Pulled from the full job description
Full Job Description
Subject to applicable law, all prospective hires will be required to demonstrate that they have been fully vaccinated for COVID-19 or intend to be vaccinated for COVID-19 by November 1, 2021, or qualify for a medical or religious accommodation to this vaccination requirement. Hired candidates who are not vaccinated by November 1, 2021, and who have not been approved for a legally-required medical or religious accommodation will be subject to disciplinary action up to and including termination of employment, in accordance with applicable law.
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.
Our Company is committed to being the world’s premier, most research-intensive biopharmaceutical company. Our Research Division drives breakthrough science through drug discovery, development and clinical evaluation that radically changes approaches to medical need. 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 R&D engine that drives our Company’s biopharmaceutical business.
Associate Director, Finance Clinical Development Finance (CDF) is responsible for overall financial support for the Oncology Therapeutic Area (TA) in Global Clinical Development. The incumbent will be responsible for managing a team of financial professionals, supporting clinical cost forecasting and analytics, supporting clients and clinical sub-teams, conducting monthly close activities, tracking of actuals, and ensuring compliance for clinical out of pocket (OOP) grant spending. The incumbent is also responsible for developing, coaching, and managing team members to meet both business and individual goals.
Under the guidance of the Oncology Clinical Development Finance Director, the Finance Associate Director will:
Provide financial planning, forecasting and analytical support to our Research Department Therapeutic Area Clinical Development
Oversee the forecast grant spend process related to Oncology Clinical Studies
Be the primary Finance point of contact with multiple stakeholders including Global Project and Alliance Management, Product Development Team (PDT) Leaders, and Clinical Study Managers regarding study budgets, site and vendor related payments, asset valuation and impairment
Develop and participate in team presentations to the Financial & Operational Review Committee, Late Development Review Committee and Discovery and Translational Research Committee
Support project team decision making by providing relevant financial information and insight
Own critical components of the Long Range Operating Plan (LROP), Budget, and Quarterly Forecasts
Confirm accurate accounting of all US site payments related to visits completed, milestones completed and reimbursement for out of pocket expenses according to Generally Accepted Accounting Principles, the Sarbanes Oxley Act as well as internal and external accounting guidance
This is a unique opportunity to:
Gain end-to-end exposure to our Company’s drug development process and the R&D pipeline while gaining relevant experience supporting a function within Global Clinical Development
Influence and impact by helping clients navigate a world of almost limitless scientific opportunities with limited financial resources. A background in Science is helpful but not necessary.
Expand your toolkit beyond standard P&L analytical approaches, including big data analysis, clinical studies, partnerships and collaborations management, and resource allocation analysis
Further develop your creative thinking and problem-solving skills as many problems don’t have hard anchor points or routine analytical approaches.
Increase your network through engagement with other business partners (BD&L, Project Mgmt., Procurement, etc.)
Gain experience in people management, change management, and project management
Education Minimum Requirement:
Bachelors in Business, Finance, Science or Engineering
Required Experience and Skills:
Minimum of 5 years of operations or Finance experience
Preferred Experience and Skills:
MBA or other Masters/PhD in Business, Finance, Science or Engineering
Excellent analytical skills and the ability to develop business operations models
Strong financial acumen
Proactive approach to problem solving
Results and process-driven orientation
Demonstrated ability to effectively work in a challenging and complex environment.
Demonstrated ability to influence, build and maintain diverse client and peer relationships
Sound and balanced judgment, with the ability to assess and handle risk
Excellent communications skills
Strong computer skills especially working with SAP, BPC and MS Excel
Our Support Functions deliver services and makes recommendations about ways to enhance our workplace and the experience of working at 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., Kenilworth, 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 …
In a world of rapid innovation, we seek brave Inventors who want to make an Impact in all aspects of our business, enabling breakthroughs that will affect generations to come. We encourage you to bring your disruptive thinking, collaborative spirit and diverse perspective to our organization. Together we will continue Inventing For Life, Impacting Lives while Inspiring Your Career Growth.
Invent. Impact. Inspire.
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.
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.
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.
Search Firm Representatives Please Read Carefully
Merck & Co., Inc., Kenilworth, NJ, USA, also known as Merck Sharp & Dohme Corp., Kenilworth, 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.
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