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Inventory Accounting Manager

Location: Dublin City Centre, Dublin
Salary: Negotiable
Posted: 4 months ago
Role type: Permanent
Industry: Financial Leaders & Executives
Contact name: Paul Lanigan
Contact email: paul.lanigan@hrmrecruit.com

Job description

Our client is a global leader and highly regarded business within the pharmaceutical sector based out of Dublin. They are hugely progressive and fast growing in an exciting sector in the Irish market and are looking for a strong Inventory Accounting Manager to join their business on a permanent basis to support their ongoing growth and development of global inventory out of the Dublin office.

The Role

This Inventory Accounting Manager will be sitting in the corporate global headquarters based in central Dublin, reporting to the Associate Director of Inventory Management. In this role, you will be responsible for supporting the centralised oversight and accountability for inventory flowing through the organisation, including the execution of monthly close accounting, analysis, inventory reconciliation and controlling procedures for inventory. This would suit a strong finance business partner and will require heavy collaboration and communication skills as it will be a key link between Supply Operations and business unit finance and commercial leaders.

This exciting Inventory Accounting Manager will be responsible specifically for:

  • Participating in monthly operations reviews including providing financial data and commentary for monthly analysis related to key financial metrics
  • Critically evaluating processes, implementing new/revised processes and procedures to help improve the organisation
  • Inventory analysis for consolidated inventory
  • Finance representation on cross functional project initiatives throughout the organisation
  • Supporting the annual development of standard costs for the global business
  • Forecasting inventory-related portion of working capital
  • Forecasting and communication of PPV/Production variance and inventory reserves impacts to the business
  • Managing month-end financial close process for inventory and related items, including preparation of journal entries, account reconciliations and ensuring that financial statements are in compliance with US GAAP
  • Assessment and management of Purchase Price Variances
  • Responsible for collaborating with business units to ensure financial entries related to inventory valuation are correctly recorded
  • Oversight of inventory reconciliations with external and internal CMOs
  • Responsible for oversight and execution of all Inventory-related SOX controls
  • Recording all supply-related royalty payments to partners
  • Driving the transfer of all inventory reserve calculations to the Inventory team and managing these entries on an ongoing basis
  • Strong business partnering, communication, and collaboration required to identify and convey pertinent information between Supply Operations and Business Unit Finance stakeholders

The Person

In order to be considered for this exciting Inventory Accounting Manager, you will be a qualified accountant (ACA, ACCA or CIMA) with extensive experience in inventory and cost accounting, and broad working knowledge of accurate and timely Financial Reporting from a Blue-Chip environment.

Specific requirements for the successful candidate would include:

  • You will be qualified (ACA, ACCA, CIMA) and have approx. 5+ years' of specific experience focussed on inventory Accounting and Cost Accounting
  • You would ideally have a depth of experience from within the pharmaceutical, medical devices or FMCG sector
  • Experience in financial reporting and in particular sound working knowledge of US GAAP and SOX compliance
  • Advance working knowledge of SAP and/or JD Edwards, or one of the other mainstream ERP systems
  • You will have excellent communications skills and evidence of co-ordinating multiple stakeholders to achieve results
  • Strong business partnering experience across multiple regions
  • Must be able to deal with ambiguity and handle multiple tasks/priorities

The Benefits

  • Progressive Inventory & Cost Accounting Manager permanent role in a leading multinational based out of central Dublin
  • Huge potential to build and develop your career in a blue-chip environment
  • Very competitive remuneration package and benefits
  • Opportunity to influence and support the ongoing development of the function in a globally focussed role

To discover more about this opportunity, apply now or contact Paul Lanigan at HRM on +353 1 632 1826 for a confidential discussion.

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Paul Lanigan

Director - Contracting & Accountancy

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