Associate Director - Treasury Benefits

MSD; Rahway (NJ); Hybrid; USD 129,000 - 203,000; Full time

Benefits offered by this job

Annual bonus

Long-term incentive

Comprehensive benefits

Hybrid work

Job summary

Merck is seeking an Associate Director, Treasury Benefits Finance, to partner with HR, Legal, Tax and finance teams to support domestic and global benefits programs. You will lead budgeting, forecasting, and monthly close for over $1 billion in employee benefits spend, ensuring accuracy and compliance.

The role requires at least five years in accounting or finance, advanced Excel, strong analytical and communication skills, and the potential for annual bonus and long-term incentives.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• Minimum of five years in an accounting or finance role.
• CPA certification preferred.
• Strong analytical and communication skills.

Responsibilities

• Partner with HR, Legal, Tax, and local finance teams on strategic benefit design changes.
• Lead budgeting, forecasting, and monthly/quarterly close for over $1B in employee benefit expense.
• Ensure funding of over $1B in employee benefits spend with compliance and controls.
• Prepare schedules and analyses for quarterly and annual reporting.
• Provide oversight of global and domestic third‑party service providers.
• Maintain adherence to internal controls and ongoing compliance requirements.

Skills

Cash Management

Financial Analysis

Forecasting

Budgeting

Excel

Data Analysis

Communication

Project Management

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

Microsoft Excel

Job description

Job Description

Our Support Functions deliver critical services and provide strategic recommendations that help enhance our workplace and strengthen our organizational culture. These functions include Human Resources, Finance, Information Technology, Legal, Procurement, and Administration.

Reporting to the Director, the Associate Director, Treasury Benefits Finance, is responsible for providing financial support for domestic and global benefits programs.

Key responsibilities include forecasting, financial analysis, accounting, reporting, compliance, and funding.

Primary Activities

• Partner with and support Human Resources, Legal, Tax, and local finance teams on strategic benefit design changes and related initiatives.
• Lead budgeting, forecasting, and monthly and quarterly close activities related to more than $1 billion in employee benefit expense.
• Ensure the efficient and compliant funding of more than $1 billion in employee benefits spend.
• Prepare schedules and analyses to support the Company’s quarterly and annual reporting requirements.
• Provide oversight of global and domestic third‑party service providers;
• Maintain adherence to internal controls and support ongoing compliance requirements.

Qualifications

Education Minimum Requirement

• Bachelor’s degree in Accounting, Finance, or a related field.

Required Experience and Skills

• Minimum of five years of demonstrated experience in an accounting or finance role.
• Ability to work independently, accurately, and effectively under time constraints.
• Strong analytical, communication, organizational, project management, and collaboration skills.
• Advanced proficiency in Microsoft Excel and demonstrated ability to work with large data sets.

Preferred Experience and Skills

• CPA certification.
• Familiarity with accounting and financial statement preparation.
• Demonstrated client‑facing experience.
• Audit experience preferred.

Required Skills

Cash Management, Customer Service, Debt Capital Markets, Debt Management, Economic Analysis, Financial Analysis, Financial Modeling, Foreign Exchange Management, Investor Relations Support, Planning Budgeting And Forecasting (PBF), Preparation of Financial Reports, Proactive Behavior, Relationship Management, Treasury Management

Preferred Skills

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.

Equal Employment Opportunity

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

Salary Range

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.

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

Employee Status

Regular

Relocation

No relocation

VISA Sponsorship

No

Travel Requirements

10%

Flexible Work Arrangements

Hybrid

Shift

Not Indicated

Valid Driving License

No

Hazardous Material(s)

n/a

Job Posting End Date

10/8/2026