Cost and Management Accountant My client, a Galway-based multinational pharmaceutical business, is seeking to hire a Cost and Management Accountant with Business Support to join their finance team. This is a permanent role which will adopt a hybrid model after an initial setting in period.
This role requires a blend of financial acumen, analytical skills, and the ability to communicate effectively with stakeholders across various levels of the organization. The ideal candidate will be detail-oriented, proactive in identifying opportunities for improvement, and capable of working in a dynamic environment.
RESPONSIBILITIES: General Responsibilities: Provide support and mentoring to the team.Lead process improvement initiatives to enhance efficiency and accuracy.Set Key Performance Indicators (KPIs) related to cost management and inventory.Conduct monthly one-on-one meetings with team members to provide guidance and feedback.Support the budgeting process by providing cost-related insights and data.Coordinate annual audits to ensure compliance and accuracy in financial reporting.Commercial and Senior Leadership Team (SLT) Support: Conduct costings, analysis, and provide ad hoc reporting to support commercial decisions and strategic planning.Provide pipeline support by preparing preliminary costings for new projects and molecules.Develop costings for contract and third-party manufacturing, providing guidance and advice to stakeholders.Standard Costing Accuracy and Rebuild: Monitor, review, and challenge changes or movements in cost drivers.Perform periodic full standard cost rebuilds.Conduct interim standard cost rebuilds as needed due to specific changes such as new products, process improvements, or equipment upgrades.Calculate direct labour and overhead rates.Review and allocate overhead costs, evaluating the methodology used.Analyse actual labour and overhead costs against standard rates and assess recovery rates.Inventory Reporting and Management: Assist the team in reporting and managing work-in-progress (WIP) and finished manufacturing product inventory.Identify and address stock aging issues, driving process improvements where necessary.Monitor movements in material supplier pricing.REQUIRED QUALIFICATIONS: Bachelor's degree and accounting or finance experience.Qualified ACA/CPA, CIMA or ACCA with post qualification experience - 5+ years PQE.Adaptable/Flexible: being open to change in response to new information, different or unexpected circumstances, and/or to work in ambiguous situations.Works collaboratively, respects individuals and cultures.Strong oral and written communication skills. Demonstrated ability to analyse and resolve problems. Ability to document, plan, market, and execute programs. Established project management skills.For more information, please contact ******
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