Product Costing Accountant

Merck Kgaa; Philippines; On-site; PHP 420,000 - 780,000; Full time

Job summary

Merck Kgaa is seeking a Product Costing Accountant in the Philippines to perform daily product costing, analyze variances, and support costing simulations. The role requires a Bachelor’s degree in finance or accounting and at least 4 years in costing or financial accounting.

Ideal candidates have SAP CO experience, strong MS Office skills, and are willing to work night shifts from the BGC/Taguig area at least twice a week.

Qualifications

• Bachelor’s degree in finance, accounting or related field.
• Solid knowledge of financial accounting and product costing (min 4 years).
• Experience with SAP CO Product Costing and manufacturing processes.

Responsibilities

• Perform daily product costing for new materials and ensure compliance with SLA/KPIs.
• Investigate and analyze standard cost variances as requested by local counterparts.
• Communicate costing errors to relevant parties and run costing simulations.
• Document annual costing activities and ensure timely marking and release of materials.
• Create and update work instructions and documentation; engage in audits and regression testing.

Skills

Costing analysis

Manufacturing knowledge

Stakeholder collaboration

Night shift willingness

Education

Bachelor’s degree in finance/accounting

Tools

SAP CO Product Costing

MS Office Tools

Material master data management

Job description

Product Costing Accountant

Company : Merck Kgaa

Job Type : Full Time Philippines

Job Description - Product Costing Accountant

Work Your Magic with us!

Ready to explore, break barriers, and discover more? We know you’ve got big plans – so do we! Our colleagues across the globe love innovating with science and technology to enrich people’s lives with our solutions in Healthcare, Life Science, and Electronics. Together, we dream big and are passionate about caring for our rich mix of people, customers, patients, and planet. That's why we are always looking for curious minds that see themselves imagining the unimaginable with us.

Your Role:

Product Costing Accountant responsibilities will include, but not limited to the following:

• Perform daily product costing for new materials and ensure compliance with SLA/KPIs
• Support in the investigation and analysis of standard cost variance as requested by local counterparts
• Communicate to relevant parties the errors encountered in the costing activities
• Run and document costing simulations
• Perform and document annual costing activities and ensure timely marking and releasing of materials
• Create and update work instructions and documentations
• Engage in ad-hoc activities such as internal and external audit, key user tasks and regression testing, etc.
• Practice continuous improvement mindset to contribute to process excellence initiatives
• Establish a collaborative working relationship with stakeholders

Who You Are:

• Bachelor’s degree holder in finance, accounting or any related field required
• Solid Financial accounting, Product Costing and Management accounting knowledge required – Minimum of 4 years experience
• Knowledge or hands‑on experience in manufacturing processes, product cost calculation and material master data
• Experience within a Shared Services Center preferred
• Experience in SAP CO Product Costing module
• Profound knowledge in MS Office Tools
• Willing to be based in BGC, Taguig at least 2 times a week
• Amenable to work on anight shift schedule

What we offer:

We are curious minds that come from a broad range of backgrounds, perspectives, and life experiences. We believe that this variety drives excellence and innovation, strengthening our ability to lead in science and technology. We are committed to creating access and opportunities for all to develop and grow at your own pace. Join us in building a culture of inclusion and belonging that impacts millions and empowers everyone to work their magic and champion human progress!