Associate Director, Global Supplier Management Organization (GSMG) Finance (Hybrid)

Job Description

Position Description:

Associate Director, Global Supplier Management Organization (GSMG) Finance

Under the guidance of the Director, Financial Planning and Analysis Global Supplier Management Organization (GSMG) Finance Organization, this position is primarily responsible for executing financial planning, analysis and reporting of sourcing savings activities in support of the Global Supplier Management Organization (GSMG).

GSMG manages ~24B of annual third party spend and thrives to not only source, but also optimize the use of suppliers, leverage spend and ensure a robust compliance process to minimize risk to the Company. The organization also leads transformational initiatives that impact the entire Company. GSMG Finance collaborates with all divisions and functions, leveraging teams across the world. The senior financial analyst will serve as an important business partner to the GSMG by providing a wide array of financial support.

Primary responsibilities for this position include, but are not limited to the following:

• Own DPO (days payable outstanding) actuals & forecasting process, including presentation of results GSMG leadership & Treasury leadership.

• Own the facilitation of the savings target forecast & actuals reporting process through stakeholder support activities & data integrity review to ensure a valued output for GSMG stakeholders. Drive continuous improvement of dashboards to better serve needs as they evolve.

• Serve as a financial gatekeeper on validating projects for compliance adherence and to measure potential for savings realization against established savings guidelines.

• Audit support for capital payables review process.

• Participate in budgeting and forecasting processes in collaboration with respective finance clients when required.

• Proactively challenging and driving continuous process improvement through optimization, standardization, and simplification.

• Prepare ad-hoc reports on spend analysis or sourcing projects. Including payment terms optionality analysis & NPV analysis to determine optimal sourcing options.

• Own financial guidance in support of the supplier financial risk assessment process, which includes providing training & guidance to Risk Ops team on financial best practices, process

• Create, maintain & enhance data visualization solutions to enhance ability of stakeholders to view KPIs in a streamlined manner & gain rapid insights.

• Ad hoc enhancement projects as needed.

Position Qualifications:

Education Minimum Requirement:

• Bachelor’s degree in Finance, Business Administration, Accounting, Economics, or other relevant degree

Required Experience and Skills:

• Minimum of 7 years of work experience in a finance, accounting, procurement or similar role.

• Strong FP&A planning, analysis, and reporting skills

• Strong analytical and data organization / interpretation skills

• Ability to work simultaneously on multiple tasks under tight deadlines, effectively prioritize workload and complete tasks promptly and accurately

• Strong customer focus/orientation with an ability to work well in a team environment and foster professional relationships.

• Ability to read, analyze, and interpret corporate financial statements

• Process improvement orientation, innovation and change agent.

• Intermediate to Advanced Microsoft 365 skills (MS Excel, Word, PowerPoint, Teams) required

• Experience with Large ERP’s and query tools, especially desirable would be experience with SAP, BPC, Power BI

• Demonstrated commitment to education and professional development

Preferred Experience and Skills:

• MBA

• Professional experience at an organization with operations across multiple countries

• Experience with internal controls and process standardization

• Experience value tracking & management

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.

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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

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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. 

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