COSI Costing Senior Specialist

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 3-5 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

Required Skills:

Accountability, Accountability, Accounting, Business Administration, Business Law, Cost Accounting, Cost Controls, Credit Management, Credit Risk Assessment, Customer-Oriented, Data Analysis, Detail-Oriented, ERP Financial Systems, Finance Analytics, Financial Analysis, General Ledger Reconciliations, Generally Accepted Accounting Principles (GAAP), Goal-Oriented, Healthcare Innovation, Information Communication Technology (ICT), Internal Controls, Interpersonal Relationships, Legal Administration, Logistics, Policy Development {+ 5 more}

Preferred Skills:

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 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:

Not Indicated

Valid Driving License:

No

Hazardous Material(s):

n/a

Job Posting End Date:

05/20/2026

*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.