About Chanelle Pharma:
Chanelle Pharma is Ireland’s largest indigenous generic pharmaceutical manufacturer of both medical and veterinary products.
Serving customers in 96 countries worldwide, Chanelle Pharma is a partner of choice in the development and manufacturing of pharmaceutical products to the world’s leading human generic and animal health multinationals and distributors. We are passionate about understanding and addressing the challenges facing our medical and veterinary customers and bringing them innovative and effective products and solutions.
Building on over 35 years of research and development, with over 4,500 licenses registered worldwide, Chanelle Pharma is headquartered on an 18-acre campus in Loughrea, Co Galway, with three manufacturing facilities, four research and development laboratories and a fifth R&D laboratory in Jordan. The company employs 550 people in Ireland, UK, Jordan and India. At Chanelle Pharma our employees drive our success and you will have the opportunity to collaborate in our diverse and inclusive environment, the ability to learn and grow in your career, and an opportunity to make a direct impact on our business and customers.
Chanelle Pharma has a proven track record of innovation and makes a significant investment in R&D annually and has doubled its sales growth in the last 5 years.
In 2018, the company announced an €85 million investment, the single largest investment by any Irish owned company, to double manufacturing capacity, launch 96 new products and grow its workforce to 850 people over a period of 5 years. As part of the investment, Chanelle opened a purpose built €10 million manufacturing facility in 2018 for the company’s expansion plans into the US market. The facility received FDA approval in September 2019.
Chanelle Pharma is on an ambitious growth trajectory and expanding its workforce across a number of disciplines in science, engineering, quality, finance, sales and marketing. The company won 2018 Pharma Company of the Year and Industry Company of Year, the first indigenous Irish company to win the award.
This is an opportunity to be part of a dynamic team within the Finance function. We are looking for individuals who will support and drive Chanelle Pharma’s vision to be the most valued global provider of high quality, competitively priced pharmaceutical products and to provide excellent services and support to our customers.
In this role you will report into the Financial Planning & Reporting Controller.
- Assisting in the preparing of the monthly management accounts for the group including preparation of month end reports, reconciliations, and classifications of accounts
- Assisting with the closure of the month end ledgers on the ERP system
- Responsible for all trading and statutory entities
- Enforce the finance policies and procedures including but not limited to
- Account creation (GL Chart of Accounts)
- Account reconciliation
- Account classification
- Presentation and disclosure of transactions
- Dealing with statutory audit queries
- Ensuring a robust system of internal controls operates over all transactions
- Ensuring a comprehensive month end file is prepared and reviewed to support all balances held at the reporting date including detailed schedules for accruals, provisions, and prepayments
- Ensuring overheads are accounted for in line with policies and procedures and allocated on a fair and justifiable basis
- Ensuring a full matrix is maintained of intercompany balances, ensuring intercompany balances are agreed, confirmed, and reconciled monthly
- Assist in the submission of monthly VAT returns across all jurisdictions
- Assist in the submission of CSO and Regulatory authority returns
- Assisting with ensuring all profit and loss account entries and Balance Sheet entries and accounts are posted correctly and reconciled monthly.
- Assisting with posting monthly payroll costs and payroll allocations across the group
- Coordinating with other finance functions to ensure all transactions and balance sheet balances are appropriately supported, in line with accounting standards and group policies
- Ensuring all balance sheet accounts are appropriately reconciled on a timely basis and that these reconciliations are appropriately reviewed
- Providing input on the company forecast and on the annual budget processes
- Reporting monthly on anomalies and specific aspects that need to be brought to the attention of management
- Constantly highlighting areas for improvement and leading initiatives to deliver those improvements
- Making recommendations to management on the correct accounting treatment for transactions
- Ensuring Revenue/HMRC compliance of transactions to minimise the risk of audits and exposure to fines/penalties
- Working cross functionally to deliver streamlining initiatives for the finance function
- Adhoc analysis and tasks as required by Management
- Ensure there is no manual circumvention of controls, that the Delegation of Authority is followed and that any instances of non-compliance are investigated, and loopholes closed off
- Provide training and constant feedback to other business users as to the correct procedures to be followed
- Actively identify opportunities to streamline the workflow process and reduce the administrative burden
- Ensure all transactions are accounted for in line with FRS102
- Organisational skills, personal efficiency, time management skills and the ability to prioritise competing demands are key communication skills
- Ability to work well within a team and manage diverse personalities and viewpoints
- Ability to build relationships and collaborate with others is vital
- Strategic decision-making within the business as an influencer
- Demonstrate and lead on the values, initiatives, and culture of an organisation
- A strong working knowledge of best practice processes, change management implementation, coaching and mentoring
- Demonstrated ability in prioritising key initiatives, driving growth and setting targets and KPIs to monitor the performance
- Positive and proactive person who is energised by having great responsibility
- Practical, action-orientated approach to managing priorities and teams
- Relevant 3rd level qualification, preferably at Degree level
- Qualified Accountant (ACA, ACCA, CIMA)
- At least three (3) years + relevant industry experience, ideally pharmaceutical/healthcare experience in a multi-currency, multi-company environment would be an advantage
- Excellent written and communication skills
- Strong computer skills in MS Office