Manager, Financial Accounting - Inventory Reserves at Elanco in greenfield, Indiana

Job Description:

At Elanco (NYSE: ELAN) – it all starts with animals!

As a global leader in animal health, we are dedicated to innovation and delivering products and services to prevent and treat disease in farm animals and pets. We’re driven by our vision of ‘Food and Companionship Enriching Life’ and our approach to sustainability – the Elanco Healthy Purpose™ – to advance the health of animals, people, the planet and our enterprise.

At Elanco, we pride ourselves on fostering a diverse and inclusive work environment. We believe that diversity is the driving force behind innovation, creativity, and overall business success. Here, you’ll be part of a company that values and champions new ways of thinking, work with dynamic individuals, and acquire new skills and experiences that will propel your career to new heights.

Making animals’ lives better makes life better – join our team today!

Your Role: Manager, Financial Accounting - Inventory Reserves

This position will be a key contributor to the Elanco Corporate Accounting and Reporting (ECAR) team and will assist with many aspects of the month-end closing process for the Consolidations Inventory reserves for Elanco Corporate. This includes participation in monthly consolidation activities, management of consolidation reserves, analysis of inventory, and assisting with process improvement and special projects. This position requires working with fellow ECAR team members, Manufacturing Finance (affiliate and corporate), Supply Chain and Operations, Financial Planning and Analysis (FP&A), shared services (Elanco Solutions Center, or ESC), Corporate Tax, Corporate Manufacturing, global affiliate controllers, and external auditors.

Your Responsibilities:

• Global Close Process Management: Act as a key team member in the global close process, focusing on Intercompany profit and Last-In, First-Out (LIFO) methodologies.




• Financial Consolidation: Perform corporate consolidation activities including Intercompany Profit journal entries to ensure accuracy and compliance.




• Variance Analysis and Correction: Analyze monthly SAP variances, facilitating corrections as necessary to maintain data integrity and financial accuracy.




• Data Management and Tool Oversight: Maintain and update master data tables for Intercompany Profit systems/tools, ensuring accuracy and functionality. Investigate exception messages and conduct data validation, collaborating cross-functionally for issue resolution.




• Process Improvement and Documentation: Participate in process improvement initiatives for the global close process, with a focus on inventory reporting enhancements and compliance with Elanco Global Accounting Policies. Create and maintain process documentation to ensure clarity and consistency.

What You Need to Succeed (minimum qualifications):

• Education: Bachelor's Degree in Accounting




• Required Experience: Minimum 3 years’ experience in Accounting function or public accounting practice with knowledge of US GAAP technical accounting




• Top Two Skills: An understanding of inventory, costing and operational transactions; manufacturing experience and understanding of Supply Chain Operations, and Inventory Management

What will give you a competitive edge (preferred qualifications):

• Detail-Oriented and Innovative: Demonstrated ability to work meticulously with transaction details, coupled with strong problem-solving skills and a creative approach to challenges.




• High-Quality Output: Proven track record of consistently delivering high-quality work under pressure.




• Self-Management and Adaptability: Strong self-management skills with a high capacity for learning and adapting to new situations.




• Interpersonal and Communication Skills: Excellent interpersonal skills with a customer-focused approach, complemented by strong communication and teamwork abilities.




• Technical Proficiency and Qualifications: Proficient in MS Excel and Word, with experience in ERP GL and ML modules; SAP familiarity preferred. CPA or Chartered Accountant qualification and fluency in English.

Additional Information

• Flexibility during peak closing periods - overtime is required during month-end closing, especially at year-end.




• Minimal travel




• Location: Global Elanco Headquarters - Greenfield, IN - Hybrid Work Environment

Don’t meet every single requirement? Studies have shown underrepresented groups are less likely to apply to jobs unless they meet every single qualification. At Elanco we are dedicated to building a diverse and inclusive work environment. If you think you might be a good fit for a role but don't necessarily meet every requirement, we encourage you to apply. You may be the right candidate for this role or other roles!

Elanco Benefits and Perks:

We offer a comprehensive benefits package focusing on financial, physical, and mental well-being while encouraging our employees to pursue our purpose! Some highlights include:

• Multiple relocation packages




• Two weeklong shutdowns (mid-summer and year-end) in the US (in addition to PTO)




• 8-week parental leave




• 9 Employee Resource Groups




• Annual bonus offering




• Flexible work arrangements




• Up to 6% 401K matching

Elanco is an EEO/Affirmative Action Employer and 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