Executive Director, Financial Planning & Analysis

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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. Conduct detailed analysis of all expense lines.

Actively lead, participate, and coordinate budgeting and forecasting processes 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 outside auditors.

Coordinate with Corporate Financial Planning and Analysis function and participate in 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 company's 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 improve the process by which benefits from capital investments are projected and develop mechanisms to enable division-level tracking of realization.

Project Accounting and Grants Processing :

Partner with Tax for our company's 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 company's 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 the team; R&D Finance and our company's 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 company's 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

Current Contingent Workers apply HERE

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.

Learn more about your rights, including under California, Colorado and other US State Acts.

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.

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.

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.

Employee Status : Regular

Relocation : VISA Sponsorship :

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

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