Assoc. Dir, Fin. Planning & Analysis GSMG Finance

Job description

Job Description Under the guidance of the Director, Financial Planning and Analysis (FP&A) 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 associate director will serve as an important business partner to GSMG by providing a wide array of financial support. Primary responsibilities for this position include, but are not limited to the following: Own days payable outstanding (DPO) actuals & forecasting as part of the company’s Working Capital process, including presentation of results to GSMG leadership & Treasury leadership. Own the facilitation of the multiyear optimization (MYO) 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. Own financial guidance in support of the supplier financial risk assessment process, which includes providing training & guidance to Risk Operations team on financial best practices and processes. 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. Proactively challenge and drive continuous process improvement through optimization, standardization, and simplification. Prepare ad-hoc reports on spend analysis or sourcing projects. Including payment terms optionality analysis & Net Present Value (NPV) analysis to determine optimal sourcing options. Create, maintain, and enhance data visualization solutions to enhance ability of stakeholders to view Key Performance Indicators (KPIs) in a streamlined manner & gain rapid insights. Participate in budgeting and forecasting processes in collaboration with respective finance clients when required. 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, procurement, accounting 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 Enterprise Resource Planning systems (ERPs) 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 in value tracking & management Required Skills: Adaptability, Adaptability, Business Administration, Cash Management, Continuous Process Improvement, Corporate Financial Planning and Analysis (FP&A), Cross-Cultural Awareness, Data Integrity, Data Visualization, Detail-Oriented, Enterprise Resource Planning (ERP), Financial Advising, Financial Analysis, Financial Modeling, Financial Planning, Headcount Planning, Management Process, Planning Budgeting And Forecasting (PBF), Preparation of Financial Reports, SAP Enterprise Resource Planning (ERP), Spend Analysis, Stakeholder Management, Stakeholder Reporting, Strategic Thinking, Supplier Management {+ 2 more} Preferred Skills: 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. As an Equal Employment Opportunity Employer, we provide equal opportunities to all employees and applicants for employment and prohibit discrimination on the basis of race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, or other applicable legally protected characteristics. As a federal contractor, we comply with all affirmative action requirements for protected veterans and individuals with disabilities. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit: EEOC Know Your Rights EEOC GINA Supplement​ We are proud to be a company that embraces the value of bringing together, talented, and committed people with diverse experiences, perspectives, skills and backgrounds. The fastest way to breakthrough innovation is when people with diverse ideas, broad experiences, backgrounds, and skills 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 The salary range for this role is $129,000.00 - $203,100.00 This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. An employee’s position within the salary range will be based on several factors including, but not limited to relevant education, qualifications, certifications, experience, skills, geographic location, government requirements, and business or organizational needs. The successful candidate will be eligible for annual bonus and long-term incentive, if applicable. We offer a comprehensive package of benefits. Available benefits include medical, dental, vision healthcare and other insurance benefits (for employee and family), retirement benefits, including 401(k), paid holidays, vacation, and compassionate and sick days. More information about benefits is available at https://jobs.merck.com/us/en/compensation-and-benefits. You can apply for this role through https://jobs.merck.com/us/en (or via the Workday Jobs Hub if you are a current employee). The application deadline for this position is stated on this posting. 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 so