Snr. Management Accountant

Overview
Abbott is a global healthcare leader that helps people live more fully at all stages of life.
Our portfolio includes diagnostics, medical devices, nutritionals and branded generic medicines.
Our 114,000 colleagues serve people in more than 160 countries.
This role is with Abbott Ireland and its Nutrition Division in Cootehill, County Cavan, a facility focused on the production of infant formula under the brands Similac and Gain.
Primary Function/Goals/Objectives
The Management Accountant is responsible for consulting any SOPs for any job task they may carry out and ensure they fully understand and adhere to the SOP.
Housekeeping is a critical function of all jobs; the Management Accountant is expected to ensure housekeeping activities in their work area are observed and carried out appropriately in adherence to the Housekeeping SOP.
GMP (Good Manufacturing Practice) is a main priority in operations for this role.
Ensure month end reporting is carried out efficiently and in a timely manner.
Ensure accounting practices comply with Abbott Policy and regulatory policies.
Provide financial support to other departments to assist in goal achievement.
Monitor inventory accuracy, physical inventory, and monthly cycle counts; maintain an activity-based analysis (ABC) for cycle counting updates.
Assist in internal and external audits/SOX.
Manage and coordinate raw materials packing reports.
Carry out other assignments/projects as directed by the Financial Controller.
Update procedures to GMP, EHS, Technical/New equipment, Quality procedures and SOPs as needed; liaison with Hub/Shared services to ensure task accuracy.
This position is an 18 month Fixed Term Contract.
Major Responsibilities
Analyse material usage variances relating to Raw Materials, Powder and Packing materials.
Work with operations teams to review usage variances and corrective actions to improve data accuracy.
Participate in process improvement teams relating to material usage control and LEAN to drive data accuracy, reporting and cost reduction.
Assist in preparing plans/LBE's quarterly/yearly and load to external systems, ensuring reconciliation to local records.
Ensure relevant monthly reconciliations are prepared and approved.
Provide finance support to site for projects, new products, etc.
Provide detailed BOM analysis for new product launches.
Provide full costing analysis for plant expansion opportunities or other RCEs for the site.
Track cost changes and scenario differences throughout the RCE approval cycle as requested.
S&OP review and absorption projections for LBE's.
Own standard cost setting processes and calculations, including milk and protein analyses, overhead integration and monthly absorption reconciliation.
Complete SCOP, standard-to-standard and actual-to-actual analyses and product cost change analyses.
Finance representative for Pier Process; work with Project Managers on trial cost estimates, recharging and tracking costs.
Finance representative on NPI (New Product Introduction) Team.
Collaborate with Operations and Technical Teams on estimating cost improvement opportunities.
Coordinate and provide data for internal and external auditors.
Coordinate annual physical stock-take and reconciliation for the site and offsite warehouses.
Month end analysis of OCNIS, Distressed Inventory, Overtime/Payroll, and Tech Centre costs.
Prepare month end journals including MUV, CIP and transfer journals, among others as required.
Prepare month end schedules such as CSO – Payroll, MBR, Overtime, and CAR reporting.
Prepare performance statements and conduct variance analysis with the controller; load results to external systems.
Education And Competencies Required
Third level relevant qualification – Accountancy qualification required with ACA, ACCA, or CIMA designation.
5 years of experience in manufacturing industry.
3 years of experience in a cost accounting position.
Excellent analytical and problem-solving skills.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Accounting/Auditing and Finance
Industries
Accounting
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