Specialist, US Controllers, Expatriate Accounting

Merck & Co. • Rahway, NJ

291d • $70,500 - $110,900 • Onsite

About The Position

The Accounting Specialist position is part of the US Controllers group and is primarily for performing accounting and reporting activities in support of global expatriate operations. This position requires the understanding of applicable financial analysis and accounting principles, effective problem solving, and communication skills with various stakeholders. This position will report to the Associate Director, USC Accounting and is part of the Global Controller's Organization within the Company.

Requirements

• BS degree or equivalent in Accounting required.
• Minimum 1-3 years of relevant experience.

Nice To Haves

• Understanding of General Ledger reconciliation process.
• SAP experience in preparing and processing journal entries and eICRs.
• Strong interpersonal and organization skills.
• Strong Excel skills.
• Ability to work with other Company functions and outside third parties.
• Good communication skills, both written and oral.
• Comfortable working independently as well as part of a team.
• Goal oriented; Ability to work under pressure and meet deadlines.
• Proactively identify opportunities for streamlining and rendering service delivery more efficiently.

Responsibilities

• Develop relevant business knowledge of the Global Expatriate and Tax Equalization processes.
• Point of contact for domestic and international expatriate queries, providing guidance related to international assignments, cost estimates, cost recharges, and the expatriate accounting and tax equalization process.
• Review and approve payroll expenses intercompany cross-charged by local markets for expatriate employees on assignment in the United States.
• Review and approve monthly journal entries to properly reclassify relocation and tax expenses to the appropriate division cost centers.
• Responsible for the intercompany cross-charge of payroll, relocation, and tax expenses/credits associated with expatriate employees on international assignment.
• Research and resolve intercompany billing issues for payroll, relocation, and tax equalization charges raised by local markets.
• Reconcile and resolve outstanding items in the corporate foreign tax equalization liability account.
• Provide detailed support to the FP&A budget owners of the relocation and tax charges allocated to the cost centers they manage.
• Respond to all audit inquiries and requests from both internal and external auditors.
• Assist with other ad-hoc special projects as needed.

Benefits

• Bonus eligibility
• Long term incentive if applicable
• Health care and other insurance benefits (for employee and family)
• Retirement benefits
• Paid holidays
• Vacation
• Sick days

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Chemical Manufacturing
• Education Level: Bachelor's degree