Snr. Management Accountant

Abbott Laboratories; Cootehill; On-site; EUR 50,000 - 70,000; Full time

Job summary

A leading healthcare company seeks a Senior Management Accountant for an 18-month fixed-term contract in Cootehill. The role involves efficient month-end reporting, compliance with accounting practices, and financial support to various departments. Candidates should have substantial manufacturing experience and appropriate accountancy qualifications to thrive.

Qualifications

• 5 years of experience in the manufacturing industry.
• 3 years of experience in a cost accounting position.
• Third level relevant qualification in accountancy.

Responsibilities

• Ensure month end reporting is carried out efficiently.
• Provide financial support to other departments.
• Assist in internal and external audits.

Skills

Analytical skills

Problem-solving skills

Education

Accountancy qualification (ACA, ACCA, CIMA)

Job description

Snr Management Accountant - Fixed Term Contract

About Abbott

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

Abbott in Ireland

Abbott has been operating in Ireland since 1946 and serves the Irish market with a diverse range of healthcare products including diagnostics, diabetes care, medical devices and nutritional products. In Ireland, Abbott currently employs about 6,000 people across ten sites located in Dublin, Donegal, Clonmel, Cootehill, Galway, Kilkenny, Longford and Sligo.

Abbott Ireland Nutrition Division Cootehill Cavan

Abbott Nutrition produces a range of infant formulae in all pack sizes under the brand name “Similac”. To complement the range of “Similac” infant formulae, the facility also manufactures a range of follow on formulae under the brand name of “Gain”. The essential ingredient is liquid skim milk and this is combined with carbohydrate, vegetable oils, vitamins and minerals. The product is blended, pasteurised, dried and packaged at the site and once packaged, is distributed to Europe, South East Asia, the Middle East, Latin America and Canada.

Established in 1975, Abbott Nutrition in Ireland is the largest powder manufacturing facility for the production of infant formulae within the Abbott Corporation worldwide. Approximately 1,000 dairy farms in Ireland and Northern Ireland supply quality milk to the Cootehill facility which processes 500,000 litres per day. This secure supply together with Ireland’s reputation as a green, clean environment is of significant strategic importance to Abbott Nutrition.

Primary Function/Goals/Objectives

• The Management Accountant is responsible for consulting any SOP’s for any job task he/she may carry out and ensure they fully understand and adhere to the SOP.
• Housekeeping is a critical function of all jobs and the Management Accountant is expected to ensure all housekeeping activities in their work area are observed and carried out appropriately. It is important they are in adherence to the Housekeeping SOP.
• It is important thatGMPis a main priority in any operation carried out in this job function.
• Ensure month end reporting is carried out efficiently and as timely as possible.
• Ensureaccountingpractices are in compliance with Abbott Policy and regulatory policies.
• Provide financial support to other departments to assist in goal achievements.
• Monitor inventory accuracy/physical inventory/monthly cycle counts. Maintain and ensure activity-based analysis (ABC) forcycle countingis updated.
• Assist in internal andexternal audits/Sox.
• Manage and co-ordinate raw materials packing reports.
• Carry out other assignments/projects as directed by the Financial Controller.
• The job function will change where update procedures toGMP, EHS, Technical / New equipment, Quality procedures and SOP’s are made.
• Liaise with Hub/Shared servicesto ensure accuracy of tasks completed.
• Please note that this position is a 18 month Fixed Term Contract.

MAJOR RESPONSIBILITIES

• Analyse material usage for variances relating to Raw Materials, Powder and Packing materials.
• Work with operations teams to review usage variances and corrective actions to improve data accuracy as required.
• Participate in process improvement teams relating to material usage control and LEAN to drive greater data accuracy and reporting and reduce cost of production.
• Assist in preparing plans/LBE’s quarterly/yearly and load to external systems and tie out to local records.
• Ensure relevant monthlyreconciliationsare prepared and approved.
• Providefinancesupport to site in relation to projects, new products etc.
• Provide detailedBOM analysisfor new product launches.
• Provide full costing analysis for plant expansion opportunities or other RCEs for the site.
• Track cost changes and scenario differences throughout RCE approval cycle as requested.
• S&OP review and absorption projections for LBE’s.
• Ownershipof standard cost setting processes and calculation including milk and protein analysis, integration of overheads and development of monthly absorption for plan, and reconciliation to in batch system.
• Responsible for completion of SCOP, standard to standard and actual to actual analysis, product cost change analysis.
• FinanceRepresentative for Pier Process, Work withProject Managerson Trialcost estimates, recharging and tracking costs.
• FinanceRepresentative on NPI (New Product Intro) Team.
• Work with Operations and Technical Teams onestimatingcost improvementopportunities.
• Coordinate and provide data for Internal & External Auditors.
• Annual Physical Stock-take Co-ordination and Reconciliation for the Site and offsite warehouses.
• Month end analysis of OCNIS, Distressed Inventory, Overtime/Payroll, Tech Centre costs.
• Month end journals including MUV, CIP and transfer journal and others as required.
• Complete month end schedules such as CSO – Payroll, MBR, Overtime, CAR reporting.
• Prepare performance statements and conductvariance analysiswith controller. Load results to external systems.

EDUCATION AND COMPETENCIES REQUIRED

• Third level relevant qualification –Accountancyqualification required with ACA, ACCA, or CIMA designation.
• 5 years of experience in manufacturing industry.
• 3 years of experience in acost accountingposition.
• Excellentanalyticalandproblem-solving skillsrequired.

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