Payment Specialist (Remote)

Merck; New Jersey; Remote; USD 64,000 - 79,000; Full time

Job summary

Merck in Rahway, New Jersey seeks a Payment Specialist to review contracts, set up payees and budgets, and initiate site payments in accordance with policies. The role handles payments tied to visits, milestones, and reimbursements while answering queries and maintaining data in payments systems.

The position requires a high school diploma with 1 year of payment processing experience, strong communication skills, and proficiency in Microsoft Office, especially Excel.

Qualifications

• High school diploma or GED with 1 year payment processing experience.
• Strong interpersonal and customer service skills.
• Excellent written and oral communication.
• Knowledge of Microsoft Office, especially Excel.

Responsibilities

• Review contracts and set-up payees and budgets per contract.
• Initiate site payments per policy.
• Process payments for visits, milestones, and reimbursements.
• Route payments for approval in a timely manner.
• Respond to internal/external payment inquiries.
• Maintain payment data in databases and tools.
• Organize contracts and payment documentation.
• Coordinate records management with sponsor groups.
• Develop and maintain payment reconciliation reports.

Skills

Budgeting

Clinical Research

Finance

Oral Communications

Payment Handling

Payment Processing

Customer Service

Communication

Microsoft Office

Education

High School Diploma/GED with minimum of 1 year experience specific to payment processing

Tools

Microsoft Excel

Microsoft Office

Job description

Job Description

Position Description:

Payment Specialist:

Duties and Responsibilities (including but not limited to):

• Review all executed contracts and accurately set-up the payees and budget schedule as governed by the signed contract.
• Initiate site payments according to policies and guidelines.
• Process site payments related to visits completed, milestones completed and reimbursement for pass through expenses according to Generally Accepted Accounting Procedures and Sarbanes Oxley Act.
• Route and track payments for approval in a timely manner.
• Answer queries from internal and external customers regarding payments and budgets.
• Maintain information in appropriate databases or other tools.
• Organize, store, archive, and retrieve contracts, payment documentation and other relevant documents.
• Coordinate records management practices and records management policy in collaboration with the appropriate sponsor's record management groups.
• Develop and maintain data summary reports and related payment reconciliation reports.

Position Qualifications:

Education Minimum Requirement:

• High School Diploma/GED with minimum of 1 year experience specific to payment processing

Required Experience and Skills:

• Strong interpersonal and customer service skills
• Excellent written and oral communication skills
• Demonstrated effectiveness working independently, collaboratively with peers and in cross-functional teams.
• Knowledge of Microsoft Office applications especially Excel
• Excellent organizational and analytical skills
• Ability to handle multiple priorities within matrix environment

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.

Required Skills:

Budgeting, Clinical Research, Finance, Microsoft Excel, Oral Communications, Payment Handling, Payment Processing

Preferred Skills:

Communication, Customer Service, Microsoft Office

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.

Equal Employment Opportunity Statement

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

Primary Location

USA - New Jersey - Rahway

Where required by law, the compensation range for this role is provided below.

Salary Range

The salary range for the primary location of this role is:

$71,900.00 - $113,200.00

This range reflects the Company's reasonable expectation of the base salary applicable to this role at the time of 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 benefi