Payment Specialist (Remote)

MSD; Rahway (NJ); Remote; USD 72,000 - 113,000; Full time

Job summary

Merck & Co., Inc. in Rahway, NJ is seeking a Payment Specialist to review contracts, set up payees and budgets, and initiate site payments following policy and GAAP/SOX guidelines.

You will handle payment processing for visits, milestones, and reimbursements, route for approval, and answer budget-related queries while maintaining contract documentation and data reports.

Qualifications

• High School Diploma or GED with at least 1 year of payment processing experience.
• Strong interpersonal and customer service skills; excellent written and oral communication.
• Ability to work independently and in cross-functional teams; proficient in Microsoft Excel.
• Excellent organizational and analytical skills; ability to handle multiple priorities in a matrix environment.

Responsibilities

• Review contracts and accurately set-up payees and budgets per signed contracts.
• Initiate site payments according to policies and guidelines; process payments for visits, milestones, and reimbursements.
• Route payments for approval and respond to queries regarding payments and budgets.
• Maintain information in appropriate databases and organize contracts and payment documentation.
• Develop and maintain data summary reports and payment reconciliation reports.

Skills

Interpersonal skills

Customer service

Written communication

Oral communication

Excel

Organizational skills

Analytical skills

Multitasking

Education

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

Tools

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

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. #MSJR #eligibleforERP

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.

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 primary location for this posting is: USA - New Jersey - Rahway

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

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 benefits is available at https://jobs.merck.com/us/en/compensation-and-benefits.

Additional location(s): Please note the salary range above applies to the Primary Location of the position. Where a role has other listed locations, different compensation guidelines may apply. You may find the salary ranges for additional locations below. If the salary range is not listed for the location you are applying to, our Talent Acquisition team will provide further information to you relevant to your location.

Additional location(s) Compensation Information

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 sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails. Employee Status: Regular Relocation: No relocation VISA Sponsorship: No Travel Requirements: 10% Flexible Work Arrangements: Remote Shift: Not Indicated Valid Driving License: No Hazardous Material(s): n/a Job Posting End Date: 10/20/2026 *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. Our company is a global health care leader with a diversified portfolio of prescription medicines, vaccines and animal health products. The difference between potential and achievement lies in the spark that fuels innovation and inventiveness; this is the space where we have codified our legacy for over a century. Our success is backed by ethical integrity, forward momentum, and an inspiring mission to achieve new milestones in global healthcare.