Merck Posted October 14, 2026

Payment Specialist (Remote)

Rahway, New Jersey, United States of America FULL_TIME
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About this opportunity

Job Description

Position Description:

Payment Specialist:

Duties and Responsibilities (including but not limited to):

Review all executed contracts and accurately set-up the payees and budget schedule as governed by the signed contract.

Initiate site payments according to policies and guidelines.

Process site payments related to visits completed, milestones completed and reimbursement for pass through expenses according to Generally Accepted Accounting Procedures and Sarbanes Oxley Act.

Route and track payments for approval in a timely manner.

Answer queries from internal and external customers regarding payments and budgets.

Maintain information in appropriate databases or other tools.

Organize, store, archive, and retrieve contracts, payment documentation and other relevant documents.

Coordinate records management practices and records management policy in collaboration with the appropriate sponsor’s record management groups.

Develop and maintain data summary reports and related payment reconciliation reports.

Position Qualifications:

Education Minimum Requirement:

High School Diploma/GED with minimum of 1 year experience specific to payment processing

Required Experience and Skills:

Strong interpersonal and customer service skills

Excellent written and oral communication skills

Demonstrated effectiveness working independently, collaboratively with peers and in cross-functional teams.

Knowledge of Microsoft Office applications especially Excel

Excellent organizational and analytical skills

Ability to handle multiple priorities within matrix 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.

#MSJR

#eligibleforERP

Required Skills:

Budgeting, Clinical Research, Finance, Microsoft Excel, Oral Communications, Payment Handling, Payment Processing

Preferred Skills:

Communication, Customer Service, Microsoft Office

Current Employees apply HERE

Current Contingent Workers apply HERE

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 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

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

The primary location for this posting is:

USA - New Jersey - Rahway

Where required by law, the compensation range for this role is provided below.

The salary range for the primary location of this role is:

$71,900.00 - $113,200.00

This range reflects the Company's reasonable expectation of the base salary applicable to this role at the time of 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 .

Additional location(s): Please note the salary range above applies to the Primary Location of the position. Where a role has other listed locations, different compensation guidelines may apply. You may find the salary ranges for additional locations below. If the salary range is not listed for the location you are applying to, our Talent Acquisition team will provide further information to you relevant to your location.

Additional location(s) Compensation Information:

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:

Remote

Shift:

Not Indicated

Valid Driving License:

No

Hazardous Material(s):

n/a

Job Posting End Date:

10/20/2026 *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.

Requisition ID:R421658

Job details

Seniority
Not listed
Function
Clinical Development
Therapeutic area
Not listed
Location
Rahway, New Jersey, United States of America
Employment type
FULL_TIME

How this role compares

Computed from every other active Clinical Development role in our database, not just this employer's listings.

We currently track 1427 comparable Clinical Development roles across 103 biopharma companies.

1427Comparable roles tracked
1274Currently active
103Companies hiring similar roles
54Countries represented

Salary context

461 of 1427 peers report a salary range (USD, annualized)

Peers share this role's job function. This posting doesn't list a seniority level, so peers aren't narrowed by seniority either -- the range below may span more levels than usual.

This roleSubject Not listed on this posting
Peer group range $0 – $458,800 (median $205,000)

Where these roles are based

Top locations among the 1427 comparable roles

United States723
India129
United Kingdom91
China65
Spain40
Poland33

+ 48 more countries

Seniority mix

1016 of 1427 peers have a known seniority level

Manager288
Director251
Senior149
Associate Director131
Senior Director55
Principal41
Associate39
Executive/VP35
Intern/Fellow/Postdoc27

Therapeutic area mix

203 of 1427 peers have a known therapeutic area; the rest are genuinely unlabeled, not hidden

Oncology112
Immunology26
Neuroscience24
Cardiovascular / CVRM11
Respiratory9
Dermatology & Aesthetics8
Ophthalmology4
Rare Disease3
Vaccines & Infectious Disease3
Gastroenterology3

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How we calculate "similar"

No black box, no LLM guesswork: a deterministic score built from four normalized attributes. Here's this role's own peer group at different match levels, so you can see the mechanism, not just the result.

Every comparison starts from the same 100-point budget: 25 for working in the same function, 40 for the same therapeutic area, 20 for the same or adjacent seniority, 15 for the same country. A dimension we can't confirm on both sides contributes nothing, never a guess, never a free pass.

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Unmatched or unknown dimensions score exactly the same: 0 points, never a partial guess. A role we know almost nothing about beyond its function bottoms out at 25%; it never inflates to 100% just because there's little to compare against. Seniority uses a defined ladder (Associate → Manager → Associate Director → Senior → Principal → Director → Senior Director → Executive/VP) so "Director" and "Senior Director" count as adjacent, but "Director" and "Executive/VP" do not.