Financial Accounting Manager; Inventory Reserves

Position: Financial Accounting Manager (Inventory Reserves)
Location: Indianapolis

Financial Accounting Manager (Inventory Reserves) page is loaded## Financial Accounting Manager (Inventory Reserves) locations:
Indianapolis, INtime type:
Full time posted on:
Posted Yesterday job requisition :
R0024318
** 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
*…