
Senior Cost Accountant
- Cork
- Permanent
- Full-time
- 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.
- Complete inventory costing activities for new inventory items, including working with business functions to identify costing requirements and aligning on timelines.
- 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.
- ACA/ACCA/CIMA/CPA qualification.
- Experience in a multi-national organization and inventory costing experience is required.
- Demonstrate experience in process improvement initiatives and working on own initiative.
- 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. Understanding of relationship of other accounting functions to manufacturing accounting. SAP experience is a distinct advantage.