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Supervisor, Bank Management

at Merck

Merck2 LocationsPosted 2026-06-25
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Job description

Job DescriptionPosition OverviewOur company’s Global Business Solutions (GBS) team manages end-to-end Source to Settle (StS) processes, including vendor setup, invoicing, payments, and settlements.The Supervisor, Bank Management leads and supports global bank management activities, overseeing a team responsible for monitoring bank accounts, clearing transactions, and ensuring accurate and timely recording of bank movements.This role combines operational execution with team coordination, ensuring effective reconciliation, issue resolution, and adherence to global policies and controls. The position also drives process improvements, standardization, and operational efficiency across markets while collaborating with cross-functional teams.Key ResponsibilitiesLead and support bank management and clearing activities across marketsGuide and coach team members to ensure consistent, high-quality executionMonitor workload, prioritize tasks, and ensure timely resolution of bank open itemsOversee posting of bank transactions and ensure accuracy in SAP (vendor and GL assignment)Investigate and resolve exceptions, discrepancies, and aged open itemsSupport reconciliation activities and ensure timely clearing of outstanding itemsCollaborate with Accounting, Treasury, and other teams to resolve issuesEnsure compliance with global policies, controls, audit, and SOX requirementsMonitor performance metrics and ensure alignment with KPIsIdentify trends and root causes to drive continuous improvementSupport process standardization, automation, and system enhancementsMaintain accurate documentation, audit trails, and process materialsDeliver high-quality service and manage stakeholder relationshipsEducation & ExperienceBachelor’s degree in Finance, Accounting, Business, or related fieldMinimum 3 years’ experience in Finance, Accounting, Shared Services, or StSStrong understanding of bank management, settlements, and reconciliation processesExperience in team coordination or leadership supportExperience in process improvement and change initiativesStrong analytical, problem-solving, and organizational skillsExperience in controlled or compliance-driven environmentsFluency in English (additional languages are a plus)Technical SkillsProficiency in Microsoft Office (Excel, Word, PowerPoint)SAP and Ariba experience requiredExperience with banking platforms preferredStrong data analysis and problem-solving skillsAbility to manage multiple priorities and work independentlySkills & CompetenciesStrong leadership and team coordination skillsHigh attention to detail and accuracyAnalytical and problem-solving mindsetEffective communication and stakeholder managementCustomer-focused and results-drivenHigh integrity and accountabilityContinuous improvement mindsetLanguages: English required; Spanish required; Chinese/Japanese a plusPossible Career MovesSenior Specialist, StS SupportSenior Specialist, Vendor Master DataSenior Specialist, Supplier OnboardingSenior Specialist, Invoice Processing / ResolutionManager roles across StS, Vendor Master Data, Supplier Onboarding, Invoice Resolution, or SettlementsRequired Skills: Adaptability, Balance Sheet Account Reconciliations, Bank Account Management, Bank Reconciliations, Communications Support, Compliance SOX, Financial Accounting Controls, Financial Analysis, Financial Operations, Financial Planning and Analysis (FP&A), Human Resources (HR) Shared Services Advisory, Meeting Deadlines, Preparation of Financial Reports, Pressure Management, Prioritization, Proactive Problem Solving, Problem Solving, Process Documentation, Process Improvements, Quantitative Analytics, SAP Ariba, Shared Services, Stakeholder Communications, Vendor Master Data, Works Under PressurePreferred Skills: Current Employees apply HERECurrent Contingent Workers apply HERESearch 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: RegularRelocation:No relocationVISA Sponsorship:NoTravel Requirements:No Travel RequiredFlexible Work Arrangements:HybridShift:Not IndicatedValid Driving License:NoHazardous Material(s):NAJob Posting End Date:08/25/2026*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.
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