Manager, Cost Accounting

Location:  Cork, Ireland Category: Accounting Employment Category: Fulltime-Temporary

Description

Manager Cost Accounting - Shanbally, Ringaskiddy, Cork 

12 Month Contract

Hybrid role (2-3 days per week onsite)

 

Closing Date: Thursday 16th January 2025

 

SUMMARY DESCRIPTION

 

BioMarin is seeking a highly motivated Cost Accounting Manager to join our Technical Operations (TOPS) Finance team.  The Cost Accounting Manager will be part of the Consolidated Reporting team within the TOPS Finance organization.  This team has global responsibility for TOPS reporting as well as inventory costing, excess & obsolescence, SOX compliance, USGAAP audits, intercompany profit elimination, global gross margin review and balance sheet reconciliations. 

This position will be a key member of a cross-functional team, collaborating extensively with regional and global finance colleagues and a broad range of business partners.  This role will be an active participant in key areas across all pillars of the TOPS Finance organization including leading and mentoring team members.


RESPONSIBILITIES

  • Lead team in maintaining internal controls for inventory accounting, in line with corporate policy, US GAAP and SOX requirements. Responsible for all aspects of SOX, internal and external audits for inventory for EMEA entities.
  • Provide oversight and review of all month-end close activities and deliverables, including journal review and approval, subledger close activities and balance sheet reconciliations in accordance with US GAAP.
  • Responsible for accurate inventory balances and correct treatment of commercial and clinical inventory, assessment of excess & obsolescence and elimination of profit in inventory.
  • Play a leading role in the planning, coordination and execution of the annual Standard Cost setting process.
  • Develop an understanding of material flow from bulk manufacturing through to fill/finish and Finished Goods packaging to ensure accurate inventory costing for each stage of the manufacturing process through to COGS recognition.
  • Review work order accounting and variance accounting, including manufacturing and purchase price variance investigations, analysis and reporting.
  • Build key relationships across TOPS organisation to provide COGS look ahead based on current assumptions and ensure timely communication of any risks to gross margin forecast.
  • Review intercompany and affiliate sales, ensuring correct treatment of intercompany profit. Oversee inventory and COGS treatment for all Buy/Sell entities.
  • Responsible for meeting monthly and quarterly deadlines to ensure hand-offs to other finance functions including SEC reporting, Controller reviews and TOPS business partner reviews.
  • Assist with preparation of consolidated financial management reporting for TOPS for balance sheet and P&L areas. Support budget and LRP activities as required.
  • Establish key working relationships with corporate colleagues, particularly Tax, FP&A, GL, and ERP support teams.
  • Lead local and global projects and initiatives within TOPS Finance. Engage in continuous improvement initiatives to drive process efficiencies and participate in transformation projects.  Identify process automation opportunities to eliminate non-value add activities.
  • Opportunity to participate in implementation of SAP S/4 HANA and development of Cost Accounting team processes.


EDUCATION

  • ACA/ACCA/CIMA/CPA qualification.

 

 

EXPERIENCE

  • Experience in manufacturing business with audited financial statements, Standard Costing and use of SAP S/4 HANA is essential. 
  • Demonstrate experience in leading and implementing process improvement initiatives.
  • Experience of US GAAP, Sarbanes Oxley and internal control environment essential.
  • Demonstrate cross-functional collaboration across finance and business functions to resolve business and finance critical issues.