Financial Accounting Manager (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:

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 Business Solutions, or EBS), Corporate Tax, Corporate Manufacturing, global affiliate controllers, and external auditors.
 
Your Responsibilities:

• Act as a key team member in the global close process for Intercompany profit and LIFO.


• Perform corporate consolidation Intercompany Profit journal entries.


• Analyze monthly SAP variances and facilitate corrections, as needed.


• Maintain and update Intercompany Profit system/tool master data tables.


• Investigate exception messages and complete data validation for the tool, including remediation of all issues using cross functional support as needed.


• Prepare monthly-close SOx deliverables, including audit and quality checks.


• Troubleshoot accounting and operational issues with affiliates and other corporate functions.


• Prepare monthly and quarterly analysis of inventory and intercompany profit reserve.


• Participate in the ongoing process improvement of global close process, identifying opportunities for streamlining and improving processes, inclusive of but not limited to improved inventory reporting.


• Partner with Manufacturing Finance on improved inventory reporting, as well as enhancing the understanding of the accounting impact for inventory activity.


• Create and maintain process documentation.


• Identify ways to leverage technology tools to improve existing processes.


• Assist in assuring compliance with Elanco Global Accounting Policies and Practices.


• Assist with other special project work including changes in accounting and consolidations activities.

What you need to succeed (minimum qualifications):

• 
  Education: Bachelor's Degree in Accounting or relevant degree.


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


• An understanding of inventory, costing and operational transactions.


• Qualified candidates must be legally authorized to be employed in the United States. Elanco does not anticipate providing sponsorship for employment visa status (e.g., H-1B or TN status) for this employment position

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

• Ability to work effectively with detailed transactions, with extreme attention to detail.


• Solid problem-solving skills and ability to be innovative and creative.


• Understanding of Supply Chain Operations, and Inventory Management.


• Proven ability to produce high-quality work.


• Familiarity with ERP GL and ML modules; SAP experience a plus.


• CPA or Chartered Accountant.

Additional Information:

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


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


• Minimal travel

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