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 113,000 colleagues serve people in more than 160 countries.
Abbott serves the Irish market with a diverse range of healthcare products including diagnostics, medical devices, and nutritionals. In Ireland, Abbott employs over 5,000 people across nine sites. We have six manufacturing facilities located in Clonmel, Cootehill, Donegal, Longford, and Sligo, and a third-party manufacturing management operation in Sligo. Abbott has commercial, support operations, and shared services in Dublin and Galway. We have been operating in Ireland since 1946.
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, which is combined with carbohydrate, vegetable oils, vitamins, and minerals. The product is blended, pasteurized, dried, and packaged at the site and once packaged, is distributed to Europe, Southeast 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.
We currently have a vacancy for a Management Accountant, and this role will involve the following:
Primary Function Completion of month-end reporting in line with site requirements and ensuring all 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 coordinate raw materials packing reports.Carry out other assignments/projects as directed by the Financial Controller.Key Responsibilities Analyze 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 detailed BOM analysis for new product launches and full costing analysis for plant expansion opportunities or other RCEs for the site.Track cost changes and scenario differences throughout the RCE approval cycle as requested.Responsible for standard cost setting processes and calculation including milk and protein analysis, integration of overheads, and development of monthly absorption for the plan, and reconciliation to the batch system.Responsible for reviewing and completing the SCOP, standard to standard and actual to actual analysis, product cost change, and absorption projections for LBE's.Finance Representative for Pier Process, work with Project Managers on trial cost estimates, recharging, and tracking costs.Work with Operations and Technical Teams on estimating cost improvement opportunities.Annual Physical Stock-take Coordination and Reconciliation for the Site and offsite warehouses.Month-end analysis of OCNIS, Distressed Inventory, Overtime/Payroll, Tech Centre costs along with month-end journals including MUV, CIP, and transfer journal and others as required.Prepare performance statements and conduct variance analysis with the controller. Load results to external systems.Education & Experience You will have a third-level relevant qualification – Accountancy qualification required with ACA, ACCA, or CIMA designation with 5 years of experience in the manufacturing industry, including 3 years of experience in a cost accounting position.
Excellent analytical and problem-solving skills are required for this role.
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