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Financial Accountant

Date: 25-Nov-2022

Location: Kilkenny, KK, IE

Company: Glanbia


Financial Accountant A&R Team


Rooted in our rich heritage of family farming and embedded in our communities, Glanbia Ireland has evolved to bring the passion of our farmers and their high-quality ingredients to the world. Using modern-day technology and applying the best processes to our milk pool of three billion litres and our outstanding grains portfolio, we export innovative products and tailored ingredient solutions to more than 100 countries. We nurture a talented team of over 2,000 people to manage our network of 11 processing plants and 52 agri branches, serving our communities and delivering annual revenues of around €2 billion.


Glanbia Ireland owns leading consumer and agri brands such as Avonmore, Kilmeaden Cheese, Millac, Truly Grass Fed, Premier Milk, Wexford,,, and GAIN Animal Nutrition. 

We are currently recruiting two qualified financial accountants on a temporary basis, to join a dynamic team within Glanbia Ireland. These roles will report to the Central Accounting and Reporting Manager and will focus on Balance Sheet controls, planning and reporting, cashflow forecasting & responsibility for the valuation and control monitoring of inventory. The successful candidates will work within a busy team to safeguard the accuracy and integrity of the reported financial information and gain invaluable experience and knowledge within a large and complex business


Key Responsibilities;

  • Reporting of monthly actual and plan data across the business division.
  • Consolidation of monthly actual & plan P&Ls, Balance Sheets, Cashflows and further supplementary data for the business division via the group consolidation platform.
  • Variance Analysis (actual vs. plan) of working capital and provision of commercial explanations and recommendations as applicable.
  • Financial accounting across a range of company codes, including foreign exchange, hedging, tax, provisions, investments, reserves and pension.
  • Preparation of monthly balance sheet reconciliations.
  • Compiling monthly cash forecasts to assess business borrowing requirements.
  • Risk assessment and monitoring of balance sheet control environment.
  • Development of forecast/budget Balance Sheet and Cash Flows for a number of company codes within the Glanbia business division, based on identifiable assumptions and ensuring accurate funding, working capital and debt levels are projected.
  • Advocate for adherence to the Group Policy manual and procedures and keep informed of updates to ensure ongoing compliance of ledgers under their control.
  • Update of finance master data for their respective company codes as and when required.
  • Set standards for monitoring the accounting and control for areas of the business and manage rollout.
  • Liaise with both internal and external auditors as required.
  • Input into schedules required for statutory reporting and tax compliance.
  • Gain a thorough understanding of the sap inventory module including new system being rolled out in Q4 2022.
  • Work with manager to operate the monthly inventory valuation process.
  • Assessing accuracy of packing and ingredient usage cost, investigating variances and resolving as part of the month-end reporting cycle.
  • Continuous review of all inventory related finance models and valuation process in order to ensure accuracy and relevance to changing processes on the ground.
  • Support the preparation of gross margin variance analysis reports, with particular focus on revenue and cost of goods sold – a key requirement to understanding business performance.
  • Assist with the development of a methodology for the detailed analysis cost of goods sold variances verses plan.
  • On-going communications with Operations and Supply Chain to ensure timely and accurate recording of inventory.
  • Assessment of inventory obsolescence and ensuring this is correctly accounted for (finished goods, packing and engineering).
  • Work with Accounting & Reporting peers to drive process improvement, reporting capability development, finance automation and assigned projects / objectives.
  • Collaboration with and support of team members in delivery of tasks. Work with wider A&R team, wider Finance team, Shared Services, Group Finance and Glanbia Business Services.
  • Other ad hoc duties/responsibilities as they arise.


Key competencies:

  • Experience in a large multinational company environment would be an advantage
  • Curiosity to learn, improve and challenge processes
  • Attention to detail
  • Process driven individual with ability to identify and implement streamlining opportunities in a continuous improvement environment
  • Operational acumen
  • Collaboration skills 


Key Requirements:

  • Performance & results driven approach
  • Degree qualified with professional accounting qualification – a minimum of 5 years PQE required
  • Experience of ERP systems, SAP & Data Warehousing platforms and report design would be an advantage
  • Advanced knowledge & proficiency in the use of Microsoft Excel would be an advantage to build and maintain detailed models.
  • Excellent analytical and problem-solving skills
  • Excellent reporting & presentation skills


If you are interested in this position, please apply with an up to date resume.


Commitment to Diversity & Inclusion:
Glanbia Ireland embraces diversity, equal opportunity and inclusion. We are committed to building diverse teams where different perspectives drive innovation and growth. We strive to create an inclusive workplace where people can bring their true self to work and achieve their full potential.


Join our Talent Pool: 

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Glanbia Ireland is a Values Based Organisation -

At Glanbia, we celebrate diversity, because we know that our individual strengths make us stronger together. We welcome and encourage interest from a wide variety of candidates, and we will give your application consideration, without regard to race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, or disability status. 


At Glanbia our culture will celebrate individuality, knowing that together we are more.