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Job Description

The Executive Director, Head of Global Accounting Standards has broad responsibility for ensuring accounting principles are interpreted properly and consistently applied; our company's external financial reporting is accurate, adhering to regulations, can be relied upon by investors. The Head of Global Accounting Standards collaborates with a group that supports all aspects of technical accounting and business development transactions, as well as the Company’s broad portfolio of collaboration and license arrangements. In addition, the Head of Global Accounting Standards plays a pivotal role in collaborating with the tax accounting team to support accurate and reliable accounting for tax impacts of all the company’s significant transactions.

This role, while based on the US, has global reach to ensure that finance, legal and business colleagues around the globe have appropriate and consistent technical accounting guidance. The individual in the role is a trusted business partner/ advisor to a variety of groups including, tax, treasury, business development, the Business Support Centers, Research and Development, Manufacturing Division, Global Human Health, Animal Health divisional finance teams as well as the finance teams in the local markets.

The Executive Director, Head of Global Accounting Standards must be able to understand complex transactions to ensure the accounting and financial reporting treatments are handled properly. Communication skills are particularly important as the individual in this role must articulate complex accounting concepts in language that is understood by non-accountants. In addition, this role is an important interface with the Company’s external auditors. Enterprise leadership skills of execution excellence, decision making, influence, and networking/partnerships are critical to this role, given the broad base of interactions across the organization globally.

Details of specific areas of responsibility are:

+ Lead the application of accounting principles applying deep technical accounting knowledge and business acumen to support and influence strategic business imperatives.

+ Monitor new accounting or reporting standards, evaluate the impact to our company and manage the implementation of these new standards, including developing new reporting disclosure requirements.

+ Provide guidance to the various disciplines around the Company, including the CFO, Controller, Tax, Treasury, Business Development, Divisional Finance, Consolidations, Internal Audit, Local Country Finance, Legal and Business Alliances.

+ Oversee the process for goodwill accounting and impairments (including managing third party valuation firms as needed).

+ Collaborate with the Tax Accounting team to ensure all aspects of income tax accounting are in accordance with accounting principles and clearly understood throughout the organization.

+ Contribute to the Company’s communications with accounting regulators (FASB or SEC) through Exposure Drafts issued for comment.

+ Represent our company in accounting/finance industry conferences and the Pharma/biotech accounting.

+ Oversee our company's restructuring program, ensuring the actions under any restructuring plan are accounted for properly.

+ Support the development of materials for the Audit Committee and Board of Directors, including technical accounting updates.

+ Maintain effective internal controls and technical accounting policies in support of the Company’s global internal control framework.

+ Lead, develop and mentor technical accounting professionals, leveraging the Company’s enterprise leadership skills and career development frameworks.

+ Support the Company’s transformation journey by identifying opportunities to simplify, streamline and automate, where appropriate.

The Executive Director, Head of Global Accounting Standards, reports to the Assistant Controller.

Education Minimum Requirements:

+ Bachelor's Degree in Accounting, and Certified Public Accountant (CPA) or equivalent

Required Skills:

Accounting Applications, Accounting Applications, Asset Risk Management, Budgeting, Business Acumen, Business Development, Career Development, Clinical Judgment, Communication, Conflict Resolution, Credit Management, Detail-Oriented, External Financial Reporting, Finance, Financial Accounting Controls, Financial Analysis, Financial Reports, Internal Control Framework, International Accounting Standards, IS Audit, Leadership, Negotiation, People Leadership, Preparation of Financial Reports, Project Risk Assessments {+ 5 more}

Preferred Skills:

Current Employees apply HERE (https://wd5.myworkday.com/msd/d/task/1422$6687.htmld)

Current Contingent Workers apply HERE (https://wd5.myworkday.com/msd/d/task/1422$4020.htmld)

US and Puerto Rico Residents Only:

Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here (https://survey.sogosurvey.com/r/aCdfqL) if you need an accommodation during the application or hiring process.

As an Equal Employment Opportunity Employer, we provide equal opportunities to all employees and applicants for employment and prohibit discrimination on the basis of race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, or other applicable legally protected characteristics. As a federal contractor, we comply with all affirmative action requirements for protected veterans and individuals with disabilities. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit:

EEOC Know Your Rights (https://www.eeoc.gov/sites/default/files/2022-10/22-088\_EEOC\_KnowYourRights\_10\_20.pdf)

EEOC GINA Supplement​

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.

Learn more about your rights, including under California, Colorado and other US State Acts (https://www.msdprivacy.com/us/en/CCPA-notice/)

Effective September 5, 2023, employees in office-based positions in the U.S. will be working a Hybrid work consisting of three total days on-site per week, Monday - Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence.This Hybrid work model does not apply to, and daily in-person attendance is required for, field-based positions; facility-based, manufacturing-based, or research-based positions where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance also does not apply to roles that have been designated as “remote”.

The salary range for this role is

$206,200.00 - $324,600.00

This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. An employee’s position within the salary range will be based on several factors including, but not limited to relevant education, qualifications, certifications, experience, skills, geographic location, government requirements, and business or organizational needs.

The successful candidate will be eligible for annual bonus and long-term incentive, if applicable.

We offer a comprehensive package of benefits. Available benefits include medical, dental, vision healthcare and other insurance benefits (for employee and family), retirement benefits, including 401(k), paid holidays, vacation, and compassionate and sick days. More information about benefits is available at https://jobs.merck.com/us/en/compensation-and-benefits .

You can apply for this role through https://jobs.merck.com/us/en (or via the Workday Jobs Hub if you are a current employee). The application deadline for this position is stated on this posting.

**San Francisco Residents Only:** We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance Ordinance

**Los Angeles Residents Only:** We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance

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 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:

10%

Flexible Work Arrangements:

Hybrid

Shift:

1st - Day

Valid Driving License:

No

Hazardous Material(s):

NA

Job Posting End Date:

12/5/2025

*A job posting is effective until 11:59:59PM on the day** **BEFORE** **the listed job posting end date. Please ensure you apply to a job posting no later than the day** **BEFORE** **the job posting end date.

**Requisition ID:** R375098