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. Please note any offer of employment for this position is conditional upon the successful completion of a pre-employment medical examination, including drug and alcohol screening, conducted by a medical

practitioner designated by the Company

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 that GMP is 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.
Ensure accounting practices 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) for cycle counting is updated.
Assist in internal and external 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 to GMP, EHS, Technical / New equipment, Quality procedures and SOP’s are made.
Liaise with Hub/Shared services to 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 monthly reconciliations are prepared and approved.
Provide finance support to site in relation to 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 RCE approval cycle as requested.
S&OP review and absorption projections for LBE’s.
Ownership of 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.
Finance Representative for Pier Process, Work with Project Managers on Trial cost estimates, recharging and tracking costs.
Finance Representative on NPI (New Product Intro) Team.
Work with Operations and Technical Teams on estimating cost improvement opportunities.
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 conduct variance analysis with 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 required.

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Snr. Management Accountant

Job Description