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Associate Director, Global Supplier Management Organization (GSMG) Finance (Hybrid)
Merck & Co. - Rahway, NJ
posted 2 months ago
About the position
The Associate Director of Global Supplier Management Organization (GSMG) Finance is responsible for executing financial planning, analysis, and reporting of sourcing savings activities. This role supports the GSMG, which manages approximately $24 billion in annual third-party spend, focusing on optimizing supplier use and ensuring compliance to minimize risk. The position involves collaboration across divisions and functions globally, serving as a key business partner to provide financial support and insights.
Responsibilities
- Own DPO (days payable outstanding) actuals & forecasting process, including presentation of results to GSMG and Treasury leadership.
- Facilitate the savings target forecast & actuals reporting process through stakeholder support activities & data integrity review.
- Drive continuous improvement of dashboards to better serve evolving needs.
- Serve as a financial gatekeeper on validating projects for compliance adherence and measuring potential savings realization.
- Support audit for capital payables review process.
- Participate in budgeting and forecasting processes in collaboration with finance clients.
- 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 & NPV analysis.
- Provide financial guidance in support of the supplier financial risk assessment process, including training & guidance to Risk Ops team.
- Create, maintain & enhance data visualization solutions for stakeholders to view KPIs.
Requirements
- Bachelor's degree in Finance, Business Administration, Accounting, Economics, or other relevant degree.
- Minimum of 7 years of work experience in 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.
- Strong customer focus/orientation and ability to foster professional relationships.
- Ability to read, analyze, and interpret corporate financial statements.
- Process improvement orientation and innovation.
- Intermediate to Advanced Microsoft 365 skills (MS Excel, Word, PowerPoint, Teams).
- Experience with large ERP systems, especially SAP, BPC, Power BI.
Nice-to-haves
- MBA
- Professional experience at an organization with operations across multiple countries.
- Experience with internal controls and process standardization.
- Experience in value tracking & management.
Benefits
- Health insurance
- Retirement plan
- Paid holidays
- Visa sponsorship
