Senior Cost Accountant

About AbbVie
AbbVie's mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology, women's health and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com . Follow @abbvie on Twitter , Facebook , Instagram , YouTube and LinkedIn .

Provide the plant full accountability or raw materials, commodities, and work-in-process inventory transactions, reconciliation of books inventory values with perpetual inventory records, accurate reporting of efficiency operation variances, and cost reductions.

Major Responsibilities:

• Assist local management in the financial analysis, cost projections, and explanation of efficiency and speeding variances from predetermined manufacturing standards or departmental budgets.
• Responsible for the work-in process inventory transactions data integrity, including and not limited to stage yield reporting, and actual direct labor and equipment running hours.
• Maintain work-in-process inventory suspense accounts balance and corresponding itemized reconciliation below 5% of gross investment in said inventory.
• Responsible for the preparation, publication, and distribution of monthly plant wide inventories reconciliation with perpetual inventory records.
• Maintain a parameter Lotus file on the basis of incremental cost broken down by major cost elements (D.V.A.C.) covering all list number currently being manufactured, to be used in quick/accurate throughput projections.
• Responsible for the codification of S.R.V. to product structures covering cost reductions or methods revision.
• Responsible for the maintenance, development, calculation and establishment of manufacturing standards cost by production center and by list number.
• Direct Manufacturing/cost accounting complying with corporate policies, GAAP and SEC. Ensure monthly/yearly results are prepared timely and accurately.
• Maintains a manufacturing cost system to provide accurate and timely quantitative data relative to progress against budgets and standards, and to enable appropriate inventory valuation in accordance with established policies and guidelines.
• Supervision and assistance to the general accounting group in the compilation and integrity of financial data including gathering, approvals, processing and auditing of accounting transactions.
• Assist the accounting staff in the development of annual operating plans and periodic updates.
• Supervision and assistance to the general accounting group in the preparation of monthly flash, M.F.R.P. and finance statements packaged.
• Develop and prepare yearly Financial Plan, Update, Long Range Plans and Montly LBEs.
• Maintains a manufacturing cost system to provide accurate and timely quantitative data relative to progress against budgets and standards, and to enable appropriate inventory valuation in accordance with established policies and guidelines.
• Supervision and assistance to the general accounting group in the compilation and integrity of financial data including gathering, approvals, processing and auditing of accounting transactions.
• Assist the accounting staff in the development of annual operating plans and periodic updates.
• Supervision and assistance to the general accounting group in the preparation of monthly flash, M.F.R.P. and finance statements packaged.
• Develop and prepare yearly Financial Plan, Update, Long Range Plans and Montly LBEs.
• Direct in coordination with the Plant Controller, all the functions and activities associated with the managerial cost accounting section, such as budget preparation, standard cost generation, manufacturing product costing, manufacturing variance (Yield, material and overhead, etc.) analysis, inventory reconciliations, forecasting and projections, etc. for PR Area.
• In coordination with the Plant Controller, participate in a through training program over subordinates and EPDPs aiming to maintain a stable and competent accounting staff.

Qualifications

• BBA - Major in Accounting, CAP or MBA preferred
• An MBA/CAP license gives the incumbent a broader technical background.

Important: Knowledge in computer system is critical. Must have excel and SAP experience.

• Experience Requirements:
• Cost Accounting Experience 3 to 5 years
• Financial Analyst Experience 1 to 2 years
• Total combined minimum years of experience required 5 to 8 years

Significant Work Activities
Continuous standing for prolonged periods (more than 2 consecutive hours in an 8 hour day)
N/A
Continuous walking for prolonged periods (more than 2 hours at a time in an 8 hour day)
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)
Travel
No
Job Type
Experienced
Schedule
Full-time
Job Level Code
IC
Equal Employment Opportunity
At AbbVie, we value bringing together individuals from diverse backgrounds to develop new and innovative solutions for patients. As an equal opportunity employer we do not discriminate on the basis of race, color, religion, national origin, age, sex (including pregnancy), physical or mental disability, medical condition, genetic information gender identity or expression, sexual orientation, marital status, protected veteran status, or any other legally protected characteristic.