Finance Business Partner (Cost Accounting)

Chanelle Pharma Group Limited; Ireland; Hybrid; EUR 80,000 - 100,000; Full time

Job summary

A leading pharmaceutical company in Ireland is seeking a knowledgeable Finance Business Partner (Cost Accounting) to oversee key financial functions. This pivotal role involves managing cost accounting operations, conducting financial analysis, and collaborating with various departments to enhance operational efficiency. The ideal candidate will possess a strong background in cost accounting principles and a track record in financial management, along with outstanding analytical skills. A degree in Accounting or Finance and relevant certifications are essential.

Qualifications

• 5+ years of experience in cost accounting or financial analysis.
• Strong knowledge of standard costing and variance analysis.
• Ability to work under pressure and meet tight deadlines.

Responsibilities

• Oversee and manage cost accounting functions.
• Conduct detailed analysis of production costs and variances.
• Lead initiatives for cost reduction and efficiency improvements.

Skills

Cost accounting principles

Analytical skills

Problem-solving

Leadership

Education

Bachelor’s degree in Accounting or Finance

Qualified ACA/CPA, CIMA or ACCA

Tools

ERP systems

SAP

Oracle

Excel

Job description

Finance Business Partner (Cost Accounting)

Loughrea , Ireland Full Time Senior

The Finance Business Partner (Cost Accounting) is responsible for overseeing the management accounting function and team within Chanelle Pharma’s Finance department. This role involves analysing financial data, maintaining accurate cost information, ensuring effective cost control, and working closely with various departments such as production, supply chain and finance to support cost‑efficient operations. The Manager will also play a key role in financial planning, budgeting, and reporting, providing critical insights to improve profitability and operational efficiency.

Location: This role is based in our Loughrea facility and eligible for Hybrid Working (3 days onsite, 2 days remote after passing probation).

As a Finance Business Partner (Cost Accounting) you will be responsible for:

• Cost Accounting Management
  • Oversee and manage the cost accounting functions including standard costing, inventory valuation, and cost variance analysis.
  • Maintain and update the cost accounting system to ensure accurate and timely financial data for decision‑making.
  • Prepare monthly, quarterly, and annual cost reports for management review.
• Cost Analysis & Reporting
  • Conduct detailed analysis of production costs, overheads, and other cost drivers.
  • Provide management with timely reports on cost trends, product profitability, and operational performance.
  • Implement and monitor key performance indicators (KPIs) related to cost management and operational efficiency.
  • Analyse variances between budgeted and actual costs and identify key drivers of discrepancies.
  • Collaborate with department heads to monitor and control cost expenditures.
• Process Improvement
  • Identify opportunities for cost reduction, process improvements, and increased efficiency.
  • Lead initiatives to improve the cost accounting systems, reporting processes, and data accuracy.
  • Collaborate with IT and finance teams to automate and streamline cost accounting functions.
  • Manage and mentor the cost accounting team, providing guidance and development opportunities.
  • Foster a culture of continuous improvement, accountability, and collaboration.
  • Coordinate cross‑functional efforts to optimise cost management strategies across departments.
• Additional
  • Assist in the preparation of annual budgets, rolling forecasts, and long‑term financial plans.
  • Ensure accurate and efficient inventory valuation, including standard costs and actual costs of goods sold.

Education & Experience

• Bachelor’s degree in Accounting, Finance.
• Qualified ACA/CPA, CIMA or ACCA.
• 5+ years of experience in cost accounting or financial analysis and managing a team, preferably in a GMP manufacturing or production environment.
• Strong knowledge of cost accounting principles, including standard costing, activity‑based costing, and variance analysis.
• Proficient in financial management software (ERP systems, SAP, Oracle, etc.).
• Advanced Excel skills and familiarity with data analysis tools.
• Excellent analytical, problem‑solving, and communication skills.
• Strong attention to detail and accuracy.
• Ability to work under pressure and meet tight deadlines.
• Strategic thinking with the ability to translate data into actionable insights.
• Leadership and team management skills essential.
• Ability to deliver results through others.
• Ability to lead and work effectively with cross‑functional teams.

Applicants from diverse backgrounds, including those returning after a career break or with transferable skills from non‑traditional career paths, are encouraged to apply. We value varied experiences and are committed to fostering an inclusive environment that supports individuals with disabilities.

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