Job Description
Job Summary
This position will join a centralized European cost accounting team located with West’s Financial Services team in Dublin, Ireland. You will be responsible for the accounting across multiple manufacturing sites including the preparation of journal entries and account reconciliations.
Essential Duties and Responsibilities
- Prepare journal entries related to manufacturing accounting and inventory reserves to support accurate & timely financial statements in accordance with US GAAP and corporate financial policies.
- Process manufacturing orders as part of the month-end close process.
- Participate in other monthly close activities for plants in area of responsibility.
- Prepare account reconciliations to ensure proper balance sheet valuation, flagging and accounting for potential risk.
- Calculate annual and ad hoc standard costing of products in SAP for assigned plant/s including reviewing and ensuring the update of BOMs, Routings, SKFs and Activity Rates.
- Monitor variances to standard cost and correct any erroneous postings.
- Margin variance analysis (including PPV, Production and Absorption variances) .
- Support the periodic cycle count process and reconcile 3rd party warehouses.
- Drive consistency and standardization of cost accounting in line with Corporate Policies.
- Finance leads for UAT testing of costing processes as required.
- Finance leads on process improvement projects related to costing of materials.
- Provide finance guidance aligned to the preparation of customer pricing simulations, financial analysis, and modelling.
- Ensure appropriate controls and compliance with US GAAP.
- Support and assist other functions within the business as required.
- Act in accordance with the company’s Guiding Principles and adherence to the corporate Code of Conduct.
- Compliance to all local site Environmental, Health and Safety regulations.
- Compliance to all local site company policies, procedures and corporate policies.
- Other duties as assigned.
Education
- Bachelor's Degree Bachelor's degree in Accounting or Finance or equivalent experience
Work Experience
- Minimum 5 years Candidate requires private industry experience in multinational manufacturing companies; experience in consolidation role preferred required
Preferred Knowledge, Skills and Abilities
- Accounting experience, preferable in a manufacturing environment using SAP or other ERP
- Understanding of GAAP and internal control principles
- High proficiency in Microsoft Excel
- Ability to be aware of all relevant standard operating procedures as per Company policy as they are related to the position covered by this Job Description
- Support and contribute to Lean Sigma programs and activities towards delivery of the set target.
- Ability to comply with the company’s safety policy at all times.
- Ability to comply with the company’s quality policy at all times.
- Strong analytical skills and ability to summarize conclusions and make recommendations to management.
- Ability to effectively prioritize and escalate issues.
License and Certifications
Accounting Qualification (CIMA, ACCA, ACA) preferred
Additional Requirements
- Position operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. May need to stand or sit for extended periods of time
- While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger and reach with hands and arms
- Use written and oral communication skills
- Read and interpret data, information and documents
- Must maintain the ability to work well with others in a variety of situations
- Must be able to multi-task, work under time constraints, tight deadlines, problem solve, and prioritize
- Ability to make work independently and sound decision making
- Observe and interpret situations, analyze and solve problems
- Able to be aware of all relevant SOPs as per Company policy as they are related to the position covered by this Job Description
