Financial Accounting Manager (Inventory Reserves) – 1010571

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.
At Elanco, we are driven by our vision of Food and Companionship Enriching Life and our purpose – all to Go Beyond for Animals, Customers, Society and Our People. 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 Inventory ReservesThis 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:Act as a key team member in the global close process for Intercompany profit and LIFOPerform corporate consolidation Intercompany Profit journal entriesAnalyze monthly SAP variances and facilitate corrections, as neededMaintain and update Intercompany Profit system/tool master data tablesInvestigate exception messages and complete data validation for the tool, including remediation of all issues using cross functional support as neededPrepare monthly-close SOx deliverables, including audit and quality checksTroubleshoot accounting and operational issues with affiliates and other corporate functionsPrepare monthly and quarterly analysis of inventory and intercompany profit reserveParticipate in the ongoing process improvement of global close process, identifying opportunities for streamlining and improving processes, inclusive of but not limited to improved inventory reportingPartner with Manufacturing Finance on improved inventory reporting, as well as enhancing the understanding of the accounting impact for inventory activityCreate and maintain process documentationAssist in assuring compliance with Elanco Global Accounting Policies and PracticesAssist with other special project work including changes in accounting and consolidations activitiesWhat You Need to Succeed (Basic 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 accountingAn understanding of inventory, costing and operational transactionsQualified 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 positionWhat Will Give You the Competitive Edge (Preferred Qualifications):Ability to work effectively with detailed transactions, with extreme attention to detailSolid problem-solving skills and ability to be innovative and creativeUnderstanding of Supply Chain Operations, and Inventory ManagementProven ability to produce high-quality workAbility to perform well under pressureStrong self-management skills and high learning agilityExcellent interpersonal skills with customer focusStrong communication and teamwork skillsAbility to multi-task and prioritize responsibilitiesExperience in MS Excel and WordFamiliarity with ERP GL and ML modules; SAP experience a plusCPA or Chartered AccountantFluency in EnglishAdditional Information:Flexibility during peak closing periods – overtime is required during month-end closing, especially at year-end.Minimal travelLocation: Indianapolis, IN Global HQ (Hybrid 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