Remote Payment Specialist: Budgets & Reconciliation

Merck & Co.; Rahway (NJ); Remote; USD 72,000 - 113,000; Full time

Job summary

Merck & Co. in Rahway, NJ seeks a Payment Specialist to review contracts, set up payees and budgets, and initiate site payments following policy. You will handle payment processing for visits, milestones, and reimbursements while ensuring GAAP and SOX compliance.

Strong Excel and communication skills are essential in a cross-functional environment. The role requires managing multiple priorities in a matrix organization, maintaining records, and generating reconciliation reports.

Qualifications

• High School Diploma or GED with 1 year payment processing experience.
• Strong interpersonal and customer service skills.
• Excellent written and oral communication skills.
• Knowledge of Microsoft Excel.

Responsibilities

• Review contracts and set up payees and budget schedule as per contract.
• Initiate site payments per policies and guidelines.
• Process site payments for visits, milestones and pass-through expenses per GAAP and Sarbanes-Oxley.
• Route and track payments for approval in a timely manner.
• Answer queries from internal and external customers regarding payments and budgets.
• Maintain information in databases or other tools.
• Organize, store, archive, and retrieve contracts and payment docs.
• Coordinate records management with sponsor's groups.
• Develop and maintain data summary and payment reconciliation reports.

Skills

Interpersonal skills

Customer service

Written communication

Verbal communication

Independent work

Team collaboration

Excel

Organization

Analytical skills

Multitasking

Education

High School Diploma/GED

Job description

Merck & Co. in Rahway, NJ seeks a Payment Specialist to review contracts, set up payees and budgets, and initiate site payments following policy. You will handle payment processing for visits, milestones, and reimbursements while ensuring GAAP and SOX compliance.

Strong Excel and communication skills are essential in a cross-functional environment. The role requires managing multiple priorities in a matrix organization, maintaining records, and generating reconciliation reports.