Merck & Co, Inc

Sr. Spclst, Cost Accounting

Merck & Co, Inc • $87K — $137K *
Rahway, NJ 07065Hybrid
Manufacturing & Automotive
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, Business Administration, or Economics
  • Minimum 3 years relevant finance experience, preferably in manufacturing
  • Experience with financial analysis in a manufacturing context
  • Familiarity with US GAAP accounting standards
  • Strong Excel skills and familiarity with SAP preferred
  • Excellent analytical and organizational skills

Responsibilities

  • Maintain and create product cost per US GAAP guidelines
  • Analyze and report production results and variances to stakeholders
  • Ensure accurate monthly reporting of product costs and inventory
  • Resolve in-transit inventory issues in partnership with relevant parties
  • Analyze intercompany profit variations and consolidated costs
  • Drive cost control initiatives and efficiency improvements
  • Participate in special projects and provide ad hoc financial analysis

Benefits

  • Comprehensive medical, dental, and vision insurance for employees and families
  • 401(k) retirement plan
  • Paid holidays and vacation time
  • Compassionate leave days
  • Annual bonus and potential long-term incentives
  • Flexible work arrangements with a hybrid model
Full Job Description
Job Description

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.

This role is responsible for the following:
  • 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 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


Required Skills:
Business Administration, Cost Accounting, Cost Accounting Standards, Cost Controls, Credit Management, Credit Risk Assessment, Customer-Oriented, Data Analysis, Detail-Oriented, ERP Financial Systems, Financial Analysis, General Ledger Reconciliations, Generally Accepted Accounting Principles (GAAP), Goal-Oriented, Internal Controls, Interpersonal Relationships, Management Analysis, Policy Development, Preparation of Financial Reports, Procurement, Production Reports, Works Under Pressure

Preferred Skills:

Current Employees apply HERE

Current Contingent Workers apply HERE

The salary range for this role is
$87,300.00 - $137,400.00

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):
N/A

Job Posting End Date:
08/11/2026
*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.

About Merck & Co, Inc

Schering-Plough Corporation is a major U.S.-based manufacturer of pharmaceuticals. It operates in three segments: Prescription Pharmaceuticals, Animal Health, and Consumer Health Care. Schering-Plough develops products targeting on allergy, cancer, hepatitis, cardiovascular, central nervous system, respiratory system, and more.  It was founded in 1851 by Ernst Christian Friedrich Schering as Schering AG in Germany. Schering-Plough manufactured several pharmaceutical drugs, the most well-known of which were the allergy drugs Claritin and Clarinex, an anti-cholesterol drug Vytorin, and a brain tumor drug Temodar. It also developed drugs targeting on central nervous system and the respiratory system. Schering Plough also owned and operated the major foot care brand name Dr. Scholl's and the skin care line Coppertone. These also became a part of the new company. Schering-Plough was a full member of the European Federation of Pharmaceutical Industries and Associations (EFPIA), a membership which is also maintained by the new Merck.

Merck & Co, Inc Careers

Join the visionary team at Merck & Co, Inc, a global leader in healthcare dedicated to advancing the world of medicine. As part of our professional community, you'll find dynamic job opportunities that foster innovation and leadership across various fields. Merck & Co, Inc is not just a company; it's a place where you can make a difference.

Work You’ll Do

At Merck & Co, Inc, we are committed to improving global health through groundbreaking research and innovative healthcare solutions. Our team is at the forefront of developing new therapies and vaccines that significantly impact public health worldwide. By joining us, you will collaborate with some of the brightest minds in the industry, using your skills to contribute to projects that save and improve lives around the globe.

Explore Career Paths

Whether you're seeking an internship, a graduate opportunity, or a professional position, Merck & Co, Inc offers a range of career paths in environments that promote rapid professional growth and development. Explore job opportunities in research, digital transformation, manufacturing, and more, all while benefiting from a culture that supports diversity and inclusion.

Innovate and Lead

Merck & Co, Inc is an ideal environment for those who lead with curiosity and the drive to innovate. Our leadership is committed to fostering a culture where inventive thinking and collaboration are encouraged, making it a perfect place for professionals who seek to make an impact through their work.

Develop Your Skills

With Merck & Co, Inc, you are not just getting a job; you're gaining access to unparalleled career development opportunities. Enhance your skills through diverse training programs, workshops, and continuous learning courses designed to help you grow at every stage of your career.

Benefits and Culture

We understand that our employees are our greatest asset, which is why we offer competitive benefits designed to support the health and well-being of you and your family. From comprehensive health care coverage and retirement plans to flexible working conditions and wellness programs, our benefits package is designed to meet the diverse needs of our team members.

Join Our Team

Ready to advance your career at Merck & Co, Inc? Search open positions that match your skills and interests. We are continuously hiring and looking for passionate, creative, and solution-driven team players. Prepare your resume, sharpen your interview skills, and become part of a company that's dedicated to making a difference.

Stay Connected

Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Engage with us through our careers blog and by participating in networking events and employment fairs. Subscribe to receive personalized job alerts and the latest news tailored to your preferences. Discover the exciting and rewarding opportunities that await at Merck & Co, Inc. Join us in our mission to improve health and wellness around the world.
Learn more about Merck & Co, Inc
Size
68,000 employees
Market Cap
$282.6 billion
Industry
Pharmaceuticals & Biotech
Net Income
$7 billion
Founded
1668
5 Year Trend
+4.1%
Revenue
$47.9 billion
NASDAQ
MRK
* Ladders Estimates

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