Senior RTR Analyst COE - Inventory Accounting

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!

Position Description

This role will play a crucial part within the Elanco Solution Center’s Record to Report (RTR) Center of Excellence (COE) team, focusing on cost accounting and inventory accounting activities with a global scope.

This position will also provide cross-support to the wider RTR team based on ongoing business requirements.

The ideal candidate will contribute to the accuracy and completeness of month-end closing processes and related inventory/cost accounting activities across multiple entities.

This requires strict adherence to company policies while working closely with Finance Centre of Excellence Inventory Accounting SME and the local affiliates.

Key Responsibilities & Deliverables:

Actual Costing:


* Execute and document actual costing processes for multiple entities


* Self driven analysis of actual costing results and variances to ensure accuracy and compliance with internal policies, including SOx control submissions

Standard Costing:


* Responsibility for the preparation and analysis of standard costing for all affiliates globally


* Alignment with multiple stakeholders from finance, supply chain and master data


* Monitoring of automated in year group costing and resolution of any errors

Affiliate Slow Moving Obsolete Inventory (SMOI) provision


* Coordination, analysis, calculation and posting of the global centralised affiliate SMOI provision


* Cooperation with local supply chain and finance teams on their inputs; including detailed SOx control submissions

Net Realizable Value (NRV)


* Quarterly detailed review of provision requirement, with posting submission in OneStream if required


* Clear communication and query resolution with local finance teams on impact

Other responsibilities:


* Conduct general costing data quality sweeps to ensure accuracy across all downstream accounting processes


* Execute SOX controls in accordance with Key Control Matrix


* Prepare assigned Balance Sheet reconciliations


* Be seen as a “go to” information resource for costing and ...