Senior Specialist, Financial Planning & Analysis

Manufacturing Division Durham Senior Specialist, Financial Planning And Analysis

Our Company's Manufacturing Division Durham Senior Specialist, Financial Planning and Analysis will work with the Finance team and Operational areas to support the analysis and development of the financial information required to successfully support the company's endeavors.

Partner with people at all levels of the organization to develop, report, monitor and manage key financial and non-financial performance indicators. Responsible for P&L, Balance Sheet, and Financial Evaluation activities in support of our Company's Manufacturing Division Durham, NC site. Provides financial support to Plant Controller and to Associate Director, Financial Planning and Analysis. Responsible for (a) consolidating and summarizing Durham Operations results and forecasts for Sr. Management review for assigned areas, (b) developing budgets and forecasts for assigned areas, (c) performing financial evaluations, (d) extracting/loading relevant financial information from/to appropriate accounting and financial systems, (e) analyzing sources of variation between actual and budgeted results and (f) preparing and presenting to area management recurring reports on financial performance. Serves as first line financial advisor to assigned areas, and as such is responsible for all financial activities of respective areas.

Must have the ability to effectively interact with Sr. Management. Primary Activities include:

• Reports to Plant Controller. Receives broad guidance for recurring, standardized functions, and on special assignments, which require an in-depth understanding of accounting, financial analysis, financial controls, working knowledge of Company's financial practices, and familiarity with the underlying transaction flows of assigned areas.
• Prepares and coordinates monthly and other periodic reports for our Manufacturing Division in prescribed formats for assigned areas which highlight causes of significant financial variations or results requiring management review and actions.
• Prepares and reviews monthly financial closing entries for accuracy and integrity.
• Meets regularly with directors/managers of assigned areas to review actual results, forecasts, and respond to questions concerning budgets, financial reports, and other financial analyses.
• Facilitates and assembles Profit Plan within established Divisional and Corporate Policies and Procedures. Prepares plan analyses to assist Sr. Management in critique of the plans for their respective area. Provides supplementary data where required to develop and support financial conclusions. Analyzes impact of operating plan on product cost.
• Consolidates forecasts and commentary of area financial results from facts and assumptions provided by area management. This involves taking historical data and line management assumptions, preparing preliminary forecasts for their review, and providing appropriate comments and opinions.
• Performs financial evaluations concerning matters in assigned or related areas (e.g., capital spending proposals, evaluation of alternatives, NPV, impact of revised procedures, etc.). Prepares other analyses in support of above site requests/initiatives (e.g., strategic planning, new product costing etc.).
• Develops, pursues, and integrates continuous improvement opportunities into financial business processes.
• Enables and facilitates financial and business acumen through learning and development.
• Acts as a financial service resource to assigned areas in matters relating to control, documentation, and other similar matters.

Qualifications:

• Minimum three to five years of experience in financial analysis and accounting. Strong computer skills especially working with SAP, MS Excel and BPC. Experience in MPS/LSS tools and techniques (YB, GB, BB training/certification a plus.)

Education Requirement:

• BS/BA required preferably in accounting or finance. An MBA or graduate degree is preferred.

The salary range for this role is $104,200.00 - $163,900.00. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this 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.