Job Description

Job Description:

We are seeking a highly motivated Director, Accounting Standards, who’s primary responsibility will be to educate the organization around the restructuring requirements, monitoring and reviewing the activity  of our Company's existing restructuring plans, as owned and executed by the business functions, and ensure accounting principles are interpreted properly and consistently applied with respect to the plans. This individual will also monitor integration and acquisition related costs and ensure appropriate budgeting, tracking and reporting of such costs.   This individual needs to exhibit a high degree of business acumen and be able to interpret the impact of various contractual agreements, shifts in forecasting, and changes in day-to-day operations and/or the restructuring plan itself and how these events are reflected in the Company’s accounting for its restructuring plans and ultimately its financial statements.

This role, while based in the US, has global reach to ensure that finance and business colleagues around the globe have appropriate and consistent technical accounting guidance with respect to restructuring and integration. The individual in the role is a trusted business partner/ advisor to a variety of groups including Research and Development, the Manufacturing Division, Global Human Health, Animal Health divisional finance teams, Treasury as well as colleagues in the local markets. Communication skills are particularly important as the individual in this role must articulate how the restructuring accounting framework is applied across the organization, including to senior finance leaders.  In addition, this role is an important interface with the Company’s external auditors.

This individual will be responsible for the drafting and reviewing various elements of external reporting and financial reporting with respect to restructuring, including, but not limited to, footnote disclosures included within the form 10-K and 10-Q, quarterly (or more frequent) presentations to the Global Controller and Audit Committee, as necessary, and various other forms of communication.  Regarding integration and acquisition related costs, the individual will be responsible for tracking teams’ integration plans and responsible for forecasting adjustments throughout the year and will leverage their knowledge of the various cost types to provide visibility and reporting to various stakeholders.

Key Responsibilities:

• Serve as the primary point of contact for accounting matters related to restructuring programs and the monitoring of spend related to integration activities and acquisition-related expenses.

• Lead the application of accounting principles applying deep technical accounting knowledge and business acumen to support restructuring activities.  

• Monitor restructuring programs and integration activities in partnership with business, Finance, and project teams to identify accounting implications and ensure timely recognition, measurement, and disclosure.

• Provide guidance to, and collaborate with, the various disciplines around the Company, including the CFO, Controller, Tax, Treasury, Divisional Finance, Consolidations, Internal Audit, Local Country Finance, etc. around the interpretation and application of the restructuring accounting framework.

• Partner with Business Development Accounting Standards to monitor and track integration plans and assist in forecasting integration/acquisition related spending for purposes of external reporting

• Develop, update, and maintain accounting policies and guidance related to restructuring, integration, and acquisition costs, ensuring alignment with evolving standards and regulatory expectations.

• Prepare and/or review technical accounting memos, documentation, and position papers on complex restructuring and integration transactions for internal and external audit purposes.

• Prepare and/or review footnote disclosures included within the form 10-K and 10-Q, quarterly (or more frequent) presentations to the Global Controller and Audit Committee, as necessary, and various other forms of communication with respect to restructuring.

• Collaborate with internal and external auditors, providing evidence and explanations to support accounting conclusions and reconciliations.

• Identify process improvement opportunities within the accounting and reporting processes for restructuring and integration, and drive implementation of best practices and best in class internal controls.

• Maintain compliance with established Finance policies and procedures, internal controls, and Sarbanes-Oxley (S404) requirements.

• Partner with Investor Relations and Corporate Reporting teams to ensure clear, transparent, and compliant disclosures related to restructuring programs and integration/acquisition activity in financial statements and management reports.

• Develop data monitoring dashboards for use in the tracking of restructuring and integration/acquisition related costs.

Position Qualifications:

Education Minimum Requirement:

• Undergraduate degree in accounting

Required Experience and Skills:

• A minimum of 10 years of demonstrated experience in an accounting related role, internal audit or Big 4 public accounting

• Strong technical accounting, analytical and computer skills

• Ability to work under pressure to deliver high-quality results for specific deadlines

• Ability to work well independently, as well as a team player, and manage large projects

• Ability to collaborate across multiple business units and communicate clearly and concisely the various accounting requirements

• Ability to articulate accounting judgments to finance leadership

• Proficiency in Excel

• Solid leadership and managerial skills

• CPA

VETJOBS

Required Skills:

Accounting Applications, Accounting Applications, Accounting Policies, Accounting Standards, Asset Risk Management, Budgeting, Business Acumen, Credit Management, Credit Risk Assessment, Customer-Focused, Detail-Oriented, Ethical Compliance, Finance, Financial Analysis, Innovative Solutions, Internal Auditing, Internal Controls, IS Audit, Leadership, Legal Agreements, Management Process, Monitoring Control, Negotiation, Preparation of Financial Reports, Pressure Management {+ 4 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

$156,900.00 - $247,000.00

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:

03/19/2026

*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.