Associate Director - Treasury Benefits

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

Job summary

Merck is seeking an Associate Director, Treasury Benefits Finance to provide financial support for domestic and global benefits programs. Reporting to the Director, you will forecast, analyze, report, and ensure compliant funding of over $1 billion in employee benefit spend.

This role requires at least five years in accounting or finance, a Bachelor's in Accounting or Finance, and strong Excel skills; CPA is preferred. Hybrid work arrangement with travel up to 10%.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• Minimum of five years in an accounting or finance role.
• Advanced proficiency in Microsoft Excel and ability to work with large data sets.

Responsibilities

• Partner with and support HR, 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.

Skills

Cash Mgmt

Customer Service

Debt Markets

Debt Mgmt

Economic Analysis

Financial Analysis

Financial Modeling

FX Management

Investor Relations

Budgeting & Forecasting

Financial Reporting

Proactive Behavior

Relationship Mgmt

Treasury Mgmt

Education

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

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

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.

Requirements

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.

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

• 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.