Summary:
Our client, a biopharmaceutical company located in Cork, is seeking a
Senior Cost Accountant
to join their team. The team that the successful candidate will join has global responsibility for TOPS (Technical Operations and Product Supply) reporting including inventory costing, excess & obsolescence, SOX compliance, US GAAP audits, intercompany profit elimination and balance sheet reconciliations. The ideal candidate will be part of a team responsible for global manufacturing and supply chain finance operations for products throughout multiple stages of production and distribution, and will be a key member of a cross-functional accounting team, collaborating extensively with regional and global finance teams and technical operations teams.
Responsibilities:
* Month-end close responsibilities include appropriate treatment of operating overhead, balance sheet reconciliations in accordance with US GAAP and submission of close deliverables.
* Accounting for manufacturing activity including material purchases, overhead absorption and contract manufacturing costs.
* Ensure correct accounting for Buy/Sell entities and all intercompany inventory transactions, including calculating and recording Profit in Inventory (PII) eliminations.
* Develop an understanding of material flow from bulk manufacturing through to fill/finish stage to ensure accuracy of inventory values.
* Monitor production plans for bulk manufacturing and CMO activity to ensure accurate inventory valuation and completeness of overhead absorption.
* Conduct data mining and analysis, interpreting and communicating information to relevant stakeholders in a meaningful and actionable way.
* Evaluate inventory balances for excess and obsolescence and determine need for inventory reserves.
* Review and analyse inventory variances on a monthly basis and work with business functions to understand drivers.
* Participate in the annual standard cost setting process.
* Assist with preparation of consolidated financial management reporting for TOPS for balance sheet and P&L inventory areas.
* Review and maintain cycle counts and initiate action on any discrepancies.
* Work closely with CMO, supply chain and manufacturing departments to ensure inventory accuracy at all locations.
* Maintain internal controls in line with corporate standards, GAAP and Sarbanes Oxley requirements.
* Work with internal and external auditors as required.
* Establish relationships with Corporate & Regional Finance teams to ensure all reporting requirements are performed timely and accurately.
* Represent TOPS Finance in local and global projects and initiatives.
* Engage in continuous improvement initiatives to drive process efficiencies and participate in transformation projects as required.
* Collaborate with ERP and global finance teams to identify and introduce process enhancements to improve efficiency.
* Interact and collaborate effectively within workgroup and area of expertise.
* Participate effectively on cross-functional teams, offering views and actively solicits ideas from others in seeking sound business solutions.
* Encourage others in fostering effective teamwork.
* Demonstrate very strong customer service orientation.
Qualifications & Experience:
* ACA/ACCA/CIMA/CPA qualification.
* Experience in a multi-national organization is required and costing experience highly desirable.
* Knowledge of US GAAP, Sarbanes Oxley and internal control environment desirable.
* Experience with an integrated ERP system, general ledger functions, sub-ledger processes, and period closing. Oracle and/or SAP experience is a distinct advantage.
* Understanding of relationship of other accounting functions to manufacturing accounting.