Senior Specialist Financial Planning Analysis
Senior Specialist Financial Planning Analysis
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Job Description
The Senior Specialist in FP&A is essential for managing financial planning reporting and analysis for the GAHM sites in Manesar(India) and Cape Town(South Africa). This role serves as a Finance Support and Business Partner collaborating with site leadership to provide regular financial updates insights and analyses. Responsibilities include preparing monthly operating results creating financial forecasts and budgets and identifying opportunities for efficiency improvements. Additionally the specialist will support regional FP&A initiatives to drive sound financial decisionmaking across the sites.
Responsibilities
Primary responsibilities for this position include but are not limited to:
Financial planning& Analysis and business partner
- Regular financial performance updates analysis and insight including liaising with site leadership to ensure results are understood and acted upon
- Responsible for preparing and analyzing monthly operating results financial forecasts and other reports. Individual must have the ability to analyze select and summarize this information for comment while meeting reporting deadlines.
- Construction of financial forecasts and budgets in partnership with the site leadership teams and Regional/Global team this would include both capital and P&L forecasts.
- Help identifying manufacturing efficiencies and optimize the process. Be proactive in tracking and achieving the outcomes of our costsaving initiatives.
- Participate regularly in factory management operation meetings. Act as trusted member of the overall team (both finance and business) and to be relied upon to provide proactive business advice to ensure sound financial performance.
- Provide support resource to regional FP&A when required
COGS support
- Define and review standard cost and collaborate with global COSI team and other functional teams to prepare annual profitability plan
- Prepare hourly rate for budget and standard costing processes and provide relevant analysis on variances
- Assist with product costings to drive new business opportunities as well as forecasting and variance analysis
- Provide relevant information for Site products in scope of CCPs Margin Evaluations
- Support the Site with business case evaluations of new projects / new product costing / sitetransfer project evaluations
Working Capital Management
- Responsible for evaluation of Fixed Assets Acquisitions Business Case preparations ensuring Approvals as per GOA support accounting team with relevant information for creating Internal Orders asset numbers and final capitalization process requirements.
- Support periodical Fixed Asset counts conducted by Finance & Accounting Team work with Site Operations Team for smooth conduct of countcheck Gap Analysis and ensuring the deviations are supported with requisite approvals for accounting.
- IQV Analysis Close coordination with Site Operations and Procurement for assessing health of Site Inventory Analyze impact of high inventories on P&L through obsolescence risks play role in monthly S&OP Meetings to assess inventory risks. Finalize monthly provisions in accordance with Site Management discussions review and approvals in HARP for monthly close operations.
- Support periodical inventory counts work with Finance & Accounting Team and Site Operations Team for smooth conduct of Stocktake Gap Analysis Gap Approvals and ensuring the variances are accounted correctly.
- Support on any audit queries on Financial Budgets / Inventory Valuation area / Standard Cost exercise.
- Ensure compliance and internal control integrity.
Qualifications and Experience
- Bachelors degree in accounting Finance or a related field. A masters degree or relevant certification (CPA CMA etc. is preferred
- Minimum of 7 years of experience in Cost Management Accounting
- Professional experience at an organization with global operations
- Solid knowledge of basic and advanced accounting and financial principles and practices
- Excellent knowledge or risk analysis budgeting and forecasting
- Rich experience in Product Costing Capital Projects Evaluation
- Experience of working with Site Leadership and Site Operations Team supporting operational needs to Production Sites
- Advanced PC skills (MS Excel Word PowerPoint) required
- Experience in SAP FICO & Production modules required
- English can be used as a working language
Current Employees apply HERE
Current Contingent Workers apply HERE
Search Firm Representatives Please Read Carefully
Merck & Co. Inc. Rahway NJ USA also known as Merck Sharp & Dohme LLC Rahway 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 preexisting agreement is in place. Where agency agreements are in place introductions are position specific. Please no phone calls or emails.
Employee Status:
RegularRelocation:
VISA Sponsorship:
Travel Requirements:
Flexible Work Arrangements:
Not ApplicableShift:
Valid Driving License:
Hazardous Material(s):
Job Posting End Date:
05/2/2025*A job posting is effective until 11:59:59PM on the day BEFOREthe listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.
Required Experience:
Senior IC
Employment Type
Full-Time
