Yes. You can stop a subscription by turning off automatic renewal in the Play Store app. See How do I stop or change my subscription below.
Cancel a subscription

1. Open the Google Play Store
2. Tap the Menu > Account > Subscriptions.
3. Find the subscription you want to cancel.
4. Tap Cancel.

Important: Uninstalling an app will not automatically stop your subscription. You must cancel your subscription to end your subscription term. If you uninstall the app without canceling your subscription, you will still be charged.

Access after you cancel
When you cancel a subscription you will still have access to your subscription for the remainder of time you have already paid for.