Job Abstract

Job Description

Position Description:

Associate Director – Cost of Sales & Inventory (COSI) Process Support

Associate Director – Cost of Sales & Inventory (COSI) Process Support provides guidance and innovation to the COSI organization on the end-to-end accounting activities related to the costing and movement of inventory through our Company’s financial supply chain.  The COSI end-to-end activities include legal costing, reviewing the calculation of consolidated cost, movement of inventory, reconciliation of inventory balances, and the calculation of intercompany profit. 

The position will develop a broad understanding of the end-to-end financial reporting process, our Company's financial supply chains, and the use of various financial tools. This candidate will partner with various divisions across the company, including the Manufacturing, Human Health, and Information Technology divisions.

Primary Responsibilities include but are not limited to:

• Oversight of the end-to-end costing, inventory and intercompany profit processes, including driving the evaluation of process innovation and changes

• Ownership of business tools to support journal entries in SAP and master data controls and processes (product hierarchy) to support the financial close

• Coordination and testing of system fixes and enhancements, partnering with information technology (IT) teams and others

• Developing innovative solutions to the COSI processes, including simplifying or eliminating processes within COSI

• Partnering with local finance teams, Business Service Centers (BSC), Divisional Financial Service (DFS) teams to provide monthly close support and guidance on how to properly record sales and inventory related activity

• Lead training efforts across the organization

• Participation in various projects, including new business or divestiture initiatives

• Ad hoc requests

• Responsible for managing a staff of senior analysts

Position Qualifications:

Education Minimum Requirement

• BS/BA degree in Accounting

Required Experience and Skills:

• A minimum of 5 years demonstrated experience in an analytical, accounting or finance role

• Ability to work well independently, as well as in teams, and manage accounting projects

• Strong leadership and managerial skills

• Highly developed organizational, analytical and communication skills and an ability to collaborate across areas

• Goal oriented, initiative to learn and adaptive to change

Preferred Experience and Skills:

• CPA or MBA

• Knowledge of Finance Sharing Area (FSA – SAP Hana database), Financial Tool Kit (FTK), SAP, FCCS (Oracle Cloud Consolidation tool), Excel based tools (Analysis for Office, SmartView), PowerBI (including self service business development)

• Knowledge of sales, inventory and cost accounting

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.

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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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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:

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.

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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. 

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