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 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:
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
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 (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 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
Ability to perform well under pressure
Strong self-management skills and high learning agility
Excellent interpersonal skills with customer focus
Strong communication and teamwork skills
Ability to multi-task and prioritize responsibilities
Experience in MS Excel and Word
Familiarity with ERP GL and ML modules; SAP experience a plus
CPA or Chartered Accountant
Fluency in English
Additional Information:
Flexibility during peak closing periods - overtime is required during month-end closing, especially at year-end.
Minimal travel
Location: 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
