AbbVie Senior Cost Accountant in Barceloneta, Puerto Rico
Senior Cost Accountant
USA, Puerto Rico, Barceloneta
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.
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.
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.
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.
BBA - Major in Accounting, CPA or MBA preferred
An MBA/CPA license gives the incumbent a broader technical background.
Cost Accounting 3-5 years
Financial Analysis 1-2 years
Total combined minimum years of experience required 6 years
Equal Opportunity Employer Minorities/Women/Veterans/Disabled