Finance Sr Specialist ESG/Sustainability

1 Month ago

Rahway, New Jersey, United States

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Job Description

The Finance Sr Specialist ESG/Sustainability role at Merck in Rahway, NJ involves supporting the company's sustainability strategy through financial planning and analysis. The position requires collaboration with various departments to ensure compliance with ESG regulations, manage financial aspects of sustainability projects, and provide insights for strategic decision-making. Candidates should have a bachelor's degree in accounting or finance and 3-5 years of relevant experience.
Job Description

The Environmental, Social and Governance (ESG) Senior Financial Sr. Specialist position is a newly created role that will work with multi-functional teams across the organization in supporting the company’s sustainability strategy & initiatives. The position will be highly collaborative, providing financial planning & analysis and decision-making support through cross-functional engagement with various departments throughout the company, including Global Safety Environment, Global Engineering Solutions, GWES, Procurement, ESG Strategy and Engagement team, Internal Audit, Treasury, IT, Finance, Environmental Sustainability, Corporate Responsibility Access, and Engagement Group. This position will also play a pivotal role in supporting internal and external ESG reporting efforts related to financial quantification of data while ensuring our company's is in alignment with the dynamic and continuously evolving landscape of ESG regulations.
Responsibilities:

+ Prepare detailed reports on financial performance related to sustainability initiatives, ensuring compliance with relevant regulations and standards.

+ Integrate financial data with environmental performance metrics to provide a comprehensive view of project effectiveness and financial outcomes.

+ Oversee the financial aspects of sustainability projects, including coordinating with project teams, tracking progress, and ensuring alignment with financial goals.

+ Support strategic decision-making by providing financial insights into sustainability strategies and helping to align financial goals with sustainability objectives.

+ Communicate financial implications of sustainability projects to internal stakeholders, including project teams for further escalation.

+ Identify and assess financial risks associated with sustainability projects and develop strategies to mitigate risk.

+ Ensure that all financial practices related to sustainability projects comply with regulatory requirements and internal policies.

+ Identify opportunities for improving financial processes related to sustainability and implement best practices for financial management in environmental projects.

+ Execute sustainability projects and assess the cost component associated with the Net Zero Portfolio and the Renewable Energy Strategy.

+ Conduct financial analyses to evaluate the feasibility and potential financial benefits of entering into VPPAs, including assessing the financial impact, projected cost savings, potential revenue streams, and associated risks.

+ Maintain and provide guidance on widely used financial modeling template which integrates sustainability considerations into financial planning and decision-making processes.

+ Track expenditures and forecast future financial needs for current projects that support sustainability goals.
• *Minimum Requirements/Keys to Success:**

+ Bachelor's degree in accounting or finance

+ 3-5 years of financial reporting and financial planning experience

+ Familiarity or experience with ESG financial planning & reporting and sustainability standards would be advantageous.

+ Detail-oriented with a commitment to accuracy, ability to react to changes, and work effectively in high-pressure situations.

+ Demonstrated ability to work in complex environments, drive change, and build collaborative relationships.

+ Strong interpersonal skills and ability to work effectively in a cross-functional and dynamic environment.
• *NOTICE
FOR INTERNAL APPLICANTS

In accordance with Managers' Policy - Job Posting and Employee Placement, all employees subject to this policy are required to have a minimum of twelve (12) months of service in current position prior to applying for open positions.

If you have been offered a separation benefits package, but have not yet reached your separation date and are offered a position within the salary and geographical parameters as set forth in the Summary Plan Description (SPD) of your separation package, then you are no longer eligible for your separation benefits package. To discuss in more detail, please contact your HRBP or Talent Acquisition Advisor.

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.

We are an Equal Opportunity Employer, committed to fostering an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status, or other applicable legally protected characteristics. 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​

Pay Transparency Nondiscrimination (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)

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.

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


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 Company is required to provide a reasonable estimate of the salary range for this job in certain states and cities within the United States. Final determinations with respect to salary will take into account a number of factors, which may include, but not be limited to the primary work location and the chosen candidate’s relevant skills, experience, and education.

Expected US salary range:

$101,100.00 - $159,100.00

Available benefits include bonus eligibility, long term incentive if applicable, health care and other insurance benefits (for employee and family), retirement benefits, paid holidays, vacation, and sick days. A summary of benefits is listed here (https://www.benefitsatmerck.com/) .
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:


Not Indicated
• *Valid Driving License:

No
• *Hazardous Material(s):**

n/a
• *Job Posting End Date:


11/13/2024
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:* R318135
Job Description

The Environmental, Social and Governance (ESG) Senior Financial Sr. Specialist position is a newly created role that will work with multi-functional teams across the organization in supporting the company’s sustainability strategy & initiatives. The position will be highly collaborative, providing financial planning & analysis and decision-making support through cross-functional engagement with various departments throughout the company, including Global Safety Environment, Global Engineering Solutions, GWES, Procurement, ESG Strategy and Engagement team, Internal Audit, Treasury, IT, Finance, Environmental Sustainability, Corporate Responsibility Access, and Engagement Group. This position will also play a pivotal role in supporting internal and external ESG reporting efforts related to financial quantification of data while ensuring our company's is in alignment with the dynamic and continuously evolving landscape of ESG regulations.
Responsibilities:

+ Prepare detailed reports on financial performance related to sustainability initiatives, ensuring compliance with relevant regulations and standards.

+ Integrate financial data with environmental performance metrics to provide a comprehensive view of project effectiveness and financial outcomes.

+ Oversee the financial aspects of sustainability projects, including coordinating with project teams, tracking progress, and ensuring alignment with financial goals.

+ Support strategic decision-making by providing financial insights into sustainability strategies and helping to align financial goals with sustainability objectives.

+ Communicate financial implications of sustainability projects to internal stakeholders, including project teams for further escalation.

+ Identify and assess financial risks associated with sustainability projects and develop strategies to mitigate risk.

+ Ensure that all financial practices related to sustainability projects comply with regulatory requirements and internal policies.

+ Identify opportunities for improving financial processes related to sustainability and implement best practices for financial management in environmental projects.

+ Execute sustainability projects and assess the cost component associated with the Net Zero Portfolio and the Renewable Energy Strategy.

+ Conduct financial analyses to evaluate the feasibility and potential financial benefits of entering into VPPAs, including assessing the financial impact, projected cost savings, potential revenue streams, and associated risks.

+ Maintain and provide guidance on widely used financial modeling template which integrates sustainability considerations into financial planning and decision-making processes.

+ Track expenditures and forecast future financial needs for current projects that support sustainability goals.
• *Minimum Requirements/Keys to Success:**

+ Bachelor's degree in accounting or finance

+ 3-5 years of financial reporting and financial planning experience

+ Familiarity or experience with ESG financial planning & reporting and sustainability standards would be advantageous.

+ Detail-oriented with a commitment to accuracy, ability to react to changes, and work effectively in high-pressure situations.

+ Demonstrated ability to work in complex environments, drive change, and build collaborative relationships.

+ Strong interpersonal skills and ability to work effectively in a cross-functional and dynamic environment.
• *NOTICE
FOR INTERNAL APPLICANTS

In accordance with Managers' Policy - Job Posting and Employee Placement, all employees subject to this policy are required to have a minimum of twelve (12) months of service in current position prior to applying for open positions.

If you have been offered a separation benefits package, but have not yet reached your separation date and are offered a position within the salary and geographical parameters as set forth in the Summary Plan Description (SPD) of your separation package, then you are no longer eligible for your separation benefits package. To discuss in more detail, please contact your HRBP or Talent Acquisition Advisor.

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.

We are an Equal Opportunity Employer, committed to fostering an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status, or other applicable legally protected characteristics. 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​

Pay Transparency Nondiscrimination (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)

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.

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


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 Company is required to provide a reasonable estimate of the salary range for this job in certain states and cities within the United States. Final determinations with respect to salary will take into account a number of factors, which may include, but not be limited to the primary work location and the chosen candidate’s relevant skills, experience, and education.

Expected US salary range:

$101,100.00 - $159,100.00

Available benefits include bonus eligibility, long term incentive if applicable, health care and other insurance benefits (for employee and family), retirement benefits, paid holidays, vacation, and sick days. A summary of benefits is listed here (https://www.benefitsatmerck.com/) .
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:


Not Indicated
• *Valid Driving License:

No
• *Hazardous Material(s):**

n/a
• *Job Posting End Date:


11/13/2024
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:* R318135

Merck


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Merck

Merck

About this company

Stage:Other

Website:merck.com

At Merck, known as MSD outside of the United States and Canada, we are unified around our purpose: We use the power of leading-edge science to save and improve lives...read more

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