financial databases (BPC, TM1, Model N)
Comfortable employing financial modeling methods, tools and IT applications to collect, analyze, synthesize and validate financial data to proactively identify issues and drive complex business decisions
Ability to adopt and apply new technology, techniques, and ways of working
MBA or a CPA
NOTICEFORINTERNALAPPLICANTS
InaccordancewithManagers'Policy-JobPostingandEmployeePlacement,allemployees subjecttothispolicyarerequiredtohaveaminimumoftwelve(12)monthsofserviceincurrent positionprior toapplyingfor openpositions.
If youhavebeenofferedaseparationbenefitspackage,buthavenotyetreachedyour separationdateandareofferedapositionwithinthesalaryandgeographicalparametersasset forthintheSummaryPlanDescription(SPD)ofyourseparation package,thenyouarenolonger eligible foryourseparationbenefitspackage.Todiscussinmoredetail,pleasecontactyour HRBP or Talent Acquisition Advisor.
GWESFIN400
#Eligableforerp
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.
We are an Equal Opportunity Employer, committed to fostering an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status, or other applicable legally protected characteristics. For more information about personal rights under the U.S. Equal Opportunity Employment laws, 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.
Learn more about your rights, including under California, Colorado and other US State Acts
U.S. Hybrid Work Model
Effective September 5, 2023, employees in office-based positions in the U.S. will be working a Hybrid work consisting of three total days on-site per week, generally Tuesday, Wednesday and either Monday or Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence. This Hybrid work model does not apply to, and daily in-person attendance is required for, field-based positions; facility-based, manufacturing-based, or research-based positions where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance also does not apply to roles that have been designated as “remote”.
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:
RegularRelocation:
No relocationVISA Sponsorship:
NoTravel Requirements:
10%Flexible Work Arrangements:
HybridShift:
Not IndicatedValid Driving License:
NoHazardous Material(s):
n/aRequisition ID:R279164