Associate Director, Above Market Inventory Accounting

Posted 4 weeks ago

Job title: Associate Director, Above Market Inventory Accounting

Company: MSD

Job description: Job DescriptionOur Finance team brings together our financial perspectives into our overall strategic and tactical decision making. We use state-of-the-art techniques for financial analysis, planning, accounting, reporting and performance evaluation. This allows the organization to continue advancing medical innovation and improve lives.Position Description:The main responsibilities of this position will focus on accounting and analysis of various aspects of our Company’s Inventory.Prepare Quarterly IQV (Inventory of Questionable value) analysis to identify inventory at risk and present results to Senior Management.Perform a review of our Company’s top key products in order to understand inventory trends. Meet with inventory planners from Supply Chain Management to identify matters affecting inventory levelsReview inventory footnote and work with consolidation/accounting standards to ensure appropriate disclosure of inventory balances.Review and approve monthly journal entries for inventory, including capitalized variance and standard revision journal entries to support the month end close.Perform ad-hoc consolidation analysis to support business decisions.Responsible for updating Inventory policies and procedures.Ensure the appropriate and adequate internal controls are in place in accordance with corporate procedures as it relates to inventory, includes liaising with internal and external audit teams.Coach and develop two full time employees with respect to monthly and quarterly deliverables which includes review of monthly reconciliation of our Company’s global inventory to the general ledger, review of months of supply and discards analysis.Participate in global initiatives related to inventory.Position Qualifications:Education Minimum Requirement:Accounting Degree.A minimum of 7 years of experience working in an accounting or finance role.Required Experience and Skills:CPA preferred.Proven strong people management skillsKnowledge and understanding of US GAAPExcellent interpersonal, communication, collaboration and problem-solving skillsStrong analytical skills and detail orientedDemonstrated ability to act in a business partnership role, advising, guiding, challenging, influencingGood knowledge of systems (e.g. SAP, Excel, PowerPoint, FCCS, BPC, Analytics)#eligableforerpVETJOBSGWESFIN400Current Employees applyCurrent Contingent Workers applyUS 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 if you need an accommodation during the application or hiring process.We are an Equal Opportunity Employer, committed to fostering an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status, or other applicable legally protected characteristics. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit:We are proud to be a company that embraces the value of bringing diverse, talented, and committed people together. The fastest way to breakthrough innovation is when diverse ideas come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively.U.S. Hybrid Work ModelEffective September 5, 2023, employees in office-based positions in the U.S. will be working a Hybrid work consisting of three total days on-site per week, Monday – Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence.This Hybrid work model does not apply to, and daily in-person attendance is required for, field-based positions; facility-based, manufacturing-based, or research-based positions where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance also does not apply to roles that have been designated as “remote”.The Company is required to provide a reasonable estimate of the salary range for this job in certain states and cities within the United States. Final determinations with respect to salary will take into account a number of factors, which may include, but not be limited to the primary work location and the chosen candidate’s relevant skills, experience, and education.Expected US salary range: $114,700.00 – $180,500.00Available benefits include bonus eligibility, long term incentive if applicable, health care and other insurance benefits (for employee and family), retirement benefits, paid holidays, vacation, and sick days. A summary of benefits is listed .San Francisco Residents Only: We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance OrdinanceLos 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 OrdinanceSearch 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: RegularRelocation: No relocationVISA Sponsorship: NoTravel Requirements: 10%Flexible Work Arrangements: HybridShift: Not IndicatedValid Driving License: NoHazardous Material(s): n/aJob Posting End Date: 01/29/2025*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.