Job Description
Under the supervision of the Business Unit Finance Director, the Associate Director will work closely with US and Global 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, budgeting, and financial evaluation activity for the revenue base within their scope of responsibility. The Associate Director partners closely with cross functional teams, including marketing, sales, procurement, legal, compliance 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 US Pharmaceutical and Rare Disease portfolio teams and is based in Upper Gwynedd, PA.
Key responsibilities include:
Lead FP&A activities (Monthly Close, Budget, Long Range Operating Plans, and other forecasts) for their business area, including evaluation of performance relative to forecast and presentation of financial results, in close partnership with marketing, account management and manufacturing.Maintain strict focus on compliance, ensuring integrity of reported financial results and forward looking estimates by leveraging analytical models and research toolsProvide guidance and commentary in support of corporate earnings projections, US Market strategies, investment planning, business development and manufacturing long term capacity planning.Track, analyze and advise on drivers of product performance (e.g. customer inventory and market demand assessments, market share, sales performance on a customer segment level basis). Effectively communicate and present revenue results and forecasts to various areas of the organization including senior leadership in the US Market.Perform demand planning analyses and submissions, a critical stewardship activity, through implementation of a balanced supply plan which ensures supply and minimizes risks of product discards, particularly in the face of significant market events.Harmonizing and integrating best practices to ensure forecasting accuracy across the team. Drive efficiencies with the Revenue Forecasting team, working to standardize and simplify processes wherever possible.
Qualifications
Required Experience and Skills:
Bachelor's Degree in Business-related disciplineMinimum 5 years experience in Finance / Accounting or business analytics role, including FP&A.
Preferred Experience and Skills:
Strong compliance focus, financial acumen, analytical skills, and knowledge of finance systems and planning and reporting processesHigh degree of business acumen and demonstrated ability to provide strategic guidanceExcellent interpersonal and communication skills; ability to build diverse peer and client relationshipsPassion and intellectual curiosity with respect to healthcare industryExperience in the pharmaceutical or healthcare industryStrong computer skills, Expertise in Excel, Power Point, Thinkcell, SAP reporting system (BPCComfortable employing financial modeling methods, tools and IT applications to collect, analyze, synthesize and validate financial data to proactively identify issues and drive complex business decisionsAbility to adopt and apply new technology, techniques, and ways of working
NOTICEFORINTERNALAPPLICANTS
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.
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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.
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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".
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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
Requisition ID:R273137