Associate Director, FP&A, CTO

Job Description

IT Finance is a full-service Financial Planning & Analysis Function to guide our Technology organization to invest in value creating capabilities to help our compoany save and improve lives.

This role supports the SVP for the Chief Technology Office (CTO) and their leadership team. CTO is responsible for evolving our architecture capability while establishing scalable, agile, and future proof foundational capabilities across data, analytics, automation, and platform. 

Capabilities within CTO include:

• Data & Analytics

• Foundational Platforms

• Enterprise Architecture

• HyperAutomation and Artificial Intelligence

• Experience Design

Responsibilities of this role include:

Leadership & Partnership:

• Serve as a trusted business partner and advisor, partnering closely with the SVP of CTO and their leadership team of AVPs and EDs to ensure coordinated planning and execution of client area priorities

• Support IT Financial Management transformation of CTO emerging from the Business of IT program, including evolution of the product model, workforce/resource management and demand management.

• Partner with the business to ensure an effective control environment

Financial Planning & Analysis:

• Accountable for the end-to-end development of Budget, LROP and Forecasts for the individual value teams, but also the larger CTO organization, including execution and analysis of strategy and business plans.

• Effectively collaborate with stakeholders and 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

• Developing expense budgets, quarterly forecasts, and long-range operating plans that enable clients to meet their goals and achieve broader organizational targets.

• Playing a central role in developing the Profit Plan, Long Range Operating Plan, Quarterly Forecasts, and Quarterly Tallies

• Oversee and perform monthly close responsibilities, including preparing journal entries, reviewing actual results, providing variance commentary, analyzing spending trends and proposing any corrective actions as necessary

• Develop ad hoc analyses, processes, and tools in support of change initiatives and other business needs

• Proactively challenging and driving continuous process improvement

​Required Skills:

• 5+ years in Finance, business operations, business strategy, investment management, or similar field

• Plan, lead and implement successful large-scale transformations in an ambiguous, fast paced environment, with multiple stakeholders and levels of leadership involved.

• Strong analytical skills

• Apply knowledge of FE&A frameworks 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

• Communicate financial and performance information to leadership and colleagues for both technical and non-technical audiences.

• Demonstrated ability to act as strategic thought partner and trusted advisor to the business.

Preferred 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.

• Financial Evaluation or other Value Management experience

• 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

Education Requirements:

Required:

• Bachelor’s Degree in Finance, Business, Information Technology, or related discipline

• MBA Preferred

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

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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:

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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.

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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, 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:

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. 

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