Executive Director, Financial Planning & Analysis

Job Description

Primary Responsibilities:

Global R&D Planning, Analysis, and Reporting:

Oversee and understand the financials of the entire division, providing comprehensive analysis and executive summaries for senior management.

Responsible for analyzing expenses for the division and the variances vs. plan/ forecast and the previous years. Responsible for conducting a detailed analysis of all expense lines

Actively lead, participate and coordinate budgeting and forecasting process along with the long-range operating plan process. Develop Planning and Forecasting guidance for the division. Analyze and brief SVP Finance and prepare materials for RLT on Actual Results, Budget and Forecast financials.

Provide (and/ or maintain), in collaboration with appropriate colleagues, Divisional Financial Key Performance Metrics. Prepare presentations and provide critical inputs for various meetings and discussions of senior management (e.g. RLT meeting, Corporate EC Review, etc.)

Lead and coordinate the quarterly actuals review with the Controller’s organization, Investor Relations, Corporate Financial Services, and our outside auditors

Be a coordinator with Corporate Financial Planning and Analysis function and participate in the Corporate Projects related to financial planning and analysis as required

Lead, coordinate, and extend Integrated Research & Development (R&D) reporting for planning and prioritizing our companys R&D investments.

Maintain Prague BSC contact for headcount planning, reporting, and business support

Lead control processes for R&D Finance, including financial reporting, audits, and policy updates

Develop understanding of R&D business and track key projects with potential impact on R&D operations

Capital:

Lead R&D Capital governance process, including reporting, forecasting, and senior management reviews

Extend efforts to ensure benefits realization from capital investments (IT, facilities, etc.), working with the business to (a) improve the process by which benefits from capital investments are projected and (b) develop mechanisms to enable division-level tracking of realization

Project Accounting and Grants Processing:

Partner with Tax for our companys tax strategy related to IP Billing, Orphan Drug Credit, and Research Tax Credit Initiatives

Oversee R&D Fully Absorbed Cost calculation process and reporting

Manage R&D time tracking process

Lead IRA required submissions of R&D investments and coordinate reporting at the enterprise level

Systems and Business Support:

Provide support for R&D Finance systems and processes, ensuring alignment with planning, reporting, and operations, including ensuring the full realization of investments in FOCUS and FACT tools

Manage day-to-day operations, data maintenance, troubleshooting, system training, and access, aligned with our companys security and SOX controls

Provide R&D Finance insight and assess impact for cross-functional initiatives, including leading R&D Finance implementations.

Leadership Aspects of the Role:

Collaborate with sub-divisional finance leads for smooth information flow, reporting, and planning processes.

Lead or participate in diverse projects across Finance and R&D, demonstrating strong leadership, communication, and collaboration skills

Serve as a member of the R&D Finance Leadership Team

Focus on Talent building and development within team, R&D Finance and our companys Finance is a key tenet of the position

Education Minimum Requirement:

Required: BS/BA, Accounting or Finance

Preferred: MBA in Finance, CPA or CFA

Required Experience and Skills:

10 years of progressive experience in Finance or related fields

Knowledge of financial accounting and management reporting requirements

Financial Planning & Analysis experience

Strong knowledge of our companys financial information, AtR processes and systems

Ability to think and act strategically

Ability to work independently and accurately under tight time constraints.

Ability to collaborate in cross functional teams and with senior management members driving results on behalf of our company

Strong Leadership

Willingness to challenge current thinking/processes

Passionate and motivated

Preferred Experience and Skills:

Business Partnering Experience

Effective multi-tasking and time management skills

Experience in R&D

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.

Current Employees apply HERE (https://wd5.myworkday.com/msd/d/task/1422$6687.htmld)

Current Contingent Workers apply HERE (https://wd5.myworkday.com/msd/d/task/1422$4020.htmld)

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 (https://survey.sogosurvey.com/r/aCdfqL) 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 (https://www.eeoc.gov/sites/default/files/2022-10/22-088EEOCKnowYourRights1020.pdf)

EEOC GINA Supplement​

Pay Transparency Nondiscrimination (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp%20EnglishformattedESQA508c.pdf)

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 (https://www.msdprivacy.com/us/en/CCPA-notice/)

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:

$200,200.00 – $315,100.00

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 (https://www.benefitsatmerck.com/) .

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:

VISA Sponsorship:

Travel Requirements:

Flexible Work Arrangements:

Hybrid

Shift:

Valid Driving License:

Hazardous Material(s):

Job Posting End Date:

10/29/2024

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.

Requisition ID: R316913