Financial Analyst Cost Accounting

Merck Gruppe - MSD Sharp & Dohme; Haarlem; Hybrid; EUR 52,000 - 70,000; Full time

Benefits offered by this job

Competitive salary

35.5 vacation days per year

8% holiday allowance

3% year-end bonus

Pension plan

On-site restaurant

Job summary

Merck in Haarlem is seeking a Financial Analyst to join the COSI HH Finance team, overseeing end-to-end cost accounting, inventory analysis and monthly close processes for global branches.

The role emphasizes maintaining product costs under US GAAP, analyzing production variances and delivering timely financial data to management, with a hybrid work arrangement and a comprehensive benefits package.

Qualifications

• Bachelor’s or Master’s degree in finance, business, administration or economics.
• 2–3 years of relevant finance experience in manufacturing/production, analytics or cost accounting.
• Experience with SAP production analysis and US GAAP.
• Strong analytical and data-driven mindset; continuous improvement orientation.
• Fluent in written and spoken English.

Responsibilities

• Maintain and create product cost under US GAAP rules.
• Control, analyze, and report production results and variances.
• Review and ensure accurate data for monthly product cost and inventory close.
• Analyze standard revisions on a global level and ensure correct accounting.

Skills

Fluent English

Analytical mindset

Improvement mindset

Education

Bachelor’s/Master’s in finance/business/administration/economics

Tools

SAP

Job description

Job Description

Are you looking for an opportunity to grow your career and contribute to a greater cause? Join our innovative team at one of the largest industrial pharma companies in the Netherlands.

Location: Haarlem

Financial Analyst

Welcome in our team

Our COSI Human Health (HH) Finance team leverages sophisticated financial analysis, planning, accounting, reporting and performance evaluation techniques to propel medical innovation and enhance people's lives. As part of this role, you'll manage, review, report. Furthermore, you will analyze inventory, production, and product cost data and support monthly accounting close and management cycles for multiple branches across the world in the Cost of Sales & Inventory (COSI) matrix organization.

Our Support Functions deliver services and make recommendations about ways to enhance our workplace and the experience of working at our organization. The Support Functions include HR, Finance, Information Technology, Legal, Procurement, Administration, Facilities and Security.

Purpose of the role

This position is part of the COSI matrix organization, which performs end to end activities from actual occurrence of a financial result till consolidation level in HQ. As a Financial Analyst your main tasks will be maintaining, reviewing, reporting and analyzing inventory, production and product cost data and supporting the monthly accounting close and management cycles for multiple branches. For this role you will oversee and deliver end to end cost accounting, compliance, and finance support.

Tasks and responsibilities include but are not limited to

• Maintain and create product cost under US GAAP rules.
• Control, analyze, and report production results and variances.
• Review and ensure accurate data is reported for monthly product cost and inventory consolidation close.
• Analyze standard revision on a global level and ensure appropriate accounting is performed.
• Identify and work on initiatives to improve cost control and increase efficiency.
• Provide accurate and timely financial cost and inventory data to customers.
• Participate in special and ad hoc projects to support management analysis.

Your profile

• Bachelor's/Master's in finance/business/administration/economics.
• 2-3 years of relevant work experience in Finance, preferably in manufacturing/production, analytics or cost accounting.
• Experience with SAP production analysis and in preparing accounts in accordance with US GAAP.
• Improvement mindset.
• Fluency in written and spoken English.

What we Offer

Working at our organization means collaborating to improve health in an international environment alongside dedicated colleagues.

You will have every opportunity to develop yourself and show who you are. In addition, you can expect an attractive benefits package, including:

• Competitive salary
• 35.5 vacation days per year
• 8% holiday allowance and a 3% year-end bonus
• Excellent pension plan
• High-quality company restaurant offering fresh and healthy options every day
• On-site sports facilities with classes such as boxing, Zumba, and Pilates
• Excellent coffee prepared by a professional barista
• Game room with a pool table and table tennis table
• Contribution toward your personal gym or sports subscription
• Mental well-being support through Lyra Health for you and your family members
• Access to a dedicated prayer and meditation room

Required Skills:

Accounting Applications, Analytical Thinking, Cost Accounting, Cost Accounting Standards, Cost Controls, Data Analysis, Decision Making, Economics, Financial Analysis, Financial Modeling

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

Flexible Work Arrangements:

Hybrid

Job Posting End Date:

09/28/2026

Requisition ID:

R409346