Sr. Spclst, Innovation Business Analyst

Senior Specialist – Innovative Solutions in Accounting and Finance

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.

Primary Responsibilities include but are not limited to:

• 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, while also 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.
• A smaller portion of the overall role, encompass the ownership and enhancement of the Product Presentation Hierarchy and MARA Extension, oversight of 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, and 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.

Qualifications

Education Minimum Requirement:

• BS/BA degree in Accounting, Finance, Technology, or a related field with a strong focus on innovative practices.

Required Experience and Skills:

• 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.

Preferred Experience and Skills:

• 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.

We are proud to be a company that embraces the value of bringing together, talented, and committed people with diverse experiences, perspectives, skills and backgrounds. The fastest way to breakthrough innovation is when people with diverse ideas, broad experiences, backgrounds, and skills come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively.

About Us

We are one company, but we operate under two different corporate brand names. We are known as Merck & Co., Inc., Rahway, NJ, USA in the United States, Canada & Puerto Rico. We are known as MSD everywhere else.