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Lilly Financial Analyst in Kinsale, Ireland

At Lilly, we unite caring with discovery to make life better for people around the world. We are a global healthcare leader headquartered in Indianapolis, Indiana. Our 35,000 employees around the world work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to our communities through philanthropy and volunteerism. We give our best effort to our work, and we put people first. We’re looking for people who are determined to make life better for people around the world.

The position is responsible for managing the costing and inventory accounting activities of Eli Lilly Ireland Holdings Limited (“Company”). The position requires working closely with Lilly’s global API/Drug substance Bulk manufacturing sites and European Drug Product manufacturing sites. The position reports to the Business Lead, located in Kinsale.

Key Objectives/Deliverables:

Cost Accounting

  • Perform product costing processes as part of the annual standard costing process

  • Assess when product standard costs need to be revalued in accordance with Lilly policy

  • Computation/Analysis of product standard costs, including:

  • Standard cost maintenance

  • Completion of annual standard cost revision process

  • Analysis of standard cost change drivers

  • Review of revaluation calculations

  • Forecasting of planned manufacturing performance variances (use yield, PPV, losses, etc.)

  • Participation in annual planning pack/ templates for submission to Lilly US

Inventory Management

  • Financial oversight for accuracy, existence and valuation of Company inventory

  • Monthly inventory & COPS reconciliations to general ledger

  • Review of inventory aging; slow moving and obsolete inventory oversight including developing action plan and follow-up

  • Calculation and review of inventory provision including liaising with Company management and supply chain personnel

  • Liaising with supply chain and European manufacturing sites to ensure proper control is exercised with regard to cycle counting, inventory reconciliation and obsolescence.

  • Manage controls and accounting for inventory returns (inwards & outwards)

  • Oversight of goods in transit/Invoices in transit monthly reconciliation and resolution of issues as they arise

  • Perform weekly monitoring of order costing process/transactions

  • Production order settlement review

  • Perform review and analyse production variances

  • Resolve iDocs errors as needed

  • Detailed understanding of financial and physical supply chains associated with toll manufacturing.

Reporting & Analysis

  • Participate in the budgeting of Company’s OPEX and comparison of planned vs actual OPEX

  • Examine GR/IR differences (including MR11 write offs)

  • Review and comment on differences between planned variances (use yield, PPV, losses, etc.) versus actuals

  • Ensure all manufacturing & inventory accounts are accurately stated at monthly/quarterly/year-end close

  • Monitor costing & inventory related general accounting processes carried out by Cork-based Global Business Services centre and outsourced accounting partner. Liaise with those teams to advise on accounting postings where necessary.

  • Assist in annual budgeting / business plan preparation

Intercompany Accounting & Customer Support

  • Oversee and ensure the correct accounting for all transactions in complex intercompany purchases/sales, stock movements and toll accounting processes

  • Maintain a detailed understanding of financial and physical supply chains associated with the above processes, including purpose, functionality and risk profile of each entity in the supply chain

  • Act as Subject Matter Expert for above processes - troubleshoot SAP issues where standard interface transactions fail/ other standard transaction process errors occur


  • Understand and follow all compliance policies, laws, regulations

  • Uphold a high quality of work which is efficient and effective while always maintaining a right first time approach


  • Support import/export customs and duties activities as needed

  • Continuous preparation & readiness for internal/external audit - including ongoing adherence to inventory controls

  • Complete ad hoc projects for Lilly US and local management as needed

Basic Requirements:

  • Qualified Accountant ACA/CIMA/CPA/ACCA with 3-5 years PQE

  • Strong knowledge of toll manufacturing processes in an MRP environment including Manufacturing and/or Cost Accounting experience

  • Strong organisational and documentation skills

  • A positive solutions-focused mind-set

  • Excellent interpersonal & communication skills

  • Ability to work in small team and communicate with non-financial management

The following skills and knowledge would be a distinct advantage:

  • Knowledge of US GAAP

  • Experience with SAP

  • Knowledge/Experience with working in a SOX control environment

Additional Preferences:

  • Strong interpersonal, relationship building and influencing skills; ability to manage pressure and conflicting demands

  • Ability to achieve result through people, directly and indirectly

  • Self-motivated, with a passion for continuous improvement and an ability to influence at all levels


This role may be offered as a permanent role, or as a fixed duration contract role

Eli Lilly and Company, Lilly USA, LLC and our wholly owned subsidiaries (collectively “Lilly”) are committed to help individuals with disabilities to participate in the workforce and ensure equal opportunity to compete for jobs. If you require an accommodation to submit a resume for positions at Lilly, please email Lilly Human Resources ( ) for further assistance. Please note This email address is intended for use only to request an accommodation as part of the application process. Any other correspondence will not receive a response.

Lilly does not discriminate on the basis of age, race, color, religion, gender, sexual orientation, gender identity, gender expression, national origin, protected veteran status, disability or any other legally protected status.