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Sr. Spclst, Cost Accounting

Merck
Full-time
On-site
Rahway, New Jersey, United States
Corporate Functions
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Job Description

Job Description:

Our Finance team brings together our financial perspectives into our overall strategic and tactical decision making. We leverage sophisticated financial analysis, planning, accounting, reporting and performance evaluation techniques to propel medical innovation and improving lives.

Position Description

This position is part of the COSI (Cost of Sales & Inventory) organization, which performs end-to-end activities of accounting for units of inventory all through the supply chain. In this role the Senior Specialist will be responsible for maintaining, reviewing, reporting and analyzing inventory, intercompany profit, production and product cost data, in supporting the monthly accounting close and management cycles for one or multiple plants.

Main Responsibilities

  • Maintain and create product cost according to US GAAP rules.
  • Control, analyze and report production results and source-to-settle variances monthly to business partners by providing high-level commentary and providing estimates for recurring events to major stakeholders.
  • Review and ensure accurate data is reported per plant in monthly product cost and inventory.
  • Analyze and resolve in-transit inventory in a timely manner, following up to determine the driver of inventory remaining in-transit and partnering with parties to resolve.
  • Analyze consolidated costs and intercompany profit differences.
  • Identify and work on initiatives that improve cost control and/or increase efficiency.
  • Continue to meet the S404 requirements, updating documentation and performing/enhancing existing controls.
  • Analyze standard revision on global level by plant and ensure appropriate accounting is performed from a local and global perspective.
  • Address entity/divisional customer inquiries on a variety of data and system issues and provide accurate financial data.
  • Prepare annual profit plan for assigned plants and products and idle capacity analysis.
  • Participate in special and ad-hoc projects to support management analysis and provide ad-hoc support to business partners.
  • Openly share and mentor experiences with peers to broaden knowledge and increase efficiency.

Position Qualifications

  • Bachelor of Art/Science degree or equivalent in Finance, Accounting, Business Administration or Economics.
  • Minimum 3-5 years of relevant finance experience, preferable in a manufacturing environment.

Preferred Experience And Skills

  • Experience with analysis of production within a financial system, SAP preferred.
  • Previous practical experience of preparing accounts in accordance with US GAAP.
  • SAP knowledge, preferred.
  • Strong Excel skills.
  • FSA/Analysis-for-Office knowledge, preferred.
  • Organized with good analytical skills.
  • Team player with a strong improvement mindset.
  • Innovative and adaptive.
  • Ability to work under pressure and meet deadlines.
  • Willingness to take on responsibility.
  • Goal-orientated.

Vetjobs

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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.

Requirements

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

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

$85,600.00 - $134,800.00

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.

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

05/17/2025

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:

R339332