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Job Details

Merck & Co, Inc

Associate Director, Cost Accounting

Science and Research

Clinical Research Director


Rahway, New Jersey, United States

Job Description

Position Description:

Associate Director, Cost Accounting

This position is part of the COSI (Cost of Sales & Inventory) organization, which will perform end to end activities of accounting and costing for inventory through the supply chain.

In this role the Associate Director will interact with and support our Company's Manufacturing Division and Global Human Health (GHH) stakeholders, lead the team to ensure costing activities are performed appropriately and support monthly financial close activities. The Associate Director will also be responsible for reviewing and reporting results and analyzing monthly results with management for multiple companies and plants. The Associate Director will lead a team of 3-4 people who will report directly into this position.

This role is responsible for the following:

  • Responsible for managing, coaching, and developing a high-performance team including performance appraisal assessments.

  • Owner of the global product costing policies and procedures in alignment with other regional counterparts in COSI

  • Ensure costing activities are performed according to US GAAP rules and additional local regulatory requirements.

  • Ensure appropriate and adequate internal controls are in place in accordance with corporate procedures and participate in internal and external audits.

  • Responsible for providing monthly financial process results related to production variances, inventory adjustments, absorption and intercompany profit elimination to assigned sites and providing high level commentary

  • Perform ad-hoc cost consolidation analysis to support business decisions

  • Responsible for monthly reporting and analysis of assigned companies for Cost of Sales and inventory balances on a legal and consolidated basis.

  • Provide support to COSI Above Market team

  • Coordinate and supervise yearly product cost calculations for future year and provide local and global productivity analysis

  • Responsible for review of Idle Capacity and Profit Plan (new standards) calculations for annual Manufacturing Division budget

  • Implement tools and enhanced reporting within group to ensure on-going efficiency and process improvements

  • Provide accurate and timely support to business partners, addressing functional stakeholder inquiries

  • Participate in enterprise-wide projects, where COSI plays a vital role having end to end oversight on manufacturing cost.

  • Advise and support senior management in business decisions

Position Qualifications:

Education Minimum Requirement:

  • Bachelor's degree in Accounting or Finance

Required Experience and Skills:

  • 5-10 years of experience in a similar finance role. Experience within manufacturing finance is a plus.

  • Proven strong people management skills and ability to build a high-performance organization

  • Strong stakeholder management skills and able to simplify complex concepts

  • Natural drive to seek improvement and challenge the status quo

  • Strong analytical skills

  • Natural coach with a drive to engage in development

Preferred Experience and Skills:

  • Good SAP knowledge

  • Advanced Excel skills

  • FSA knowledge

  • Able to explain complex financial concepts to non-financial stakeholders

  • Ability to robustly challenge decisions with reasoned financial justification

  • Ability to see the broader picture and how decisions could affect the site, region, division, and company


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



Employees working in roles that the Company determines require routine collaboration with external stakeholders, such as customer-facing commercial, or research-based roles, will be expected to comply not only with Company policy but also with policies established by such external stakeholders (for example, a requirement to be vaccinated against COVID-19 in order to access a facility or meet with stakeholders). Please understand that, as permitted by applicable law, if you have not been vaccinated against COVID-19 and an essential function of your job is to call on external stakeholders who require vaccination to enter their premises or engage in face-to-face meetings, then your employment may pose an undue burden to business operations, in which case you may not be offered employment, or your employment could be terminated. Please also note that, where permitted by applicable law, the Company reserves the right to require COVID-19 vaccinations for positions, such as in Global Employee Health, where the Company determines in its discretion that the nature of the role presents an increased risk of disease transmission.

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.

We are an Equal Opportunity Employer, committed to fostering an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status, or other applicable legally protected characteristics. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit:

EEOC Know Your Rights

EEOC GINA Supplement​

Pay Transparency Nondiscrimination

We are proud to be a company that embraces the value of bringing diverse, talented, and committed people together. The fastest way to breakthrough innovation is when diverse ideas 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, generally Tuesday, Wednesday and either Monday or 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”.

Under New York State, Colorado State, Washington State, and California State law, the Company is required to provide a reasonable estimate of the salary range for this job. 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 salary range:

$107,600.00 - $169,400.00

Available benefits include bonus eligibility, health care and other insurance benefits (for employee and family), retirement benefits, paid holidays, vacation, and sick days. For Washington State Jobs, a summary of benefits is listed here.

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:



No relocation

VISA Sponsorship:


Travel Requirements:


Flexible Work Arrangements:



Not Indicated

Valid Driving License:


Hazardous Material(s):


Requisition ID:R257348