This position will liaise with the Regional Risk Assurance Manager and Global Service Centers to ensure all controls are strictly enforced and to build across awareness on the importance of a strong internal control environment.
The Financial Risk Assurance Steward will be responsible to provide support and oversight in the implementation of financial projects, work hand in hand with the market for the timely implementation and roll out of projects ensuring alignment with internal and external compliance requirements and serve as a back-up for local accounting leads when needed.
In this role the Financial Risk Assurance Steward will be required to develop an understanding of all accounting and control facets of the markets including but not limited, Taxation, Treasury and Working Capital.
Primary responsibilities for this position include, but are not limited to the following:
- Business Partnership acting as a liaison between the market, the Region and BSC, facilitating information, knowledge sharing and best practices among all parties involved
- Supports and monitors a strong control environment on all financial accounting and reporting matters and serve as subject matter expert on controls
- Provide controls and business process guidance to ensure seamless end to end process execution
- Coordination of audit reviews (Internal, external, SOX) in the market. Oversight and monitor the timely implementation of audit finding remediation plans and ensure continued audit readiness
- Financial integrity and business assurance support for the country operations. Provides finance support for Pulse review
- Develop and execute Risk Assessment and related self-testing process on SOX and BIA controls in coordination with BSC, and Control and Compliance group with focus on identified areas of risk. Follow up on open items and provide guidance for timely resolution
- Performs 3rd party reviews to assess key financial controls and reviews 3rd party audit reports to support integrity of our company’s Financial records
- Maintain completed and updated local Archer documentation
- Ensure strong control on Balance Sheet accounts, including revenue recognition aspects, reconciliation, and timely updates on accruals, gross to net, IQV, etc
- Monitor Working capital improvement, payment terms, credit limits, inventory, in market inventories
- Facilitates training in the market for financial and internal control related matters,
- Lead the roll out of major Finance initiatives in the market and contribute to ongoing efficiency and continuous improvement initiatives
- Serves as a back-up for local market accounting leads when needed
- Mange the local entity’s Tax and Statutory audit process through to the preparation of the Annual Financial Statements
- Liaise with Treasury to ensure that the global banking rationalization process is implemented according to their project plan.
- Coordination and support on FCQ process and GOAs related matters
- Ensure market compliance with company financial policies and procedures
Education & Experience
Required:
- CA or Master’s Degree in Business Administration, Accounting or Finance
- Minimum 5 years’ experience within finance or auditing related positions
- Project management experience. Ability to promote and drive change in the organization and lead teams to achieve established objectives.
- Business Level fluency 100% (oral and written) in English
Preferred:
- Professional experience at an organization with operations across multiple countries
- Director experience preferred
- Understanding of healthcare and reimbursement systems
Our Support Functions deliver services and make recommendations about ways to enhance our workplace and the culture of our organization. Our Support Functions include HR, Finance, Information Technology, Legal, Procurement, Administration, Facilities and Security.
Who we are …
We are known as Merck & Co., Inc., Kenilworth, New Jersey, USA in the United States and Canada and MSD everywhere else. For more than a century, we have been inventing for life, bringing forward medicines and vaccines for many of the world’s most challenging diseases. Today, our company continues to be at the forefront of research to deliver innovative health solutions and advance the prevention and treatment of diseases that threaten people and animals around the world.
What we look for …
In a world of rapid innovation, we seek brave Inventors who want to make an Impact in all aspects of our business, enabling breakthroughs that will affect generations to come. We encourage you to bring your disruptive thinking, collaborative spirit and diverse perspective to our organization. Together we will continue Inventing For Life, Impacting Lives while Inspiring Your Career Growth.
INVENT.
IMPACT.
INSPIRE.
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. We are an equal opportunity employer, committed to fostering an inclusive and diverse workplace.
Current Employees apply HERE
Current Contingent Workers apply HERE
Search Firm Representatives Please Read Carefully
Merck & Co., Inc., Kenilworth, NJ, USA, also known as Merck Sharp & Dohme Corp., Kenilworth, 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:
Regular
Relocation:
No relocation
VISA Sponsorship:
No
Travel Requirements:
No Travel Required
Flexible Work Arrangements:
Not Specified
Shift:
Valid Driving License:
Hazardous Material(s):
Requisition ID:R119349