Senior Consolidation Accountant-1

Merck & Co.; Rahway (NJ); Hybrid; USD 96,000 - 151,000; Full time

Job summary

Merck & Co. is seeking a Senior Consolidation Accountant to compile and report consolidated financial results under US GAAP, coordinating data for the Annual Report and SEC filings.

You will work with global subsidiaries, FP&A, and HQ to ensure accurate consolidation and insightful financial analysis. The role requires 2+ years in accounting or related fields, strong Excel skills, and knowledge of consolidation accounting.

Qualifications

• Minimum 2 years in an accounting related role, internal audit, or Big 4 public accounting.
• Understanding of the relationship between income statement, balance sheet, and cash flow statement.
• Understanding of translation of foreign entities' financial statements to US Dollars, as well as principles of Consolidation Accounting.
• Demonstrated ability to analyze financial reports for accuracy and reasonableness and to prepare and maintain various supporting schedules.
• Strong time management skills, with an ability to work effectively under set time schedules
• Ability to work well independently, as well as a team player, under tight deadlines.
• Highly developed organizational, analytical and communication skills, and an ability to collaborate across areas.
• Strong technical accounting skills, attention to detail, and high level of accuracy.
• Proficient experience working with Microsoft Excel.

Responsibilities

• Interact with global subsidiaries, FP&A teams and HQ teams to understand the company's performance and enable the accurate consolidation of overall financial results and gain business insights.
• Assist with the preparation of our Company's US GAAP Consolidated Income Statement, Balance Sheet, Cash Flow Statement and various footnotes and disclosures, which are filed in the 10Q and 10K with the SEC.
• Prepare consolidation journal entries, including processing post-closing adjustments on behalf of business divisions/legal entities.
• Perform in-depth reviews of financial statement accounts by analyzing account balances, researching variations, obtaining entity commentary, and ensuring proper US GAAP accounting is applied.
• Prepare ad hoc analyses/reports and assist with special projects to drive continuous improvement and efficiencies in financial reporting.
• Participate on cross-functional teams to ensure proper accounting for entity acquisitions and divestitures.
• Provide accounting guidance/instructions to business divisions/legal entities for various transactions.
• Ensure compliance with Finance policies and procedures, internal controls, and S404 requirements

Skills

Accounting Applications

Adaptability

Budget Variance Analysis

Credit Management

Credit Risk Assessment

Financial Accounting Controls

Financial Data Reporting

Financial Forecasting

Financial Planning and Analysis

Preparation of Financial Reports

Professional Integrity

Project Risk Assessments

Team Leadership

Teamwork

Education

Bachelor's degree in Accounting

Tools

FCCS

SAP

Job description

Job Description

The Global Controller's organization at our Company ensures the financial integrity of the company's results. This integrity is reflected in the soundness of our balance sheet, the quality of the financial information provided to investors and regulatory bodies, and the relevance of the financial information and advice provided to our Company's management. -As part of the Consolidation Accounting team within the Global Controller's Organization, you will play a critical role in making this happen as well as collaborate cross functionally with all areas of our Company to ensure activities operate in well controlled financial environment. -The Senior Consolidation Accountant will be responsible for compilation and reporting of the Company's consolidated financial results in accordance with US GAAP. The candidate will coordinate, prepare, and analyze the financial data utilized in the Annual Report and the SEC 10Q and 10K filings. This will include compiling comparative analyses for the consolidated Balance Sheet, Income Statement, and Statement of Cash Flows for assigned accounts. -The Senior Consolidation Accountant reports directly to the Associate Director of Consolidation Accounting.

Primary responsibilities for this position include, but are not limited to, the following:

• Interacting with all global subsidiaries, FP&A teams and HQ teams to understand the company's performance and enable the accurate consolidation of overall financial results and gain business insights.
• Assist with the preparation of our Company's US GAAP Consolidated Income Statement, Balance Sheet, Cash Flow Statement and various footnotes and disclosures, which are filed in the 10Q and 10K with the SEC
• Prepare consolidation journal entries, including processing post-closing adjustments on behalf of business divisions/legal entities.
• Perform in-depth reviews of financial statement accounts by analyzing account balances, researching variations, obtaining entity commentary, and ensuring proper US GAAP accounting is applied.
• Prepare ad hoc analyses/reports and assist with special projects to drive continuous improvement and efficiencies in financial reporting.
• Participate on cross-functional teams to ensure proper accounting for entity acquisitions and divestitures.
• Provide accounting guidance/instructions to business divisions/legal entities for various transactions.
• Ensure compliance with Finance policies and procedures, internal controls, and S404 requirements

Required Education:

• Bachelor's degree in Accounting

Required Experience and Skills:

• A minimum of 2 years of demonstrated experience in an accounting related role, internal audit, or Big 4 public accounting.
• Understanding of the relationship between income statement, balance sheet, and cash flow statement.
• Understanding of translation of foreign entities' financial statements to US Dollars, as well as principles of Consolidation Accounting.
• Demonstrated ability to analyze financial reports for accuracy and reasonableness and to prepare and maintain various supporting schedules.
• Strong time management skills, with an ability to work effectively under set time schedules
• Ability to work well independently, as well as a team player, under tight deadlines.
• Highly developed organizational, analytical and communication skills, and an ability to collaborate across areas.
• Strong technical accounting skills, attention to detail, and high level of accuracy.
• Proficient experience working with Microsoft Excel.

Preferred Experience and Skills:

• Working knowledge of Financial Consolidation and Close System (FCCS) and SAP applications
• CPA or MBA

Required Skills:

Accounting Applications, Adaptability, Budget Variance Analysis, Credit Management, Credit Risk Assessment, Financial Accounting Controls, Financial Data Reporting, Financial Forecasting, Financial Planning and Analysis (FP&A), Preparation of Financial Reports, Professional Integrity, Project Risk Assessments, Team Leadership, Teamwork

Preferred Skills:

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:

$96,200.00 - $151,400.00

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

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