Sr Spclst, Fin. Planning & Analysis
Apply NowCompany: Merck & Co, Inc
Location: Rahway, NJ 07065
Description:
Job Description
IT Finance provides Financial Planning & Analysis to guide our Technology organization to invest in value creating capabilities to help our company save and improve lives.
The Senior Specialist, IT Finance will provide financial, analytical, and budget planning support to the the IT organization (Human Health IT) supporting the Human Health commercial division. Human Health IT has a vital role in implementing the IT technology investments and operating/maintaining the IT products that support the Human Health commercial division at our company.
The successful candidate will work with the Associate Director and other members of the IT Finance team to maintain the budget and forecast as well as providing financial guidance to the Human Health IT organization .
The role requires a close partnership with the Human Health IT value teams to maintain a rolling forecast, review those data at least monthly during the value team financial review.
The role requires the rollup of these data periodically to support the corporate financial planning requirements including the formal forecast submissions, monthly close activities, variance, and tallies as required.
Another key area is supporting the investment projects including supporting the business case creation, analysis, value management and management through the company's Capital Management Process.
Responsibilities of this role include:
Leadership & Partnership:
Financial Planning & Analysis:
Qualifications
Education Minimum Requirement:
Required Experience and Skills:
Preferred Experience and Skills
VETJOBS
#Eligableforerp
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.
As an Equal Employment Opportunity Employer, we provide equal opportunities to all employees and applicants for employment and prohibit discrimination on the basis of race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, or other applicable legally protected characteristics. As a federal contractor, we comply with all affirmative action requirements for protected veterans and individuals with disabilities. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit:
EEOC Know Your Rights
EEOC GINA Supplement
We are proud to be a company that embraces the value of bringing together, talented, and committed people with diverse experiences, perspectives, skills and backgrounds. The fastest way to breakthrough innovation is when people with diverse ideas, broad experiences, backgrounds, and skills 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, Monday - 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".
The Company is required to provide a reasonable estimate of the salary range for this job in certain states and cities within the United States. 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 US salary range:
$104,200.00 - $163,900.00
Available benefits include bonus eligibility, long term incentive if applicable, health care and other insurance benefits (for employee and family), retirement benefits, paid holidays, vacation, and sick days. A summary of benefits is listed 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:
25%
Flexible Work Arrangements:
Hybrid
Shift:
Not Indicated
Valid Driving License:
No
Hazardous Material(s):
n/a
Job Posting End Date:
05/6/2025
*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.
IT Finance provides Financial Planning & Analysis to guide our Technology organization to invest in value creating capabilities to help our company save and improve lives.
The Senior Specialist, IT Finance will provide financial, analytical, and budget planning support to the the IT organization (Human Health IT) supporting the Human Health commercial division. Human Health IT has a vital role in implementing the IT technology investments and operating/maintaining the IT products that support the Human Health commercial division at our company.
The successful candidate will work with the Associate Director and other members of the IT Finance team to maintain the budget and forecast as well as providing financial guidance to the Human Health IT organization .
The role requires a close partnership with the Human Health IT value teams to maintain a rolling forecast, review those data at least monthly during the value team financial review.
The role requires the rollup of these data periodically to support the corporate financial planning requirements including the formal forecast submissions, monthly close activities, variance, and tallies as required.
Another key area is supporting the investment projects including supporting the business case creation, analysis, value management and management through the company's Capital Management Process.
Responsibilities of this role include:
Leadership & Partnership:
- Serve as a trusted financial advisor, and partner to the Human Health IT leadership team.
- Support the continuing maturity of IT Financial Management for Human Health IT. This includes maintaining a detailed rolling forecast aligned to the IT product model and continuing evolution of the product model, workforce/resource management and demand management practices.
Financial Planning & Analysis:
- Work in close partnership with IT Finance associate director in the development of Budget, LROP/LRCP and Forecasts for the individual value teams, and the overall roll up of the Human Health IT organization.
- Facilitate trade-offs to ensure resources are allocated to the highest value programs.
- Develop Integrated Business Cases for Technology investments in partnership with business stakeholders and Divisional Finance to articulate the value expectations of investments through the company capital management processes.
Qualifications
Education Minimum Requirement:
- Required: Bachelor's degree in finance, business, information technology, or related discipline
- MBA Preferred
Required Experience and Skills:
- Minimum of three years of experience in Finance/Accounting business operations, business strategy, investment management, or similar field
- Strong analytical skills
- Demonstrated knowledge of Financial Evaluation and Value Management to define ROI and align on value capture/realization.
- Assess budget, cost optimization and cost driver analysis 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
- Communication of financial and performance information to leadership and colleagues for both technical and non-technical audiences.
- Demonstrated ability to function as strategic partner and trusted advisor to the IT area.
- Demonstrated ability to maintain detailed financial data working in close partnership with supported area.
Preferred Experience and 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.
- Apptio tool knowledge
- Advanced Excel skills
- Ability to flex between high-level strategic thinking and tactical implementation
- Bring a unique perspective that reimagines current ways of working
- Skilled in data analysis platforms such as PowerBi
- Advanced Excel skills
VETJOBS
#Eligableforerp
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.
As an Equal Employment Opportunity Employer, we provide equal opportunities to all employees and applicants for employment and prohibit discrimination on the basis of race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, or other applicable legally protected characteristics. As a federal contractor, we comply with all affirmative action requirements for protected veterans and individuals with disabilities. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit:
EEOC Know Your Rights
EEOC GINA Supplement
We are proud to be a company that embraces the value of bringing together, talented, and committed people with diverse experiences, perspectives, skills and backgrounds. The fastest way to breakthrough innovation is when people with diverse ideas, broad experiences, backgrounds, and skills 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, Monday - 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".
The Company is required to provide a reasonable estimate of the salary range for this job in certain states and cities within the United States. 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 US salary range:
$104,200.00 - $163,900.00
Available benefits include bonus eligibility, long term incentive if applicable, health care and other insurance benefits (for employee and family), retirement benefits, paid holidays, vacation, and sick days. A summary of benefits is listed 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:
25%
Flexible Work Arrangements:
Hybrid
Shift:
Not Indicated
Valid Driving License:
No
Hazardous Material(s):
n/a
Job Posting End Date:
05/6/2025
*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.