Merck & Co Hiring for Accounting Above Market Senior Specialist job in Rahway Full Time

Job Description

Position Description:

Accounting Above Market Senior Specialist

In this role, the COSI Above Market Senior Specialist is expected to consolidate global sales, costs sales and eliminate intercompany profit to ensure global P&L and inventory accounts are properly stated. This role will work directly with global costing teams to understand drivers impacting inventory, Sales & COGS accounts and will be responsible for the following:

• Perform the above market monthly close activities which include the tracking and elimination of intercompany profit in inventory, by product and on a consolidated level.
• Oversight of product level reviews to ensure intercompany profit is appropriate and partner with costing team to understand any major drivers/changes.
• Perform product level and consolidated PGM analysis to ensure intercompany profit realized is appropriate and in line with expectations.-
• Perform the appropriate recording of the Intercompany Profit Elimination to ensure inventory is appropriately stated.-
• Perform the Inter-company profit reconciliation and resolve any significant differences on a timely basis. This will requires partnering with our Global Costings to understand differences and ensure timely resolution.-
• Maintain strong internal controls over respective Above Market Processes (i.e., Intercompany Profit Elimination, Standard Revaluation, Months of Supply and Intercompany Reserve processes).-
• Provide assistance to local markets/ our manufacturing division on questions related to their actual results.-
• Approve various above market journals to support the month end close.
• Perform monthly reconciliation of ICP reserve.- Collaborate with global costing to clear differences on a timely basis.-
• Identify trends noted in ICP reserve and collaborate with cross functional teams (OTC, ATR) in and identifying ways to address differences.
• Challenging and driving continuous improvement of existing processes through optimization, standardization and stability;
• Support, analysis, and assistance in the AH goals related to consolidated costs, albeit coming from CoE, COSI, our manufacturing division or product / business development integration teams.
• In addition to the responsibilities outlined above, this position will work closely with the COSI Associate Director and Director to identify process improvements and help improve visibility into P&L results when questions come to COSI from local markets and corporate.

Position Qualifications:

Education Minimum Requirement:

• Undergraduate in Accounting required
• CPA preferred

Required Experience and Skills:

• 4+ years accounting/finance experience-
• Ability to confidently and effectively interact with senior leaders and stakeholders to assess and understand business requirements, communicate project plans and status, and effectively interact as a leader on projects with global implications-
• Excellent communication, collaboration and interpersonal skills required along with demonstrated experience working with global and cross-functional teams-
• Engages customers and stakeholders and demonstrates knowledge and awareness of their needs/expectation-
• Comply with and complete SOX 404 requirements

Preferred Experience and Skills:

• Strong analytical skills, detail oriented, effective communication and interpersonal skills, ability to build effective working relationships across functions, willingness and capability to gather data and understand the desired outcomes cross functionally, ability to influence decision making, project management skills and results oriented.-
• Experience working in SAP and/or FCCS Director, COSI & Intercompany COE

NOTICE FOR INTERNAL APPLICANTS

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.

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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:

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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:
$83,100.00 – $130,900.00

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:
Regular

Relocation:
No relocation

VISA Sponsorship:
No

Travel Requirements:
10%

Flexible Work Arrangements:

Shift:
Not Indicated

Valid Driving License:
Yes

Hazardous Material(s):
n/a

Requisition ID:R279246