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Specialist, Cost Accounting
Rahway, NJ
Apr 12, 2025
Full-time

Job Description

Are you a highly talented finance graduate or early career finance professional seeking a first or new challenge? Join a dynamic team at one of the largest pharma companies in the world! We're hiring an Specialist for our finance traineeship program in our COSI (Cost of Sales and Inventory) team in US.

Welcome in our COSI organization

Our Finance team leverages sophisticated financial analysis, planning, accounting, reporting, and performance evaluation techniques to propel medical innovation and enhance human's and animal's lives whilst working in a growing dynamic high-tech and international environment.

In this role, you will be assigned and responsible to manage, analyze and report inventory, production and product cost data, and support monthly accounting close and management cycles for multiple branches across the world. This is role is part of our two-year traineeship program which includes multiple job rotations within the US COSI teams.

Main responsibilities
Your main tasks will vary by rotation, examples but not limited to:

  • Support the global standard cost calculation process, and create and maintain product cost and revision of costs under US GAAP rules.

  • Control, analyze, and report production results and variances.

  • Assist in uploading Internal control supporting documentation to audit board.

  • Review and ensure accurate data is reported for monthly product cost and inventory consolidation close.

  • Identify and work on initiatives to improve cost control and increase efficiency.

  • Provide accurate and timely financial cost and inventory data to stakeholders.

  • Participate in special and ad hoc projects to support management analysis.

  • Account for inventory obsolescence reserves

  • Above market activities and reporting related to Inventory.

    • Global Inventory Reconciliation

    • Trend analysis over Inventory

    • Assist with putting data together to be used for deliverables required by above market team

    • Post monthly journal inventories for inventory

    • Assist in preparing quarterly (Inventory of Questionable Value) analysis

  • Support senior specialists or specialists, as needed.

Your profile

  • Bachelors degree in Accounting

  • Master's degree in finance/business/administration/economics.

  • 0-2 years of Experience; No prior work experience required, internships or short-term experiences are a plus.

  • Adaptable to changing environment and learning new skills.

  • Ability to work under pressure and meet deadlines.

  • Strong communication skills, team player mentality and bridge builder with stakeholders.

  • Pro-active approach in learning and problem solving.

  • Innovative mindset - High sense of responsibility and taking initiative by driving change.

  • Fluency in English both verbally and in writing is mandatory.

  • Organized with good analytical skills and affinity with tools and systems.

  • Flexible in work hours

  • Able to see the wider picture and how decisions could affect the site, region, division and company.

#Eligablforerp

VETJOBS

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

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:

$70,500.00 - $110,900.00

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:

04/25/2025

*A job posting is effective until 11:59:59PM on the day BEFOREthe 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:R344163

PDN-9ea79ab5-146a-47b0-b097-c0c806565e1d
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Specialist, Cost Accounting
Merck
Rahway, NJ
Apr 12, 2025
Full-time
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