Sr. Spclst, Innovation Business Analyst

Merck & Co. • Rahway, NJ

282d • $85,600 - $134,800 • Onsite

About The Position

The Senior Specialist in Innovative Solutions for Accounting and Finance will play a pivotal role in transforming the Cost of Sales and Inventory (COSI) processes through innovative strategies and advanced technologies. The COSI organization emphasizes the integration of three critical dimensions in its financial framework: actuals, budget, and forecasting, to ensure comprehensive financial management and informed decision-making. This position focuses on enhancing the end-to-end accounting activities related to inventory management within our Company's financial supply chain, with an emphasis on introducing groundbreaking ideas and solutions that drive efficiency and effectiveness. The Senior Specialist will engage in a comprehensive understanding of the financial reporting process and our Company's financial ecosystems while championing innovative approaches to COSI activities. This includes legal costing, reconciliation of inventory balances, and assessing intercompany profit calculations. The successful candidate will be tasked with driving the creation, development, and improvement of cloud-based data products and applications aimed at revolutionizing COSI processes. Emphasis will be placed on continuous improvement and proactive problem-solving. Collaboration will be key in this role, working alongside stakeholders from various divisions including Manufacturing, Human Health, and Information Technology to foster a culture of innovation and integrate new solutions within COSI operations.

Requirements

• BS/BA degree in Accounting, Finance, Technology, or a related field with a strong focus on innovative practices.
• Minimum of 3 years of relevant experience in an analytical, accounting, or finance role with a proven track record of driving innovation.
• Ability to operate effectively both independently and collaboratively within teams.
• Strong organizational, analytical, and communication skills, coupled with the ability to engage with multiple stakeholders across the organization.

Nice To Haves

• Familiarity with the Finance Shared Area (FSA - SAP HANA database), Financial Tool Kit (FTK), SAP ERP, FCCS (Oracle Cloud Consolidation tool), and Excel-based tools (Analysis for Office, SmartView).
• Experience with Power BI (including self-service business development), Tibco EBX, AWS S3, Redshift, Tableau, Business Objects, and Agile methodologies (Scrum).
• Solid understanding of sales, inventory, and cost accounting, with a willingness to explore and implement innovative accounting solutions.

Responsibilities

• Identifying and analyzing data sources and transformations that address current and future business challenges within COSI, using creativity and analytical skills to drive innovation.
• Developing and implementing cutting-edge solutions for COSI processes utilizing technologies such as Microsoft Power BI, Tibco EBX, AWS S3, and Redshift.
• Conducting testing, training, and communication efforts related to system enhancements, ensuring that all innovations are well-integrated and understood across the organization.
• Serving as an advocate for new ways of working within the COSI organization, promoting a culture of innovation and collaboration that empowers teams to embrace change and optimize processes effectively.
• Owning and enhancing the Product Presentation Hierarchy and MARA Extension.
• Overseeing the accuracy of the Common Information Model for sales and inventory transactions within the Finance Shared Area.
• Ensuring compliance and operational readiness for the Local Adjustment Tool in SAP.
• Providing business support to global users to resolve journal entry issues and improve user experience.
• Addressing ad hoc requests with a focus on innovative problem-solving and efficient data management.

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: Mid Level
• Industry: Chemical Manufacturing
• Education Level: Bachelor's degree