Remote Payment Specialist - Contracts & Budgets

Merck; Rahway (NJ); On-site; USD 72,000 - 113,000; Full time

Benefits offered by this job

Annual bonus

Long-term incentive

Job summary

Merck in Rahway, NJ is seeking a Payment Specialist to review contracts and set up payees and budgets, initiate site payments, and process reimbursements in line with GAAP and SOX. The role involves handling payment inquiries, maintaining payment data, and coordinating records management with sponsor groups.

The successful candidate will demonstrate strong Excel skills, multitasking ability, and the capability to work both independently and within cross-functional teams in a highly regulated

Qualifications

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

Responsibilities

• 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 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 appropriate databases or other tools.

Skills

Interpersonal skills

Customer service

Communication

Cross-functional teamwork

Microsoft Excel

Organizational skills

Multitasking

Education

High School Diploma/GED

Tools

Microsoft Excel

Microsoft Office

Job description

Merck in Rahway, NJ is seeking a Payment Specialist to review contracts and set up payees and budgets, initiate site payments, and process reimbursements in line with GAAP and SOX. The role involves handling payment inquiries, maintaining payment data, and coordinating records management with sponsor groups.

The successful candidate will demonstrate strong Excel skills, multitasking ability, and the capability to work both independently and within cross-functional teams in a highly regulated